The selling price of a particular product is $7.00 per unit, fixed costs total $18,000, and the breakeven sales in dollars is $24,000. What would be the variable expense per unit
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Ответ:
Variable cost per unit = $1.75
Explanation:
Break even in dollars is calculated using Fixed Expense/ Contribution Margin Ratio
therefore
Contribution margin Ratio =Fixed expenses/Break even in dollar
= $18,000 / $24,000
= 0.75
Contribution Margin =Sales × Contribution Margin Ratio
$7 x 0.75=$5.25
Variable cost per unit = Sales - Contribution margin
=$7.00 - $5.25
Variable cost per unit = $1.75
Ответ:
Marketability: The likelihood that something will sell; market appeal.
The house has high marketability.
Liquidity: (uncountable) The state or property of being liquid.
(economics, countable) An asset's property of being able to be sold without affecting its value; the degree to which it can be easily converted into cash.