Answer and Explanation:
The computation is shown below:
Total fixed costs is
= depreciation + advertising + insurance
= 1224 + 153 + 1683
= $3060 per month
Now
Total variable cost per unit
= weed + direct labor + fuel
= 10 + 8 + 2
= $20/ per lawn
Now
Contribution margin ratio = (sales per unit - variable cost per unit) ÷ sales per unit
= ($50 - $20) ÷ 50
= 60%
Now
Breakeven sales is
= fixed costs ÷ contribution margin ratio
= $3,060 ÷ 60%
= $5100
And,
Breakeven sales units is
= breakeven sales ÷ sales per unit
= 5100 ÷ 50
= 102 lawns
Answer: Sequence check; diagnostic
Explanation:
A sequence check is carrying out test on a list of items for accurate order in which they are arranged or are placed based on the key item with which they are being identified.
Diagnostic analysis takes a deep insight into a study(descriptive analysis) then finds out the cause of such outcome.
Detecting gaps in records and duplicate entries is referred to as a sequence check which is a type of diagnostic analysis.
Answer:
$2,490
Explanation:
Based on the information given we were told that in order for the company to recognize his long as well as loyal service they awarded Ed a gold watch worth the amount of $105 which as well include the amount of $2,490 as cash bonus which means that the amount that Ed must include in his gross income will be the cash bonus amount of $2,490.
Therefore the amount that Ed must include in his gross income is $2,490
Answer:
B. $2,250
Explanation:
Given
Tax = $15
Equilibrium quantity = 300
Therefore,
Deadweight loss from tax = (300 × 15) ÷ 2
= 4500 ÷ 2
= $2,250