a. Purchase 225 gallons of raw material for maximum profit. b. Probability of running out of raw material with 120 gallons: 0.1591. c. Expected sales with 300 gallons: 255.04 gallons. d. Expected disposal costs with 450 gallons: $1,950. e. Purchase 233 gallons to ensure 92% probability of meeting customer demand.
a. To maximize expected profit, Goop Incorporated should purchase the quantity of raw material where the expected profit is highest, which is 225 gallons according to Table 13.4.
b. Given a purchase of 120 gallons, the probability of running out of raw material is approximately 0.1591 based on the normal distribution.
c. With a purchase of 300 gallons of raw material, the expected sales in gallons can be calculated using Table 13.4 and the round-up rule, resulting in approximately 255.04 gallons.
d. If Goop Incorporated purchases 450 gallons of raw material, it should expect to spend approximately $1,950 on disposal costs, calculated using Table 13.4 and the round-up rule.
e. To ensure a 92% probability of meeting the entire customer demand, Goop Incorporated should purchase 233 gallons of raw material according to Table 13.4.
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Which of the following is not useful for staying organized at school?
Answer:
The second answer
Explanation:
That would not help you do well in school
The option that is not useful for staying organized at school is skipping homework to have more time for extracurricular activities.
Why it is essential to stay organized?Organizing the daily calendar and tasks assists a person to focus on the tasks that need to be completed that day rather than being sidetracked by other things.
The process of staying organized at school includes to creating the remainders for the homework, then dating all work and keep the order of that work according to the situation.
Finally, a student color coding the school subjects that become more attractive in reading.
Therefore, option B is correct.
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An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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[ANSWERED] Complete the sentence about a presentation delivery method.
A(n) ____ allows you to transmit your presentations over the Internet using ____.
A WEBCAST allows you to transmit your presentations over the Internet using STREAMING TECHNOLOGY.
lmk if this works
Answer:
Explanation:
A Presentation software allows you to transmit your presentation over the internet using CDs
Answer:
A WEBCAST allows you to transmit your presentations over the Internet using STREAMING TECHNOLOGY.
Explanation:
10. What influences consumer purchasing behaviors? (5 points)
Answer:
trends, the buyers personality, and other peoples influence
Explanation:
tomsm's Investment account at his bank has compounding Interest. He Isn't sure if this is a positive thing for his investment. What is the BEST advice you can offer Tom? OA. Ask your bank to compound the interest less frequently. OB. Withdraw your investment immediately because compounding Interest is a scam. OC. Invest in a bank that doesn't offer compounding Interest so there is less risk. OD. Keep your account open and you will earn more on Interest you've already earned. Reset Next reserved.
Answer: Keep your account open and you will earn more on Interest you've already earned
Explanation:
Since Tom's investment account at his bank has a compounding interest, the best advice that'll be offered to Tom is to keep the account open and he will earn more on Interest than what he has already earned.
It should be noted that compound interest makes ones money grow faster. The reason for this is due to the fact that the interest is calculated based on the accumulated interest that the individual has earned over time and the original principal.
Therefore, it isn't advisable for Tom to withdraw his money or ask the bank to compound the interest less frequently but rather, he should keep the account open as he'll earn more interest.
Omar is having trouble paying his rent and making minimum payments on his student loan and credit cards. What should Omar consider doing to improve his situation?
Answer:
Omar should get budgeting advice from a consumer credit counselor
Explanation:
It is apparent from the question that Omar is having a financial problems as he is finding it difficult to meet up with his student loan and credit cards repayment plan.
It is advisable at this point that he should engage the service of a consumer credit counselor for budgeting advice to improve on his situation.
Consumer credit counselling service is a form of service that help to proffer solution to financial problems through financial education , budgeting assistance and debt management.
Answer:
Omar should get budgeting advice from a consumer credit counselor
Explanation:
How could the respective roles of these two labour organizations influence actions by other parties to address the concerns raised by affected Tim Horton's employees?
The correct answer to this open question is the following.
Unfortunately, you did not include the name of the two labor organizations. There is no further context, reference, text, or article.
However, trying to help you we can comment on the following.
Probably, you are referring to the Ontario Federation of Labor (OFL) and the Ontario Public ServiceEmployees Union (OPSEU).
If that is the case, we say that these two labor organizations have a major role in supporting the employees of Tim Horton's branches, after the response, they have taken in Ontario regarding the increase of the minimum wage in that Canadian province.
