When the level of output leads to sales revenue that covers the fixed and variable costs, this is called the Breakeven Point.
<h3>What happens at the Breakeven point?</h3>
This is the point where the company has sold enough units to make back its variable and fixed costs.
At this point, the company would be making $0 profits which is also considered in business to be the normal profit.
Find out more on normal profits at brainly.com/question/3522161.
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Answer:
D. $28.50
Explanation:
Peach Equivalent-unit cost = Total Cost / Units
Peach Equivalent-unit cost = ($966000 + $231000) / (40000 units + (10000 units*20% completion))
Peach Equivalent-unit cost = $1197000 / (40000 units + 2000 units)
Peach Equivalent-unit cost = $1197000 / 42000 units
Peach Equivalent-unit cost = $28.50
Answer:
C
Explanation:
Because that would not make any sense of "distributive marketing
A creditor who extends credit to a consumer to purchase a consumer good under a written security agreement obtains a<u> "purchase money" </u>security interest in the consumer good.
A purchase money security interest (PMSI) is a legitimate claim that enables a lender to repossess property financed with its loan or demand repayment in real money if the borrower defaults. It gives the lender need over other creditors cases.
A PMSI is utilized by some commercial lenders and credit card guarantors just as by retailers who offer financing alternatives.