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zzz [600]
3 years ago
10

Rice Company has a unit selling price of $650, variable costs per unit of $450, and fixed costs of $319,700. Compute the break-e

ven point in units using (a) the mathematical equation and (b) unit contribution margin. (Round answers to 0 decimal places, e.g. 1,225.) (a) Mathematical Equation (b) Unit contribution margin Break-even point units units
Business
1 answer:
Alex3 years ago
4 0

Answer:

a) Using mathematical equation 1599 units

b) Using contribution margin 1598 units

Explanation:

Break even point in units in mathematical terms = \frac{Fixed cost}{Selling price - Variable Cost}

= \frac{319,700}{650 - 450} = \frac{319,700}{200} = 1599 units

b) Using contribution margin

Contribution = Selling Price - Variable Cost = $650 - $450 = $200

Contribution margin = ( $200/ $650 ) X 100 = 30.77%

BEP = $319,700 / 30.77% = $1,039,000.025

Number of units = $1,038,999.025/$650 = 1598 units

a) Using mathematical equation 1599 units

b) Using contribution margin 1598 units

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katrin [286]

In the above case, a skill acquisition will be the aim of the program.

<h3>What organizational goal is driving this skill acquisition training?</h3>

The purpose of skill acquisition is so that student can be able to learn one or more trade so that they can earn a living after school

<h3> What will the benefit be?</h3>

The benefit of acquiring a skill  is that one will be equipped with a lot of good resources and also the skill of  financial management, one will have improved strategic planning and others.

What competencies will skill acquisition need?

It just need your presence, one's talents and expertise that has been obtained via education or or life experience.

<h3>What is the skill gap? </h3>
  • Critical thinking/problem solving
  • Paying Attention to detail.
  • Leadership.
  • Teamwork.

<h3> What evaluation will be used to measure the level of goal achievement? </h3>

Output based on work done, practical work and result.

Who will be trained - student.

The estimated class size- 50 - 100

How many classes will there be and how long will this training last - 20 class and it will last 2 month.

knowledge and skill prerequisites -Ability to read and understand and also just come and you will be taught.

The type of program that is being proposed - skill and handwork training.

What media, if any will be used in the training - visual, media and communication tools will be used·

What will happen if we do not deliver the training - giving of certificates and graduation.

What are the restrictions or limitations for delivering a program - financial restriction.

What other methods may be used to reach the goal - use of the mass media for dissemination of information concerning the program. Its advantage is that it will benefit all and the disadvantage is financial constrain.

Learn more about skill acquisition from

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5 0
2 years ago
Which of the following is not commonly regarded as being part of a firm’s credit policy? a. Credit period b. Collection policy c
Alex
D!!! All of the above
6 0
3 years ago
Presented here are liability items for Skysong, Inc. at December 31, 2017. Accounts payable $298,300 FICA taxes payable $14,820
lord [1]

Answer:

Explanation:

The preparation of the liabilities section of Skysong's balance sheet is shown  below:

                                          Skysong, Inc.

                                    Partial Balance Sheet

                                       December 31, 2017

Liabilities

Current Liabilities

Accounts payable                         $298,300

FICA taxes payable                      $14,820

Notes payable (due May 1, 2018) $38,000

Interest payable                             $76,000

Unearned rent revenue                 $456,000

Income taxes payable                    $6,650

Sales taxes payable                       $3,230

Total Current Liabilities                                          $893,000

Non - Current Liabilities

Bonds payable (due 2021)             $1,710,000

Notes payable (due 2019)              $152,000

Discount on bonds payable           $77,900

Total Non -Current Liabilities                                 $1,939,900

Total liabilities                                                          $2832,900

7 0
4 years ago
Bledsoe Company received $15,000 cash from the issue of stock on January 1, 2013. During 2013 Bledsoe earned $8,500 of revenue o
kati45 [8]

Answer:

Total assets is increased by $18,100

Explanation:

The computation is shown below:

= Cash received from the issue of stock + revenue earned on account - cash paid for operating expenses

= $15,000 + $8,500 - $5,400

= $18,400

This positive amount shows that there is an increase in the total assets for $18,100

The cash collected from the account receivable is not relevant. Hence ignored it

5 0
3 years ago
Sneed Corporation issues 12,700 shares of $49 par preferred stock for cash at $63 per share. The entry to record the transaction
hichkok12 [17]

Answer:

Dr Cash 800,100

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    Cr Additional paid in capital, preferred stock 177,800

Explanation:

Preferred stocks and common stocks are part of stockholders' equity. Whenever they are sold above par value, the difference must be recorded as additional paid in capital. You must also specify which stocks were sold at a higher value.

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