Answer: ✓ an intermediate goal that affects a long-term goal
Answer:
The break-even point is $25,900 units
Explanation:
In this question we use the formula of break-even point in unit sales which is shown below:
= (Fixed expenses) ÷ (Contribution margin per unit)
where,
Contribution margin per unit for product A = (Selling price per unit - Variable cost per unit) ×product mix
= ($13.50 - $6.15) × 40%
= $2.94
Contribution margin per unit for product B = (Selling price per unit - Variable cost per unit) ×product mix
= ($16.75 - $6.85) × 60%
= $5.94
So, the total contribution margin would be equal to
= $2.94 + $5.94
= $8.88
And, the fixed cost is $230,000
Now put these values to the above formula
So, the value would be equal to
= $230,000 ÷ $8.88
= $25,900 units
Answer:
c. $9,000
Explanation:
a. Adjusted basis in the passive activity: $0
b. Rhonda is facing a net loss of $12,000 from passive operation.
Since it uses $7,500 of the loss to. the total at risk to $0.
c. This year passive loss suspended $7,500
The loss suspended in the prior year is $1,500
So, Therefore, the suspended passive loss passed over to the following years total $9,000
Now, Suspended passive loss $9,000 ($7,500 suspended loss in current year + $1,500 suspended loss in the previous year)
Answer:
The month that is lower than the lower control limit is February ($220,000).
Explanation:
Giving the following information:
Highland Company's standard cost is $250,000.
The allowable deviation is ±10%.
Actual Fixed costs:
January $235,000
February 220,000
March 245,000
April 265,000
May 270,000
June 280,000
First, we need to calculate the lower control limit:
Lower control limit= 250,000*0.9= $225,000
The month that is lower than the lower control limit is February ($220,000).
Answer:
Explanation:
1. Accounts Payable - Current liabilities in liabilities side
2. Accounts Receivable - Current asset in assets side
3. Accumulated Depreciation—Building - Property, plant, and equipment in assets side
4. Cash - Current asset in assets side
5. Common Stock - stockholders' equity
6. Note Payable (due in ten years) - Long-term liability in liabilities side
7. Supplies - Current asset in asset side
8. Wages Payable - Current liabilities in liabilities side
