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Dmitrij [34]
3 years ago
8

Ivanhoe provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation $1,500

per month Advertising $350 per month Insurance $2,770 per month Weed and feed materials $17 per lawn Direct labor $9 per lawn Fuel $2 per lawn Ivanhoe charges $70 per treatment for the average single-family lawn. Correct answer. Your answer is correct. Determine the company’s break-even point in number of lawns serviced per month. Break-even point Entry field with correct answer 110 lawns LINK TO TEXT LINK TO TEXT Incorrect answer. Your answer is incorrect. Try again. Determine the company’s break-even point in dollars.
Business
1 answer:
Sonbull [250]3 years ago
5 0

Answer:

Explanation:

To start with, we need to get the value for total fixed cost and total variable cost

Total fixed costs = Depreciation + Advertising + Insurance

= $1,500 + $350 + $2,770

= $4,620

Total variable costs per unit = Weed and feed materials + Direct labor + Lawn Fuel

= $17 + $9 + $2

= $28 per lawn

We also need to compute the contribution margin ratio

= Sales per unit - Variable cost per unit / Sales per unit

= (70 - 28) / 70

= 0.6

= 60%

Therefore;

1. Break even sales

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Answer:

$1,160 Favorable

Explanation:

The computation of total controllable cost variance is shown below:-

Budgeted variable cost for 36,000 units = $57,200 × 36,000 ÷ $44,000

= $46,800

Total budgeted cost for 36,000 units = $46,800 + $60,000

= $106,800

Controllable Variance = Actual Overhead - Budgeted Overhead

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= $1,160 Favorable

Therefore, for computing the controllable variance we simply deduct the budgeted overhead from actual overhead.

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Advertisement: Our competitors' computer salespeople are paid according to the value of the products they sell, so they have a f
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Answer:

E) Comput-o-Mart does not sell any computers that support only basic computing.

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As a member of the media audience, what are some ways you can control the persuasive process? Explain who you think has more pow
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speech is often delivered to an audience

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You are on the team of executives at Star Bank. You have been meeting as a team to discuss the future of the bank, including big
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Strategic planning is the type of planning used by team of Star bank.

<h3>What is strategic planning?</h3>

Strategic planning is a type of planning that is channeled towards a purpose.

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Therefore, Strategic planning is the type of planning used by team of Star bank.

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1 year ago
Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department fol
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The equivalent units for the month for the first department for material is 48,000 and for labor and overhead 46000.

What is the weighted average ?

  • One of three methods for valuing the stock in your company's inventory is the weighted average cost method, which establishes the average cost of all the products in your inventory based on their individual costs and the quantity of each item that is kept on hand.
  • The weighted average is used by businesses to calculate the amount that goes into inventory and the cost of products sold (COGS).
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Total units transferred = 42000

and, units of ending WIP = 6000(material),  4000(Labor),  4000(overhead)

So,

Equivalent units of production = 48000(material), 46000(Labor),  46000(overhead)

The equivalent units for the month for the first department for material is 48,000 and for labor and overhead 46000.

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