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ABC Company sells a product that sells for $20 per unit. Variable costs are $8 per unit, and fixed costs total $12,000 annualy.
a) What is the product's CM ratio ? ( 1 decimal place)
b) What is the break-even point in sales dollars? ( 0 decimal places )
c) What is the break-even point in sales units? ( 0 decimal places )
Financial Reporting - Explain how the information needs of different user groups vary and prepare financial statements in a form suitable for publication by a sole trader, partnership and limited company
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Prepare all journal entries necessary through June to record the above transactions and events. and what would the effect on earnings have been if the forecasted purchase were not hedged?
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