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NNADVOKAT [17]
4 years ago
13

A firm is selling two products, chairs and bar stools, each at $55 per unit. Chairs have a variable cost of $25, and bar stools

$20. Fixed cost for the firm is $21,000. a. If the sales mix is 1:1 (one chair sold for every bar stool sold), what is the break-even point in dollars of sales?
b. If the sales mix changes to 1:4 (one chair sold for every four bar stools sold), what is the break-even point in dollars of sales? In units of chairs and bar stools?
Business
1 answer:
MArishka [77]4 years ago
6 0

Answer:

is there just one or is there two questions to be answered.

Explanation:

let me know so I can help ya g

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QUESTION 3
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The values of bond 1 and bond 2 based on the information will be RM7892.93 and RM10000 respectively.

<h3>How to illustrate the information?</h3>

The price of Bond 1 = RM7,892.93, Bond is selling at a discount because the bond price is less than the Par value

Price of Bond 2 = RM10,000, Bond is selling at par, because the bond price is equal to the par value

Price of bond 3 = RM11,240.90 Bond is selling at a premium because the bond price is more than the par value

The yield to maturity (YTM) is the estimated rate of return. The yield to maturity assumes that the buyer of the bond will hold the bond until its maturity date, and will then reinvest each interest payment at the same interest rate. Therefore, the yield to maturity includes the coupon rate that's within its calculation. The yield to maturity is also known as the redemption yield.

The YTM will be:

= [1800 + (18000 - 21800)/10] / [(18000 + 21800)/2]

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= 7.14%

Therefore the values of bond 1 and bond 2 based on the information will be RM7892.93 and RM10000 respectively and the YTM is 7.14%

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The means by which the U.S. Bureau of Labor Statistics determines who is employed and unemployed is a ______.
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If a person does not have a job, has actively sought employment during the previous four weeks, and is currently eligible for employment, they are considered to be unemployed. Any of the following activities can be considered actively seeking employment: Directly contacting: A potential employer or attending a job interview

To aid in public and commercial decision-making, the Bureau of Labor Statistics collects data on the labor market, working conditions, price changes, and productivity in the US economy.

According to BLS, a fully employed economy is one in which GDP is at its potential, the unemployment rate is equal to the nonaccelerating inflation rate of unemployment (NAIRU), and there are no periods of cyclical unemployment.

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A company received a bill for newspaper advertising services, $340. the bill will be paid in 10 days. how would the transaction
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The transaction for the bill for newspaper advertising services will be recorded today as a debit to Advertising Expenses and a credit to Accounts Payable (Advertising Payable).

<h3>How is an accrued expense recorded?</h3>

An accrued expense refers to an incurred outgoing that the service has been enjoyed previously and payment is due later.

According to the matching principle and accrual concept of generally accepted accounting principles, all expenses incurred within a financial period must be recognized in that period whether cash has been exchanged or not.

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