Wes_is_best sells 8,000 units resulting in $100,000 of sales revenue, $35,000 of variable costs, and $45,000 of fixed costs. To achieve $150,000 in operating income, sales must total ________.

these trees

I Scream for Ice Cream sells specialty ice cream in three flavors: Rocky Road, Peanut Butter, and Fruity Tooty.  It sold 15,000 gallons last year. For every five gallons of ice cream sold, one gallon is Fruity Tooty and the remainder is split evenly between Peanut Butter and Rocky Road.  Fixed costs for I Scream for Ice Cream are $27,000 and additional information follows:  Rocky Road Peanut Butter Fruity Tooty  Sale Price per gallon $5.50 $4.00 $3.50 Variable cost per gallon $3.00 $2.00 $2.50 The breakeven sales volume in gallons of Rocky Road for I Scream for Ice Cream is:

Which of the following financial statements does not cover a period of time but rather reports amounts at a specific point in time?

The publish or perish printing company paid a dividend to stockholders. This will be reported on the:

 Rosie’s Bakery recorded 220,000 in revenues, 165,000 in expenses and 30,000 of dividends for the year. The company began of the year with total assets of 190,000 and stockholders’ equity of 87,000.What net income (loss) was reported by Rosie’s Bakery for the year?

The main goal if an accounting system is to:

Which of the following a characteristic of a sole proprietorship?

Consider the following information from a company’s unadjusted trial balance at December 31, 2018. All accounts have normal balances.   Accounts Received 4,500 Accounts payable 650 Cash 1,700 Service Revenue 5,500 Common Stock 4,000 Equipment 4,900 Insurance Expense 400 Land 3,800 Notes Payable, due 2018 4,000 Notes received matures 2020 1,200 Prepaid insurance 400 Retained earnings January 1, 2018 7,850 Salaries and wages expense 3,700   What is the total of the credit side of the unadjusted trial balance?

Reporting revenues when they are earned and expenses when they are incurred is called?