What is the number of hours that must be billed to reach the breakeven point?
Accurate Accounting provides accounting services at an average price of $110 per hour and incurs
variable costs of $60 per hour. Assume average fixed costs are $7,200 a month. (Round your answer to
the nearest whole unit.)
Breakeven = (Fixed costs + Target profit) / Contribution margin per unit
Breakeven = ($7,200 + 0)/ $50 = 144
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a. True b. False Indicate whether the statement is true or false
Explain the law of legitimate cross-purposes and law of perpetual change
What will be an ideal response?
Electronic procurement exchanges
A. can facilitate efforts to obtain equity investments. B. prevent exposure to exchange rate fluctuations. C. protect companies from potential loss of proprietary data. D. can permit bid/quote systems for buyers and suppliers.
The owner of a millwork shop is considering three alternative locations for a new plant for building embossed-and-clad steel exterior doors for residences. Fixed and variable costs follow
Since the plant ships nationwide, revenue is assumed the same regardless of plant location. Identify the range over which each location is best. Location Costs A B C Fixed $700,000 $1,000,000 $1,1000,000 Variable $28 $18 $20