1) Given the data below what is the breakeven sales volume? Price: $25/unit Cost of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
1) Given the data below what is the breakeven sales volume? • Price: $25/unit Cost of raw material $5/unit Cost of Direct labor $2/unit Fixed costs $20,000/year Sales Volume: 8,000units/year 2) Find the Breakeven $/unit from the data below using goalseek and an income statement: Input Sales volume Sales price Labor time to produce Cost of labor Cost of raw materiasl Insurance Oner's salary Rent Tax rate 3000 units/yr 75 $/unit 35 minute 35 $/hr 25 $/unit 350 $/month 35000 $/year 3000 $/month 35% 1) Given the data below what is the breakeven sales volume? • Price: $25/unit Cost of raw material $5/unit Cost of Direct labor $2/unit Fixed costs $20,000/year Sales Volume: 8,000units/year 2) Find the Breakeven $/unit from the data below using goalseek and an income statement: Input Sales volume Sales price Labor time to produce Cost of labor Cost of raw materiasl Insurance Oner's salary Rent Tax rate 3000 units/yr 75 $/unit 35 minute 35 $/hr 25 $/unit 350 $/month 35000 $/year 3000 $/month 35%
Expert Answer:
Answer rating: 100% (QA)
1 To calculate the breakeven sales volume we need to determine the total costs and the contribution ... View the full answer
Related Book For
Accounting Texts and Cases
ISBN: 978-1259097126
13th edition
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
Posted Date:
Students also viewed these accounting questions
-
Susmar Shoes Inc. manufactures and supplies three types of shoes (A, B and C) to several customers against specific orders. The products are similar with some minor design differences. These products...
-
SQL, Structured Query Language, is a language used by software developers, data scientists, and anyone who works with data. There are various database management systems (DBMS) that support SQL, but...
-
In February 2015, Majdy I. was appointed as a Chief Executive Manager of the Manufacturing Company by Mamoun N., President. Majdy had wide executive experience in the manufacturing sector with high...
-
Comparative income statements are available for Johanna's Fine Furs: Required Perform horizontal and vertical analyses on each of the items in the above comparative income statements. Round...
-
Concentric Spherical Shells A small conducting spherical shell with inner radius a and outer radius b is concentric with a larger conducting spherical shell with inner radius c and outer radius d...
-
Below are listed the atomic weight, density, and atomic radius for three hypothetical alloys. For each determine whether its crystal structure is FCC, BCC, or simple cubic and then justify your...
-
Use the data in Exercise 23 in Section 13.1 for the following. a. Compute a point estimate for the mean noise level for streets with a mean speed of 35 kilometers per hour. b. Construct a 99%...
-
Stan's Wholesale buys canned tomatoes from canneries and sells them to retail markets. During August 2012, Stan's inventory records showed the following: Even though it requires more computational...
-
On November 1, Vacation Destinations borrows $1.44 million and issues a six-month, 9% note payable. Interest is payable at maturity. Record the issuance of the note and the appropriate adjusting...
-
Exhibit 5.26 presents risk ratios for Walmart for 2014 and 2013. Exhibits 1.19, 1.20, and 1.21 in Chapter 1 present the financial statements for Walmart. REQUIRED a. Compute the values of each of the...
-
WAP to enter the 5 subjects numbers and p [ rint the grades for each subject?
-
The least likely goal of a government's fiscal policy is to: A. redistribute income and wealth. B. influence aggregate national output. C. ensure the stability of the purchasing power of its currency.
-
Outline and briefly describe the types of buyers in the three main buying processes.
-
Outline a personal code of ethics for salespeople.
-
Explain the method used by Medicare to reimburse providers for physician services.
-
What is depreciation cash flow, and what is its expected use?
-
A three-phase circuit has two parallel balanced A loads, one of 33-Q resistors and one of 47-Q resistors. Find the magnitude of the total line current when the line-to-line voltage is 220 V rms. A...
-
The cost curve for the city water supply is C(Q) = 16 + 1/4 Q2, where Q is the amount of water supplied and C(Q) is the cost of providing Q acre-feet of water. (An acre-foot is the amount of water...
-
Phil Brooks, president of Woodside Products. Inc., called Marilyn Mynar into his office one morning in early July 1993. Ms. Mynar was a business major in college and was employed by Woodside during...
-
As controller of Patriot Steel, you have been asked to provide information to management that would be helpful in answering a variety of questions. Required: a. For each of the questions below,...
-
In mid-2002, Mr. and Mrs. Richard Bingham decided to go into the restaurant business. Mr. Bingham was dissatisfied with his job as short-order cook in a small family-owned restaurant where he earned...
-
Consider the quarterly U.S. federal government debt from the first quarter of 1970 to the third quarter of 2012. The first series is the federal debt held by foreign and international investors and...
-
Consider the quarterly growth rates (percentage change a year ago) of real gross domestic products of Brazil, South Korea, and Israel from 1997.I to 2012.II for 62 observations. The data are from the...
-
Suppose that \(z_{t}\) is a \(k\)-dimensional weakly stationary, zero-mean time series following the \(\operatorname{VARMA}(2, q)\) model where \(\left\{\boldsymbol{a}_{t} ight\}\) is a white noise...
Study smarter with the SolutionInn App