Find out the break-even point from the following information, Variable cost per unit = $30, Fixed...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Find out the break-even point from the following information, Variable cost per unit = $30, Fixed expenses = $64,000 and selling price per unit = $40 What should be the selling price per unit, if the break-even point should be brought down to 10,000 units? Find out the break-even point from the following information, Variable cost per unit = $30, Fixed expenses = $64,000 and selling price per unit = $40 What should be the selling price per unit, if the break-even point should be brought down to 10,000 units?
Expert Answer:
Answer rating: 100% (QA)
To calculate the breakeven point we need to determine the number of units that need to be sold in or... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
The financial statements of Zoro Industries for the year ended Dec. 31, 2021, are given below. Zoro Industries Income Statement For the year Ended Dec. 31, 2021 Sales Revenue P160,000.00 Less: Cost...
-
Complete the questions for the enclosed case, Cat & Joe Case. Required Questions:1. List and briefly describe the advantages and disadvantages inherent to the food truck business model as...
-
Whirlwind Industries is a multiproduct company with several manufacturing plants. The Brownwood Plant manufactures and distributes two carpet cleaning products, Household and Commercial, under the...
-
The following information is computed from Fast Food Chains annual report for 2006. 2006 2005 Current assets $ 2,731,020 $ 2,364,916 Property and equipment, net 10,960,286 8,516,833 Intangible...
-
You were recently hired to replace the manager of the Roller Division at a major conveyor-manufacturing firm, despite the managers strong external sales record. Roller manufacturing is relatively...
-
Richard sold a rare automobile he had held as an investment in 2018. Richard purchased the automobile in 1993; its adjusted basis at the time of the sale was $70,000, and the selling price was...
-
Refer to the information in Exercise 16-6. Assume that Fields uses the FIFO method of process costing. 1. Calculate the equivalent units of production for the forming department. 2. Calculate the...
-
Francis Corporation purchased an asset at a cost of $50,000 on March 1, 2012. The asset has a useful life of 8 years and a salvage value of $4,000. For tax purposes, the MACRS class life is 5 years....
-
4. Suppose the MPC is 0.8. What is the tax multiplier in this economy? If the government were to lower taxes by $250 in this economy how much would Total Spending change as a result? Show your work.
-
Is it ethical to sell a product that is. at best, only mildly effective? Discuss. Is it ethical to exploit cultural norms and values to promote a product? Discuss. Is the advertising of Fair &...
-
A stereo store marks up each item it sells 60% above wholesale price. What is the wholesale price on a cassette player that retails at MK144, 000.00
-
Masbet Corporation has been a family owned company. While they are celebratingtheir 50th Anniversary the new generation of management wants to make somechanges in the way communication flows. Hence...
-
Use the quadratic formula to solve for x. 2 4x+9x+3=0
-
Imagine a conglomerate with three divisions. Division A's assets have a Beta of 0.5, Division B's assets have a Beta of 1.0, and Division C's assets have a Beta of 1.5. If the company uses the...
-
Immigration law problems CHAPTER 3 sas HILIPPINES 22DEC06 22AUG16 15MAY07 CHAPTER 3 Married to X (LPR 4 yes). IMMIGRANT PRIORITIES Problem 3. X, who was admitted as an LPR four years ago, has just...
-
There are different forms of communication in business. Each of these forms are significant. Nevertheless, written communication usually requires more thought and effort. Briefly explain the...
-
In setting up the finance function of Gister plc's new Western Division, the Finance Director has placed a great deal of emphasis on integrity controls, especially input and processing controls....
-
Integration is a vital concept when applied in one?s life. Integrating your life means making ideal choices. Perfect choices on the other go in line with quality decisions. Quality decisions lead to...
-
Mallory Michaels, senior accountant for Trendy Fashions, has gathered the following balances from the company's general ledger: Required Using the indirect method, prepare the cash flows provided by...
-
Joshua Hill, Bates & Hill Fabricators production manager, has just completed the companys production budget and manufacturing overhead budget for the first quarter. He also has received the direct...
-
Delectable Dish Printery publishes the best-selling Captain Cajun Cookbook that sells for $8. The company incurs variable costs of $3 per cookbook and total fixed costs are $300,000. Required If the...
-
To explore how student project groups develop through various stages. INSTRUCTIONS 1. Think about the last time you were assigned to a student group to complete a course-related project. 2. Next,...
-
To explore which conflict styles students would use in a variety of workplace scenarios. INSTRUCTIONS 1. Read each of the following workplace scenarios. 2. Next, choose the conflict style being used...
-
The chapter included a paragraph on restaurant managers and staff communication about COVID-19 policies and practices. What would constitute transparency in the downward and upward directions? Data...
Study smarter with the SolutionInn App