Answer: A. $365,896
Explanation:
The Contribution margin per unit is the Sales less the variable costs.
At the breakeven point, contribution margin should equal fixed assets.
Contribution margin
= 13.10 * 18,311
= $239,874.10
Contribution Margin - Fixed Assets
= 239,874.10 - 148,400
= $91,474.10
As there should be no profits, the $91,474.10 will be a cost as well which in this case is the depreciation per year.
As the fixed assets are depreciated over 4 years, the accumulated depreciation will be the costs;
= 91,474.10 * 4
= $365,896.40
=$365,896
Answer:
Congress
Explanation:
Congress direct(s) that naval aviation shall be an integral part of the naval Service and grant(s) it authority to develop aircraft, weapons, tactics, technique, organization, and equipment of naval combat and service elements.
This is an example of VOLUNTARY EXPORT RESTRAINT.
Voluntary export restraint is a self impose limitation on the amount of export that a country is permitted to export to another country. The country receiving the exported products usually request that the exporting country reduce the number of products they send to their country. This request is usually made so that the receiving country can also develop its domestic industries that are producing that particular product. <span />
Answer: Assets, net income, and equity overstated.
Explanation: Depreciation can be defined as the decline in value of assets.
A mistake to record depreciation which is the decline in value in asset will significantly affect the account records. If the asset in a financial record is overstated, the net income and equity are also overstated because the asset is used in calculation of net income and equity.