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gregori [183]
2 years ago
12

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Business
1 answer:
il63 [147K]2 years ago
8 0

Answer:

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Rice company has a unit selling price of $520, variable costs per unit of $286, and fixed costs of $163,800. compute the break-e
larisa [96]
Selling price = p = 520
variable cost per unit = vc = 286
fixed cost = fc = 163,800.
unit sold = x

520 * x = 286 * x + 163,800
520x = 286x + 163,8000
520x - 286x = 163,800
234x = 163,800

x = 163,800 / 234 = 700 units to reach break even point.
unit contribution margin = p - vc = 520 - 286 = 234 per unit.

5 0
3 years ago
What is a sole proprietorship? A partnership? (essential elements) How is each entity taxed? What is a franchise? What is the "c
natita [175]

Answer:

........................

Explanation:

6 0
3 years ago
In year 1, Kris purchased a new home for $200,000 by making a down payment of $150,000 and financing the remaining $50,000 with
blondinia [14]

Answer: D. $7,500

Explanation:

Before the $150,000 mortgage at 5%, the existing $40,000 balance of the loan was paid off. Therefore, only the mortgage was payable. At 5% x %150,000 = $7500 interest.

Therefore, the amount $7500 interest expense Kris will deduct as home related interest expense would be $7,500.

4 0
3 years ago
Income Statement Sections During the current year, David Corporation sold a segment of its business at a gain of $210,000. Until
Montano1993 [528]

Answer:

Answer is given below.

Explanation:

-Income from Continuing Operation                                  700000

-Discontinued Operations  

-Loss from operations of                                        60000

discontinued segment (75000*80%)  

-Gain on disposal of discontinued                         168000           108000

segment (210000*80%)

-Net Income                                                                             808000

8 0
3 years ago
Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual i
nignag [31]

Answer:

Sep 6 Debit inventory $ 1740, Credit Accounts payable $1740

Sep 9 Debit inventory $40 , Credit freight expense $40

Sep 10 Debit Accounts payable $56, Credit inventory $56

Sep 12 Debit Accounts receivable $650, Credit Revenues $650

           Debit Cost of Sales $450, Credit  Inventory $450

Sep 14 Debit Sales return $45, Credit Accounts Receivable $45

           Debit Inventory $34, Credit Cost of sales $34

Sep 20 Debit Accounts receivable $730, Credit Revenues $730

            Debit Cost of Sales $560 , Credit Inventory $560

Explanation:

The Question is incomplete but its nature shows that it requires journal entries for The Sep month transactions.

4 0
4 years ago
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