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elena-s [515]
3 years ago
8

The price per unit is $120 for JMO Manufacturing Company, its variable cost per unit is $80, and its fixed costs are $4,000. Wha

t is the breakeven point in units using the contribution margin method? A. 40 B. 80 C. 100 D. 60
Business
1 answer:
horrorfan [7]3 years ago
6 0

Answer:

100

Explanation:

So you will need to find the point where revenue equals costs

our revenue equation is 120x

Our cost equation is 80x+4000

80x+4000=120x

4000=40x

100 = x

Breakeven is at 100 units.

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Jerrod's typical attire is that of baggy jeans decorated with chains, t-shirts with sometimes inappropriate phrases on them, and
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Assume that X-Men has an unadjusted Accounts Receivable balance of $10,000 and Allowance for Sales Discounts balance of $0. $1,0
lisov135 [29]

Answer:

For X-Men, the Sales Discount should be recorded at the estimated discount amount that will be taken by the X-Men's customers, which is calculated as: $1,000 * 2% = $20.

The adjusting for sales discount X-Men should be recorded as followed:

Dr Sales Discount                                    20

Cr Allowance for Sales Discount           20

( to record the estimated sales discount taken)

in which, Sales Discount is a contra-revenue account which helps to record the Net Sales amount from the Gross Sales amount.

Explanation:

6 0
4 years ago
Resorts Corp. common stock is selling for $36.75 a share and has a dividend yield of 2.3 percent. What is the dividend amount?
7nadin3 [17]

Answer:

Annual Dividend Amount is approximately $0.85

Explanation:

Dividend yield = Annual Dividend Amount / Current selling price

∴ Dividend yield * Current selling price = Annual Dividend Amount

Annual Dividend Amount = $36.75 * 2.3%

                                          =$36.75 * 0.023

                                          =$0.84525‬

Annual Dividend Amount = $0.85 (approximately)

8 0
3 years ago
Read 2 more answers
Sunburn Sunscreen has a zero coupon bond issue outstanding with a $11,000 face value that matures in one year. The current marke
7nadin3 [17]

Answer:

1. a) EQUITY = $ 5,036.68

b) DEBT = $ 10,263.32

2. a) EQUITY = $ 4,852.29

b) DEBT = $ 12,247.79

3. PROJECT A

4. Yes

Explanation:

Current market value of the firm’s assets = $13,800

Total Value of Firm = $13800 a-1 NPV of Project A = $1,500 Total Value of Firm if selects Project A = Current Value + NPV of the new Project = $13800 + $1500 = $15,300 Value of debt = $12000 Value of Equity= Value of Firm -Value of Debt = $15300 - $12000 = $3300 a-2 NPV of Project B = $2300 Total Value of firm if selects project B = Current Value + NPV of the new Project = $13800 + $2300 = $16100 Value of Debt = $12000 Value of Equity = Value of Firm -Value of Debt = $16100 - $12000 = $4,100

Therefore,

1. a) EQUITY = $ 5,036.68

b) DEBT = $ 10,263.32

2. a) EQUITY = $ 4,852.29

b) DEBT = $ 12,247.79

3. PROJECT A

4. Yes

8 0
4 years ago
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