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adoni [48]
3 years ago
15

She figures out that her fixed costs will be $7,500 and her unit variable costs are $2 per raft. She plans to rent all 2,500 raf

ts she has on hand. What is Rachel's breakeven price?
Business
1 answer:
bazaltina [42]3 years ago
7 0

Answer:

selling price= $5

Explanation:

Giving the following information:

She figures out that her fixed costs will be $7,500 and her unit variable costs are $2 per raft. She plans to rent all 2,500 rafts she has on hand.

<u>To calculate the break-even selling price, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

2,500= 7,500 / (selling price - 2)

2,500selling price - 5,000= 7,500

selling price= 12,500/2,500

selling price= $5

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Economies based on the exploration of raw materials were established in Sub-Saharan Africa.

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The last department in a production process shows the following information at the end of the period: Units Beginning Work in Pr
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Explanation:

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8 0
3 years ago
Which of the following contingent liabilities would require a company to record a note to the financial statements
SOVA2 [1]

The following contingent liabilities would require a company to record a note to the financial statements:-

a.) The liability is possible and cannot be reasonably estimated.

b.) The liability is probable and cannot be reasonably estimated.

c.) The liability is possible and is estimated to be $35,000.

Correct answer is option 1 , 2 & 4 .

Eligible contingent liabilities are recognized as expenses on the income statement and as liabilities on the balance sheet. If the chance of accidental loss is low, i. H. With a probability of less than 50%, the liability should not be recognized on the balance sheet.

Contingent liability is disclosed when it is likely that a transfer of economic benefits will be required to resolve it without making a provision.

Learn more about financial statements at

brainly.com/question/26240841

#SPJ4

<em>Your question is incomplete. please read below to find the full content.</em>

Which of the following contingent liabilities would require a company to record a note to the financial statements

The liability is possible and cannot be reasonably estimated.

The liability is probable and cannot be reasonably estimated.

The liability is remote and estimated to be $15,000.

The liability is possible and is estimated to be $35,000.

The liability is remote and cannot be estimated.

The liability is probable and estimated to be $40,000.

3 0
2 years ago
Bering rock acquires a granite quarry at a cost of $590,000, which is estimated to contain 200,000 tons of granite and is expect
eimsori [14]
<span>The expense would be $112,100. After putting 38,000 over 200,000 tons (38000/20000), dividing this would provide you with the percentage of rock removed. Which is 0.19, after which you would multiply this by 590,000 which would you bring you to the expense for removal.</span>
3 0
3 years ago
Mains Corporation owns equipment with a cost of $290,000 and accumulated depreciation at December 31, 2014 of $150,000. It is es
Firlakuza [10]

Answer:

(a)$0

Explanation:

Since the book value is less than the generated future cash flows so there would not be any loss on impairment of the asset

The book value is computed below

= Owns value - accumulated depreciation

= $290,000 - $150,000

= $140,000

The book value is $140,000 and the generated cash flows are $165,000. So, no value would be recognized

5 0
3 years ago
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