Answer: See explanation
Explanation:
The unit selling price of sale mix will be:
= (1200 × 60%) + (452 × 40%)
= 720 + 180.8
= 900.8
The unit variable cost of sales mix will be:
= (450 × 60%) + (242 × 40%)
= 270 + 96.8
= 366.8
The unit contribution margin of sales mix will be:
= 900.8 - 366.8
= 534
Break even sales unit will be:
= 348,168 / 534
= 652
The break-even point in units of X will be:
= 60% × 652
= 391.2
The break-even point in units of Y will be:
= 40% × 652
= 260.8
Answer:
c
Explanation:
they are things such as shoes with a brand. nikes,addidas,jordans
Answer:
a.is an estimate of the length of time the receivables have been outstanding.
Explanation:
The average collection period can be calculated as follows: 365 days in a year divided by the accounts receivable turnover ratio.
Days sales uncollected = Average Account receivable/Net sales*365
A short collection period means prompt collection and better management of receivables. A longer collection period may negatively affect the short-term debt paying ability of the business in the eyes of management.
Answer:
$1,400,000
Explanation:
According to the scenario, computation of the given data are as follows,
Increase in beginning inventory = $2,000,000
Income tax rate = 30%
So, we can calculate the effect on beginning retained earning by using following formula,
Cumulative effect = Increase beginning inventory × (1 - tax rate)
= $2,000,000 × ( 1 - 30%)
= $2,000,000 × 70%
= $1,400,000