The power of these labor organizations created awareness of the employee's situation when different media channels covered the news about the demonstrations. This coverage was nationwide, alerting all Canadians about the situation in some branches of this famous and cherished Canadian fast-food restaurant.
This situation does not only grab the attention of public opinion but from the government and political parties that can get into the discussion, affecting the public image and reputation of Tim Horton.
3rd question is: what is marilyns net annual salary
Answer:
1. Net monthly pay = $ 3274. 27
2. Net Annual Salary = $ 39291.4
Explanation:
The total deductions from the salary
$ 79.20 + $ 343.21 + $ 528.01 + $ 290.41 + $ 245 + $ 520 = 2005.83
Monthly Net Pay = Gross pay – Deductions = 5280.10 – 2005.83 = $ 3274. 27
Net Annual Salary = Net Monthly Pay * 12 = $ 39291.4
1. Net monthly pay = $ 3274. 27
2. Net Annual Salary = $ 39291.4
What do you call a specific Market group that wants, and can afford, your product
Answer:
A target market I think
Explanation:
Which item is important to consider when selecting a
credit card?
Annual Percentage Rate (APR)
Fees
The look of the credit card
th
Both APR and fees
Answer:
Both APR and fees
Explanation:
The Annual Percentage Rate -APR is the interest rate a customer pays on a credit card per year. Credit cards extend loans to the holder every time they are used. If the credit card user does not pay the full amount on the due date, it attracts interest charges. The higher the APR, the more interest a cardholder will pay. In selecting a credit card provider, APR is the most important factor to consider.
Credit card attracts other fees other the interest. These fees include Balance Transfer Fee, Foreign Transaction Fee, Annual Fee, and Cash Advance Fee. These fees affect the customer's overall cost of using the credit card. Customers should compare different credit card companies and select one with favorable fees.
What kind of services do banks offer their customers?
The services most often provided include a variety of checking accounts, saving accounts, certificates of deposit, and loans, including car loans and home mortgages. Additional services may include safe deposit boxes and investment-related services.
Explanation:
Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $325,000, and its year-end receivables were $60,000. If its DSO is less than the 45-day credit period, then customers are paying on time. Otherwise, they are paying late. By how much are customers paying early or late? Base your answer on this equation: DSO - Credit Period = Days early or late, and use a 365-day year when calculating the DSO. A positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91
Answer:
b. 22.38
Explanation:
The credit period to pay for merchandise is 45 days, sales for last year = $325,000, therefore sales/day (daily sales) = $325,000/365 = $890.41
Year-end receivables = $60,000
Company DSO = Year-end receivables/ daily sales = $60000/$890.41 = 67.38
The difference between the Company DSO and credit period determines if the payment is early or late. A positive answer indicates late payments, while a negative answer indicates early payments.
Therefore, Company DSO - credit period = 67.38 - 45 = 22.38
Since the difference is positive, it is a late payment
Professor Cupinda performed a field study of employee resistance to computers. She gathered data on many different issues. In her research report, she dismissed information that she thought to be less relevant in explaining employee resistance but which later turned out to be relevant. Which logical error did she commit
Professor Cupinda committed which logical error: confirmation bias. Confirmation bias is a logical fallacy that causes individuals to search for, interpret, and remember information that supports their current beliefs while disregarding information that contradicts them.
This can lead to poor decision-making, as important information is overlooked or dismissed. Professor Cupinda committed this error when she dismissed information that she considered less relevant in explaining employee resistance to computers but which later turned out to be relevant.In her research report, Professor Cupinda dismissed the information she considered less relevant in explaining employee resistance to computers. However, the information she ignored later turned out to be relevant, implying that her reasoning was incorrect. Confirmation bias was at play here because she selectively focused on data that supported her current beliefs, causing her to ignore critical information that contradicted her assumptions, and this led to her making incorrect conclusions about the situation.
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In what type of economy do individuals and firms determine what will be produced?
Mixed
Traditional
Market
Command
Answer:
market
Explanation:
is there a discount for three people going to the amusement park
It depends on the amusement park's policies and promotions. Some amusement parks may offer group discounts for a certain number of people, while others may not offer any discounts for groups.
A theme park or amusement park is a spot with attractions comprised of rides, for example, thrill rides and water rides. They as a rule contain a choice of various sorts of rides, alongside shops, eateries and other diversion outlets. Amusement parks can be appreciated by grown-ups, youngsters and kids.
