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mr Goodwill [35]
3 years ago
6

LO 3.3When variable costs increase and all other variables remain unchanged, the break-even point will ________.

Business
1 answer:
Anika [276]3 years ago
6 0

Answer:

increase

Explanation:

Break-even calculation is use to determine the minimum number of units a company needs to sell in order to cover the fixed costs. The formula for break-even point is as follows;

Break- even = Fixed cost/ (Selling price - Variable cost)

If you increase variable cost (VC) while keeping the selling price and fixed cost constant, the denominator amount will be smaller making the break- even point to increase.

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It would be positive but might be either decreasing or increasing

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Marginal utility (MU), is the one which is defined as the satisfaction received from consuming an extra or additional unit or quantity of the specific good or service.

So, when the aggregate utility is increasing, then the marginal utility would be positive but might be either decreasing or increasing.

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The eu became an economic union when the ____ went into effect in 1993.
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The annual percentage rate on a credit card determines
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6 0
3 years ago
Bodin Company manufactures finger splints for kids who get tendonitis from playing video games. The firm had the following inven
Ilia_Sergeevich [38]

Answer:

Raw Material $191,000

Direct labor $300,000

Actual manufacturing overhead $170,000

Actual selling and administrative expenses $115,000

The company applies manufacturing overhead at the rate of 60 percent of direct-labor cost.

1.

Prime Cost = Direct Material + Direct Labor

Prime Cost = $191,000 + $300,000 = 491,000

2.

Cost of goods manufactured                                    $

Direct material                                                      $191,000

Add: Direct Labor                                                $300,000

Add: Manufacturing overhead                           <u>$170,000</u>

Manufacturing cost                                             <u>$661,000</u>

3.

Manufacturing cost                                             $661,000

Add: Work in process inventory at January 1    $235,000  

Less: Work in process inventory at January 31 <u>$251,000</u>

Cost of Goods Manufactured                             <u>$645,000</u>

4.

Cost of Goods Manufactured                             $645,000

Add: Finished Good inventory at January 1      $125,000  

Less: Finished Good inventory at January 31   <u>$117,000</u>

Cost of Goods Sold                                            <u>$653,000</u>

5.

Manufacturing overhead Account Balance

Actual overhead                = $175,000

Manufacturing overhead   = $180,000  (300,000 x 60% )

Over applied manufacturing overhead = $180,000 - $175,000

Over applied manufacturing overhead = $5,000

* Data was missing for the calculations, complete question is attached with this answer, Please find that.

3 0
3 years ago
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