Answer:
The firm will realize $1,640,000 on the sale net of the cost of hedging.
Explanation:
Answer:
The break-even point is $25,900 units
Explanation:
In this question we use the formula of break-even point in unit sales which is shown below:
= (Fixed expenses) ÷ (Contribution margin per unit)
where,
Contribution margin per unit for product A = (Selling price per unit - Variable cost per unit) ×product mix
= ($13.50 - $6.15) × 40%
= $2.94
Contribution margin per unit for product B = (Selling price per unit - Variable cost per unit) ×product mix
= ($16.75 - $6.85) × 60%
= $5.94
So, the total contribution margin would be equal to
= $2.94 + $5.94
= $8.88
And, the fixed cost is $230,000
Now put these values to the above formula
So, the value would be equal to
= $230,000 ÷ $8.88
= $25,900 units
Food because food is life
Risk-based financing is a way that lenders determine your interest rate for a loan based on how likely you are to repay that loan.
Answer:
Dr Interest Expense $805.44
Cr Cash $756
Cr Discount amortization $49.44
Explanation:
Preparation of the journal entries to correctly records the 2019 interest expense
Based on the information given the journal entries to correctly records the 2019 interest expense will be :
Dr Interest Expense $805.44
($10,068 * .08)
Cr Cash $756
($10,800 * .07)
Cr Discount amortization $49.44
($805.44-$756)
(To record Interest Expense)
