1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timofeeve [1]
2 years ago
5

All That Blooms provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.

Business
1 answer:
Ivanshal [37]2 years ago
6 0

Answer and Explanation:

The computation is shown below:

Total fixed costs is

= depreciation + advertising + insurance

= 1224 + 153 + 1683

= $3060 per month

Now  

Total variable cost per unit

= weed + direct labor + fuel

= 10 + 8 + 2

= $20/ per lawn

Now  

Contribution margin ratio = (sales per unit - variable cost per unit) ÷ sales per unit

= ($50 - $20) ÷ 50

= 60%

Now

Breakeven sales is

= fixed costs ÷ contribution margin ratio

= $3,060 ÷ 60%

= $5100

And,

Breakeven sales units is

= breakeven sales ÷ sales per unit

= 5100 ÷ 50

= 102 lawns

You might be interested in
On january 1st year 1, a company issues $410,000 of 7% bonds
storchak [24]

Answer:

The appropriate journal entries to record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021 are:

White Water journal entries

1-Jan-21

Debit Cash $382,141

Credit Discount on Bonds Payable $27,859

($410,000-$382,141)

Credit Bonds payable  $ 410,000

30-Jun

Debit Interest Expenses $ 15,286

($382,141 x 8%/2)  

Debit Discount on Bonds Payable $736

Credit Cash $14,350

($410,000 x 7%/2)  

31-Dec

Debit Interest Expenses $15,315.08

[($382,141 + 736) x 8%/2]

Credit Discount on Bonds Payable $965.08

($15,315.08-$14,350)

Credit Cash $14,350

($410,000 x 7%/2)

yo

3 0
2 years ago
Derek plans to retire on his 65th birthday. However, he plans to work part-time until he turns 75.00. During these years of part
slavikrds [6]
Pension plans are a type of retirement plan in which the employee and employer make contributions. These contributions are invested and to be received upon retirement. In most all cases pension plans are tax exempt. The two types of pension plans are defined benefit plans and defined contribution plans. A defined benefit plan guarantees an amount upon retirement no matter how the investment performed. A defined contribution plan is not a guaranteed amount and heavily depends on the investment performance.
5 0
2 years ago
The following transactions are July 2014 activities of Craig�s Bowling, Inc., which operates several bowling centers (for games
ololo11 [35]

Answer:

Explanation:

The journal entries are shown below:

a. Cash A/c Dr $15,000

         To Games revenue A/c   $15,000

(Being cash collected)

b. Cash A/c Dr $3,000

   Accounts receivable A/c Dr $5,000

                   To Sales revenue $8,000

(Being cash received for selling of equipment)

c. Cash A/c Dr $4,000

      To Account receivable  $4,000

(Being cash received for merchandise sold by the company)

d. Cash A/c Dr $2,500

       To Unearned revenue A/c $2,500

(Being deposit received for the upcoming fall season)

5 0
2 years ago
According to anthropological ethics, the first responsibility of the anthropologist is to the people studied.
Len [333]

<span>The answer is true. The anthropologists have main ethical obligations to the people, species, and materials they research and to the people with whom they work. These duties can exchange the goal of seeking new knowledge, and can lead to decisions not to start or to stop a research project when the primary obligation conflicts with other responsibilities, such as those unsettled to sponsors or clients.</span>

8 0
3 years ago
Robert started his company in his parents' garage because he could not afford to rent an office space. Most of his finances were
Levart [38]

Answer:

having lower overhead costs.

Explanation:

Robert started his company in his mother's garage so he did not have to pay rent or lease at the initial stage of his business. This gave him the opportunity to put his finances in essential aspects of his business.

Therefore he had an opportunity to reduce his overhead cost.

4 0
2 years ago
Other questions:
  • Carla Vista Company, organized in 2019, has set up a single account for all intangible assets. The following summary discloses t
    5·1 answer
  • _____ are financial intermediaries that obtain funds by accepting checking and savings deposits from individuals, businesses, an
    9·1 answer
  • According to the economic model of corporate social responsibility, the sole duty of a business is to: A. go beyond legal respon
    13·1 answer
  • _____ involves determining the specific job tasks and responsibilities, the work environment, and the methods by which the tasks
    13·1 answer
  • A city uses an Enterprise Fund to provide electricity to its citizens and to its General Fund. A total of $50,000 was billed to
    12·1 answer
  • Which scenario would best be resolved using precedent cell tracers?
    6·2 answers
  • DRM is a collection of techniques that control uses of intellectual property in digital formats and includes hardware and softwa
    7·1 answer
  • When overhead is underapplied, a _____ must be made to the Manufacturing overhead account to close it out. Multiple choice quest
    7·1 answer
  • What is expected to be a key challenge for managers as they prepare for the twenty-first century and beyond?
    5·1 answer
  • champions school of real estateIn which of the emotional phases of buying is a buyer drawn in by advertising or sign, stimulatin
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!