Many are themed to a specific region; there are water parks, parks demonstrated after toys, parks displayed after motion pictures or sorts of films, normally experience or activity. The period from the 1950s through the 1970s achieved a centre time for development in the contemporary amusement park industry, as a solid American working class was being laid out and individual transportation turned into a typical decent. The time of increased birth rates following WWII ensured countless families trying to get to know each other, and growing work privileges consider all the more spare energy to do exactly that.
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Discuss collective-bargaining legislation? Discuss strikes and
lockouts and union.
membership relationship.
Collective-bargaining legislation regulates the negotiation process between employers and employees, ensuring their rights to form and join labor unions. Strikes and lockouts are methods used by unions and employers to exert pressure during negotiations, while union membership is the representation of workers in a collective bargaining unit.
Collective-bargaining legislation provides a legal framework for the negotiation process between employers and employees, typically in the form of labor laws or acts. This legislation protects workers' rights to organize and join labor unions and establishes guidelines for negotiating employment terms and conditions. It aims to achieve a balance of power between employers and employees, promoting fair working conditions and collective decision-making.
Strikes and lockouts are tools used during collective bargaining. Strikes occur when workers, through their union, refuse to work to put pressure on employers to meet their demands. Lockouts, on the other hand, are actions taken by employers to prevent employees from working during a labor dispute. These actions are meant to apply pressure and encourage negotiations to reach a resolution.
Union membership represents the workers who have chosen to join and be represented by a labor union. Union membership grants individuals the right to participate in collective bargaining and have their interests and concerns addressed collectively. Unions negotiate on behalf of their members to improve wages, working conditions, benefits, and job security.
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True or False: HR staff should be in close proximity to the line managers so they can keep up on their needs.
The statement "HR staff should be in close proximity to line managers so they can keep up on their needs." is true.
This is because having HR staff near line managers enables better communication and understanding of the needs and challenges faced by the organization.
Being in close proximity helps HR staff to promptly address any concerns, support the recruitment process, and facilitate the implementation of performance management strategies.
Additionally, it allows for faster and more efficient decision-making, as HR staff can be easily consulted on various matters. This close relationship ultimately contributes to improved employee satisfaction, better team performance, and overall organizational success.
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developed by the us navy, a pert (program evaluation review technique) chart would help a project manager understand what aspect of a project?
A pert (program evaluation review technique) chart, created by the US Navy, would assist a project management in understanding the project milestones and the sequence in which they are expected to be achieved.
The U.S. Navy's Special Projects Office developed PERT charts for the first time in the 1950s to direct the construction of the Polaris nuclear submarine.
PERT charts use nodes, which are circles or rectangles, to indicate project milestones or occurrences. Vectors, or lines, that represent various tasks and their dependencies connect these nodes.
Managers can assess the amount of time and resources needed to manage a project using a PERT chart.
Project events or milestones are represented by circles or rectangles on a PERT chart, known as nodes. Different jobs are represented by vectors or lines that connect the nodes.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Which of these is an example of using secondary data for market research?
A. Interviewing a customer after making a purchase
B. Using census data to find information about your target market
C. Conducting a customer satisfaction survey
D. Observing a focus group test a company's new product prototype
Answer:
B. Using census data to find information about your target market
Explanation:
Using census data to find information about your target market is an example of using secondary data for market research. Option (b) is correct.
What do you mean by Focus?Focus is a center of activity, attraction, or attention.
Secondary data is information that was gathered earlier by another party. questionnaires, personal interviews, observations, experiments, etc. Publications, websites, books, journal articles, internal documents, etc. produced by the government.
Therefore, Option (b) is correct. Using census data to find information about your target market is an example of using secondary data for market research.
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why cant i work when im 13?
Answer:
Because you're not "old enough" to work, it's like you're still seen as a kid but its different for other countries and states.
Explanation:
DUE TO UNFORTUNATE REASONS YOU CAN NOT bcuz of an age limit. Lifes cruel young blood. The world doesnt want you to advance in life, to strive and prosper. keep living homie :(
What is another name for administrative law?
Answer:
Regulatory law
Explanation:
Administrative law is an arm of public law and is also known as “regulatory law.”
cash effects of plant asset transactions are recognized in the statement of cash flows when which of the following transactions occur(s)? (select all that apply).
The cash effects of plant asset transactions are recognized in the statement of cash flows when the following transactions occur:
Purchase of plant assets for cashSale of plant assets for cashDepreciation expense on plant assetsThe purchase of plant assets for cash is reported as a cash outflow under the investing activities section of the statement of cash flows, as it represents a significant investment in long-term assets.
