The adjusted trial balance for Wildhorse Co. is given below:

Golebiewski Corporation has provided the following contribution format income statement. Assume that the following information i

Andrews [41]

Answer:

Margin of safety= $9,000

Explanation:

<u>First, we need to calculate the selling price and unitary variable cost:</u>

Selling price= 150,000 / 5,000= $30

Unitary varaible cost= 112,500 / 5,000= $22.5

<u>Now, we need to determine the break-even point in dollars:</u>

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 35,250 / [(30 - 22.5) / 30]

Break-even point (dollars)= 35,250 / 0.25

Break-even point (dollars)= $141,000

<u>Finally, the margin of safety in dollars:</u>

Margin of safety= (current sales level - break-even point)

Margin of safety= 150,000 - 141,000

Margin of safety= $9,000

8 0

3 years ago

Bob white was assigned to a senior employee responsible for instructing new computer programmers. because of this senior employe

trasher [3.6K]

The answer would be: On-the-job training
On-the-job training refers to a type of training that is aimed to make a trainee experience his soon-to-be job heads on.
This type of training will make the trainee has a big picture about his/her role and adjust his/her attitude accordingly.

6 0

4 years ago

Read 2 more answers

Under a contract for the sale of land, the statute of frauds a. does not apply if the purchase price for the land is less than $

Iteru [2.4K]

C) Requires the defendant to sign the agreement.

<h3>The Statute of Frauds: What Is It?</h3>

A legal principle known as the statute of frauds mandates that certain types of contracts be performed in writing. The law covers agreements involving the sale of real estate, transactions involving items valued at more than $500, and agreements lasting a year or longer.

<h3>What criteria does the Statute of Frauds have?</h3>

Three conditions must be met in order to satisfy the Statute of Frauds.

It must first specify what the contract's subject matter is.
It must also state the existence of a contract between the parties.
The particular conditions of the contract must also be stated with a reasonable degree of precision.

<h3>What kind of agreement may not be accepted under the Statute of Frauds?</h3>

Several different sorts of contracts may not be upheld by the Statute of Frauds.

A contract with a completion date of less than a year serves as an illustration.
A contract would not be taken into account for the statute if someone promised to deliver a goods to someone's house within six months but never showed up.

learn more about Statute of Frauds here

<u>brainly.com/question/14854791</u>

#SPJ4

6 0

2 years ago

The parts can be purchased from an outside supplier for only $28 each. The space in which the parts are now produced would be id

noname [10]

Answer:

d) $56,000 decrease

Explanation:

In the case when parts are produced by sharp corporation

Given that

Total cost per unit = $36

Total cost = Total cost per unit × parts

= $36 × 8,000

= $288,000

Now

If the parts are Purchased by the outside supplier, fixed costs decreased by one-fourth.

So, three-fourth fixed costs should be incurred.

Now

Total cost per unit = Purchase Price + three - fourth fixed costs

= $28 + (3 ÷4) × $20

= $28 + $15

= $43

Now

Total cost = $43 × 8,000

= $344,000

So, the operating income is

= $288,000 - $344,000

= $56,000 decrease

7 0

3 years ago

Nathan is having a barbeque at his house. While some of his friends are playing outside, one of them slips and falls and hurts h

tresset_1 [31]

Medical insurance because the renter is paying for it

8 0

4 years ago