Find the missing data in CVP relationships The budgets of four companies yield the following information:

Company
QRST
Target sales$680,000$445,000$224,000$ _ _ _
Variable expenses170,000_ _ __ _ _270,000
Fixed expenses_ _ _$159,000$93,000_ _ _
Operating income (loss)$150,000$ _ _ _$ _ _ _$133,000
Units sold_ _ _106,80012,50018,000
Contribution margin per unit$6.25$ _ _ _$ 8.96$ 35.00
Contribution margin ratio_ _ _0.60_ _ __ _ _
Requirements

1. Fill in the blanks for each company.

2. Compute breakeven, in sales dollars, for each company. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point?

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.

Keisha took the vark inventory and discovered she prefers to learn mainly through visual and kinesthetic modes. which study strategy would best match these preferences?