Answer:
$6,775
Explanation:
The computation of the depreciation expense using the straight line method is shown below:
Straight-line method:
= (Original cost - residual value) ÷ (useful life)
= ($30,800 - $3,700) ÷ (4 years)
= ($27,100) ÷ (4 years)
= $6,775
In this method, the depreciation is same for all the remaining useful life
Therefore, in the first and second year the same depreciation expense is to be charged i.e $6,775
The term used from the income statement to calculate turnover is (b) Sales
<h3>How to determine the term?</h3>
The turnover of property plant & equipment and receivables is calculated using
Turnover = Sales ÷ Average Inventory
The dividend in the above equation is Sales
Hence, the term used from the income statement is (b) Sales
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It had almost exclusive control of the world's supply of diamond deposited, utilized to make diamond jewelry.
<h3>What is Monopoly?</h3>
A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces.
A monopoly is described as a single producer or seller who forbids rivals from offering the same product. A monopoly has the power to set prices and makes it difficult for rivals to enter the market. A market arrangement known as a monopoly consists of a single seller who has complete authority over a good or service. The prefix polein, which comes from Greek and means "to sell," and the word mono both indicate single or one.
Hence, It had almost exclusive control of the world's supply of diamond deposited, utilized to make diamond jewelry.
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Answer:
Marigold break-even point = 400,000 units
Explanation:
given data
Sales = 59000 units
direct materials = $1180000
direct labor = $590000
variable costs = $59000
fixed costs = $360000
solution
we get here Marigold’s break-even point in units that is express as
Marigold’s break-even point = Fixed Cost ÷ (Selling Price - Variable Cost) .............1
Break Even Point = Fixed Cost ÷ Contribution Margin ............2
so here
Contribution Margin will be = 
Contribution Margin = $9
now put value in equation 2 we get
Marigold break-even point = 
Marigold break-even point = 400,000 units
