Answer:
b) false
Explanation:
Before a buyer select a supplier for particular goods or commodities, a process of selection and evaluation of suppliers must have been carried out. Some of the things or requirements a supplier must meet are:
1. Quality and reliability
2. Geographical location
3. Environmental regulation compliance
4. Financial capacity
5. Supplier selection scorecard.
Hence, in this case, the correct answer is FALSE.
Answer and Explanation:
The preparation of the income statement is presented below:
Revenue $26,300
Expenses:
Depreciation expense $985
Fuel expense $3,438
Maintenance and repairs expense $1,675
Other expense(income) net $5,319
Provision for Income taxes $857
Purchased Transportation $1,281
Rentals and Landing fees $1,862
Salaries and Employee benefits $9,387
Net income $1,496
Answer:
Babysitter, walk dogs, sell food at school
Explanation:
Answer:
200 standard scooters and 600 standard scooters
Explanation:
The computation of the each type of scooter to break even is shown below:
As we know that
Contribution margin per unit = Selling price per unit - variable cost per unit
So for standard scooter, it is
= $55 - $30
= $25
And, for chrome scooter, it is
= $70 - $40
= $30
Plus, it is given that the ratio between standard scooter and chrome scooter = 1 : 3
Now the weighted average contribution margin per unit is
= $25 × 1 ÷ 4 + $30 × 3 ÷ 4
= $6.25 + $22.50
= $28.75
So,
Break even units = Fixed costs ÷ weighted average contribution margin per unit
= $23,000 ÷ $28.75
= 800 units
So for standard scooter, it is
= 800 × 1 ÷ 4
= 200 standard scooters
And for chrome scooter, it is
= 800 × 3 ÷ 4
= 600 chrome scooters
Answer:
3,600 kilograms
Explanation:
Break even = Total fixed cost / Contribution margin per kg.
Total fixed cost = Plant depreciation + Other plant costs + Corporate salaries + Advertising
= €8,000 + €15,000 + €10,000 + €3,000
= €36,000
Sales commission = Selling price * 5%
= €20 * 5%
= €1 per kg
Variable cost per kg = Direct materials + Direct labor + Variable factory overhead + Sales commission
= €4 + €2 + €3 + €1
= €10 per kg
Contribution margin per kg = Selling price - Variable cost per kg
= €20 - €10
= €10 per kg
Break even = Total fixed cost / Contribution margin per kg.
= €36,000 / €10
= 3,600 kilograms