Answer:
The Break Even Point is the Sales Value that will cover the cost of production. Meaning the Sales Value that will bring profitability to Zero
Break Even sales for Company wide = $378,000
Break Even Value for Chicago is $111,429
And Break Even Value for Minneapolis is $120,000
The Addition of both Outlets/Offices Break Even Sales is less than the Company-wide because the Offices don't share in the Common Fixed Expense as these are specific to Group reporting.
Explanation:
Answer:
Open
Explanation:
Open shop arrangement is the term which is defined or described as the office, factory or other kind of business establishment in which the union, which is selected or elected through a majority of the employees, that later act as the representative of all the employees while making the agreements with the employer.
So, in this case, the Hector is against the or opposed ton unions. Therefore, the comments of the Hector states that he is in favor of an open shop arrangement.
Answer:
$475,000
Explanation:
The amount should be reported as unearned service contract revenues in Ryan's December 31, Year 1, and balance sheet will be the amount that has not expired in year 1 or outstanding service contracts that will expire in year 2 to year 4. Therefore,
Year 2 + Year 3 + Year 4 = $150,000 + 225,000 + 100,000 = $475,000 should be reported as unearned service contract revenues.
