Answer:
Expenses can be divided into two categories: direct and indirect expenses. Direct expenses hope this helps
Explanation:
Answer:
d. $390 million merits and $110 million merits
Explanation:
The computation of the consumption and the government expenditure is shown below:
As we know that
Budget Surplus = Taxes - government expenditure
$40 = $150 - government expenditure
So, the government expenditure is $110 million
In addition,
Gross domestic product = Consumption + investment + government expenditure + net exports
$600 = Consumption + $100 + $110 + $0
So, the consumption is
= $600 - $100 - $110
= $390 million
We simply applied the above formulas in order to find out the consumption and government expenditure
Answer:
i-... is that a genuine question or.. 0-0
Explanation:
Answer:
1. Estimate Product XT's break-even point in terms of sales units and sale dollars.
break even point = $193,200 / ($210 - $168) = 4,600 package (each containing 100 yards)
break even point in $ = 4,600 x $210 = $966,000
2) attached graph
3) Income Statement
Revenue $966,000
Variable costs <u>($772,800)</u>
Contribution margin $193,200
Fixed expenses <u>($193,200)</u>
Operating income $0
Explanation:
The journal entry is shown below:
Accounts Payable A/c Dr $8,300
To Cash A/c $8,140
To Merchandise Inventory A/c $160 ($8,000 × 2%)
(Being the purchase of merchandise is recorded)
The computation is shown below:
For account payable
= $10,000 + $300 - $2000
= $8,300
For cash account
= $8,300 - $160
=$8,140