Motors is a small car dealership. On​ average, it sells a car for ​, which it purchases from the manufacturer for Each​ month, Motors pays in rent and utilities and for​ salespeople's salaries. In addition to their​ salaries, salespeople are paid a commission of for each car they sell. Motors also spends each month for local advertisements. Its tax rate is ​%. Read the requirementsLOADING Requirement 1. How many cars must Motors sell each month to break​ even? ​Let's begin by determining the formula for the breakeven number of cars. Breakeven number of cars = ▼ ÷ Contribution margin per unit

Select the correct answer. the word intestate means that a person has died with or without a will?

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.