Question: (5%) Gladstorm Enterprises sells a product for $60 per unit. The variable cost is $20 per unit, while fixed costs are $85,000. Determine the (a)

(5%) Gladstorm Enterprises sells a product for $60 per unit. The variable cost is $20 per unit, while fixed costs are $85,000. Determine the

(a) Break-even point in sales units, and

(b) Break-even point if the selling price was increased to $75 per unit.


Step by Step Solution

★★★★★

3.45 Rating (174 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a Computation of the Break Even point in sales units Given information Selling pric... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Excel file Icon

68-B-M-A-P-C (937).xlsx

300 KBs Excel File

Students Have Also Explored These Related Managerial Accounting Questions!

Q:

On June 1, Maxwell Corporation (a U.S.-based company) sold goods to a foreign customer at a price of 1,000,000 pesos and will receive payment in three months on September 1. On June 1, Maxwell...

Q:

O'Shaughnessy Inc. sells a product for $90 per unit. The variable cost is $65 per unit, while fixed costs are $65,000. Determine (a) The break-even point in sales units. (b) The break-even point if...

Q:

Lablanc Inc. sells a product for $500 per unit. The variable cost is $350 per unit, while fixed costs are $1,170,000. Determine (a) The break-even point in sales units. (b) The break-even point if...

Q:

Yusuf Company sells a product for $220 per unit. The variable cost is $170 per unit, and fixed costs are $180,000. Determine (a) The break-even point in sales units. (b) The break-even point in sales...

Q:

Gladstorm Enterprises sells a product for $60 per unit. The variable cost is $20 per unit, while fixed costs $85,000. Determine the break-even point in sales units, and break-even point if the...

Q:

Johnson Enterprises sells a product for $60 per unit. The variable cost is $20 per unit, while fixed costs are $85,000. Determine the break-even point in sale units and the break-even point if the...

Q:

Gladstorm Enterprises sells a product for $47 per unit. The variable cost is $32 per unit, while fixed costs are $4,500. Determine the break-even point in sales units. Round answer to the nearest...

Q:

Gladstorm Enterprises sells a product for $45 per unit. The variable cost is $31 per unit, while fixed costs are $13,104. Determine the following: Round your answers to the nearest whole number. a....

Q:

Gladstorm Enterprises sells a product for $54 per unit. The variable cost is $36 per unit, while fixed costs are $12,276. Determine the break-even point in sales units. Round answer to the nearest...

Q:

Prepare a monthly flexible selling expense budget for Cottonwood Company for sales volumes of $300,00 $350,000, and $400,000, based on the following data Sales commissions Sales manager's salary...

Q:

Gladstorm Enterprises sells a product for $46 per unit. The variable cost is $32 per unit, while fixed costs are $7,406. Determine the break-even point in sales units. Round answer to the nearest...

Q:

What is adverse selection? How do insurers try to prevent adverse selection?

Q:

Professors of ethics (Eth), professors of philosophy (Phil), and professors in fields other than philosophy or ethics (Other) were asked what percentage of their income professors should donate to...

Q:

Identify the 7 steps of the systematic economic analysis technique (SEAT) used to perform engineering economic analyses.

Q:

W is an attribute that uniquely determines M attribute, if Ris a relation with attribute W and M then: O a Mis functionally independent on R. b. Mis functionally dependent on W. OcWis functionally...

Q:

3 x dx 5 - 4x x2

Q:

Many RDBMSS, induding Access, do not create a unique index on the PK attributets) when you dedare the PK Oa TRUE O b. FALSE

Q:

1. Mark all that apply regarding Mastercards competitive positioning. It's a virtual duopoly with Visa makes win-win strategies profitable for both parties. The payment industry has significant...

Q:

This is a research study, having four variables. .1)Leader humility 2)Antisocial behavior 3)mindfulness 4) Self-efficacy I need help to w.rite Abstract of this study and need you to make the sense...

Q:

Can a partner be expelled? If so, what are the conditions to be fulfilled for the expulsion? (Ref. Para-12.26)

Q:

For each type of adjusting entry explain the impact on assets, liabilities, owners' equity, revenue, expenses, and net income if the required adjusting entry wasn't made.

Q:

What is a contra-asset account? Why are contra-asset accounts used?

Q:

When a dividend is declared and paid by a corporation, a debit is made to retained earnings. Explain why.

Q:

An investment will pay you $52,000 in 10 years. If the appropriate discount rate is 7.9 percent compounded daily, what is the present value? (Use 365 days a year. Do not round intermediate...

Q:

Question 20 2 points Save Answ Suppose a bank enters a repurchase agreement in which it agrees to sell Treasury securities to a correspondent bank at a price of $9999907 with the promise to buy them...

Q:

This Question: 1 pt 4 of 14 (3 complete) This Test: 14 pts possible You are the operations manager for an airline and you are considering a higher fare level for passengers in aisle seats. How many...