If fixed costs are $180,000, variable costs are $38 per unit, and the product sells for $70, the breakeven point in sales dollars is $5,625
Indicate whether the statement is true or false
False
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In order to effectively revise and proofread a document, you should:?
A) ?avoid using visual enhancements at all times as they clutter the document. B) ?avoid taking suggestions from others on rewriting the document. C) ?revise the document until you find new ways to improve it. D) ?attempt to see things from the audience's perspective.
The capital intensity ratio is generally defined as follows:
A. The percentage of liabilities that increase spontaneously as a percentage of sales. B. The ratio of sales to current assets. C. The ratio of current assets to sales. D. The amount of assets required per dollar of sales, or A0*/S0. E. Sales divided by total assets, i.e., the total assets turnover ratio.
Arca Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted (Planned) Overhead: Budgeted variable manufacturing overhead$38,700 Budgeted fixed manufacturing overhead 170,700 Total budgeted manufacturing overhead$ 209,400 Budgeted production (a) 20,000unitsStandard hours per unit (b) 1.50machine-hoursBudgeted hours (a) × (b) 30,000machine-hours Applying Overhead: Actual production (a) 15,000unitsStandard hours per unit (b) 1.50machine-hoursStandard hours allowed for the actual production (a) ×
(b) 22,500machine-hours Actual Overhead and Hours: Actual variable manufacturing overhead$9,812 Actual fixed manufacturing overhead 185,700 Total actual manufacturing overhead$ 195,512 Actual hours 22,300machine-hoursThe predetermined overhead rate is closest to: A. $8.69 per machine-hour B. $13.03 per machine-hour C. $6.98 per machine-hour D. $10.47 per machine-hour
Price discrimination is expressly permitted in all of the following except: A) In differences involving product grade or quality
B)When involving the cost of transportation. C)When making good faith efforts to meet the competition. D)In situations involving resale price maintenance.