Answer:
the selling is missing, so I looked for similar questions and found that the selling price per swimsuit and its accessory is $85.
total variable costs:
- raw materials $15
- labor costs $8
- commissions $2
- total $25
total fixed costs:
- utilities $50,000
- rent $96,000
- salaries $150,000
- taxes $30,000
- total $326,000
contribution margin per swimsuit and accessory =$85 - $25 = $60
break even point in units = $326,000 / $60 = 5,433.33 ≈ 5,434 units
break even point in $ = 5,434 x $85 = $461,890
Answer:
-$285,000
Client should not invest in the project
Explanation:
Up-front cost : $300,000
Next year's revenue : $15,000
Real interest rate : 8%
Depreciation rate : 10%
<u>Determine how much profit the project will yield </u>
Profit = Revenue - cost
= 15,000 - 300,000
= - $285,000
No the Client should not invest in the project
Answer:
Dr Allowance for bad debt $1,342
Cr Accounts receivable $1,342
Explanation:
Based on the information given there won't be NO effect of write-off on 2019 net income reason been that it has already been accounted for in the allowance for bad debt which was estimated for the year.
Therefore the Journal entry to record this transaction will be to Debit Allowance for bad debt with the amount of $1,342 and Credit Accounts receivable with the same amount which is $1,342.
Dr Allowance for bad debt $1,342
Cr Accounts receivable $1,342
Answer:
a. The market price of editorial services increases. This will cause a(n)
C. decrease in supply.
Explanation:
The event that triggers the market price of editorial services to increase will also increase the quantity of editorial services offered, and increase the cost of economics textbooks. As a result, it decreases the quantity supplied. The producers or publishers of economics textbook may not be able to pass the increased cost to consumers. They may not even have the resources to publish more books with an increased cost of editorial services. It is only the editors who offer editorial services that will benefit from the market price increase, but only in the short-run.