Answer:
1500
Explanation:
Breakeven point is the number of units produced and sold where net income is art on it is where revenue equals cost.
The formula for calculating break even points = F / (P - V)
F = fixed cost
P = price
V = variable cost per unit
$270,000 / ($600 - $420) = 1500
I hope my answer helps you
Raw Materials Inventory $XX Accounts payable
Answer:
Materials = 23,000 units
Conversion Costs = 23,000 units
Explanation:
Note that the weighted-average method is being used to calculate the equivalent units.
Using this method, we are interested only in calculating equivalent units in units that were completed and transferred and units of ending work in process.
<u>Calculation of equivalent units of production for Materials and Conversion Costs.</u>
Materials
Completed and transferred (20,000 units × 100%) 20,000
Ending Work In Process (5,000 units × 60%) 3,000
Equivalent units 23,000
Conversion Cost
Completed and transferred (20,000 units × 100%) 20,000
Ending Work In Process (5,000 units × 60%) 3,000
Equivalent units 23,000
The statement that are NOT costs that are relevant to the "total cost to own" of a car is: f. None of the above.
<h3>What is total cost?</h3>
Total cost is the cost generated or cost incurred for producing a product or the expenses incurred for owing a product such as car.
Total cost formula is:
Total cost=Fixed cost+ Variables cost
If a person own a car it is important to know that all the following are the total cost that will be relevant to the cost of owing a car are:
Inconclusion the statement that are NOT costs that are relevant to the "total cost to own" of a car is: f. None of the above.
Learn more about total cost here:brainly.com/question/5168855
Answer: The selling price of the bond will be less than $1,200,000
Explanation:
From the question, we are informed that a bond issue with a face amount of $1,200,000 bears interest at the rate of 9% and that the current market rate of interest is 10%.
Since the market rate is 10% which is higher than coupon rate of 9%, this means that the market price for the bond will be smaller than the bond's face value.
Therefore, the selling price of the bond will be less than $1,200,000.
