Answer:
Cost of goods sold : $ 120.000
Explanation:
income before taxes : 63000 / 0.7 = 90000
(+) expenses 90.000
Total 180.000
(-) net sales 300.000
= cost of goods 120.000
Answer: Organization decline
Explanation: The organization inability to address the complain of its staff welfare and not being considerate with work load led to the resignation of her staff, this is known as organization decline. This affects the performance of the company especially when the company are not able to employ capable hands immediately after the resignation of it's employees for the main time, also the employees which are employed won't settle immediately for the job as it would take them time to understand their roles properly, all this factors would lead to organization decline.
Making each manager personally responsible for his/her department
Answer:
Explanation:
Bank reconciliation statement:
Cash account balance $3950
Less: Deposit in transit ($900)
Less: Bank service charges ($75)
Add: Interest added to the checking account by the bank $150
Add: Checks outstanding $960
Less: Check drawn incorrectly charged by the bank ($85) [150-65]
Adjusted balance $4,000
Answer:
3,500 units
6,000 units
Explanation:
Given:
Sales Price = $15 per unit
Variable cost = $3 per unit
Fixed cost = $42,000 per month
A. Break even point
Break even point(in units) = Total fixed cost / (Sales Price - Variable cost)
= $42,000 / ($15 - $3)
= $42,000/ $12
= 3,500 units
B. Number of sales unit
Sales unit for desired profit = (Total fixed cost + Desired profit)/ (Sales Price - Variable cost)
= ($42,000 + $30,000) / ($15 -$3)
= $72,000 / $12
= 6,000 units
