Answer:
Break-even point in units= 11,000 units
Explanation:
Giving the following information:
Selling price $ 50 per unit
Variable expense $ 30 per unit
Fixed expense $ 180,000
Desired profit= $40,000
<u>To calculate the number of units to be sold, we need to use the break-even point formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (180,000 + 40,000) / (50 - 30)
Break-even point in units= 11,000 units
$110000 will be shown
<u>Explanation:</u>
$110000 will be shown in the treasury stock account of Coy, Inc.
Company repurchased the shares in the year 2020, for $220000 ( 22000 sahres) and out of which the company sold half of its shares that is (11000 sahres ) in the year 2021 for an amount of $110000.
It means there is no paid- in - capital in excess for the treasury stock, recording is to be done at the cost, not at the par).
It's supply or demand is not sensitive to price changes
The payback period for the x-ray machine equals 6 years.
<h3>What is a
payback period?</h3>
This means the period of time it will takes a firm to recover the cost of an investment.
<u>Given data</u>
Costs = $24,000
Useful life = 10 years
Reduce operating costs by $4,000
Payback period = $24,000 / 4000
Payback period = 6 years
Therefore, the payback period for the x-ray machine equals 6 years.
Read more about payback period
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Answer:
Functional structure.
Explanation:
Functional structure of a business is one that is based on the different functions that exists in different departments. For example a business can be structured with accounting, sales, operations, and human resources seperate. People with similar specialities are grouped together to achieve departmental objectives.
The advantage of this is that communication within the department is good and they work efficiently because they understand themselves.
Communication between departments is done between the department heads.