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adelina 88 [10]
3 years ago
13

The Muffin House produces and sells a variety of muffins. The selling price per dozen is $ 18​, variable costs are $ 5 per​ doze

n, and total fixed costs are $ 5 comma 200. What are breakeven sales in​ dollars?
Business
1 answer:
Vlad1618 [11]3 years ago
6 0

Answer:

$7,222

Explanation:

Given that,

Selling price per dozen = $18​

Variable costs = $5 per​ dozen

Total fixed costs = $ 5,200

Contribution margin per dozen:

= Selling price per dozen - Variable costs per dozen

= $18​ - $5

= $13

Contribution margin ratio:

= (Contribution margin ÷ Selling price per dozen) × 100

= ($13 ÷ $18) × 100

= 0.72 × 100

= 72%

Break-even sales in​ dollars:

= Total fixed costs ÷ Contribution margin ratio

= $5,200 ÷ 0.72

= $7,222

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Answer:

Account titles and explanation       Debit                 Credit

bad debt expense                           $16,800  

allowance for d doubtful account                                $16,800

Explanation:

Aging of accounts =5% of accounts receivable

Which is 360,000 x 5% = 18,000 expected allowance

current balance before adjustment  =1,200 credit

Adjustment = 18,000 - 1,200 = 16,800

Adjusting entry BY Tanning Company

Account titles and explanation       Debit                 Credit

bad debt expense                           $16,800  

allowance for d doubtful account                                $16,800

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In the context of skills of successful managers, making sacrifices to encourage and promote desired outcomes in an organization
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Explanation:

Monitoring operations requires management oversight, employee feedback and customer reviews. It can help provide specific directions for employees, which can lead to improved time management and increased productivity.

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3 years ago
Do/your/assignment/did/you?​
katrin2010 [14]

Answer:

Did you do your assignment?

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Imagine that in 2019 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some ti
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In the short-run, the effect on the price level and the real GDP is <em>a. Both the </em><em>price level </em><em>and </em><em>real GDP </em><em>rise.</em>

Since the economy is in long-run equilibrium in 2019, and the stock prices unexpectedly rise and stay high for a long time, it means that the price level does not:

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b. the price level rises and real GDP falls.

c. the price level falls and real GDP rises.

d. both the price level and real GDP fall.

Thus, in the short-term of this economy both the price level and real GDP rise.

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Answer:

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