Depreciation of the mountain bikes purchased on july 8 and kayaks purchased on august 4 totals $8,000. b. six months’ of the one-year insurance policy purchased on july 1 has expired. c. four months of the one-year rental agreement purchased on september 1 has expired. 3|page bbus 210 – project 1, developing financial statements fall 2019, financial accounting d. of the $1,800 of office supplies purchased on july 4, $300 remains. interest expense on the $30,000 loan obtained from the city council on august 1 should be recorded. of the $2,800 of racing supplies purchased on december 12, $200 remains. e. suzie calculates that the company owes $14,000 in income taxes. required:

Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)