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son4ous [18]
3 years ago
15

Valdez Corporation has provided the following contribution format income statement. Assume that the following information is wit

hin the relevant range
Sales (6,000 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
$240,000
180,000
60,000
54,000
$ 6,000
The break-even point in unit sales is closest to
Business
1 answer:
lorasvet [3.4K]3 years ago
7 0
The answer is C. 60,000
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Maywood, Inc. signs a​ $17,000, 8.5%,​ six-month note dated November​ 1, 2017. The interest expense recorded for this note in 20
exis [7]

Answer:

$241

Explanation:

Of the six month tenor of the note, the period that falls into 2017 is 2 months (that is, November 1 to December 31). In addition, by default, interest rates are stated on an annual basis except indicated otherwise. Therefore, it is assumed that 8.5% rate indicated in the question is an annual rate.

The computation of the interest that falls into 2017 is as follows:

= Note Amount*interest rate*\frac{number of months in 2017}{12 months in a year}

= $17,000 * 8.5% * 2/12

= $240.83

= approx. $241.

5 0
3 years ago
Live Trap Corporation received the data below for its rodent cage production unit. OUTPUTINPUT 50,000 cagesProduction time 620la
kenny6666 [7]

Answer:

Please see explanations below

Explanation:

Total productivity : Units sold

50,000 / [(620 × $7.5) + $30,000 + $15,530]

= 50,000 / [(4,650 + $45,530)]

= 50,000 / 50,180

= 1.0 unit sold per dollar input

Total productivity : Dollars of sales

(50,000 × $3.5) / [(620 × $7.5) + $30,000 + $15,530

= $175,000 / [($4,650) + $45,530

= $175,000 / $50,180

= 3.50 dollars in sales per dollar input

8 0
3 years ago
which categoryh of inventory holding costs would be much higher than average for rapidly chaning industries
Alex787 [66]

The correct option is (c) i.e, The pilferage, scrap, and obsolescence category of inventory holding costs are much higher than average for rapid-change industries such as PCs and cell phones.

<h3>What does Inventory Holding Cost mean?</h3>

Expenses associated with keeping inventory at a warehouse are known as inventory holding costs. Inventory that is kept on hand is a liability that reduces profit margins and raises operating costs for firms.

Inventory holding expenses include rent for the facility, security fees, depreciation costs, and insurance.

Businesses must take demand planning and demand sensing into account when these prices rise. These technologies can help businesses keep the right amount of stock on hand.

Therefore, The category of inventory holding costs that are depicted, based on the information provided comprises pilferage, scrap, and obsolescence.

The complete question is:

Which category of inventory holding costs has a much higher percentage than average for rapid-change industries such as PCs and cell phones?

A) housing costs

B) material handling costs

C) pilferage, scrap, and obsolescence

D) investment costs

To know more about inventory holding costs refer to: brainly.com/question/15298484

#SPJ4

6 0
2 years ago
The FINRA suitability rule requires all of the following EXCEPT: A Before a product or strategy can be recommended, a reasonable
Soloha48 [4]

Answer: D. Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks

Explanation:

There are some reviews with regards to FINRA suitability determinations whihc include:

• Reasonable Basis Suitability: This implies that after there has been a review of the returns, risks and costs of a product, the ones that has the best combination should be recommended.

Also, before a product can be recommended to a customer, the customer must be able to meet the financial commitment. The statement that "Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks" is incorrect.

5 0
3 years ago
Achmed had a bachelor’s degree in accounting when he went to work for the IRS as a Tax Examiner. He then completed his master’s
otez555 [7]

now that achmed has his masters he is techinallly overquailifed for all 3 jobs

8 0
3 years ago
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