Answer:
1. Defencse Dynamics has to sell 325,203 units units to break even on this project.
2. Assuming that the firm can sell 200,000 units, Price it must set to break even is $60.75
Explanation:
The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:
Break-even point in units = Fixed cost/(Selling price per unit-Variable cost per unit) = $10,000,000/(
$41.50 - $10.75) = 325,203 units
The firm can sell 200,000 units.
Price it must set to break even = (Fixed cost/Break-even point in units) + Variable cost per unit = ($10,000,000/200,000) + $10.75 = $60.75
Answer:
Gross Income - $2570 ($21.60*119)
Group Health Insurance - $360 ($2570*0.14)
Pension Deduction- $154 ($2570*0.06)
Total Deduction- $514 ($360 + $154)
Net Pay- $2056 ($2570 - $514)
Explanation:
As the question states given the pay rate and hours worked, No Data of pay rate and hours worked is provided. Gross Earnings are $21.60 which doesn’t seem accurate when compared with Group Health Insurance and Pension figures. However let’s assume the pay rate to be $21.60 and hours worked to be 119 hours then we will have the following results:
Gross Income - $2570 ($21.60*119)
Group Health Insurance - $360 ($2570*0.14)
Pension Deduction- $154 ($2570*0.06)
Total Deduction- $514 ($360 + $154)
Net Pay- $2056 ($2570 - $514)
I hope this is the type of answer you must be looking for!
The correct answer is option A. An example of an adjusting entry is Revenue that has been billed but not yet paid
<h3>What is an adjusting entry?</h3>
These are entries that share correct amount between income and expenditure in the period they occur, usually at the end of the financial period.
It is to be noted that adjusting entries are alteration made to journal entries that have been previously recorded.
Learn more about adjusting entries here: brainly.com/question/22635583
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The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and desires is known as Consumer Behavior.
<h3><u>
Explanation</u>
:</h3>
The process that deals with the study of how the individuals and the organisations selects, purchases and uses and disposes the goods and services is the consumer behavior. These are done for the satisfaction of their wants and needs. The main thing that is associated with the consumer behavior is the motivation and psychology of the purchasing person.
It deals with the activities of the consumers in purchasing a particular product or services and the motivations that is responsible for that selection of the product. The consumer behaviors can be classified as habitual buying,complex buying variety-seeking buying and dissonance-reducing buying.