Madison Corporation sells three products (M, N, and O) in the following sales mix: 3:1:2. Unit price and cost data are: M N OUnit sales price$7 $4 $6Unit variable costs 3 2 3Total fixed costs are $340,000. The break-even point in composite units for the current sales mix (round to the nearest unit) is:
A. 17,000
B. 34,000
C. 20,000
D. 51,000
E. 102,000
Answer: A
You might also like to view...
When selling securities under Regulation A:
A) Issuers must limit the sales of the securities to accredited investors. B) Sales are limited to 25 unaccredited investors. C) There are restrictions on the resale of the securities. D) All issuers must provide an offering statement. E) Issuers cannot sell more than $5,000,000 of securities in one year under Regulation A.
Martin Company purchases a machine at the beginning of the year at a cost of $63,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 5 years with a $5000 salvage value. Depreciation expense in year 4 is:
A. $58,000. B. $0. C. $11,600. D. $50,400. E. $12,600.
An environmental impact statement is required by NEPA if federal legislation or action will have a significant environmental effect
a. True b. False Indicate whether the statement is true or false
Under the Fair Credit Reporting Act (FCRA), what information can consumers request from credit bureaus, and what recourse do consumers have if they find inaccurate information in their credit report?
What will be an ideal response?