Set up an equation
[$250 + $401.50 + (Sept expenses)] /3 =$400
solve for x
[651.50 + x] /3= 400
[651.50 + x] /3*3= 400*3
651.50 + x = 1200
-651.50 -651.50
————————————
x = 548.50
So your answer is D.
Answer:
$1,875,000
Explanation:
Break even point in sales = Fixed cost / Contribution margin ratio
When Contribution margin ratio = 100% - Variable cost ratio
Contribution margin ratio = 100% - 60%
Contribution margin ratio = 40%
Break even point in sales = $750,000 / 40%
= $1,875,000
Answer:
Press Kits
Explanation:
Based on the information provided within the question these folders are called Press Kits, or in a business context known as Media Kits. Like mentioned in the question these provide the journalists or media outlets all the information that they may need to know on the product, service, or company, in order for them to discuss this or promote the material that is within the brochures.
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Answer: (A) Change in an accounting principle
Explanation:
According to the given question, the finer food Inc., is one of the company which using the average cost technique for measuring the inventory process.
So, the change made in the company is reported in the form of financial statement as change in an accounting principle of flow of the physical products.
The accounting change is the term which is used for reporting an entity and the estimating and evaluation the various types of asserts and liabilities in an organization.
Therefore, Option (A) is correct answer.