The sale of plant assets for cash is reported as a cash inflow under the investing activities section of the statement of cash flows, as it represents a disposal of long-term assets.
Depreciation expense on plant assets is a non-cash expense that is added back to net income in the operating activities section of the statement of cash flows, as it does not represent an actual cash outflow.
However, it is an important adjustment to reconcile net income with cash flows from operating activities, as it reflects the use of plant assets in the production of goods and services.
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Complete Question
cash effects of plant asset transactions are recognized in the statement of cash flows when which transactions occur?
Which of the following are examples of limited resources on the part of consumers?
product and space
money and product
time and money
space and time
Answer:
The answer is time and money
Explanation:
I took the test on edge
Examples of limited resources on the part of consumers are time and money.
What are limited resources?
Limited resources are resources that can be depleted. They are of limited availability. As these resources are used, they decline.
For example, no one has an unlimited supply of money. As money is spent, the amount of money one has reduces. Also, time is limited. One has 24 hours in a day.
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1) Nelson Company began operations on December 1, Year 1. The following transactions and adjustments were recorded in December and posted to the company’s ledger accounts:
5) Purchased $500 of supplies on account to be used in January
1.1) Acquired $3,800 cash from the issue of common stock to its stockholders
2.2) Provided services on account for $3,300
3.3) Paid $1,900 cash for land
4.4) Owed $1,400 of salaries expenses to employees for work done in December that will be paid during January
5.6) Collected $1,700 from customers
What is the total of the debit account balances that will be reported on the company's adjusted trial balance at December 31, Year 1?
A) $6,900
B) $9,000
C) $5,200
D) $3,500
The total of the debit account balances that will be reported on the company's adjusted trial balance at December 31, Year 1 is B) $9,000
Nelson Company Adjusted trial balance at December 31, Year 1
Debit side
Cash $3,600
($3,800+$1,700-$1,900)
Account Receiveble $1,600
($3,300-$1,700)
Supplies $500
Land $1,900
Salaries expenses $1,400
Total debit balance $9,000
Credit side
Account payable $500
Salaries payable $1,400
Common stock $3,800
Service revenue $3,300
Total Credit balance $9,000
Inconclusion The total of the debit account balances that will be reported on the company's adjusted trial balance at December 31, Year 1 is B) $9,000
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implementation of the plan comes after which step in the planning process?
Implementation of the plan comes after the Write and Publish a Strategic Plan system step.
What is the meaning of Implementation?The act of carrying out a plan, a method, or any other design, idea, model, specification, standard, or policy is known as implementation. As a result, for something to occur, action must come after any previous thinking.
After project initiation and planning, the project implementation stage is where you put all of your planning and preparation into action. You've got ideas, plans, and tactics in place; all that's left to do is put them into action.
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ABC Telecom has to choose between two mutually exclusive projects. If it chooses project A, ABC Telecom will have the opportunity to make a similar investment in three years. However, if it chooses project B, it will not have the opportunity to make a second investment. The following table lists the cash flows for these projects. If the firm uses the replacement chain (common life) approach, what will be the difference between the net present value (NPV) of project A and project B, assuming that both projects have a weighted average cost of capital of 11%?
Cash Flow Project A Project B Year 0: –$15,000 Year 0: –$40,000 Year 1: 9,000 Year 1: 8,000 Year 2: 15,000 Year 2: 16,000 Year 3: 14,000 Year 3: 15,000 Year 4: 12,000 Year 5: 11,000 Year 6: 10,000 $10,353 $11,945 $15,927 $12,742 $9,556
ABC Telecom is considering a three-year project that has a weighted average cost of capital of 11% and a NPV of $22,870. ABC Telecom can replicate this project indefinitely. What is the equivalent annual annuity (EAA) for this project?
The equivalent annual annuity (EAA) may be a calculation that refers to the annual cash stream that would resign the same show regard as the net present value (NPV) over its lifetime. In this case, the EAA for the three-year venture is $9,734, meaning that within the occasion that the project makes an annual cash stream of $9,734 for three years, its present value would be indistinguishable to the NPV of $22,870.
What is the equivalent annual annuity (EAA) for this project?To calculate the equivalent annual annuity (EAA) for the three-year amplify, prepared to utilize the NPV and the concept of interminability. The EAA refers to the annual cash stream that would donate the same present value as the project's NPV over its lifetime.
Given that the NPV of the project is $22,870, we'll utilize the condition for the present value of a interminability to calculate the EAA:
\(EAA = NPV / [(1 - 1 / (1 + r)^[n}) / r],\)
where r is the discount rate (weighted average cost of capital) and n is the number of a long time of the project's lifetime.
