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Paha777 [63]
3 years ago
9

Paula's Perfumes has a target profit of $4,000 per month. Perfume sells for $15.00 per bottle and variable costs are $13.50 per

bottle. Fixed costs are $3,200 per month. The number of bottles that must be sold each month to earn the target profit is:______.
Business
1 answer:
aivan3 [116]3 years ago
6 0

Answer:

4,800 bottles

Explanation:

The formula to compute the number of bottles sold is shown below:

= (Fixed cost + target profit) ÷ (Contribution margin per unit)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $15 - $13.50

= $1.50

So, the number of bottles sold equal to

= ($3,200 + $4,000) ÷ ($1.50)

= 4,800 bottles

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2 years ago
An existing partner wants to contribute property having a basis less than its FMV for an additional interest in a partnership. a
tino4ka555 [31]

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He should not contribute the property to the partnership.

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The cash account for Stone Systems at July 31, 20Y5, indicated a balance of $17,750. The bank statement indicated a balance of $
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Answer:

The bank reconciliation statement is as shown below:

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Balance per bank statement     33,650.00  

Deposit in transit                               9,150.00  

Outstanding check                    (17,865.00)

Bank charges                                   80.00  

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Returned check                                (540.00)

Check drawn                             <u>   (630.00) </u>

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