BUSINESS HIGH SCHOOL

Jose's Mexican restaurant has a margin per unit of $2.00 for a typical dinner offering on his menu, total fixed expenses of $10,000, and average variable costs of $3.00 per dinner. How many dinners must Jose sell to break even?a. 2,000
b. 3,334
c. 5,000
d. 20,000
e. 30,000

Answers

Answer 1
Answer:

Answer:

c. 5,000

Explanation:

Break Even Point = (Fixed \: Cost)/(Contribution\: Per\: Unit)

Here Contribution = margin per unit as margin is sales price - cost,

Since Margin is per unit it is obvious that while calculating margin per unit only variable cost is considered, and no fixed cost will be considered.

Therefore Contribution = $2.00 per unit

Fixed Cost given = $10,000

Break Even Point in units = (10,000)/(2) = 5,000

Correct option is

c. 5,000
Answer 2
Answer:

Answer:

5000

Explanation:

I don't have an idea.

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Answers

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brainly.com/question/17544637

The United States passed the Foreign Corrupt Practices Act in response to _______ issues between U.S. companies and foreign countries.

Answers

Answer:

Bribery

Explanation:

The FCPA(foreign corrupt practices act) Is a US law that was passed in 1977 to tackle bribery and corruption among corporations that pay foreign officials and other foreign companies or institutions for business contracts, or to expedite legal processes. It was popular in the 1970s and was even filed as part of expenses in the financial statements by US corporations.

Splish brothers inc. purchased land at a price of $60,480. closing costs were $3,024. An old barn was removed at a cost of $6,272. What amount should be recorded a the cost of the land?

Answers

Answer:

$69, 776

Explanation:

In recording the value of an asset, accountants consider the price paid for the assets plus all the associated costs. The amount to be recorded is the aggregate of all relevant expenses.

For Splish brothers, the amount to be recorder will include

Buying price for the land $60,480

Closing cost $ 3024

cost of removing the old burn $6,272

the total cost will be

=$60,480 + 3,024, + $ 6, 272

= $69, 776

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Answers

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Answers

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Answers

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