Ceasing inside the values, the EAA for the three-year project would be:
\(EAA = $22,870 / [(1 - 1 / (1 + 0.11)^[3}) / 0.11] ≈ $9,734.\)
Consequently, the equivalent annual annuity for the project is generally $9,734.
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A furniture manufacturer must pay $16.91 to make a certain kind of chair, which it can sell for $55.75. If the manufacturer has starting overhead costs of $18,340, not including production costs, how many chairs must it sell to realize a profit of $24,850, to the nearest chair?
a. 1, 112
b. 918
C. 775
d. 640
Answer:
It is 1,112
Explanation:
I just took the test as well like the person above me
To earn a profit of $24,850, it must sell 1, 112 chairs. Thus, choice (A) is the appropriate one.
What do you meant by production costs?A company incurs production expenses, sometimes referred to as product costs, when it produces a good or offers a service. These fees cover a range of costs. Manufacturers, for instance, incur manufacturing expenses for the labor and raw materials required to generate the product.
Industries that provide services have production costs associated with the labor needed to provide the service and any materials costs associated with providing the service. The government's taxes and the royalties that resource extraction businesses are required to pay are also considered production expenses.
When a product is finished, the business records its worth in its financial accounts as an asset until the product is sold. The company's objective is achieved by listing a finished good as an asset.
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quizlet suppose warner music and umg are in a duopoly and currently limit themselves to 10 new artists per year. each artist sells 2 million songs at $1.25 per song. however, each label is capable of signing 20 artists per year. if one label increases the number of artists to 20 and the other stays the same, the price per song drops to $0.75, and each artist sells 3 million songs. if both labels increase the number of artists to 20, the price per song drops to $0.30, and each artist sells 4 million songs.
If the game is played once then each producer will sign 20.artists at $0.30 per song since this is the Nash equilibrium.
Step-by-Step Solution:
1. In the initial scenario, both Warner Music and UMG limit themselves to signing 10 new artists per year.
- Price per song: $1.25
- Quantity of songs sold per artist: 2 million
2. If one label (let's say Warner Music) increases its artist count to 20 while the other (UMG) stays at 10:
- Price per song: $0.75
- Quantity of songs sold per artist: 3 million
3. If both labels increase their artist count to 20:
- Price per song: $0.30
- Quantity of songs sold per artist: 4 million
4. To determine the Nash equilibrium in duopoly, we analyze the choices made by the labels based on their incentives. The Nash equilibrium occurs when no label has an incentive to unilaterally deviate from their chosen strategy.
In this case, both labels have an incentive to increase their artist count to 20, as it results in a lower price per song and a higher quantity of songs sold per artist. Therefore, the Nash equilibrium is reached when both labels choose to sign 20 artists.
- Price per song: $0.30
- Quantity of songs sold per artist: 4 million
Hence, the step-by-step solution shows that the Nash equilibrium is reached when both Warner Music and UMG sign 20 artists at a price of $0.30 per song, with each artist selling 4 million songs.
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Complete Question:
Suppose Warner Music and Universal Music are in a duopoly and currently limit themselves to 10 new artists per year. One artist sells 2 million songs at
$
1.25
$1.25 per song. However, each label is capable of signing 20 artists per year. If one label increases the number of artists to 20 and the other stays the same, the price per song drops to
$
0.75
$0.75, and each artist sells 3 million songs. If both labels increase the number of artists to 20 , the price per song drops to
$
0.30
$0.30, and each artist sells 4 million songs.
b. If this game is played once, how many artists will each producer sign, and what will be the price of a song?
Everything else equal, a firm can reduce its operating breakeven point by: a. increasing its fixed costs g the selling price of the product that is sold. c. increasing the contribution margin. d. increasing the variable cost per unit. e. decreasing the earnings per share.
Everything else equal, a firm can reduce its operating break even point by: increasing the contribution margin . Option C is correct .
The term "contribution margin" refers to the ratio of a company's selling price to its variable costs to its break even point.
The BEP would decrease if the company could raise the contribution margin, which would also raise the denominator in the formula.By increasing the average contribution margin earned on each sale, the break-event point can be decreased. Reducing variable costs is one way to accomplish this.
The break-even units will rise in tandem with the ratio as a result of an increase in the numerator and fixed costs. The break-even point is determined by dividing the fixed cost by the contribution per unit. As a result, the number of units required to cover the fixed cost will also rise as the fixed cost rises.
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