Lindon Company is the exclusive distributor for an automotive product that sells for $42.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $264,600 per year. The company plans to sell 24,400 units this year. Required: 1. What are the variable expenses per unit? (Round your "per unit" answer to 2 decimal pleg 2. What is the break-even point in unit sales and in dollar sales?

Q: Use EMBG's adjusted trial balance to prepare EMBG's balance sheet for the current year-end. EMBG…

A: Definition: Balance sheet: To Know the financial position of the business balance sheet is prepared.…

Q: Please help thanks

A: Equivalent units: This is one of the processes costing methods, under this method the uncompleted…

Q: Can you provide me the full answer for this quiestion

A: Formulas for different financial ratios are as follows.

Q: If the company sells produces and sells 3,000 baskets how much operating income will they make A)…

A: Direct material rate per unit = $16,000/2000 = $8 per unit Direct Labour rate per unit =…

Q: Direct materials and conversion equivalent units of production for August . Direct materials and…

A: Solution:-                               Morning Brew Coffee Company…

Q: I'd like the 1st question answered please for problem 23

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Required: a. Prepare a statement of LLC liquidation. b. Provide the journal entry for the final cash…

A: Given Information: Lester Capital = $48,630 Torres Capital = $65,630 Hearst Capital = $26,190…

Q: Use EMBG's adjusted trial balance to prepare the company's income statement. EMBG CORPORATION…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: Can I have the answer for part iv) and v) please.

A: i) Work in process inventory - Process 2 T-account:   Account     Debit      Credit Direct…

Q: Student ID Day 63638034 Monday 23957096 Thursday 28080825 Monday Exam Score 61 70 1. How many…

A: =COUNTIF is used to count the cells satisfying the given criteria in the given range.

Q: Hello, I would need guidance with A-F, if possible.

A: Manufacturing overhead: It is the indirect cost incurred as a part of manufacturing the products.…

Q: Are these written in your own words?

A: Yes the answer is writtern in own words. Please find a alternate answer below

Q: John wishes to borrow 20,000. Lender X and Y offer the following terms: (1) Lender X will be repaid…

A: Present value:Present value is popularly known in short as PV. It is a concept of accounting that…

Q: What is the meaning of V MFG Ohs, V S&A Ohs, F MFG Ohs snd F S&A Ohs on the chat answer

A: V MFG Ohs, V S&A Ohs, F MFG Ohs and F S&A Ohs, these are the short form some of the titles…

Q: AMAZING THANK YOU

A: Present value of annuity Annuity is a series of equal payments at equal interval over a specified…

Q: I need help

A: A payroll journal is a written record of accounting transactions pertaining to payroll. Payroll…

Q: I need help with this

A: ‘’Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: question 33

A: Traditional IRA is one of the plans which are used by the taxpayers so that the tax amount which is…

Q: Kindly provide  me with a full explanation of the solution. It is very brief

A: 1. Inherent risk is the risk that the financial statements may contain material misstatements due to…

Q: When preparing a report form of a Balance Sheet for a merchandising business, assume that the…

A: Hey, since there are multiple questions posted, we will answer first question. If you want any…

Q: Uncollectible Accounts-Percentage of Sales and Percentage of Recelvab At the end of the current…

A: We shall answer the first question since the exact one was not specified. Please resubmit a new…

Q: advance for P 60,000. B. On October 1, 2016, Mr. Kemeki, open a consulting firm The business adjusts…

A: Adjusting entries are those entries which are passed at the end of period to reflect income,…

Q: Can you answer problem 2 as well? Thank you.

A: Break even sales is the point of sale where is no profit no loss situation. It means at break even…

Q: Could you please help with part c now?

A: Quantitative Easing  (QE): It is a form of monetary policy. Under quantitative easing , the central…

Q: kindly, explain more

A: When deciding where to invest there many factors that need to be considered in order to take any…

Q: that particular year? Take ross income for oil as 22%.

A: Pay as you earn system or tax deduction at source in some countries are the advance tax payment…

Q: 35. If the company produces and sells 2,000 baskets how much will their cost of goods sold be?…

A: Workings: Calculation of variable cost per unit: Total baskets produced = 2000 direct materials cost…

Q: You purchase a T-Bill which is selling at a discount of 12 TL. The maturity of this T-Bill is 255…

A: There are 2 questions, so according to our guidelines, we can answer the first one. Please resubmit…

Q: 1. Calculate the amounts to be reported on each employee's Wage and Tax Statement (Form W-2) for…

A:

Q: Please help me with this I'm lost.

A: Comment- Multiple Questions Asked. Utilization Rate- It refers to the performance pointer which is…

Q: please help me with part E.

A: A question with multiple sub parts were asked by you earlier. One of the sub parts were not…

Q: want to know how to do the last two part.. thankssssss!

A: Prepare a statement of retained earnings for the year ended December 31, 2018 assuming net profit…

Q: a. Prepare a common-sized income statement comparing the results of operations for Sorenson…

A: Common size income statement is used for vertical analysis wherein each item in the income statement…

Q: Present perfect an action that began in the past and True O False O

A: The present perfect tense is used to express actions that started in the past and are still ongoing…

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.