QUESTION 9 Total Per unit Sales revenue (30,000 units) $750,000 25 Variable costs 450,000- 15 Contribution margin 300,000 Fixed costs 150,000 Operating income $150,000 What is the company's breakeven point in sales units? O 15,000 units O 10,000 units O 30,000 units O 45,000 units

Q: 67) Sabv Corporation's break-even-point in salesis $675,000, and its variable expenses are 75% of sa...

A: Break even point in sales = Fixed costs / Contribution margin ratio Break even point in units = Fixe...

Q: A business loan is amortized constantly through 35 monthly rents, if the first rent is L 8,850 and t...

A: Please see Step 2 for the required information.

Q: The following costs pertain to Bulacan Corporation’s only product Leather: Direct Materials P 10.00/...

A: Under throughput technique product cost consist of only direct material cost . All other cost will b...

Q: Krueger Corporation manufactures a single product whose selling price is $134 per unit and whose var...

A: Answer) Calculation of unit sales to earn Target profit of $ 8,450 Unit Sales to earn target Profit ...

Q: ed reserve ratio of supply will increa eposits.]

A: Given in the question -

Q: Assume the year is 2021. On March 15, Juneau Inc. pays each of 15 employees gross wages of $50,000. ...

A: A payroll tax is a tax imposed by the employer on the employee’s salary. The employer withholds this...

Q: Jude is arranging for a party to be held in the students' union. The use of the hall will be free bu...

A:

Q: On January 1, Parson Freight Company issues 9.0 %, 10-year bonds with a par value of $3,900,000. The...

A: Bonds payable are one of the sources of finance and are shown as liability. If the interest rate is ...

Q: A. Occurrence B. Completeness C. Rights and obligations D. Allocation or valuation E. Classification...

A: Solution:- Identify each of the following control activities and identify the management assertion t...

Q: With credit terms of 2/10, n/30, the discount rate for paying after 11th days should be_______. The...

A: Discount Period - Discount period is defined as 2/10, n/30 that shows if the payment made with in 10...

Q: A and B are in partnership sharing profits and losses in the ratio 3:2 respectively. Profit for the ...

A: there are two methods of capital account creation used they are:- fluctuating capital method under t...

Q: Two independent companies, Denver and Bristol, each own a warehouse, and they agree to exchange them...

A: A journal entry is a form of accounting entry that is used to report a business transaction in a com...

Q: Exercise 14-7A (Algo) Preparing an inventory purchases budget LO 14-3 Perez Company selts lamps and ...

A: a)Calculation of inventory purchase budget as follows under:- Ending inventory for march $85,000 x 1...

Q: Which of the following is false? O In an activity on node (AON) network diagram, the arrows represen...

A: Activity on node: When it comes to project management, the phrase "activity-on-node" refers to the p...

Q: Thirty years ago, your parents opened an investment account with a single deposit of $2,000. They ne...

A: Investment amount (P) = $2000 Period (n) = 30 Years Accumulated amount (F) = $26,905

Q: Morgan Company issues 10%, 20-year bonds with a par value of $820,000 that pay interest semiannually...

A: Given, Face value = $820,000   Coupon rate = 10%/2 Coupon rate = 5%  

Q: Krueger Corporation manufactures a single product whose selling price is $134 per unit and whose var...

A: given Krueger Corporation manufactures a single product whose selling price is $134 per unit and who...

Q: Devon Campbell’s is a men’s clothing store in Mesa, Arizona. Devon Campbell’s has its own house char...

A: Forecasted Cash Inflow for August Cash Sales for August         15,000 Collections from June's C...

Q: Africa Traders bought furniture that will be used in the office of Africa Traders for R20 000 using ...

A: Lets understand the basics. Current asset is a asset a cash or asset which can be convertible into c...

Q: Which of the following statements is FALSE about "backward thought process'? Statement I. It consid...

A: a) neither of two statements is false

Q: Noel Stewart has estimated that the total fixed costs for his department are £10,000.He also estimat...

A: Fixed costs: Fixed costs means a cost that is not dependent on the level of production of goods or s...

Q: Noel Stewart has estimated that the total fixed costs for his department are £10,000.He also estimat...

A: Formula: Fixed cost per unit = Total fixed cost / Number of units produced

Q: D. Evans Company produces stuffed toy animals; one of these is Randy the Reindeer. Each reindeer tak...

A: The budget is prepared to estimate the requirements for the future period.

Q: 2019. Fixed A

A: The TWDV is defined as, TWDV = Original Value – Capital Allowance Or Capital Allowance = Original Va...

