Answer:
Sales Price Per Unit = $ 110
Explanation:
Break Even Sales Volume in Dollars =
Break Even Sales Volume in Dollars= Fixed Costs/ 1- (variable Costs/ Sales)
Break Even Sales Volume in Units = Fixed Costs/ Contribution Margin per Unit
On Rearranging the above given formula
Contribution Margin per Unit = Fixed Costs/ Break Even Sales Units
Sales Price per Unit - Variable Price Per unit =$150,000/2500
Sales Price Per Unit - $ 50= 60
Sales Price Per Unit = 60+ 50= $ 110
Answer:
Apparent Authority
Explanation:
Based on the information provided within the question it seems that the authority that Charlene has given Megan is Apparent Authority. This term refers to a subtle authority given to an individual which a reasonable third party would understand that they are an agent acting on behalf of their employer. Such an example would be an employee driving a UPS truck, any reasonable person would see the UPS truck as a sign that the individual driving has authority to act on behalf of the UPS company. The UPS truck is similar to the business card that Megan has, giving her apparent authority to act on behalf of Thrift City.
Answer:
A. $53,167
Explanation:
The computation of the depreciation expense under the straight-line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($328,000 - $9,000) ÷ (6 years)
= ($319,000) ÷ (6 years)
= $53,167
In this method, the depreciation is same for all the remaining useful life.
The estimated useful life in units is used in units of production method. Hence, it is ignored here.
Answer:
gain of $14,000
Explanation:
Data provided in the question:
Cost of the truck = $56,000
Accumulates depreciation on January 1, 2018 = $38,000
Reimbursement received from the insurance company = $32,000
Now,
the book value on January 1, 2018
= Cost of the truck - accumulated depreciation
= $56,000 - $38,000
= $18,000
since, the book value is less than the Reimbursement amount received, therefore a gain will be recognized
The amount of gain = $32,000 - $18,000
= $14,000
Answer:
Carowinds is an amusement park situated in Charlotte, North Carolina.
Explanation:
Carowinds is an amusement park sitting on a 407 acre piece of land, found adjoining Interstate 77 in Charlotte, North Carolina. In spite of the fact that it has an official North Carolina address, the recreation center is situated along the North Carolina-South Carolina state line, with a portion of the recreation center also situated in Stronghold Factory, South Carolina. The recreation center opened on the March 31, 1973, with an estimated cost of $70 million. Due to a long four-year arranging period led by businessman who was a Charlotte resident. His name is Lord Patterson and he Lobbied for the construction of the amusement park. He was motivated to design the recreation center by a 1956 visit to Disneyland and the need for bringing the two states nearer together. The amusement park is owned and run by Cedar Fair Entertainment Company. Additionally, Carowinds includes a 27 acre section water park, Carolina Harbor, which is incorporated with park admission. The recreation center boasts two events during Halloween and winter. The two events have been meticulously named; SCarowinds for the Halloween season and Winterfest for the winter season.
