Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 18, 2024

UW61942 company's break-even-point in sales revenue is $860,000, and its variable expenses are 70% of sales. If the UW61942 company lost $36,000 last year, its

UW61942 company's break-even-point in sales revenue is $860,000, and its variable expenses are 70% of sales. If the UW61942 company lost $36,000 last year, its sales must have amounted to

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

A Survey Of Financial And Managerial Accounting

Authors: Roger H. Hermanson, Roland F. Salmonson, James D. Edwards

5th Edition

025606976X, 978-0256069761

More Books

Students also viewed these Accounting questions

Question

★★★★★

Leases defined as consumer leases often are limited to a $25,000 maximum in order for the special protections to occur. Are dollar limitations for such qualification good public policy? Is that...

Answered: 1 week ago

Question

★★★★★

Gilde Industries is a division of a major corporation. Last year the division had total sales of $19,293,750 net operating income of $2,267,016, and average operating assets of $8,575,000. The...

Answered: 1 week ago

Question

★★★★★

11.19. Blocking in the central composite design. Consider a central composite design for k $ 4 variables in two blocks. Can a rotatable design always be found that blocks orthogonally?

Answered: 1 week ago

Question

★★★★★

1. Explain how CMA used the four principles of lean operating systems to improve performance. 2. Using information from the case, sketch the original paper-based value chain and compare it to a...

Answered: 1 week ago

Question

★★★★★

Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets...

Answered: 1 week ago

Question

★★★★★

Jemima and Nirosha have been running a business together called IC2U since July 2015. It sells ice-creams at markets and other events, mostly on the weekends. Jemima owns the van they use and Nirosha...

Answered: 1 week ago

Question

★★★★★

Organizational Innovations... 167 Exercise 5 (Costs of Quality Analysis, Nonfinancial Quality Measures) Canada Industries manufactures two types of refrigerators, Victoria and Vancouver. Information...

Answered: 1 week ago

Question

★★★★★

Which of the following option is false? Select the most suitable answer. Select one: O a. The value of long forward increases as the price of the asset rises. O b. A 1-year forward contract is an...

Answered: 1 week ago

Question

★★★★★

A client reports having a drink of alcohol (sometimes two) every night before bed. The client's doctor has advised against alcohol use due to diabetes diagnosis. The client believes one drink does...

Answered: 1 week ago

Question

★★★★★

The adjusted trial balance for Happ Company follows. Adjusted Trial Balance December 31 Account Title Accounts receivable Accumulated depreciation-Trucks Accounts payable Salaries payable Number 101...

Answered: 1 week ago

Question

★★★★★

Larkspur Corporation borrowed $78,000 on November 1, 2025, by signing a $79,755, 3-month, zero-interest-bearing note. Prepare Larkspur's November 1, 2025, entry; the December 31, 2025, annual...

Answered: 1 week ago

Question

★★★★★

Prepare the text of a form message to be sent to the people you interviewed but will not hire.

Answered: 1 week ago

Question

★★★★★

Based on the job description you prepared, develop five traditional and five behavioral questions you can use as you conduct telephone interviews with candidates.

Answered: 1 week ago

Question

★★★★★

How would you turn into a positive the answer to the question, What do you consider your weaknesses? (Objective 3)

Answered: 1 week ago

Previous Question Next Question