Q: Which of the following will increase the balance of accounts receivable? Group of answer choices Not...

A: Option B and D are incorrect because these will decrease the balance of accounts receivables. Option...

Q: Noel Stewart has estimated that the total fixed costs for his department are £10,000.He also estimat...

A: Lets understand the basics. For calculating fixed cost per unit, we will need to use below formula. ...

Q: Ridge Marketing Tnc. two products, Presentiy, the company uses single plantwide factory overnead to ...

A: Painting Department Dlh rate = $236,00011,900= $19.83 Overhead in painting department for each unit ...

Q: If the firm's dividend policy was to pay P0.25 per share each period except when earnings exceed P1....

A: Dividend is paid from the earning  In the given question Earning per share less than P1.50 dividend ...

Q: what happen to the account if the owner pay trade payable using own personal bank?

A:

Q: Morning Sky, Inc. (MSI), manufactures and sells computer games. The company has several product line...

A: Contribution Margin=Sales Revenue-Variable Cost

Q: A delivery truck that cost $26,000 has been owned for 3 years and is traded in for another delivery ...

A: Trade in happens when the assets are exchange against the another asset. The accounting basis for re...

Q: PROBLEM NO. 1 The December 31, 2019 statement of financial position of Help Company included the fo...

A: Solution Accounts receivable is the balance of money Due to a firm for gooda or services Delivered o...

Q: Campbell Corporation sells products for $31 each that have variable costs of $18 per unit. Campbell'...

A: Formula: Contribution margin per unit = Selling price per unit - Variable cost per unit

Q: Based on the following information, which of the following is closest to days' sales outstanding? •R...

A: Lets understand the basics. Days sales outstanding shows how many days it takes to convert credit sa...

Q: ty was $1,500,000. Expenses was $650,000. Capital allowance for this property was $180,000. He recei...

A:  Gross salary =$7,000,000 per year.  monthly pension =$75,000  

Q: A partnership employed an inexperienced bookkeeper. He has prepared the current account of one of th...

A: Solution Note = The brought forward balance = 2700 not 2070 (This correction is made on the basis of...

Q: he Lee Company uses a job-order costing system. The following data were recorded for June:   Added...

A: Raw material means the material purchased and still not enter in to the production lines. Work in pr...

Q: Accountants are no longer confined to looking at the books – they must be cross-functional, global i...

A: Answer:-  Management Accounting:- Management accounting is that branch of accounting, where managers...

Q: Accounting The following cash, credit stock purchases and returns were made RMIT Bookstore during Ju...

A:

Q: On January 1, 200A, ABC Company sells to XYZ, 5 used factory equipment, each of which was acquired a...

A: Promissory note is also written as note receivable or note payable in which one party promise to pay...

Q: Eugene and Alfred are partners in their Ghost Fighting business. Alfred is the managing partner. As ...

A: The partnership comes into existence when two or more persons agree to do the business and share pro...

Q: Mohr Company purchases a machine at the beginning of the year at a cost of $36,000. The machine is d...

A: Answer)   Calculation of depreciation expense for the year 2 Depreciation for Year 2 = Book value at...

Q: Mauro Products distributes a single product, a woven basket whose selling price is $12 per unit and ...

A: Formula: Break even point in units =Fixed cost / Unit contribution margin

Q: etained Earnings Statement Pressure Pumps Corporation, a manufacturer of industrial pumps, reports ...

A: This retained profits statement can be provided as a separate document or as part of a financial sta...

Q: Timeless Products produces coat racks. The projected sales for the first quarter of the coming year ...

A: The question is related to Budgetary Control. In the given question first we will calculate the prod...

Q: You were engaged by CITY CORPORATION, a publicly held company whose  shares are traded on the Philip...

A: Shareholder's Equity Shareholder's equity which consist of ordinary shares and preference shares, Tr...

Q: . If the total actual cost of variable factory overhead for the period as reported by the accounting...

A: Solution: Total variable factory overhead variance is the difference between standard variable overh...

Q: Krueger Corporation manufactures a single product whose selling price is $134 per unit and whose var...

A: Contribution margin ratio = Contribution margin / Sales where, Contribution margin = Sales - variabl...

Q: Moulding Polishing and Paciaging Costs incurred in the Polishing Department during January are summa...

A: d. Journal entries Date Account title and explanation Debit Credit   Raw material inventory $39...

Q: ales Calculate contribution margin, break even point (€) and safety margin (€)

A: Solution Formula used    Contribution margin       = sales – variable cost Contribution margin ratio...

Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.