Fidel & Ana Limited makes electric kettles that they currently sell at £13 each. The management believes that the company's equipment could currently produce up to 70,000 units of electric kettles per year. However, the budget for the coming year is 53,000 units of electric kettles and costs are estimated as follows: Variable Costs (per unit)
Materials £5.25
Labour £2.95
Variable overheads £ 1.85
Fixed costs:
Production £59,000
Selling etc. £47,600

What is the break-even point and margin of safety in terms of both units and revenue if each electric kettle is sold for £13 (4 marks)

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.

When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations