Answer:
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
Explanation:
contribution = sales - variable cost
for Product B32L:
contribution = sales - variable cost
= 46,000 - 13800
= $32,200
for Product K84B:
contribution = sales - variable cost
= 27,000 - 14,670
= $12,330
total sales of the company = 46,000 + 27,000
= $73,000
total contribution of the company = $32,200 + $12,330
= $44,530
cotribution margin ratio = contribution/sales
= 44530/73000
= 0.61
break even point = fixed cost/cotribution margin ratio
= 42550/0.61
= $69,754
Therefore, The The break-even point for the entire company is closest to $69,754.
<h2>Estimated losses on the overall contract are recognized before the contract is completed. </h2>
Explanation:
Revenue recognition cannot be done prior to the completion of contract.
But the asset can be created. Only after the contract gets completed the revenue recognition can be realized.
For a long-term project, the revenue can be recognized based on the percentage of completion.
Revenue recognition keeps financial transactions aligned.
Option A: valid
Option B Invalid, because expenses are also recognized
Option C: This process is acceptable.
Option D: Gains and profits are calculated in this type of method
What? didnt quite understand your question.
The correct answer is agents and brokers. Agents and brokers are considered to be a non-manufacturing traders by which they sell, buy, or even facilitate the traded products of which the goods that they sell are not theirs or they didn't actually owned it.
