Answer:
$73 = unitary variable cost
Explanation:
<u>To calculate the unitary variable cost that will yield the break-even point, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
50,000= 100,000 / (75 - unitary variable cost)
3,750,000 - 50,000unitary variable cost= 100,000
3,650,000 = 50,000unitary variable cost
$73 = unitary variable cost
Hey according to me c 27 is the answer...
Answer:
Jason's accountant should consider a single plantwide rate to correct the problem.
Explanation:
If a company manufactures products that consume factory overhead costs in different ways, a single plantwide rate may not accurately allocate factory overhead costs to the products and cause cost distortions. Cost distortions can cause companies to lose sales and make incorrect decisions on expanding production.
Answer:
Date Explanation Debit Credit
January 1 Petty Cash $200
Cash $200
Explanation:
Step 1: Journal Entries to Establish the Fund on January 1
Date Explanation Debit Credit
January 1 Petty Cash $200
Cash $200
Being the establishment of petty cash fund
Step 2: Preparing Journal Entries to reimburse funds on January 8
Date Explanation Debit Credit
January 8 Postage $74
Transportation $29
Delivery $16
Miscellaneous $43
Cash $162
Being the reimbursement of Petty Cash Fund.
Petty Cash is usually a fund established by an organisation to take care of day to day expenses. At the end of a period or at the exhaustion of the fund, an account is given and then the amount spent is reimbursed.
