This contract with honey bee company and ivan who enter into an oral contract with ivan under which he agrees to clean hbc's offices for two years is enforceable by neither of the party. Neither of the party is enforceable by this contract they make.
Answer:
Company must make sales of $600,000.
Explanation:
Compute the contribution margin of the company:
Contribution margin=Pre−Tax Income+Fixed Cost
=$60,000+$270,000
=$330,000
Thus, the contribution margin is $330,000. It is computed by summing up the fixed cost and the pre-tax income of the company.
Compute the total sales of the company:
Contribution margin ratio= Contribution margin / Sales
55%= $330,000/ Sales
Sales= $55% / $330,000
=$600,000
The sales of the company are $600,000.
Answer:
they die because god has heard stuff that you didn't and seen stuff you didn't thats why he is trying to keep you safe.
Explanation:
Answer: Top line=debits, bottom line=credits
part 4
2019
May 31
(Debits) Cost of Merchandise Sold 13,950
(Credits) Merchandise Inventory 13,950
May 31
Insurance Expense 12,000
Prepaid Insurance 12,000
May 31 (labels correct, dollar amount unknown)
Store Supplies Expense ??
Store Supplies ??
May 31
Depreciation Expense 14,000
Accumulated Depreciation
-Store Equipment 14,000
May 31
Sales Salaries Expense 7,000
Office Salaries Expense 6,600
Salaries Payable 13,600
May 31
Sales 60,000
Customer Refunds Payable 60,000
May 31
Estimated Returns Inventory 35,000
Cost of Merchandise Sold 35,000