In economics, market saturation is a situation in which a product has become diffused (distributed) within a market;the actual level of saturation can depend on consumer purchasing power; as well as competition, prices, and technology.
Answer:
Fixed costs= $300,000
Explanation:
Giving the following information:
Selling price per unit= $20
Variable expenses= $14
Break-even point in units= 50,000
<u>To calculate the fixed costs, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
50,000= fixed costs / (20 - 14)
50,000*6= fixed costs
Fixed costs= $300,000
Answer:
FIFO 90,000
W/A 108,000
Explanation:
There are two method for process costying FIFO and Weighted Average (WA) as there is no indication we will do both:
The difference is that FIFO discriminate bwetween started and completed units and completed units. therefore, the complete beginning inventory is subtracted.
As the materials are added at the beginning of the period then both, beginning and ending are at 100%
completed units 81,000
ending WIP 27,000
beginning WIP <u> (18,000) </u>
equivalent units FIFO 90,000
complete units 81,000
ending WIP <u> 27,000 </u>
equivalent untis Weighted average 108,000
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Answer:
the no of days for personal use and rental use is 44 days and 58 days respectively
Explanation:
The computation of the no of days for personal use and rental use is as follows:
For personal use
= 22 + 10 + 8 + 4
= 44 days
And, for rental use it is equivalent to the given rented days i.e. 58 days
hence, the no of days for personal use and rental use is 44 days and 58 days respectively
