Answer:
$810,000
Explanation:
The computation is shown below:
The increase in fixed cost is
= Salary of each sales representative × number of sales representatives hired
= $45,000 × 18
= $810,000
Now the increase in sales needed for break even is
= Increase in fixed cost ÷ Contribution margin ratio
= $810,000 ÷ 30%
= $2,700,000
As we know that break even sales is computed by dividing the fixed cost by the contribution margin ratio and we applied the same
Answer:
B) liabilities.
Explanation:
When the payment is received from the customer before performing the services is known as unearned service revenue
The journal entry is
Cash A/c Dr XXXXX
To Unearned Service revenue A/c XXXXX
(Being advance payment is received)
We simply debited the cash account as cash is received and credited the respective account i.e unearned service revenue
I would say if thats what you want to do go for it because the people that love you should want nothing more than for you to be happy.
Complete Question
A waiting line problem has an average of 250 arrivals per eight hour day. Suppose there are several servers, and each has an average service time of 8 minutes. (Assume Poisson arrivals and exponential service times.)
What is the average service rate of a server per hour?
Answer:
7½ arrivals per hour
Explanation:
Given
Arrivals = 250 arrivals per 8 hour day
Service Time of Servers = 8 minutes
The service time of Servers is given as 8 minutes.
This means that; on average, a server will attend to 1 arrival in every 8 minutes.
Calculating this per hour;
Average service rate of a server per hour = Service Rate * 1 hour per hour
Average service rate of a server per hour = 1 arrival per 8 minutes * 1 hour per hour
(1 hour = 60 minutes);
So, we have.
Average service rate of a server per hour = 1/8minutes * 60minutes/hour
= ⅛ * 60 arrivals/hour
= 60/8 arrivals/hour
= 7½ arrivals per hour