Share and Care International is trying to determine how many clients must be serviced in order to cover its monthly service overhead. Using the high-low method, it has determined that the variable cost per client is $800 and that the monthly fixed overhead is $28,000. Assuming an average fee of $1,200 per client, the breakeven point per month is
A) 35 clients.
B) 80 clients.
C) 70 clients.
D) 55 clients.
C
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a. a bank service charge; b. interest earned; c. NSF checks; d. deposits in transit; e. collections made by the bank on behalf of the depositor.
A deferral is the recognition of an expense that has arisen but has not yet been recorded
Indicate whether the statement is true or false
If leadership has a low tolerance for ambiguity, the approval process is likely to be:
a. More rigorous b. More straightforward c. Quicker d. Lengthy
An actor asks an agent to place an order for a couch on the agent's way back to work. This is an instance of ________
A) a dual-purpose mission B) frolic and detour C) coming and going D) self-dealing