Answer:
Bonita’s break-even point in units for 2020 is 812.50 units.
Explanation:
Break-even point in units refers to the number of units of commodity that must sold by a company in order for its cost to be equal to revenue and therefore make no profit but also no loss. This can be determined for Bonita Industries as follows:
Selling price in 2020 = Selling price in 2019 * (100% - Percentage cut in selling price) = $1,000 * (100% - 40%) = $1,000 * 96% = $960
Variable expenses = $700
Fixed expenses = $780,000
Contribution per unit = Selling price in 2020 - Variable expenses = $960 - $700 = $260
Bonita’s break-even point in units for 2020 = Fixed expenses / Contribution per unit = $780,000 / $960 = 812.50 units
Therefore, Bonita’s break-even point in units for 2020 is 812.50 units.
Answer:
$92,400
Explanation:
Supplies expense for 2020 would be calculated as;
= Ending balance in supplies account on December 31, 2019 + Payment for new supplies in 2020 - Balance in supplies account at the end of year 2020
Given that ;
Ending balance in supplies account = $48,400
Payment for new supplies = $86,000
Balance in supplies account at the end of year 2020 = $42,000
Therefore,
Supplies expense for 2020
= $48,400 + $86,000 - $42,000
= $92,400
Answer:
D
Explanation:
Well public is all about quality
Resource management effectively develops and uses the resources of the organization. Credentialing recognizes and confirms the personnel.
<h3>What is credentialing?</h3>
Credentialing is a process that involves the documentation of the individual of the organization or the corporation so that the true and fair authentication and qualification of the person associated are ensured.
It is an essential function of the management that confirms the skills and requirements of the person that will be an asset to the organization. The qualifications of the person required will be established and can be approved.
Therefore, credentialing is used to determine and affirm.
Learn more about credentialing here:
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Answer:
D) Tax anticipation notes.
Explanation:
Short-term loans that are backed by the taxing power of the governmental unit and used to meet working capital requirements are called Tax anticipation notes. Tax anticipation notes are short-term notes or short-term loans, issued at a discount by the states or municipalities to finance current operations before tax revenues are received with a maturity period usually less than a year or a stated future date. Tax anticipation notes are used by municipalities to bridge funding gaps like to meet the working capital requirements.