Answer:
909.09
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
$20,000 / 58 - 36 = 909.09
Answer: Four pies.
Explanation:
Marginal cost is the additional cost of producing one extra unit of a good or service.
From this graph we see the marginal cost rise when the first pie is produced and then it subsequently decreases as the second and third pie is produced which is where it reaches its lowest point.
From the fourth pie, the marginal cost begins to rise again which means the marginal cost begins to increase when the producer makes four pies.
Answer:
$184,068.70
Explanation:
Given that
Annual payments = $31,000
Discount rate = 12%
Time period = 11 years
The computation of the present value is shown below:
= Annual payments × PVIFA factor for 11 years at 12%
= $31,000 × 5.9377
= $184,068.70
Simply we multiplied the annual payments with the PVIFA factor so that the present value could arrive
Refer to the PVIFA table
Answer:
Total cash collection may= $362,000
Explanation:
Giving the following information:
Wallace Publishers Inc. collects 50% of its sales on account in the month of the sale and 50% in the month following the sale.
Sales on account:
April= $380,000
May= $334,000
<u>Cash collection May:</u>
Sales on account from May= 344,000*0.5= 172,000
Sales on account from April= 380,000*0.5= 190,000
Total cash collection may= $362,000
