Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 03, 2021

The diagram below is a break-even chart: $ Revenue and costs What is represented by XY? Break-even sales AB B Margin of safety sales

The diagram below is a break-even chart: $ Revenue and costs What is represented by XY? Break-even sales AB B Margin of safety sales Level of activity C D Sales revenue Total cost Fixed cost Net profit Total cost

Step by Step Solution

★★★★★

3.43 Rating (159 Votes )

There are 3 Steps involved in it

Step: 1

Answer A Break even sales Explanation The Breakup even chart shows the level a... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

23rd Edition

978-0324662962

More Books

Students also viewed these Accounting questions

Question

★★★★★

A company has a total cost of $50.00 per unit at a volume of 100,000 units. The variable cost per unit is $20.00. What would the price be if the company expected a volume of 120,000 units and used a...

Answered: 1 week ago

Question

★★★★★

A product can be produced at a total cost C(x) = 800+100x2+x3 dollars, where x is the number produced. If the total revenue is given by R(x) = 60,000x-50x2 dollars, determine the level of production,...

Answered: 1 week ago

Question

★★★★★

The Swan Company produces their product at a total cost of $43 per unit. Of this amount $8 per unit is selling and administrative costs. The total variable cost is $30 per unit. The desired profit is...

Answered: 1 week ago

Question

★★★★★

Julie is the insured on a $300,000 ordinary life insurance policy. Julie sells her life insurance policy to Ben for $20,000. Ben promptly named himself beneficiary. The policy had a cash surrender...

Answered: 1 week ago

Question

★★★★★

Economists often argue that a temporary increase in government purchases, say, for military purposes, will crowd out private investment. Use the saving-investment diagram to illustrate this point,...

Answered: 1 week ago

Question

★★★★★

Use a graph to demonstrate the likely bargaining outcomes of three industries, all with identical union resistance curves. (a) Firm A has been losing money recently as wages and fringe benefits have...

Answered: 1 week ago

Question

★★★★★

=+M19_SHAR8696_03_SE_C19.indd 714 14/07/14 7:37 AM Exercises 715 Dependent variable is: International R squared = 59.9% R squared (adjusted) = 49.7% s = 13540 with 60 - 13 = 47 degrees of freedom...

Answered: 1 week ago

Question

★★★★★

Tyra has a zero basis in her partnership interest and a share in partnership liabilities, which are quite large. Explain how these facts will affect the taxation of her departure from the partnership...

Answered: 1 week ago

Question

★★★★★

Question 21 Marked out of 2.0 The role of the International Sustainability Standards Board (ISSB) is to a. To develop standards that address the need for more consistent, complete, comparable and...

Answered: 1 week ago

Question

★★★★★

Olive A/S, incorporated with an authorised capital consisting of one million ordinary shares of ¬1 each, employs 646 persons, of whom 428 work at the factor y and the rest at the head office. The...

Answered: 1 week ago

Question

★★★★★

Newton's Laws in Your Life Explain and Discuss Newton's First and Third Laws using an example in your life that fits each law. You could find some simple examples related to real life from this video...

Answered: 1 week ago

Question

★★★★★

"A low-cost carrier or low-cost airline (also known as a no-frills, discount or budget carrier or airline) is an airline that offers generally low fares in exchange for eliminating many traditional...

Answered: 1 week ago

Question

★★★★★

List the attributes along which customer demand from different segments can vary that are important to supply chain management.

Answered: 1 week ago

Question

★★★★★

in quickbooks online: Sarah at the sarah's spa is looking for an employee who has been terminated but not deleted from the employee list, but she can't find the employee. What should she do to...

Answered: 1 week ago

Question

★★★★★

For each one of the costs below, explain whether the resource cost is explicit or implicit, and give the annual opportunity cost for each one. Assume the owner of the business can invest money and...

Answered: 1 week ago

Question

★★★★★

7. The following image shows incoming waves at times 0 and 2 seconds. Use this information to predict the resulting waves at times of 6 and 8 seconds. ____.__..._._._,,_.._.. wwF "a. -__. _...

Answered: 1 week ago

Question

★★★★★

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the companys costs: Fixed Cost per Month...

Answered: 1 week ago

Question

★★★★★

Respond to the ethical judgments required based on the following scenarios. Scenario 1. Assume you have collected a sample using MUS and that you have evaluated that sample to calculate a total...

Answered: 1 week ago

Question

★★★★★

Intuit Inc. develops and sells software products for the personal finance market, including popular titles such as Quicken and TurboTax. Classify each of the following costs and expenses for this...

Answered: 1 week ago

Question

★★★★★

In a recent annual report, eBay Inc. reported that during the year it issued stock of $128 million for acquisitions. How would this be reported on the statement of cash flows?

Answered: 1 week ago

Question

★★★★★

Identify each of the following as (a) A current asset or (b) Property, plant, and equipment: 1. Accounts receivable 2. Building 3. Cash 4. Equipment 5. Prepaid rent 6. Supplies

Answered: 1 week ago

Question

★★★★★

Were the EU directives effective in generating comparability of financial statements across companies located in member nations? Why or why not?

Answered: 1 week ago

Question

★★★★★

Under what conditions should a firm claim to prepare financial statements in accordance with IFRS?

Answered: 1 week ago

Question

★★★★★

The professional accounting bodies in many countries have taken, or are taking, steps to adopt IFRS. Required: Go to the Web site of a professional accounting body of your choice and outline the...

Answered: 1 week ago

Previous Question Next Question