Bertrand Enterprises Sells Computer Disks for $1

question 117

Multiple Choice

Bertrand Enterprises sells computer disks for $1.70 per disk.Unit variable expenses total $0.80.The breakeven point in units is 4,000 and expected sales in units are 4,500.What is the margin of safety in dollars?

• A) $6,800
• B) $850
• C) $3,600
• D) $7,650

Assess the societal and economic effects of the Civil War on planter families and the broader southern society.

Understand the role and transformation of the black church during Reconstruction.

Analyze the establishment and legacy of African-American education and family structures post-Civil War.

Understand the potential catalysts for a Third Industrial Revolution including the impact of new technologies and cost changes.

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Definitions:

Retained Earnings

Profits generated by a company that are not distributed to shareholders as dividends, but are kept for reinvestment in the business or to pay off debt.

Useful Life

The estimated period over which a fixed asset is expected to be useful to the owning entity, beyond which it is considered to be no longer efficient for use.

Consolidation Adjustments

Adjustments made in the preparation of consolidated financial statements to eliminate the effects of intercompany transactions and balances among the entities being consolidated.

Gain on Sale

The financial profit earned from selling an asset at a higher price than its purchase price or book value.