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makvit [3.9K]
2 years ago
14

A product sells for $275 per unit, and its variable costs are 68% of sales. The fixed costs are $345,600. What is the break-even

point in sales dollars? (Do not round intermediate calculations.)
Business
1 answer:
exis [7]2 years ago
5 0
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In monopolistic competition, if a firm advertises and effectively raises consumer awareness of its product, it tends toA) lower
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B) raise costs and increase demand for its product

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Howard Inc. had prepaid rent of $94,000 and $105,000 at the end of 2017 and 2018, respectively. During 2018, Howard recorded $25
Paladinen [302]

Answer:

The outflow of cash in respect of rent is $270,000

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The prepaid rent at the end of 2017 relates to rent expense but was paid last year hence should be deducted from rent expense in the year,

On the other hand , the prepaid expense for 2018 was paid  during the year hence should be added to rent expense in order to cash cash outflow  relating to rent expense

Rent expense             $259,000

Prepaid rent 2017        ($94,000)

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Cash paid in 2018       $270,000

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