## Prepare a short explanation for company management about each of the graphs.

sales dollars c. What would Diamond Jim’s break-even point be if sales commissions increased to \$54? d. What would Diamond Jim’s break-even point be if selling expenses decreased by \$6,000? Excel Chapter 9 Break-Even Point and Cost-Volume-Profi t Analysis 409 13. LO.2 (Formula; graph; income statement) Pittsburg Tar Co. had the following income statement for 2010: Sales (30,000 gallons × \$8) \$240,000 Variable cost Production (40,000 gallons × \$3) \$120,000 Selling (30,000 gallons × \$0.50) 15,000 (135,000) Contribution margin \$105,000 Fixed cost Production \$ 46,000 Selling and administrative 6,200 (52,200) Income before tax \$ 52,800 Income tax (40%) (21,120) Net income \$ 31,680 a. Compute the break-even point using the equation approach. b. Prepare a CVP graph to refl ect the relationships among cost, revenue, profi t, and volume. c. Prepare a profi t-volume graph. d. Prepare a short explanation for company management about each of the graphs. e. Prepare an income

### Write a program that reads the name of an element from the user and uses a recursive function to find the longest sequence of elements that begins with that value

Some people like to play a game that constructs a sequence of chemical elements where each element in the sequence begins with the last letter of its predecessor. For example,….

### What is the correct charge to the income statement for bad debts and bad debt provisions for the years to 31 December 20X1?

Trade receivables as at 31 December 20X1 were \$25,000. The bad debt provision as at 1 January 20X1 was \$812. During the year to 31 December 20X1 bad debts of….

### Which of the following is an adjusting event?

IAS 10 – Events after the balance sheet date, distinguishes between adjusting and non-adjusting events. Which of the following is an adjusting event? (A) One month after the year end,….