Answer:
Break-even point in total units= 951.7units
Explanation:
<em>Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss</em>.
It is calculated using this formula:
<em>Break-even point (in units) = Fixed cost/ average contribution per unit</em>
<em> Blue Plaid</em>
Contribution per unit 43-30 = 13 52-45 = 7
<em>Average contribution per unit </em>
= ( (13× 4) + (7×5) )/9
= $ 9.66 per unit
<em>Break-even point in total units</em>
= $9200/$ 9.66
= 951.7units
Break-even point in total units= 951.7units
Answer:
What is a minimum balance?
D. The smallest amount of money you can keep in a bank account
Explanation:
For bank accounts, the minimum balance is the minimum dollar amount that a customer must have in an account to receive some service benefit, such as keeping the account open or receiving interest
I would think it might be, "absorption costing."
Answer:
Option (c) is correct.
Explanation:
Given that,
For the current year,
Wages = $80,000
Long-term capital gain = $9,000
Short-term capital loss = $12,000
Loss on sale of camper (purchased 4 years ago and used for family vacations) = $2,000
David's AGI for the current year:
= Wages - Short-term capital loss + Long-term capital gain
= $80,000 - $12,000 + $9,000
= $77,000