. Metro Manufacturers produces flooring material. The monthly fixed costs are $16,000 per month. The sales price per unit is $95 and variable cost per unit is $35. If Metro's managers create
a CVP graph from volume levels of zero to 800 units, at what sales level (in units) will the revenue
and total cost lines intersect? (Round your answer up to the nearest whole unit.)
A) 267 units
B) 169 units
C) 458 units
D) 124 units

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.