Answer:
393 units will need to be sold to breakeven
Explanation:
Break even point is the point where a Company makes neither makes a profit nor a loss.
Step 1 : Calculate new variables
New Sales = $250 x 1.40 = $350
Variable Costs = $250 x 30 % = $75
New Fixed Costs = $120,000 x 90 % = $108,000
Step 2 : Break even (units)
Break even (units) = Fixed Costs ÷ Contribution per unit
= $108,000 ÷ ($350 - $75)
= 393 units
Thus, 393 units will need to be sold to breakeven
Using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.
<h3>What is the specific identification method?</h3>
The specific identification method is an inventory method that identifies specific inventories sold and uses their specific costs in valuing the cost of goods sold.
<h3>Data and Calculations:</h3>
Date Units Unit Cost Total Balance
June 1 1 $500 $500 $500
July 9 2 $550 $1,100 $1,600
Sept. 23 2 $600 $1,200 $2,800
Dec. 24 -1 $550 $550 $2,250
Thus, using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.
Learn more about specific identification methods at brainly.com/question/25056275
Answer: 104 reviews
Explanation:
Number of customers reviews = 160
Percentage of customer reviews that were excellent= 65%
.
Number of customer reviews that were excellent will be:
= 65% × 160
= 65/100 × 160
= 0.65 × 160
= 104
104 reviews were excellent.
A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project while each retains its independence.
The agreement is less complex and less binding than a joint venture, in which two businesses pool resources to create a separate business entity.
<h3>What is Joint Venture?</h3>
A joint venture is a child company of two parent companies.
It’s maintained by sharing resources and equity with a binding agreement. Whether it’s formed for a specific purpose or an ongoing strategy, a joint venture has a clear objective, and profits are split between the two companies.
<h3>What is Non – Equity Strategic Alliance?</h3>
In a non-equity strategic alliance, organizations create an agreement to share resources without creating a separate entity or sharing equity.
Non-equity alliances are often more loose and informal than a partnership involving equity. These make up the vast majority of business alliances.
Learn more about strategic alliances here:
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