FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Carla Vista Company estimates that variable costs will be 5 5 % of sales, and fixed costs will total $ 7 3 0 , 8

Carla Vista Company estimates that variable costs will be 55% of sales, and fixed costs will total $730,800. The selling price of the product is $4.

Calculate the break-even point in units and dollars.

 

 

Step by Step Solution

★★★★★

3.38 Rating (130 Votes )

There are 3 Steps involved in it

Step: 1

To calculate the breakeven point we need to use the formula Breakeven point units Fixed ... blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Managerial Accounting

Authors: James Jiambalvo

6th edition

9781119158226, 111915801X, 1119158222, 978-1119158011

More Books

Students also viewed these Accounting questions

Question

★★★★★
The product design team of Cervantes Golf is in the process of designing a new model of golf bag cart. The company estimates that variable costs will be $33 per unit and fixed costs will be $850,000...

Answered: 1 week ago

Question

★★★★★
Write a java program to find out given number is odd or not?

Answered: 1 week ago

Question

★★★★★
The Wendel Stove Company is developing a "professional"- model stove aimed at the home market. The company estimates that variable costs will be $2,700 per unit and fixed costs will be $12,600,000...

Answered: 1 week ago

Question

★★★★★
According to Electronic Designs 2012 Engineering Salary Survey, the mean base salary of a software engineering manager is $126,417the highest mean among all types of engineers. In contrast, a...

Answered: 1 week ago

Question

★★★★★
Refer to Exercise 4.31. You have a poker hand containing four of a kind. a. How many possible poker hands can be dealt? b. In how many ways can you receive four cards of the same face value and one...

Answered: 1 week ago

Question

★★★★★
What is concept testing and how is it used by hightech marketers? AppendixLO1

Answered: 1 week ago

Question

★★★★★
At a hospital, 15 babies are born on a given day. If we know that seven of the newborn babies are boys, what is the probability that all seven boys were born in the last seven births at the hospital...

Answered: 1 week ago

Question

★★★★★
On January 1, Year 1, three companies purchased the same make and model copy machine. However, each company made different assumptions regarding the useful life and salvage value of its particular...

Answered: 1 week ago

Question

★★★★★
Investment guru Warren Buffett, famously said The investor of today does not profit from yesterdays growth. This is most closely related to which financial concept? a. Systematic risk b. The time...

Answered: 1 week ago

Question

★★★★★
Bob identifies some people for your core team. People and money are always in short supply, but the schedule and deliverables are fixed so you can ask for volunteers and budget for outside resources...

Answered: 1 week ago

Question

★★★★★
Innovation and Strategic Posture FOR NETFLIX: The process of innovation include improving products and actions inside and outside of the organization for all stakeholders. Therefore, the management...

Answered: 1 week ago

Question

★★★★★
It was 1989, a beautiful fall day in San Francisco. The World Series was just getting underway in Candlestick Park; and then, the ground began to shake! Across the city, a banquet was just getting...

Answered: 1 week ago

Question

★★★★★
Canada Importers is a Canadian firm based out of Mississauga Ontario. It was founded in 1979 and imports many different types of products. The company is looking to expand and has found that there is...

Answered: 1 week ago

Question

★★★★★
4. The data below pertains to the earnings of Juan Manuel for the week ended June 15, 2020: 3 points Hours and rate Earnings to date Overtime rate 42 hours worked at P40/hr P14.00 1 and times the...

Answered: 1 week ago

Question

★★★★★
Give the assumption or principle that would have been violated if the following entries or information had not been given: 1 . A owner of 3 different businesses wants to combine all of them into one...

Answered: 1 week ago

Question

★★★★★
complete the cash budget for feb and mar. fill out all question marks. You recently began a job as an accounting intern at Ralph Adventures. Your first task was to help prepare the cash budget for...

Answered: 1 week ago

Question

★★★★★
A bar of a steel alloy that exhibits the stress-strain behavior shown in Figure 6.22 is subjected to a tensile load; the specimen is 375 mm (14.8 in.) long and has a square cross section 5.5 mm (0.22...

Answered: 1 week ago

Question

★★★★★
T&C Tees is a manufacturer of T-shirts. The standard amount of 100% cotton jersey fabric used to make each T-shirt is 2.3 yards. The standard price per yard of the fabric is $2.75. During last month,...

Answered: 1 week ago

Question

★★★★★
What are differential costs and revenues?

Answered: 1 week ago

Question

★★★★★
Reef Office Supplies is interested in estimating the cost involved in hiring new employees. The following information is available regarding the costs of operating the Human Resource department at...

Answered: 1 week ago

Question

★★★★★
a. The investigators performed a simple linear regression analysis to relate the two variables. Does a scatter plot of the data support this strategy?

Answered: 1 week ago

Question

★★★★★
26. Show that the point of averages (x, y ) lies on the estimated regression line.

Answered: 1 week ago

Question

★★★★★
5. Choice based conjoint studies (see Section 6.7 for an example and de- scription of conjoint analysis) are frequently used in marketing research. In choice based conjoint studies, potential...

Answered: 1 week ago

Previous Question Next Question