Heathman Inc. produces and sells a single product. The selling price of the product is $230.00 per unit and its variable cost is $89.70 per unit. The fixed expense is $308,660 per month. The break-even in monthly dollar sales is closest to:
A. $535,365
B. $308,660
C. $791,436
D. $506,000
Answer: D
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Sagon Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of September. Prior to the closing of the overapplied or underapplied balance to Cost of Goods Sold, the total of the debits to the Manufacturing Overhead account was $76,000 and the total of the credits to the account was $66,000. Which of the following statements is true?
A. Actual manufacturing overhead incurred during the month was $66,000. B. Manufacturing overhead for the month was underapplied by $10,000. C. Manufacturing overhead applied to Work in Process for the month was $76,000. D. Manufacturing overhead transferred from Finished Goods to Cost of Goods Sold during the month was $76,000.
When considering the risk-utility balance, courts consider:
a. the reality of technology, costs and use in practice b. the profit of the manufacturers against the rate of consumer injury c. the safety standards within the manufacturing plant d. the level of consumer education needed to safely use the product e. none of the other choices are correct
Title 26 of the U.S. Code includes
A) income tax legislation only. B) gift tax and estate tax legislation only. C) alcohol and tobacco tax legislation only. D) all of the tax legislation mentioned above.
A PERT chart lays out each task that must be completed during the course of production, along with the time that each task should take
Indicate whether the statement is true or false