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svlad2 [7]
3 years ago
12

Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit $ 185.00 Variable expense

per unit $ 94.00 Fixed expense per month $ 437,240 The unit sales to attain the company's monthly target profit of $24,000 is closest to: (Do not round intermediate calculations.) Brewer 8e Rechecks 2018-06-19 Multiple Choice 4,805 2,493 4,907 5,069
Business
1 answer:
worty [1.4K]3 years ago
3 0

Answer:

5,069 units

Explanation:

The computation of the units sales to achieve monthly target profit is shown below:

Unit sales is

= (Fixed cost + target profit) ÷ (contribution margin per unit)

= ($437,240 + $24,000) ÷ ($185 - $94)

= ($461,240) ÷ ($91)

= 5,069 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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Assume that Smith Corp. will need to purchase 200,000 British pounds in 90 days. A call option exists on British pounds with an
WITCHER [35]

Answer:

maximum amount in dollar is payable = $344000

so correct option is a. $344,000

Explanation:

solution

we find here premium that is paid here

premium paid = 200000 pounds ×  $0.04

premium paid = 8000

and

amount payable in Dollar for 200000 pounds is

amount payable in Dollar = 200000 × $1.68

amount payable in Dollar = $336000

so whatever is happen in market

maximum amount in dollar is payable is

maximum amount in dollar is payable = $336000 + $8000

maximum amount in dollar is payable = $344000

so correct option is a. $344,000

3 0
4 years ago
What does partnership form of business imply
stiks02 [169]
The answer should be two or more and central
7 0
3 years ago
Read 2 more answers
In the current year, Borden Corporation had sales of $2,000,000 and cost of goods sold of $1,200,000. Borden expects returns in
HACTEHA [7]

Answer:

(D) Dr Sales Returns and Allowances 150,000

Cr Sales Refund Payable 150,000

Dr Inventory Returns Estimated 90,000

Cr Cost of goods sold 90,000

Explanation:

Based on the information given The adjusting Journal entry or entries to record the expected sales returns is (are):

Dr Sales Returns and Allowances 150,000

Cr Sales Refund Payable 150,000

[(8%*2,000,000)-10,000]

Dr Inventory Returns Estimated 90,000

Cr Cost of goods sold 90,000

[(8%*1,200,000-6,000]

3 0
3 years ago
Megan Brink is offered the possibility of investing $6,651 today at 6% interest per year in a desire to accumulate $10,000.
lapo4ka [179]

Answer:

7 years.

Explanation:

We know,

Future value = Present Value × (1 + i)^{n}

Given,

Future Value, FV = $10,000

Present Value, PV = $6,651

Interest rate, i = 6% = 0.06

We have to determine how many years to acquire $10,000 in the future.

Now, $10,000 = $6,651 × (1 + 0.06)^{n}

or, $(10,000 ÷ 6,651) = 1.06^{n}

or, 1.5035 = 1.06^{n}

or, Log 1.5035 = n log 1.06

Using the calculator to find the value of log.

0.1771 = n × 0.0253

or, n = 0.1771 ÷ 0.0253

or, n = 7 years

7 years will be needed to acquire $10,000 in the future.

5 0
4 years ago
In terms of maintaining credibility, the most important quality to convey when delivering bad news is_______________.
jasenka [17]

Answer:

Truthfulness

Explanation:

A credible news organization is an organization that conveys truthful, verified information, ideally without biases. For example, Reuters is one of the most credible organizations because they do not editorialize information: they simply convey it as it is.

Negative news should not be used to promote hidden agendas against something or someone, because if the agenda is discovered, the credibility of the news organization will take a hit.

5 0
3 years ago
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