HELPPP ASAP ECON ?!!!!!!

Bingham Company manufactures and sells Product J. Results for last year's manufacture and sale of Product J are as follows:

monitta

Answer:

Break-even point in units= 16,125

Explanation:

<u>To calculate the number of units of Product J to be sold next year, we can use the break-even point formula:</u>

<u></u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Fixed costs= 195,000 + 180,000 + 170,000= $545,000

Unitary contribution margin= 160 - (96 + 24)= $40

Desired profit= $100,000

Break-even point in units= (545,000 + 100,000) / 40

Break-even point in units= 16,125

<u>Prove:</u>

Sales= 16,125*160= 2,580,000

Variable production costs= 16,125*96= (1,548,000)

Sales commissions= 0.15*2,580,000= (387,000)

Salaries of line supervisors= (195,000)

Traceable fixed advertising expense= (180,000)

Fixed general factory overhead= (170,000)

Net operating income= 100,000

7 0

3 years ago

A taxpayer is looking to appeal a decision of a U.S. District Court, select the correct Court of Appeals district based on the s

Blababa [14]

The correct Court of Appeals district based on the States listed below are:

Tenth
Eighth
Ninth
Fifth
Seventh

<h3>What is a Court of Appeal?</h3>

This refers to the special court where people who are not satisfied with the judgement passed in a district court come to so that the case can be re-tried.

With this in mind, if a taxpayer in the United States is looking to appeal a decision which was made by a U.S. District Court, the correct Court of Appeals district based on Wyoming. b. Nebraska. c. Idaho. d. Louisiana. e. Illinois are:

Tenth
Eighth
Ninth
Fifth
Seventh

Read more about Appeal Court here:
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8 0

2 years ago

If net exports is a negative number for a particular year, then

denpristay [2]

The value of foreign goods purchased exceeded the value of goods sold to foreigners during the current year.

4 0

3 years ago

financial accounting focuses on the needs of external users, who get accounting information from general-purpose financial state

Anit [1.1K]

It is a false statement that a financial accounting focuses on the needs of external users who get accounting information from general-purpose financial statements.

<h3>Who are external users of financial accounting?</h3>

An investors is the most common external users of financial statements because they make and assess their investment decisions by using relevant financial information in a company's financial statements

But external users of financial accounting such as shareholders, boards also uses the financial accounting, therefore, It is a false statement that a financial accounting focuses on the needs of external users who get accounting information from general-purpose financial statements.

Read more about financial accounting

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#SPJ1

7 0

2 years ago

Suppose one U.S. dollar can purchase 144 yen today in the foreign exchange market. If the yen depreciates by 8.0% tomorrow, how

EleoNora [17]

Answer:

The correct option is A

Explanation:

When a currency depreciates it means it loses its value.

For the yen to depreciate by 8% it means that a dollar will buy more yen than it did today. by tomorrow. So, to calculate it we times the current price of the yen by the depreciation factor

144×0.8= 11.52

adding the depreciation factor to the current price of the yen

144+11.52=155.52

so by tomorrow $1=155.5yen

3 0

3 years ago

Read 2 more answers