Break even point and fixed cost

Assignment Help Advanced Statistics
Reference no: EM13115064

For 2011, Flint Corporation sold 100,000 units of its profit for $20 each. The variable cost per unit was $12, and Flint's margin of safety was 30,000 units. What was the amount of Flint's total fixed costs?

Reference no: EM13115064

Questions Cloud

How many moles were formed : Solutions of AgNO3 and KCl are combined and 0.683 g of a precipitate are formed. What is the precipitate and how many moles were formed.
Determining payoff table data analysis tool : A payoff table is a data analysis tool used tell you what the payoffs will be for different outcomes. An expected payoff table gives us the outcome times the probability that it will occur. Give examples (in the simplest form) of these two tables ..
Interpreting mean and fuzzy data : You have been asked to ship a package from Pennsylvania to California. You need to get it there in 2 days, heads will roll if it is late.You call 2 carriers, and ask them what their average transit time is to California.
Explain this three main types of interspecific interactions : Explain this three main types of interspecific interactions:Competition, Predation and symbiosis (between species) and give an example of each.
Break even point and fixed cost : For 2011, Flint Corporation sold 100,000 units of its profit for $20 each. The variable cost per unit was $12, and Flint's margin of safety was 30,000 units. What was the amount of Flint's total fixed costs?
What was the color of the vapor emitted : In the tin oxide laboratory activity, what was the color of the vapor emitted when the nitric acid was added to the tin.
Why is endo agar used instead of nutrient agar : Suppose you were to count one coliform colony produced from a 10 ml water sample. What is the coliform density of the water in cells per 10 ml? Is the water potable? Explain.
Explain commonly methods of evaluating marketing programs : which of the following is correct? There are 3 commonly methods of evaluating marketing programs are 1.marketing metrics, 2.marketing dashboards and which one
What product did he get : Greg Nard added an equivalent of 3,4-epoxy-4-methylcyclohexanol to an ether solution of methyl magnesium bromide and then added dilute hydrochloric acid.

Reviews

Write a Review

Advanced Statistics Questions & Answers

  Plan the analysis

Plan the analysis

  Decision making-solution set

Considering Bazerman's writing about Framing and the reversal of preferences and Motivational and Affective Influences on decision making, write a paper, responding to the assigned write-up.

  Modelise as a markov chain

modelise as a markov chain

  Monte carlo method probability model

X and Y are both standard normal random variables (mean = 0, standard deviation = 1), statistically independent of each other. Create a simulation model to estimate the probability that X and Y are both positive and that their sum is less or equal..

  Worker satisfaction-compensation strategy

How does one's ability, motivation and opportunities distinguish themselves as it relates to worker satisfaction? Explain the value of a strategic compensation strategy?

  Sample risk-nonsampling risk

Below are statements or examples related to audit sampling applications. Indicate, using the correct letter, which concept is most closely associated with the statement or example. Each concept may be related to more than one statement or example.

  Determining number of sales using algebra

A Cold Stone Creamery ice cream shop sells sundaes for $3.60 and banana splits for $4.25. The shop sells four times as many sundaes as banana splits. If total sales amounted to $3,730 last weekend, how many banana splits were sold?

  Description of business research

Of the three research designs types (exploratory, formalized, and casual), which would you use to assess the effectiveness of an aspect of your job? Explain.

  Bond coupon rate and yield to maturity

A company currently has 10 percent coupon bonds on the market that sell for 1,063, make semiannual payments, and mature in 20 years. What coupon rate should the company set on its new bonds if it wants them to sell at par?

  Future value-concept and application

In a Word document, upload your answers to the following questions below. Very importantly - show all your work. If your final answer is wrong, you can still receive partial credit if you show all of your steps and demonstrate a good understanding..

  Link between relative frequency and the cumulative frequency

What is the purpose of developing a frequency distribution? What is the relationship between the relative frequency and the cumulative frequency?

  Sales and marketing career path-tip sheet

Consider the top 2-3 careers in Sales or Marketing you would like to enter one day. Do some research at places like Monster and compile some data for each of these career paths. In particular, collect salary information, experience and degree requ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd