Answer:
Contribution per unit
= Selling price - Variable cost per unit
= $27 -$13
= $14
Contribution margin ratio
= Contribution per unit
selling price
= $14
$27
= 0.518518518
Break-even point in dollars
= $1,400
0.518518518
= $2,700
Explanation:
Break-even point in dollars equals fixed cost divided by contribution margin ratio. Contribution margin ratio is equal to contribution per unit divided by selling price. Contribution per unit is selling price minus variable cost per unit.
Answer:
Conversations with people who start their own business often reveal that many small business owners got their entrepreneurial idea from a previous job.
Small businesses are started either as a sole proprietorship or partnership, where they sell fewer resources than a larger company. Entrepreneurial ideas come from starting the business from previous jobs to help the small business make maximizing profit
Hope this helps ;)
Answer:
c. $45
Explanation:
Transfer price is the price charged for a product which is transferred to other department/ division / subsidiary of same company / group. The minimum selling price in the absence of any excess capacity is the price available in the market, because the company has demand for the product and it does not lost the sale if transfer not takes place. The product can be sold in the market. So the Transfer price should be $45.
Answer:
$12,500 income tax; $1,250 penalty
Explanation:
The distribution from the traditional IRA is fully taxable since he Tyson receives a distribution of the entire $50,000 balance of his traditional IRA
($50,000 x 25%) = $12,500.
Therefore Tyson must pay a 10% penalty on the portion of the distribution that he did not contribute to a Roth IRA despite Tyson receives a distribution of the entire $50,000 balance of his traditional IRA in which he retains $12,500 to pay tax on the distribution
($12,500 x 10%) =$1,250
Therefore $12,500 will be his income tax amount and $1,250 will be his penalty amount
Answer:
<u>January:</u>
Sales revenue= $14,000
<u>February:</u>
Sales revenue= $10,000
Explanation:
Giving the following information:
Sales:
January= 7,000 units
February= 5,000 units
Selling price= $2
The sales revenue reflected in the sales budget is the result of multiplying the number of units sold with the selling price.
January:
Sales revenue= 7,000*2= $14,000
February:
Sales revenue= 5,000*2= $10,000
