Answer:
Contribution per unit
= Selling price - Variable cost per unit
= $27 -$13
= $14
Contribution margin ratio
= Contribution per unit
selling price
= $14
$27
= 0.518518518
Break-even point in dollars
= $1,400
0.518518518
= $2,700
Explanation:
Break-even point in dollars equals fixed cost divided by contribution margin ratio. Contribution margin ratio is equal to contribution per unit divided by selling price. Contribution per unit is selling price minus variable cost per unit.
Answer:
c. Vertical integration
Explanation:
Vertical integration is a strategy in which a manufacturing entity owns or controls its channel of raw materials supply or products required, distribution chain, or retail locations to control its supply chain.
It affords the company some form of advantage by allowing them control the process, reduce costs, and improve efficiencies.
As such, where Shaw Industries, a giant carpet manufacturer, increases its control over raw materials by producing much of its own polypropylene fiber, a key input into its manufacturing process.
This is an example of Vertical integration.
Answer:
Explanation:
A debit is an entry made in an account. It either increases an asset or expense account or decreases equity, liability, or revenue accounts.
A credit is an entry alsom made in an account. It either increases equity, liability, or revenue accounts or decreases an asset or expense account.
Answer:
$3,620
Explanation:
Accounts receivable at the beginning + recorded credit sales -accounts receivable written off -ending balance accounts receivable.
Therefore:
$690+$3,200-$100-$170 =$3,620
