<h3>Hello there!</h3>
Your question asks how many muffins the Muffin House needs to sell in order to breakeven
<h3>Answer: 700 Muffins</h3>
In order to find the answer to your question, we first need to gather important information from the question.
Important Information:
- Selling price/ per muffin = $15
- Variable costs (cost to make)/ per muffin = $9
- Total fixed cost = $4,200
With the information above, we can find the answer to the question.
The Muffin House spends $9 to make a muffin, but sells it for $15. So the Margin is $6 (profit).
We would only make profit from the Margin price, so we need to get the Margin price to $4,200.This means we would need to divide 4200 by 6 to get our answer. Since they want to breakeven with the fixed cost, they need to sell as much muffins for the Margin to add up to $4,200 at the end to breakeven.
When you're done solving, you should get 700.
This means that The Muffin House must sell 700 muffins in order to break even.
<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
Answer:
Total manufacturing cost of job 302 : $
Direct material cost 15,100
Direct labour cost(190hrs x $38) 7,220
Manufacturing overhead(190hrs x $19) 3,610
Total manufacturing cost 25,930
Overhead absorption rate = Budgeted overhead/Budgeted activity level
= $784,700/41,300 hrs
= $19
Explanation:
In this scenario, we need to add the direct material cost, direct labour cost and manufacturing overhead in order to obtain the total manufacturing cost. Overhead absorption rate is calculated from the company's budget provided in the question. Overhead is absorbed on direct labour hours. The direct labour hourly rate of $38 was provided in the question
Answer:
Auditor
Explanation:
If an interviewer has suspicions of fraud, the interviewer may call on a fraud AUDITOR to assess the situation.
This is because a FRAUD AUDITOR is a type of auditor who based on his experience and background, works as a professional in the gathering of verifiable evidence in terms of fraud and eventually serves as an expert witness during the legal proceeding of such cases.
The answer is true hope this helps you
