Answer: See explanation
Explanation:
a. Prepare a CVP income statement that shows both total and per unit amounts.
CVP INCOME STATEMENT
Per unit. Total
Sales (500 units). 400. 200,000
Variable expense 280 140,000
Contribution margin. 120 60,000
Fixed expense. 48,000
Net operating Income. 12,000
b. Compute Norton's breakeven in units.
Breakeven point = 48000 / 120 = 400
c. Prepare a CVP income statement for the break-even point that shows both total and per unit amounts.
CVP income statement for the break-even point
Per unit. Total
Sales (400 units). 400. 160,000
Variable expense 280 112,000
Contribution margin. 120 48000
Fixed expense. 48,000
Net operating Income. 0
C. balance sheets
explanation:
Answer:
B. $2,000 loss
Explanation:
The amount recognized for gain/ loss on disposal of asset = purchased price - depreciation - sold price
= $32,000 - $16,000 - $18,000
= - $2,000
-> loss of $2,000
Answer:
The correct answer is option a) keeping up in a market where sales come mostly from new products.
Explanation:
Since computer gaming is an ever evolving field where the gamer are always on the look out for new games to indulge in. Computer gaming companies keep a close eye on the changing trends so they can instantly replicate them and enter the trending high sales market.
This is a market that earns through keeping up with a market where sales and earning profit is dependent on new products.
Answer: <em>Their</em><em> </em><em>assignment</em><em> </em><em>and</em><em> </em><em>important</em><em> </em><em>instructions</em>