Answer:
4
Explanation:
Note: The complete question is attached as picture below
Degree of Operating Leverage = Contribution/Operating Income
Degree of Operating Leverage = $48000 / $12000
Degree of Operating Leverage = 4
So. X Company's degree of operating leverage (DOL) at the current sales volume level is calculated to be 4
Answer:
B. Target market customers are essential factors for selecting business locations.
Buyers of milk, recognizing that the price ceiling is good for them, have pressured policymakers into imposing the price ceiling.
Answer:
Job Cost Sheets:
In a job order costing system, the costs of producing each job are accumulated on a separate job cost sheet.
Explanation:
A job cost sheet is used in a job order costing system to record all manufacturing costs related to each job. The costs that are recorded in the job cost sheet include direct material, direct labor, and manufacturing overhead costs. Since these job costs are traceable to their respective jobs, the actual direct material and labor costs are used.
Answer:
5500
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero.
Breakeven is the ratio of fixed cost to profit per unit of output sold.
Breakeven quantity = fixed cost / price – variable cost per unit
= fixed price / contribution margin per unit
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
Variable costs are costs that vary with production
If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.
$330,000 / $60 = 5500
