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Vlada [557]
3 years ago
7

Emerald Printing Company projected the following information for next year:

Business
1 answer:
elena55 [62]3 years ago
5 0

Answer:

$200,000

Explanation:

Selling price per unit = $60.00

Contribution margin per unit = $45.00

Total fixed costs = $150,000

Tax rate = 30%

Contribution margin ratio = Contribution margin ÷ Selling price

                                           = $45 ÷ $60

                                            = 0.75

Hence,

Break-even point =Total Fixed costs ÷ Contribution margin ratio

                              = 150,000 ÷ 0.75

                              = $200,000

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Answer:

Please see details below:

Explanation:

Sales  $16.540  

Salaries Expenses  -$7.740

Miscellaneous Expenses -$5.820  

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Salt Foods purchases forty $1,000, 7%, 10-year bonds issued by Pretzelmania, Inc., for $37,282 on January 1. The market interest
alexira [117]

Answer and Explanation:

The journal entries are shown below;

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b.

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Answer:

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Explanation:

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