Break-Even Point Sheridan Inc. sells a product for $66 per unit. The variable cost is $30 per unit, while fixed costs are $326,592. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $72 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $72 per unit fill in the blank 2 units

Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false