Answer:
.00091 is the correct answer.
Explanation:
Answer:
a) Using mathematical equation 1599 units
b) Using contribution margin 1598 units
Explanation:
Break even point in units in mathematical terms = 
= 
= 
= 1599 units
b) Using contribution margin
Contribution = Selling Price - Variable Cost = $650 - $450 = $200
Contribution margin = ( $200/ $650 ) X 100 = 30.77%
BEP = $319,700 / 30.77% = $1,039,000.025
Number of units = $1,038,999.025/$650 = 1598 units
a) Using mathematical equation 1599 units
b) Using contribution margin 1598 units
Answer:
$34,700
Explanation:
Data provided
Beginning inventory = $7,800
Purchase = $35,000
Closing inventory = $8,100
The computation of Cost of goods sold for the month is shown below:-
Cost of goods sold = Beginning inventory + Purchase - Closing inventory
= $7,800 + $35,000 - $8,100
= $42,800 - $8,100
= $34,700
Therefore for computing the cost of goods sold we simply applied the above formula.
The correct answer is <span>a contract for the sale of a dining room set.
</span>The Uniform Commercial Code (UCC) attempt to provide a framework of rules to deal with all aspects of commercial sales transactions of tangible goods such as the dining set listed among the four options.
Answer:
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