Solution:
Given information:
The fixed operating costs are$430,000.
The variable costs per unit are $2.95.
The selling price of the product is $4.50.
Calculation of the break-even point:
The formula to calculate the break-even point is:
Break-even point = Fixed costs / Selling price per unit -Variable costs per unit
= 430,000 / 4.50 - 2.95
= 430,000 / 1.55 = 277,419
Substitute $430,000 for the fixed costs, $2
Answer:
$920,266
Explanation:
The adjusted unamortized bond premium is the initial bond premium recorded on the issuance of the bond minus the amortized bond premium for the year ended 31 December 2021.
The initial bond premium is $981,878
At year end of the first year the amortized premium is the difference between the interest expense recognized and coupon interest paid in cash .
Interest expense=$8971878*10%=$897,187.80
coupon interest= $7990000*12%=$958,800.00
Amortized bond premium= $958,800.00-$897,187.80=$ 61,612.20
Adjusted unamortized bond premium=$981,878-$61,612.20=$920,265.80
Answer:
I will take management courses at a local business college so that I will be promoted to bank manager in less than five years.
Explanation:
Answer:
$237,630
Explanation:
Windsor report as its December 31 inventory:
= Inventory in hand as per physical count + Goods purchased from P corporation under FOB shipping basis + Cost of goods sold to A company under FOB destination basis
= $191,500 + $24,510 + $21,620
= $237,630
Therefore, the amount to be reported by Windsor company is $237,630.
Answer:
Structural unemployment
Explanation:
James is going throughout a non voluntary unemployment because there is a "gap" between his skills and the market demanded skills. To minimize this gap, James should improve his skills sets, or take a job with less requirements