Answer:
. ' .
_________________________________________
, :)
Answer:
Maybe a loss in jobs?
Explanation: Because people who work for the oil company have to stop working idk
Answer:
$63,260
Explanation:
Break-even point is the level of Activity where a firm neither makes a profit nor a loss.
Break even point (Dollars) = Fixed Costs / Contribution Margin Ratio
Contribution Margin Ratio
Is calculated as := Contribution / Sales
= (Sales less Variable Costs) / Sales
= ($43,000+$56,000-$11,980-$14,750) / $99,000
= $72,270/$99,000
= 0.73
Break even point (Dollars) = $46,180 / 0.73
= $63,260
Answer: $9,965
Explanation:
FOB Shipping point is a shipping condition that means that the buyer takes over the ownership and control of the inventory as soon as the seller ships it. Everything afterwards is therefore the responsibility of the buyer.
As the following costs come after shipping, they will be included in the acquisition cost;
= Acquisition cost + shipping insurance + transportation-in by train + used panel restoration
= 9,000 + 135 + 280 + 550
= $9,965
<em>Sales staff salaries, online advertising and lawn care are not related to the inventory. </em>
Answer:
c.Common Stock, $15,000, and Paid-In Capital in Excess of Par—Common Stock, $7,000
Explanation:
When common stocks are issued the cash is received so, it is debited because cash is an asset and assets have debit nature. On the other hand equity accounts are credited, which may include the common stock (at par) account and Add-in-capital excess of par common stock ( if the stocks are issued over par value ).
Common Stocks = 1,000 x $15 = $15,000
Paid-In Capital in Excess of par = 1,000 x ( $22 - $15 ) = $7,000
