Answer:
Part 1
9,000 units
Part 2
$1,575,000
Explanation:
Break even point is the level of activity where a company makes neither a profit nor a loss.
<em>Break-even point in units = Fixed Cost ÷ Contribution per unit</em>
= $315,000 ÷ ($175 - $140)
= 9,000 units
<em>Break-even point in sales dollars = Fixed Costs ÷ Contribution margin</em>
= $315,000 ÷ ($35/$175)
= $1,575,000
Answer: $17.25 trillion
Explanation:
The dollar value of the economic activity taking place at every stage of production and distribution will simply be the gross value and thus has been given in the question as $17.25 trillion.
It is the value of production activities for a particular economy at every production stage.
Answer:
The answers are:
B) Transfer the remaining funds to the debt service fund which will be handling the long-term debt incurred for the construction of the building.
C) Return the excess to the source of the restricted funding.
Explanation:
The fund balance of $12,000, means that the money left over was $12,000. When a government entity's project has a left over or excess, called surplus, it must first return it to the debt service fund.
At the end of the construction project if any money is left over, it must be returned to the source of the restricted funding.
