Answer:
Selling price= $150
Explanation:
Giving the following information:
The expected sales are 2,500 units. Production informs you that the variable costs are $50/unit. Fixed costs are $150,000.
We need to use the break-even point formula and isolate the selling price:
Break-even point= fixed costs/ contribution margin
Break-even point= fixed costs/ (selling price - unitary variable costs)
2,500= 150,000 / (X - 50)
2,500X - 125,000= 150,000
2,500X= 375,000
Selling price= $150
Answer: credit to Common Stock Dividends Distributable for $43500
Explanation:
Based on the information given in the question, the entry to record the transaction of May 24 goes thus:
Debit Stock Dividend = 87000 × 5% × $16 = $69600
Credit To Common Stock Dividend Distributable = 87000 × 5% × $10 = $43500
Credit To Paid in capital in excess of Par - Common Stock = $69600 - $43500 = $26100
Explanation:
different distances traveled in equal times; The speed of the object is changing. Periodic Motion. a motion that repeats itself.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
