Mikey w. smitty, an emerging rapper, is getting ready to cut his first cd, called "western rap." he is looking for a production company to produce his "western rap" cd. mikey w. smitty is confident that demand for his "western rap" cd will substantially exceed the break even point of 500cds or $7,500 in sales. studio a charges $10,800 to record the cd and $9.50 per cd to duplicate it. studio b charges only $7,500 to record the cd, but $11.50 per cd for duplication. the cd will sell for $21.50.

what is the breakeven point for studio a? (round answer to 2 decimal places, the tolerance is +/- 1). the breakeven point for studio a cds.

compare studio a and b. at what volume of demand should studio a be chosen? (round answer to the nearest whole number, the tolerance is +/- 1).

if than(amount of we should choose studio a.

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be

The usa today reports that the average expenditure on valentine's day is $100.89. do male and female consumers differ in the amounts they spend? the average expenditure in a sample survey of 47 male consumers was $135.67, and the average expenditure in a sample survey of 38 female consumers was $68.64. based on past surveys, the standard deviation for male consumers is assumed to be $34, and the standard deviation for female consumers is assumed to be $17.