Answer:
Bauble to be sold for break even = 5484
Explanation:
Sales Mixture = 16000 : 8000 = 2:1 2 : 1
Bauble Trinkets
Selling Price P.u (16/16) : (16/8) = 1 2
Variable Cost (6400/16000) : ( 11520/16000) = (0.4) (0.72)
Contribution margin Per unit (Sp-Vc) = 0.6 1.28
Com-posit Cm 2 baubles 1 trinkets = 0.6*2+1.28*1 = 2.48
Fix Cost Total = 3200+3600 = 6800
Break-Even units = 6800/2.48 = 2741
Baubles 2742*2 = 5484*0.6 = 3290.4
Trinkets 2742*1 = 2742*1.28 = 3509.7
Answer:
E. Leadership
Explanation:
Leadership refers to the concept in which the manager or a team leader motivates, leading, communicated with the employees to accomplish common goals and objectives so that the employees could perform better next time at less wastage
Therefore the given scenario represents the leadership management activity
Answer:
The answer is "managerial accountant".
Explanation:
The economic circumstances collect and earned value collection of data, evaluating and presenting financial information for the organization or the management team of the company. These statistics will then be used to make sensible financial decisions that really can benefit the overall growth of the organization.
Managers were employing company and organizational accounts to monitor internal financial processes, revenue, spending, and budget, submit reports, determine past trends and forecast future needs, and aid economic decisions.
Answer:
Current liabilities $3.2 million
long-term liabilities =$16 million-$3.2 million-$3.2 million=$9.6 million
Explanation:
The amount classified as current liabilities as at 31st December 2018 is the portion of the loan repayable within a year,that the repayment due at 31st December 2019 which is $3.2 million.
The amount to be classified as long term liabilities is the balance of the loan after having taken out the payment in year 1 as well as the repayment to be made in year 2
Answer:
b. the average number of days to collect receivables is 31.
Explanation:
The calculation of average number of days is shown below:-
Accounts receivable turnover = Net credit sales ÷ Average accounts receivable
$240,000 ÷ $20,000
= 12
Average number of days to collect receivable = Number of days in a year ÷ Accounts receivable turnover
= 365 ÷ 12
= 31 days
Therefore for computing the average number of days to collect receivable we simply divide accounts receivable turnover by number of days in a year.
