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3 years ago

Give an example of a case where a cost and a revenue function do not have a break-even point.

Business

2 answers:

inessss [21]3 years ago

6 0

Answer:

When profit margin exceed losses

Explanation:

Firstly Break even point is a point where revenue equals cost.

A typical example of a scenario where cost and revenue function does not have a break even point includes, when the profit margin of any given company or individual is higher when compared to the losses of the company or individual. For there to exist a break even point, company or individuals sales have to fall considerably such that revenue equals cost( no profit,no loss).

oee [108]3 years ago

5 0

An example of a case where a cost and revenue function do not have a break even point includes, when the profit margin is larger than the losses of the business.

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Tile & Grout (T&G) contracts to resurface the insides of the pools at WaterWorld Park. T&G knows that without the re

Pavel [41]

Answer:

The answer is Letter C

Explanation:

Water World can recover the loss of profit from the delayed opening.

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2 years ago

Moore General Store purchased office supplies on account during the month of February for $4,500. Payment for the supplies will

Anni [7]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

Purchased office supplies = $4,500

Supplies on balance account (in beginning) = $200

Supplies remaining (in end of month) = $180

So, To calculate supplies used in February we use following method:

Supplies Used = Supplies in Beginning + Purchased office supplies - Supplies in Ending

= $200 + $4,500 - $180

Supplies Used = $4,520

Hence, the amount of supplies USED during February was $4,520.

6 0

3 years ago

Jaheem's business sells a single product. The following information was gathered from Jaheem's records: Price $24.00 per unit Va

pochemuha

Answer:

See below

Explanation:

With regards to the above, Jaheem's business profit increase is calculated as

= Fixed cost + Desired profit/Contribution margin

Given that;

Fixed cost = $400,000

Desire profit = $22,000

Contribution margin = $9.4

= $400,000 + $22,000/($24 - $14.6)

= $422,000/$9.4

= $44,894

Therefore, increase on profit

= $44,894 - $22,000

= $22,894

6 0

2 years ago

Charlie Company uses a perpetual inventory system. During May, the following transactions and events occurred.

satela [25.4K]

The May transactions for Charlie Company (seller) assuming that Charlie uses a perpetual inventory system are:

Charlie Company Journal entries

May 13

Debit Account receivable $360

(8×$45)

Credit Sales $360

(To record credit sales)

May 13

Debit Cost of goods sold $208

(8×$26)

Credit Merchandise inventory $208

(To record cost of goods sold)

May 16

Debit Sales return and allowances $45

Credit Account receivable $45

(To record goods returned)

May 16

Debit Merchandise inventory $26

Credit Cost of goods sold $26

(To record cost of goods sold returned)

May 23

Debit Cash $302

($315-$13)

Debit Sales discount $13

(4%×$315)

Credit Account receivable $315

($360-$45)

Learn more here:

brainly.com/question/16912611

3 0

2 years ago

What involves preparing financial reports that provide information about the business's performance to external parties such as

lilavasa [31]

Answer: Financial Accounting

Explanation:

Financial accounting is the process of preparing financial reports which possesses the information for investors, creditors, employees and all the stakeholders of the company.

4 0

3 years ago