Answer:
$15.30
Explanation:
Given that,
Fixed costs = $1,800,000 per year
Variable cost = $3.30 per unit
40% of its business is with one preferred customer.
Total units sold in a year = 150,000
Unit cost per item:
= (Fixed cost ÷ Total units sold) + Variable cost per unit
= ($1,800,000 ÷ 150,000) + $3.30
= $12 + $3.30
= $15.30
Therefore, the unit cost per item is $15.30.
Answer:
The earnings per share would drop by -$2.17 per share
Explanation:
Firstly the EPS =LOSS/TOTAL SHAREHOLDING
In this ,=-$1300000/600000shares
In other words the EPS for the previous year when compared to the current would see a drop in value per unit of share of $2.17
Answer:
19
Explanation:
The euro is the sole currency of 19 EU member states: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Answer:
Option A-The revenue must be recognized on 31 August.
Explanation:
The accrual concept says that the income must be recognized when they are earned not when the amount is received and expenses when they are incurred not when they are paid.
So according to accrual concept, the entity must deliver its share to recognize sales that is servicing the car. When the entity will service the car then it should recognize the revenue otherwise not. So in accrual basis accounting the date of payment is irrelevant for recognition of revenue and expenses.
Answer: For residential rental property, the recovery period using GDS is 27.5 years. 2 If you use ADS, the recovery period for the same type of property is 30 years if it was placed in service after December 31, 2017, or 40 years if it was placed in service before that date.
Explanation: Is the good enough???