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  1. Answers
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    1,147

    break-even point

    For the coming year, Swain Company estimates fixed costs at $90,000, the unit variable cost at $20, and the unit selling price at $80. Determine (a) the break-even point in units of sales, (b) the...
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    1,641

    net present value

    Project A requires an original investment of $65,000. The project will yield cash flows of $15,000 per year for seven years. Project B has a calculated net present value of $5,500 over a five year...
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    965

    break-even sales

    For the current year ending January 31, Bell Company expects fixed costs of $178,500 and a unit variable cost of $41.50. For the coming year, a new wage contract will increase the unit variable cost...
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    1,926

    margin of safety

    A company with a break-even point at $900,000 in sales revenue and had fixed costs of $225,000. When actual sales were $1,000,000 variable costs were $750,000. Determine (a) the margin of safety...
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    916

    Break even point

    Selling Price = $8, variable cost per unit= $5, fixed costs= 48,000

    Break Even Point in units=

    Break Even Point in dollars=
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    920

    Merchandise inventory and gross profit

    During July, the first month of the fiscal year, sales totaled $900,000 and the cost of merchandise available for sale totaled $800,000. Estimate the cost of the merchandise inventory as of July 31,...
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    575

    Can you journalize the entries?

    Based on the information below, journalize the entries for the Seller and the Buyer. Both use a perpetual inventory system.

    a. Seller sells Buyer on account merchandise costing $200 for $450,...
  8. Question: Journal entries

    by ajtrack84
    Answers
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    1,205

    Journal entries

    Can someone help me journalize these problems ?
    1. Paid Office Station Co. for part of the dept incurred.
    2. Recorded services provided on account for the period.
    3. Paid part-time receptionist...
  9. Question: Journal entry

    by ajtrack84
    Answers
    1
    Views
    764

    Journal entry

    What is the journal entry for Received cash from cash clients, $4200
    The only account that might fit is professional fees
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