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2 years ago

With regards to interpretation, what are the important areas that appear on a cvp graph?.

Business

1 answer:

NeTakaya2 years ago

7 0

The important areas that appear on a CVP graph includes break-even point, loss area, and profit area

<h3>What is CVP graph?</h3>

A Cost volume profit (CVP) graph is a graph that shows the relationship between the cost of production and the overall sales.

In conclusion, the important areas that appear on a cvp graph includes break-even point, loss area and profit area.

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Prepare journal entries to record the following production activities.

blagie [28]

Answer:

1.Dr Work in progress inventory75,000

Dr Payable Factory payroll 75,000

2. Dr Factory overhead 20,000

Cr Factory Payroll Payable 20,000

3. Dr Factory wages payable 95,000

(75,000+20,000)

Cr Cash 95,000

Explanation:

Preparation to record Journal entry

1. Since the amount of $75,000 was been Incurred of the direct labour production this means we have to record the transaction as :

Dr Work in progress inventory75,000

Dr Payable Factory payroll 75,000

2. Since the amount of $20,000 was Incurred of indirect labor in production this means we have to record the transaction as:

Dr Factory overhead 20,000

Cr Factory Payroll Payable 20,000

3. Since factory payroll was paid the transaction will be recorded as :

Dr Factory wages payable 95,000

(75,000+20,000)

Cr Cash 95,000

5 0

3 years ago

Imagine that a firm sends out a message in the form of a print advertisement for a product. Which element is most likely to cont

Vikki [24]

The element that is most likely to contribute to how receivers decode the message differently is whether the receiver is a user of the product or not.

<h3>What is advertisement?</h3>

It should be noted that advertisement simply means the way of creating awareness regarding a product.

In this case, the element that is most likely to contribute to how receivers decode the message differently is whether the receiver is a user of the product or not.

Learn more about advertisements on:

brainly.com/question/1658517

6 0

2 years ago

A rapid increase in the money supply may lead to a(n):

diamong [38]

<span>A rapid increase in the money supply may lead to a "Deflation"

Hope this helps!
</span>

8 0

3 years ago

While storms could be a cause, power _________ are more likely to be caused by disturbances from high-demand equipment in a home

Vinil7 [7]

I think the answer is “outages”? But I’m not completely sure.

5 0

3 years ago

Pierce Corporation exchanged old equipment for new equipment. The original cost of the old equipment was $120,000, and its accum

ololo11 [35]

Answer:

new equipment 50,000 debit

accumulated depreciation 40,000 debit

loss at disposal: 30,000 debit

old equipment 120,000 credit

--to record trade of equipment--

Explanation:

Let's break the transactions into small parts:

We need to remove the old equipment from accounting along with their accumulated depreciation so:

accumulated depreciation 40,000 debit

old equipment 120,000 credit

Then, we debit the new equipment at fair value:

new equipment 50,000 debit

Last, assuming the trade has commercial substance: we recognize the gain or loss on sale:

book value of traded equipment: 80,000

fair value of new equipment: 50,000

loss at disposal: 30,000

<u>Thus, the journal entry will be as follows:</u>

new equipment 50,000 debit

accumulated depreciation 40,000 debit

loss at disposal: 30,000 debit

old equipment 120,000 credit

4 0

3 years ago