Answer:
(a) $9; 30%
(b) $21,000; 700 units
Explanation:
Given that,
Units sold = 800
Average sales price = $30
Fixed costs = $6,300
Variable costs = 70% of sales
(a) Contribution margin per unit:
= Selling price per unit - Variable cost per unit
= $30 - (70% × $30)
= $30 - $21
= $9
Contribution margin ratio:
= Contribution margin per unit ÷ Selling price
= $9 ÷ $30
= 30%
(b) Break-even sales (in dollars):
= Fixed costs ÷ Contribution margin ratio
= $6,300 ÷ 30%
= $21,000
Break-even sales (in units):
= Fixed costs ÷ Contribution margin per unit
= $6,300 ÷ $9
= 700 units
The producer is the person who makes the product therefore the answer would be A.
re-stocked was the answer, but there could others like re-fined, re-integrated
Answer: Assets are listed in descending order of liquidity
Explanation:
According to accountant principles, the assets are always listed starting with the most liquid asset. It has the special purpose of helping to the shareholders and company owners to know what assets are easily sold and become in cash flow. The most liquid asset is always the cash, it is the first in the list. Commonly the second asset listed is the inventory, then we have ththe realizable value ( it includes bonds, stocks and other stock market elements), followed by the elements available for sell, at the end we can find listed long term resources including fixed assets and intangible assets.
The price of one bag of granola is $2.
<h3>
What is an Equation</h3>
An equation is an expression that is used to show the relationship between two or more variables and numbers.
Let x represent the number of sport drink, y for banana drink and z for granola drink, hence:
x + y + 2z = 7.5 (1)
Also:
2x + 2y + 2z = 11 (2)
And:
x + 3z = 8.5 (3)
Hence:
x = 2.5, y = 1 and z = 2
The price of one bag of granola is $2.
Find out more on Equation at: brainly.com/question/1214333
