Answer:
e. 391,667 units
Explanation:
The computation of break-even point is shown below:-
For computing the break-even point first we need to find out the contribution per unit which is shown below:-
Contribution per unit = Selling price - Variable cost
= $4.00 - $2.8
= $1.2
So, The break-even point = Break even point= Fixed costs ÷ Contribution per unit
= $470,000 ÷ $1.2
= 391,666.66
= 391,667 units
Answer:
B. Free trade limits the influence of special-interest groups
Explanation:
this statement has never been in any definition and paper related "Free trade".
Furthermore, the influence of special-interest groups still exists in free trade economy
Answer: the minimum of the range
Explanation:
From the question, we are informed that Denver Corporation has a probable loss that can only be reasonably estimated within a range of outcomes and that no single amount that is within the range is a better estimate than any other amount.
Based on the information that has been given in the question,the loss accrual should be the minimum of the range.
Answer:
Option d (110,670) is the right option.
Explanation:
The given values are:
Selling price,
= $102 per unit
Fixed manufacturing overhead,
= $51,100
Fixed selling and administrative expense,
= $3,100
Now,
Sales will be:
=
= ($)
Variable expenses:
Direct material will be:
=
= ($)
Direct labor will be:
=
= ($)
So,
Variable manufacturing overhead will be:
=
= ($)
Its selling as well as administrative will be:
=
=
Hence,
The contribute margin will be:
=
=
= ($)
<h3><u>Answer;</u></h3>
An artist who runs a business that paints murals in office buildings and restaurants
<h3><u>Explanation;</u></h3>
- <em><u>An entrepreneur is an individual who organizes or operates a business or a business venture by identifying an opportunity in the market. The entrepreneur starts a business by risking his/her own money for the business venture.</u></em>
- We can say that an entrepreneur combines the factors of productions, that is land, labor, and capital to produce products.
He or she has the capacity and willingness to develop, organize and manage a business venture along with any of its risks for the purpose of making profit.