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Questions -
Q1. Company ABC sells widgets with a per-unit sales price of $5.00 and variable costs per unit of $4.00. ABC's fixed costs are $1,000 per month. How many widgets does ABC have to sell to break even in a month?
A. 100
B. 1,000
C. 200
D. 10
Q2. Company ABC sells widgets with a per-unit sales price of $5.00 and variable costs per unit of $4.00. ABC's fixed costs are $1,000 per month. What dollar amount of sales does ABC need to make to break even in a month?
A. 5,000
B. 500
C. 2,500
D. 1,000
Prepare the appropriate journal entry for each of the items above (a. through j.). You can assume that all transactions with employees, customers, and suppliers were conducted in cash.
Evaluate the various approaches to performance measurement and control in various types of organisations, and devise and evaluate indicators of performance.
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Calcutron Company is contemplating introducing a new type of calculator to complement its existing line of scientific calculators.
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Estimate the standard cost for the direct cost components of a 10-gallon batch of raspberry sherbet. For each direct cost component.
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