Answer:
The correct answer is $550,000.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the breakeven points in sales dollars by using following formula:
Breakeven points in sales dollar = Total Fixed Costs ÷ Weighted Average Contribution Margin Ratio
Where, Weighted Average Contribution Margin Ratio = [15% × 0.80] + [30% × 0.20] = 0.18
By putting the value, we get
Breakeven points in sales dollar = $99000 ÷ 0.18
= $550,000
The most useful way of standardizing financial statements is to choose a _<u>base year</u>,_ and then express each item in the period under review relative to the _amounts____ in the base year.
<h3>What are comparative financial statements?</h3>
Comparative financial statements compare a particular financial statement with previous statements. Previous financial statements are presented in side-by-side columns with the latest figures. With this, investors are able to track a company's progress over some periods and compare the company's financial results and performance with its industry competitors.
Thus, financial statements can be compared using financial ratios, which express the relationships between the various items within a financial statement, or using a base year.
Learn more about comparative financial statements and financial ratios here: brainly.com/question/9091091
Answer:
The correct answer is letter "A": managerial accounting information.
Explanation:
Managerial accounting is internal accounting that allows managers to assess the impacts of their choices. This contrasts with financial accounting which underlines the company's more general, higher-level financial results. There are many managerial accounting techniques such as product costing, cash flow analysis, inventory, and raw material turnover analysis.
So, <em>if Miguel wants to schedule his department's employees in production for next week he can use managerial accounting information for that purpose.</em>
The congressional oversight means that the Congress, that is the legislative branch of the government has the right to check on the work of the executive branch, mostly the president. It is actually not implemented very often, ans is considered a last resort method, for example when the president is impeached (the last impeachment was of Bill Clinton)
