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Andrew [12]
3 years ago
5

Reynold's Company has a product with fixed costs of $309,000, a unit selling price of $24, and unit variable costs of $21. The b

reak-even sales (units) if the variable costs are decreased by $3 is
Business
1 answer:
Serhud [2]3 years ago
3 0

Answer:

The answer is 51,500 units

Explanation:

Break-even sales is a point in which a business or a firm neither make profit nor loss. Total Revenue equals total cost. Break-even sales help to know the point at which business starts to make profit.

Break-even sales is:

Fixed cost/contribution margin.

Where contribution margin is sales price per unit minus variable cost per unit.

In the question, variable cost are decreased by $3.

So the new variable cost is $21 - $3

=$18.

Contribution margin is $24 -$18

$6

Therefore, The break-even sales (units) if the variable costs are decreased by $3 is:

$309,000/$6

=51,500 units

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Describe at least two non-discretionary expenses that you expect to have at some point in your life.
ad-work [718]

Answer:

Non-Discretionary Expenses means payments made to third parties on account of: (a) mandatory payments of monthly debt service (but not payment of principal or interest at or after maturity) required under Loan Documents evidencing debt of the Venture or any Subsidiaries; (b) Emergency Expenses; (c) other non-

Explanation:

3 0
3 years ago
In which of the following situations would each of the members be responsible for producing an equal share of the total amount o
Natasha_Volkova [10]

Answer:

In which of the following situations would each of the members be responsible for producing an equal share of the total amount of output sold by the cartel engaged in joint profit maximization?

When marginal costs of production are the same for each of the members of the cartel.

Explanation:

D

8 0
2 years ago
The useful life of a new plant asset _____. is the same as the asset's total productive life. might not exceed one year. might b
gulaghasi [49]

Answer:

The correct answer is letter "C": might be estimated based on the experience of others or on engineering studies and judgment if the company does not have past experience with a similar asset.

Explanation:

A company's assets represent the<em> cash, patents, accounts receivable, equipment, plants, </em>and <em>land</em>, among others, useful for the firm to generate profit. When it comes to plant assets, they are considered fixed assets for cost accounting purposes and are nothing but the <em>land, buildings and machinery</em> useful for manufacturing.

<em>Calculating the useful life of a plant asset can be complicated and may require engineering studies. However, if the expertise of an employee is good enough to determine it the firm must take advantage of this strength but if there is nobody with this capability the institution should look for someone who does moreover when it does not have experience computing the useful life of such assets.</em>

8 0
2 years ago
Which of the following is not an advantage of owning mutual funds? A. All of the options are advantages of mutual funds. B. They
weeeeeb [17]

(C) They treat income as 'passed through' to the investor for tax purposes.

<h3>What are mutual funds?</h3>
  • A mutual fund is an investment vehicle that is professionally managed and collects money from a number of investors to buy securities.
  • The phrase is frequently used in the US, Canada, and India, while open-ended investment companies in the UK and SICAVs in Europe are comparable global structures.
  • Mutual fund distributions, whether made in the form of cash payments or reinvested in additional shares, must be taxed if shares are held in a taxable account.
  • Following the end of each calendar year, the funds submit IRS Form 1099-DIV detailing distributions made to shareholders.
<h3>Who are investors?</h3>
  • A person who invests money does so in the hope of earning a profit or gaining an advantage in the future.
  • The majority of the time, the investor purchases some kind of property using these assigned funds.
<h3>What is tax?</h3>
  • Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.
  • A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national).
  • Around 3000–2800 BC, the first recorded taxation was enacted in ancient Egypt.

Therefore, "(C) They treat income as 'passed through' to the investor for tax purposes" is not the advantage of owning mutual funds.

Know more about mutual funds here:

brainly.com/question/4340765

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4 0
1 year ago
Consider the following for Guardian Manufacturing Company: Change in finished goods inventory $ 315 increase Change in work-in-p
vesna_86 [32]

Answer:

B) $ 485 $ 170

Explanation

The cost of goods manufactured includes all the manufacturing costs in a given period adjusting for changes in work in process balances. The total manufacturing costs are $ 630 but this results in  an increase in work in process inventory by $ 145, so in other words, part of the total manufacturing costs have gone towards increasing the work in process balance.

So the cost of goods manufactured is $ 630 - $ 145 = $  485.

The cost of goods sold is the cost of goods manufactured above adjusted for changes in finished goods.

so the cost of goods sold is $ 485 - $ 315 ( change in finished goods inventory) = $ 170.  

8 0
2 years ago
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