Answer:
(a)
Mathematical Equation for break-even
F = QP - QV
Where
F = fixed cost
Q = Break-even quantity
P = Selling price
V = Variable cost
F = Q ( P - V )
Q = F / ( P - V )
Q = $327,030 / ( $630 - $300 )
Q = $327,030 / $330
Q = 991 units
(b)
Contribution Margin = Price per unit - Variable cost per unit
Contribution Margin = $630 - $300 = $330
Break-even Point in Units = Fixed Cost / Contribution margin per unit
Break-even Point in Units = $327,030 / $330 = 991 units
Explanation:
Mathematical equation use the the break-even equation which represent the behavior of each element towards the break-even point.
Contribution per unit method use the contribution of each unit to calculate the break-even point.
Answer:
Revealed by
Explanation:
The revealed by is the concept that is applied in the case when the classification of the derivatives for the new document is inbuilt and get the authorized source for classification into a new document plus the same is to not seen in the source document
Therefore the concept i.e used to determine the classification of derivatives is revealed by concept
The correct answer is; The place or distribution of the paint
.
Further Explanation:
There are a total of four things that make up the marketing mix. They are known as the 4P's in business and they are very important for the businesses to follow. The four marketing mixes are;
- Price
- Product
- Promotion
- Place
Since Thad has already spoken to the customers and has gotten their feedback he will not need the promotion. He has the customers input on colors, names, and expectations. He has also decided on a price, so he doesn't need to focus on that point anymore. However, <em>he has not determined the place or the distribution of his paint. He will need to focus on the place he will sell his paint. </em>
Learn more about marketing mix at brainly.com/question/859394
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Answer:
Petty Cash is debited for $200; Cash is credited for $200
Explanation:
Based on the information given in a situation were they decided to create a petty cash fund in which it was estimated that the amount of $200 would be needed in the petty cash fund which means that the correct journal entry to create the account is to DEBIT Petty Cash with the amount of $200 and to CREDIT Cash with the amount of $200.
Petty Cash is debited for $200
Cash is credited for $200
Answer:
a. What amount of taxable dividend income, if any, does Madison recognize in 2009?
Madison doesn't have to recognize any income because she is not getting any. Only after Madison decides to sell his stocks will he recognize any taxable income if she makes a gain.
b. What is Madison's income tax basis in her new and existing stock in Badger Corporation, assuming the distribution is non-taxable?
Madison current basis is $100 per stock, and after the stock dividend it will be $100 / 1.1 = $90.91 per stock
c. How would you answer questions a and b if Madison was offered the choice between 1 share of stock in Badger for each 10 shares she owned or $100 cash for each 10 shares she owned in Badger?
then the cash dividend would be $10 per stock, which results in $10 x 1,000 = $10,000 taxable income. Her basis in the stock will remain not change.
