Answer:
c. $587,100.
Explanation:
The computation of the break even sales in dollars is shown below:
Break Even Sales = Fixed Cost ÷ Contribution Margin Ratio
where,
Fixed cost is $405,099
And, the contribution margin ratio is
= (sales price - variable cost) ÷ sales price
= ($215 - $66.65) ÷ $215
= 69%
Now placing these above formulae to the given formula
= $405,099 ÷ 0.69
= $587,100
Hene, the correct option is c. $587,100
Answer: d
Explanation: hope it helps
Answer:
Journal Entry
Date Description Debit Credit
Depletion expenses $85,260
Accumulated Depletion $85,260
Explanation:
Total cost of MIne
Cost of acquisition $464,000
intangible development cost 116,000
Obligation cost 92,800
salvage value <u> (185,600)</u>
<u> 487,200</u>
Depletion cost per ton = $487,200/4640 tons
= $105/ton
Depletion expenses for the year = $105 x 812 = $85,260
A repair order does have to be signed or verbally agreed on by the customer because they are agreeing to pay for the service that is completed by the repair shop. If the customer signs the paperwork agreeing that the work can be completed, they are also agreeing they will pay for the service. The customer will be held responsible of they do not pay.
Answer:
8,450 Favorable
; 3,206 Unfavorable
Explanation:
Variable overhead spending variance:
= (Standard rate - Actual rate) × Actual hours
= ($3 × 18,731) - $47,743
= 8,450 Favorable
Variable overhead efficiency variance:
= (Standard hour - Actual hour) × Standard rate
= [(11,620 × 1.52) - 18,731] × $3
= (-1,068.6) × $3
= 3,206 Unfavorable
