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Sati [7]
3 years ago
15

Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,0

00 of sales revenue, $55,000 of variable costs, and $24,000 of fixed cost. The break-even point in sales dollars is: A. $320,000 B. $16,000 C. $32,000 D. $61,740
Business
1 answer:
aalyn [17]3 years ago
4 0

Answer:

The break-even point in sales dollars is: C. $32,000

Explanation:

During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed cost.

Contribution margin ratio = (Sales - Total Variable cost)/Sales = ($220,000 - $55,000)/$220,000 = 0.75

The break-even point sales dollars is calculated by using following formula:

Break-even point in sales dollars = Fixed cost/Contribution margin ratio = $24,000/0.75 = $32,000

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Although Reconstruction was not a complete success, I consider that it was still an effective way to achieve long-lasting change. The Reconstruction allowed the rebuilding of the economy by integrating the former slaves into the labor force. It also forced employers or landowners to pay their black workers. Reconstruction helped the black population of the country enjoy the rights and freedoms that they were able to achieve.

3 0
3 years ago
SmartKids, a textbook publisher, is considering investing in a software company that collects and stores data. What beta should
klemol [59]

Answer:

Thw correct answer is A. the beta for software companies that collect and store data.

Explanation:

The life cycle of software launching, in software engineering, is the set of progress states of the computer application creation project, in order to identify how much progress has been made and how much is left until the end. Each important version of a product generally goes through a stage in which the new features are added (alpha stage), then a stage where errors are actively eliminated (beta stage), and finally a stage where all the products have been removed. important errors (stable stage). The intermediate stages can also be recognized. The stages can be formally announced and regulated by product developers, but the terms are sometimes used informally to describe the status of a product. Normally many companies use common code names (for example, the Microsoft project for Cluster was called until its launch as Team Wolf) for versions before the launch of a product, even if the product and features are not secret.

4 0
3 years ago
Ms. Jorgen recently moved from Boston to Pittsburgh to take a job with OP Inc. She sold her home in Boston and OP paid the $14,5
drek231 [11]

Answer:

Ms. Jorgen will report only the Taxable gain and losses from the purchase and will not report the commission paid for by OP Inc

Explanation:

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3 years ago
On April 1, Quality Corporation, a U.S. company, expects to sell merchandise to a French customer in three months, denominating
Inessa05 [86]

Answer:

D) $16,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered

Explanation:

Options include <em>"A) $20,000 Discount Expense plus a $12,000 positive Adjustment to Net Income when the merchandise is delivered. B) $20,000 Discount Expense plus a $12,000 negative Adjustment to Net Income when the merchandise is delivered. C) $20,000 Discount Expense plus a $20,000 negative Adjustment to Net Income when the merchandise is delivered. D) $16,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered E) $20,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered."</em>

<em />

Discount expense

= ($1.41 - $1.37) * 400,000 euro

= $0.04 * 400,000 euro

= $16,000

Adjustment at Delivery

= ($1.41 - $1.36) * 400,000 euro

= $0.05 * 400,000 euro

= $20,000 (positive)

6 0
2 years ago
Which of the following is known as a partnership agreement? articles of partnership distribution of assets shared liability the
Vlad1618 [11]
The correct answer is shared liability
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3 years ago
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