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Ira Lisetskai [31]
3 years ago
8

Kallard Manufacturing Company produces t-shirts screen-printed with the logos of various sports teams. Each shirt is priced at $

13.50 and has a unit variable cost of $9.85. Total fixed cost is $197,600. Required: 1. Compute the break-even point in units. Round your answer to the nearest whole unit. units
Business
1 answer:
Varvara68 [4.7K]3 years ago
7 0

Answer:

You would need to sell 54,137 units in order to cover your fixed costs

Explanation:

You might be interested in
Information related to Riverbed Co. is presented below.
Scrat [10]

Answer:

April 5

Debit : Merchandise  $36,000

Credit : Accounts Payable - Tamarisk Company $36,000

April 6

Debit : Accounts Payable - Tamarisk Company $920

Credit : Cash $920

April 7

Debit : Equipment $30,500

Credit : Accounts Payable $30,500

April 8

Debit : Accounts Payable - Tamarisk Company $4,200

Credit : Merchandise  $4,200

April 15

Debit : Accounts Payable - Tamarisk Company $30,880

Credit : Discount received $926.40

Credit : Cash $29,954

Explanation:

Working for Journal on April 15

Balance = $36,000 - $920 - $4,200

              = $30,880

Discount = $30,880 x 3%

               = $926.40

Amount Paid =  $30,880 - $926.40

                      = $29,954

7 0
3 years ago
1. Capital budgeting decisions are used to determine how to raise the cash necessary for investments. a.True b. False 2. A firm
AlekseyPX

Answer:

1. False

2. A. financing decision

Explanation:

The capital budgeting refers to the investment in long term assets like machinery, new process, plants, machine replacement that can increase productivity and create a better return in the near future. There are various processes to determine it. It can be by net present value, internal rate of return, etc

The financial decision belongs to a certain decision that illustrates the allocation of financing and funding. It also helps in paying the investment and keeping expenses that can increase the wealth of the shareholder.  

It is made up of decisions related to capital budgeting, working capital management. The working capital displays the current assets and current liabilities According to the case, as the small investment project is paid through a $1 million that results in an increase in a short term bank loan

5 0
3 years ago
Ayesha is a strategist for the firm Optiks Inc., which produces high-quality HD movie cameras. This company needs a specific mat
aniked [119]

Answer:

Optiks should acquire Expert Technology.

5 0
3 years ago
Deluxe Ezra Company purchases equipment on January 1, Year 1, at a cost of $469,000. The asset is expected to have a service lif
marissa [1.9K]

Answer:

to calculate depreciation using the sum-of-the-years'-digits method:

n(n+1) divided by 2 = [12(13)] / 2 = 78

depreciable value = cost - salvage value = $469,000 - $40,000 = $429,000

  1. depreciation year 1 = 12/78 x $429,000 = $66,000
  2. depreciation year 2 = 11/78 x $429,000 = $60,500
  3. depreciation year 3 = 10/78 x $429,000 = $55,000

the formula used to calculate depreciation using the double-declining-balance method is:

2 x cost of the asset x depreciation rate

  1. depreciation year 1 = 2 x $469,000 x 1/12 = $78,167
  2. depreciation year 2 = 2 x ($469,000 - $78,167) x 1/12 = $65,139
  3. depreciation year 3 = 2 x ($390,833 - $65,139) x 1/12 = $54,282
6 0
3 years ago
After landing an interview with your dream company, you learn that the interview will consist of questions asking you to demonst
Karo-lina-s [1.5K]

Answer: task leadership

Explanation: The activities of organizing employees, of setting goals and achieving those goals set are all task leadership activities and therefore, questions put forward during an interview by a company are meant to determine if the candidate possesses task leadership. Task leadership focuses on achieving set goals and is used to develop a structured workplace with clearly defined schedules and priorities. As such, it delegates assignments, set clear processes and issue deadlines in order to ensure that members of a team would remain focused and deliver their part of the project in record time.

4 0
3 years ago
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