Answer:
The break-even point is $25,900 units
Explanation:
In this question we use the formula of break-even point in unit sales which is shown below:
= (Fixed expenses) ÷ (Contribution margin per unit)
where,
Contribution margin per unit for product A = (Selling price per unit - Variable cost per unit) ×product mix
= ($13.50 - $6.15) × 40%
= $2.94
Contribution margin per unit for product B = (Selling price per unit - Variable cost per unit) ×product mix
= ($16.75 - $6.85) × 60%
= $5.94
So, the total contribution margin would be equal to
= $2.94 + $5.94
= $8.88
And, the fixed cost is $230,000
Now put these values to the above formula
So, the value would be equal to
= $230,000 ÷ $8.88
= $25,900 units
Answer:
$92,400
Explanation:
Supplies expense for 2020 would be calculated as;
= Ending balance in supplies account on December 31, 2019 + Payment for new supplies in 2020 - Balance in supplies account at the end of year 2020
Given that ;
Ending balance in supplies account = $48,400
Payment for new supplies = $86,000
Balance in supplies account at the end of year 2020 = $42,000
Therefore,
Supplies expense for 2020
= $48,400 + $86,000 - $42,000
= $92,400
Answer:
The correct answer is letter "B":You have to earn below a certain amount to make contributions .
Explanation:
A Roth Individual Retirement Account (IRA) is the type of retirement account where contributions grow tax-free and allows individuals to withdraw funds under certain conditions. <em>People are eligible to open a Roth IRA as long as their income is less than $139,000 for singles and $206,000 for married couples- </em>information that applies for the year 2020.
This may be true or false depending on the situation.
Explanation:
If countering in the inflation, banks were giving negative values all the time to their consumers they would not survive in the game.
But this is not to say this is not a practice that has been done to the unsuspecting people who have wanted to invest money.
They are being given policies and rates that after countering inflation are actually in loss for them as they do not grow as much as the money would have devalued by then.
This is however quite rare and is a malpractice.
