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James paid $7,000 for rent during the year. At the beginning of the year, there is a accrued rent of $800 and at the end
James paid $7,000 for rent during the year. At the beginning of the year, there is a accrued rent of $800 and at the end of the year, the business had a prepaid rent of $200. How much would be shown as the expense for the rent in the income statement for the year? O $6,400 $7,200 $6,000 O $7,800 Question 7 A company produces and sells two products at contribution per unit of $10 for product Rand $12 for product S. Fixed costs are $34,500. If the sales mix is 1 unit of R for 3 units of S, the break-even point in terms of total units would be: O 3,000 units O 3,019 units O 3,137 units O 6,325 units
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