Leverage Corporation sells two products: Regular and Supreme. Leverage sells three Regulars for every two Supremes. The Regular sells for $20 each with variable costs of $11 each, whereas the Supreme sells for $25 each with variable costs of $15 each. If fixed costs are $21,000, what is the breakeven point in units?

Indicate the nature of the account or accounts to be debited when recording each transaction. A replacement, which extended the life but did not increase the quality of units produced by the asset, cost $15,000.

a. Asset(s) only. b. Accumulated amortization, or depletion or depreciation only. c. Expense only. d. Asset(s) and expense.

To encourage Elaine's initiative on the group project, her boss, Barry, should tell her that she alone is totally responsible for her success

Indicate whether the statement is true or false.