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liraira [26]
2 years ago
11

Dream Threads Company sells hand-sewn shirts for $40 per shirt. It incurs monthly fixed costs of $7000. The contribution margin

ratio is calculated to be 50%. What is the breakeven point in units? (Round your answer up to the nearest whole unit.)
Business
1 answer:
mylen [45]2 years ago
8 0

Answer:

350 units

Explanation:

The break even point shows the earnings that the company has to generate to be able to cover all the expenses. The formula to calculate the break even point is:

Break even point= Fixed costs / contribution margin

Break even point= $7,000/0.50

Break even point= $14,000

Now, to determine the break even point in units you have to divide $14,000 by the sales price per unit:

$14,000/$40= 350 units

According to this, the break even point in units is 350.

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Answer:

$14,016 favorable

Explanation:

The computation of the raw materials price variance is shown below:

= Actual Quantity × (Standard Price - Actual Price)

= 23,360 liters × ($5.40 - $4.80)

= 23,360 liters × $0.6

= $14,016 favorable

We simply deduct the actual price from the standard price and then multiplied it by the actual quantity so that actual value can come

8 0
2 years ago
While viewing businesses in terms of customer needs can suggest additional growth opportunities, a ________ definition tends to
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Answer:

B) target market

Explanation:

Target market -

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The target market depends on the income , lifestyle and location of the consumer .

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2 years ago
Farrel Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just compl
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Answer:

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Work in Process inventory        $574,000  

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Wages payable/Cash                                      $737,000

5 0
2 years ago
Crafty Cookbooks Inc. is a large publisher that focuses on developing cookbooks with recipes from around the world. Recently, si
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Answer:

Job enlargement strategies increase job satisfaction more than job rotation strategies

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Whereas the job rotation means the switching of job from one job to another so that they grow in near by future.

In the given situation, the Crafty cookbooks change its working way due to which many employees are frustrated which results into the quitting of job, firing of employees, etc that represents the job enlargement with job satisfaction and more than job rotation  

8 0
2 years ago
On December 31, Year 1, a publicly traded entity identified a tax position that will result in a $100,000 tax benefit that quali
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Answer:

C $30,000

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. A $30,000 result has a 35 percent chance of occurring, but the entity cumulatively has a 55 percent chance of receiving at least a $30,000 tax benefit. As a result, $30,000 is the appropriate amount to recognize.

7 0
2 years ago
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