Answer:
<u>an increase in the price of oranges.</u>
Explanation:
The price of oranges increased because there was an event that influenced the balance of demand and supply. The Florida freeze that devastated the orange crop was an event that affected supply, so as there was greater demand for an orange good, and lower supply for orange, there was an imbalance in the supply and demand curve that caused an increase in supply. price because demand is greater than supply.
If,at the end of the fiscal year, the conflicts from the standard are significant the disagreements should be transferred to the work in process account.
<h3>Variance In Fiscal Year</h3>
The fiscal year variant includes the number of assigning periods in the fiscal year and the number of unique periods. One can wait year in the Controlling component (CO).
<h3>Work In Process Account </h3>
Work in progress analysis involves following the amount of WIP in commodities at the end of an accounting span and allocating a cost to it for inventory valuation objectives, based on the percentage of consummation of the WIP items.
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"Gross pay"
Gross pay is <em>before </em>taxes and withholdings, net pay (aka take-home pay) is what is left over <em>after </em>taxes/etc are taken out.
Answer:
c
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
If the sales of a company exceeds the breakeven quantity, the firms is earning a profit.
If the company's sales is less than the Breakeven quantity , the firm is making losses that would not be recouped
Breakeven quantity = fixed cost / price – variable cost per unit
150,000 / (5 -3) = 75000
Answer:
fixed Cost 39,000
Explanation:
<u>The break even point is the level of sales at which net income equal to zero.</u>
This means the company operates and pays their fixed and variable cost
<u>The formula for break even point in units is:</u>
<u>Where:</u>
Contribution per unit = Selling price - variable cost
<em>15 per unit = 28 - 13 </em>
<em />
We are given the BEP and we need to solve for Fixed cost
Fixed Cost = 22,600 x 15 = 39,000
The depreciation expense is irrelevant for the case, we can solve for the total fixed cost directly by using the BEP
