Reliable Plastics makes containers that it sells for $2.55 each. Its fixed costs for this product are
Question:
a. What is the break-even point in units?
b. What is the break-even sales revenue?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Given S 255 VC 130 FC 2000 per month a TR S...View the full answer
Answered By
Shadrack Mulunga
I am a Biochemistry by profession. However, I have explored different fields of study. My quest to explore new fields has helped me gain new knowledge and skills in Business, clinical psychology, sociology, organizational behavior and general management, and Project Management. I count my expertise in Project management, in particular, creation of Work Break Down Structure (WBS) and use of Microsoft Project software as one of my greatest achievement in Freelancing industry. I have helped thousands of BSC and MSC students to complete their projects on time and cost-effectively using the MS Project tool. Generally, I find happiness in translating my knowledge and expertise to success of my clients. So far, i have helped thousands of students to not only complete their projects in time but also receive high grades in their respective courses. Quality and timely delivery are the two key aspects that define my work. All those who hired my services always come back for my service. If you hire my services today, you will surely return for more. Try me today!
5.00+
154+ Reviews
289+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Covington Company makes leather chairs that it sells for $500 per chair. Each chair requires $72 of direct materials and $170 of direct labor. Fixed overhead costs are expected to be $300,000 per...
-
Stanton Inc. makes unfinished bookcases that it sells for $60. Production costs are $30 variable and $10 fixed. Because it has unused capacity, Stanton is considering finishing the bookcases and...
-
Keaton Inc. makes unfinished bookcases that it sells for $60. Production costs are $30 variable and $10 fixed. Because it has unused capacity, Keaton is considering finishing the bookcases and...
-
A general ledger trial balance at June 30, 2011, for Millar City is as follows: Millar City uses a purchases basis in accounting for supplies. Open encumbrances are considered constrained by the...
-
All business decisions involve aspects of risk and return. Required Identify both the risk and the return in each of the following activities: 1. Investing $20,000 in Nike stock. 2. Placing a $250...
-
If cos = 1/4, in quadrant IV, find the exact value of: (a) sin (b) sin( /6) (c) cos( /3) (d) tan( /4)
-
Tsoulos, Tsoulakis and Associates is a small firm of architectural consultants. At 1 July 2024, three architects other than the principals, Tony Tsoulos and Maria Tsoulakis, are employed. The...
-
Adam and Arin Adams have collected their personal income and expense information and have asked you to put together an income and expense statement for the year ended December 31, 2012. The following...
-
Suppose a stock had an initial price of $80.60 per share, paid a dividend of $1.48 per share during the year, and had an ending share price of $62.14. What was the capital gains yield?
-
Twin Cities Sports (TCS) is a distributor of sports footwear and equipment. TCS distributes many products to retail accounts but classifies products into just two product groupsfootwear and...
-
A college ski club is planning a weekend package for its members. The members will each be charged $270. For a group of 15 or more, the club can purchase a two-day downhill pass and two nights...
-
Genifax reported the following information for September: Sales revenue . $180,000 Fixed manufacturing costs . 22,000 Fixed marketing and overhead costs . 14,000 Total variable costs . 120,000 Unit...
-
Which groups might be regarded as stakeholders in a business? Try to think of at least five groups.
-
Congress has the power to establish administrative agencies to perform which of the following functions? a. Make administrative rules. b. Adjudicate disputes arising from administrative rules. c....
-
Explain why the Federal Reserve was able to prevent the crisis of 2008 from turning into another Great Depression but was unable to prevent the surge in unemployment that occurred.
-
A merger between firms that compete with each other in the same market is not a violation of antitrust law. (True/False)
-
What forms of anticompetitive behavior does the Federal Trade Commission Act prohibit?
-
A relevant product market consists of all products with identical attributes and products that are sufficient substitutes for each other. (True/False)
-
Use truth tables to decide which of the following biconditionals are tautologies. [(p q) r] = [p (q r)]
-
Given the table below, about how much force does the rocket engine exert on the 4.0 kg payload? Distance traveled with rocket engine firing (m) Payload final velocity (m/s) 500 320 490 310 1020 450...
-
Mr Maxine found an old pay statement from nine years ago. Her hiring wage at the time was $13.50 versus her current wage of $20.80 per hour. At what equivalent (compound) annual rate has her wage...
-
Rounded to the nearest month, how long will it take a business to grow from 400 customers per year to 550 customers per year if the business owner expects the customer base to grow by 12.5% per year?
-
The maturity value of a $5000 four-year compound-interest GIC was $5839.72. What quarterly compounded rate of interest did it earn?
-
When owning and operating any business, whether it's a caf or a pool cleaning business, it's very important that you know exactly what your income and expenditure is. Is your business making money or...
-
Resources Unlimited Corporation was formed in 1985 through the merger of two natural pipeline companies. The result was the largest gas distribution network in the United States, with 38,000 miles of...
-
Toyota was the world's first automobile manufacturer to produce more than 10 million vehicles per year, which it has done since 2012, when it also reported the production of its 200-millionth...
Study smarter with the SolutionInn App