subject
Business, 26.03.2020 01:02 anastasiakonni1

The condensed income statement for the Peri and Paul partnership for 2017 is as follows.

PERI AND PAUL COMPANY

Income Statement

For the Year Ended December 31, 2017

Sales (240,000 units) $1,200,000

Cost of goods sold 800,000

Gross profit 400,000

Operating expenses

Selling $280,000

Administrative 150,000 430,000

Net loss $(30,000 )

A cost behavior analysis indicates that 75% of the cost of goods sold are variable, 44% of the selling expenses are variable, and 44% of the administrative expenses are variable.

Compute the break-even point in total sales dollars and in units for 2017.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 07:30, cecem58
Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $
Answers: 3
image
Business, 22.06.2019 08:30, hartzpeyton136
Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors
Answers: 2
image
Business, 22.06.2019 12:20, lamwil9432
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
image
Business, 22.06.2019 19:30, sky81428
Which of the following occupations relate to a skill category of words and literacy
Answers: 1
You know the right answer?
The condensed income statement for the Peri and Paul partnership for 2017 is as follows.

Questions in other subjects:

Konu
Mathematics, 15.10.2020 04:01
Konu
Mathematics, 15.10.2020 04:01