The cost principle relates most closely to the _____

Every motor vehicle registered in a foreign jurisdiction and every motorcycle registered in this state must be equipped with a m

Snezhnost [94]

Every motor vehicle registered in a foreign jurisdiction and every motorcycle registered in this state must be equipped with a mirror located so that the driver is able to view the roadway 200 feet to the rear of the vehicle.

4 0

3 years ago

A company’s marketing executives should assess the __________ in terms of a general analysis of a business problem or opportunit

alex41 [277]

Answer:

a is your answer

Explanation:

4 0

3 years ago

On May 1 of the current year, La Presa Company sells some equipment for $25,000. The original cost was $50,000, the estimated sa

snow_tiger [21]

Answer:

The loss on sale is $ 4,000.

Explanation:

Loss or gain on an Asset can be determined by this formula:

Loss or gain = Disposal/Consideration price - Book Value of Asset.

Determining book value.

Book Value of Asset = Acquisition cost - Accumulated depreciation.

Acquisition cost is 50,000.

Annual depreciation expense = Depreciation base/Number of years.

(50,000 - 5,000) /5= 9,000

Accumulated depreciation is 18,000 + (9000 × 4/12) = 21,000.

Therefore book value of asset = 50,000 - 21,000.

Book Value of Asset = 29,000.

Disposal/Consideration price = 25,000

Determining loss or gain on asset disposal.

Loss or gain = Disposal/Consideration price - Book Value of Asset.

Loss or gain = 29,000 - 32,000.

Loss on sale was = 4,000.

8 0

4 years ago

Logitech is a computer peripherals company that was founded in Switzerland in 1981. From the outset, the founders realized they

anastassius [24]

Answer:

For instance, its UE Boom portable was built in its own factories in China. Logitech uses a combination of CONTRACT MANUFACTURING and DIRECT OWNERSHIP when manufacturing products.

Explanation:

Contract manufacturing basically refers to outsourcing production to another company, it is basically what Apple does with Foxconn in China. Foxconn produces iPhones for Apple, but it cannot sell them as their own products.

Direct ownership refers to companies that actually own the factories that produce their products, e.g. Honda cars are made in the US in Honda factories.

8 0

4 years ago

EA5.

julia-pushkina [17]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

selling price= $75

variable costs per unit of $30

The monthly fixed expenses are $22,500.

a) Break-even point= fixed costs/ contribution margin

Break-even point= 22,500/(75 - 30)= 500 units

b) Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 22,500/(45/75)= $37,500

c) Contribution margin income statement:

Sales= 75*900= 67,500

Variable cost= 900*30= (27,000)

Contribution margin= 40,500

Fixed costs= (22,500)

Net operating income= 18,000

d) Profit= 45,000

Break-even point= (fixed costs + target profit)/ contribution margin

Break-even point= 67,500/45= 1,500 units

e) Break-even point (dollars)= (fixed costs + target profit)/ contribution margin ratio

Break-even point (dollars)= 67,500/(45/75)= $112,500

f) Contribution margin income statement:

Sales= 150,000

Variable costs= (2,000*30)= (60,000)

Contribution margin= 90,000

Fixed costs= (22,500)

Net operating income= 67,500

7 0

3 years ago

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The cost principle relates most closely to the ______.