Answer:
Explanation:
Variable cost = 20,841*70%+9,765*30% = 17,518.20
Fixed cost = 20,841+9,765+2,239 -17,518.20 = 15,326.8
Contribution margin per unit = (Revenue - Variable cost)/subscribers =(35,345-17,518.20)/32.5 = 548.5
a) Break even unit = Fixed cost/Contribution margin = 15,326.8/548.5 = 27.9 Million
b) Revenue per account = (Total variable cost+Total fixed cost)/subscribers = (17,518.20+15,326.8)/32.5 = $1010.61
Answer:
23.08%
Explanation:
Future value =Present value*(1+r)^n
$4,000 = $3,250*(1+R)^1
$4,000 = $3,250*(1+R)
1+R = $4,000/$3,250
1+R = 1.230769
R = 1.230769 - 1
R = 0.230769
R = 23.08%
$175 is Amy's tax basis in the stock received in the exchange
Solution:
The principle of taxes of the owner is equal in the exchanged land,
when the company assumes responsibility.
If Amy is to sell the stock at $630,
the loss is (630-455) $175,
equivalent to $175, which is the amount of a late loss.
Answer:
D. Step cost
Explanation:
Riddell Company manufactures one type of basketball. Each basketball is sold for $55 and the individual contribution margin is $27. Total fixed costs are $185,000 annually. Included in fixed costs are two production supervisor’s salaries of $96,000. Management estimates that production supervisors can effectively oversee the production of 6,000 basketballs. After that, an additional production supervisor needs to be hired.
Production supervisor’s salaries are a step cost which are expenses that are constant for a given level of activity and does not change steadily with changes in activity volume, but rather at discrete points.
Answer:
met with an existing client to discuss possible extension of a sales contract
Explanation:
The event above would not be recorded in pinnacle's accounting records due to the fact that it was just a conversation and not registered or recorded somehow.