Answer:
The level of sales in units is 7,400
Explanation:
The computation of the level of sales in units is shown below:
= (Fixed cost + target income) ÷ (Contribution margin per unit)
= ($286,200 + $106,000) ÷ ($163 per unit - $110 per unit)
= $392,200 ÷ $53 per unit
= 7,400 units
The Contribution margin per unit is
= Selling price per unit - variable cost per unit
Henec, the level of sales in units is 7,400
I believe the answer is: citizens choose to trade goods or services for something else of value
Voluntary exchange could only happen if both parties involved are willingly committed to a certain type of transaction because they both genuinely believe that they will benefited from a the transaction. Examples of a voluntary exchange would be when a kid choose to spend their daily allowance to purchase his favourite candy.
the answer to this is true
<span>Since there is no interest rate for the transaction, the number of months in 30 years = 12 x 30 = 360. Total amount paid = 995 x 360 = $358,200. Therefore, at the end of 30 years they must have paid a total of $358,200. Thus, the total interest paid is $358,200 - $190,000 = $168,000.</span>
Answer:
A debit of $6.6 million to a loss account
Explanation:
The entry to record the retirement Viper retires
Carrying value of the bonds $53.1 million
Less the market value of the bonds is $46.5 million
=$6.6 million loss
The answer is a debit of $6.6 million to a loss account because the carrying value of the bonds was $53.1 million while the market value of the bonds was $46.5 million which means we have to deduct the carrying value from the market value which gave us a loss of $6.6 million .