Answer:
Explanation:
Let we assume the number of CD produced be X
So, the total cost would be
C = Fixed cost + variable cost × number of CD produced
= $30,000 + $17X
For total revenue, it would b
R = $63X
For total profit, it would be
P = Selling cost per CD × number of CD produced - variable cost per CD × number of CD produced - fixed cost
= $63X - $17X - $30,000
= $46X - $30,000
For number of CD, it would be
0 = $46X - $30,000
X = $30,000 ÷ $46
= 652 CD for break-even
Answer:
67,840 units
Explanation:
The computation of the equivalent units for material by using the FIFO method is shown below:
<u>Particulars Unit Percentage completion Equivalent units</u>
Opening
inventory 4,000 units 50% 2,000 units
Completed
& transferred
(67,000
- 5,800) 61,200 units 100% 61,200 units
Closing
inventory 5,800 units 80% 4,640 units
Total 67,840 units
Answer:
True.
Explanation:
The value chain expresses the idea that different departments within a firm should operate interdependently which will not only increase the efficiency of the firm but also create a value for customer to compete in the competitive environment. It is very important for the departments within an organization to operate in cooperation with one another as it would make the attainment of the goal easier and that too within stipulated time frame.
Economics conditions, political stability and balance of payments 3
