Answer:
Carter Co.'s break-even point in units was 40000 units.
Explanation:
Total units sold = 14000 + 56000
= 70000
Weight of ark = 14000/70000
= 0.20
weight of bins = 1 -0.20
= 0.80
weighted average contribution = (40 *0.20 ) + (20 *0.80 )
= 8+ 16
= $ 24 per unit
Break Even Point (Units) = Fixed cost /weighted average contribution
= 960,000 / 24
= 40000 units
Therefore, Carter Co.'s break-even point in units was 40000 units.
Answer:
Explanation:
The adjusting entry is shown below:
Wages Expense A/c Dr $6,300
To Wages payable A/c $6,300
(Being the wages are adjusted)
The computation is shown below:
= Five days salaries ÷ number of days in a week × given days
= $10,500 ÷ 5 days × 3 days
= $6,300
So, the wages expense is debited for $6,300 and wages payable is credited for $6,300
Answer:
A) The GAAP statement is based on cost function rather than cost behavior.
Explanation:
Income statements that follow GAAP rules categorizes expenses based on their business function: product, selling or administrative.
While cost behavior categorizes costs based on how they influence a company's activities: variable, fixed and mixed. When a manager wants to measure the impact of any decision he/she makes, they need to use this type of categorization. For example, if fixed costs increase, what is the new break even point? If variable costs decrease, how is the marginal cost affected?
<span>Cluster Development. It is the economic development of business clusters. The cluster concept has rapidly attracted attention from governments, consultants, and academics since it was first proposed in 1990 by Michael Porter.</span>
Answer:
you gave no options but according to me
Explanation:
When the demand for a product increases, businesses increase the price while decreasing the supply/quantity.
