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zubka84 [21]
3 years ago
7

Which of the following is the formula for break-even point in sales dollars? A : Fixed costs divided by contribution margin rati

o. B : Fixed costs divided by unit contribution margin. C : Contribution margin ratio divided by fixed costs. D : Unit contribution margin divided by fixed costs.
Business
1 answer:
ruslelena [56]3 years ago
8 0

Answer:

B. Fixed costs divided by unit contribution margin

Explanation:

In sales dollars, Break-Even point = Fixed Costs ÷ Contribution Margin.

Break-Even point in (units) = Fixed Costs / (Sales price per unit - Variable costs per unit).

The Break even point is a measure of which a company can determine if when the product its manufactured or produced will start to be profitable.

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6 0
3 years ago
Without trade, the farmer produced and consumed 2 pounds of pork and 4 pounds of tomatoes and the rancher produced and consumed
Elis [28]

Answer:

the farmer gained 6 hours worth of production and the rancher gained 8 hours worth of production.

Explanation:

                 Labor Hours to Make 1 lb. of        lbs. Produced in 24 Hours

                  Pork                  Tomatoes              Pork            Tomatoes

Farmer        6                            3                       4                       8

Rancher     4                            4                       6                      6

If both decide to specialize in producing only one good, the farmer will produce 8 pounds of tomatoes per day and the rancher will produce 6 pounds of pork per day.

This way when the rancher trades 4 pounds of pork in exchange for 6 pounds of tomatoes, he is gaining 2 pounds of pork which is equivalent to 8 labor hours.

When the rancher trades 6 pounds of tomatoes in exchange for 4 pounds of pork, he is gaining 2 pounds of tomatoes which is equivalent to 6 labor hours.

6 0
3 years ago
John Smith works 40 hours for ABC Corp. for $15 per hour. Required payroll deductions are: Social Security $37.20, Medicare $8.7
finlep [7]

Answer:

salary and wages increase by $600

Explanation:

given data

work = 40 hours

per hour cost = $15

Social Security = $37.20

Medicare $8.70

federal income tax = $58

state income tax = $10

solution

as we know that

Federal Unemployment are $4.80  and Social Security is  $37.20

Medicare =  $8.70  and state Unemployment  $24.6

so total  payable in form of salaries and wages increase $675.3 than actual pay $600

and when salary is paid by company it is for expenditure

and salary and wage payable account is debited

so cash account and state and federal tax payable is credit

so that entry record increase the expenditure

so salary and wages increase by $600

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