A company sells two products - X and Y. Product X is sold at a price of
Question:
A company sells two products - X and Y. Product X is sold at a price of $50 and has a variable cost of $25. Product Y is sold at a price of $25 and has a variable cost of $20. Product X and Y are sold in equal amounts. How many units of Product X must be sold in order to breakeven if the company has $100,000 in fixed costs?
a. 3,333
b. 5,000
c. 6,667
d. 2,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (15 reviews)
a 3333 Break even point Fixed cost ...View the full answer
Answered By
Shameen Tahir
The following are details of my Areas of Effectiveness. The following are details of my Areas of Effectiveness English Language Proficiency, Organization Behavior , consumer Behavior and Marketing, Communication, Applied Statistics, Research Methods , Cognitive & Affective Processes, Cognitive & Affective Processes, Data Analysis in Research, Human Resources Management ,Research Project,
Social Psychology, Personality Psychology, Introduction to Applied Areas of Psychology,
Behavioral Neurosdence , Historical and Contemporary Issues in Psychology, Measurement in Psychology, experimental Psychology,
Business Ethics Business Ethics An introduction to business studies Organization & Management Legal Environment of Business Information Systems in Organizations Operations Management Global Business Policies Industrial Organization Business Strategy Information Management and Technology Company Structure and Organizational Management Accounting & Auditing Financial Accounting Managerial Accounting Accounting for strategy implementation Financial accounting Introduction to bookkeeping and accounting Marketing Marketing Management Professional Development Strategies Business Communications Business planning Commerce & Technology Human resource management General Management Conflict management Leadership Organizational Leadership Supply Chain Management Law Corporate Strategy Creative Writing Analytical Reading & Writing Other Expertise Risk Management Entrepreneurship Management science Organizational behavior Project management Financial Analysis, Research & Companies Valuation And any kind of Excel Queries.
4.70+
16+ Reviews
34+ Question Solved
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Question Posted:
Students also viewed these Managerial Accounting questions
-
The joint cost (in dollars) for products X and Y is given by C(x, y) = 40 + 3x2 + y2 + xy where x represents the quantity of X and y represents the quantity of Y. (a) Find and interpret the marginal...
-
A company sells two products with information as follows: Products are made by machine. 4 units of Product A can be made with one machine hour and 2 units of Product B can be made with one machine...
-
A company sells two products with information as follows: A B Price per unit $12 $18 Variable cost per unit $4 $12 Products are made by machine. 4 units of product A can be made with 2 machine hour...
-
A Classifier is initialized with a list of values separated by increasing numbers, serving as the "boundaries" of the keys. I need hep with a Classifier class that will allow us to have "key-value...
-
Heather's water heater needs repair. The plumber says it will cost $300 to fix the unit, which currently costs $75 per year to operate. Or Heather could buy a new energy-saving water heater for $500,...
-
On July 1, 2015, Fontaine Company purchased for cash 40% of the outstanding capital stock of Knoblett Company. Both Fontaine Company and Knoblett Company have a December 31 year-end. Knoblett...
-
Visit www.pearsonglobaleditions.com/malhotra to read the video case and view the accompanying video. Marriott: Marketing Research Leads to Expanded Offerings highlights Marriott's discovery from...
-
The following summary data are for Gwynn Company: All current assets and current liabilities relate to operations. Instructions: 1. Compute net cash provided by (used in) operating activities for...
-
Mike is paid to advise his clients on how to invest their money. One day, he is reviewing the financial statements for a publicly traded company, and believes the company is poised to gain...
-
Morgan Companys balance sheet at December 31, 2019, is presented below. During January 2020, the following transactions occurred. (Morgan Company uses the perpetual inventory system.) 1. Morgan paid...
-
Johns Camera is currently selling cameras at a price of $100. The cameras have a variable cost of $75 per camera and Johns Camera has a total fixed cost of $100,000. Johns Camera is currently selling...
-
A company is using the high-low method and has determined the following production for the months of January, February, March, and April of 6,000, 5,000, 5,550, and 2,000, respectively. During the...
-
Some years ago, Penny purchased the car of her dreams for $25,000 by paying 20% down at purchase time and taking a $20,000, 5-year, 6% per year, compounded monthly loan with 60 monthly payments of...
-
The growth of plants is due to the division of __________, which are found in ___________. a. stem cells, the shoots b. stem cells, apical and basal meristems c. somatic cells, the shoots d. somatic...
-
When MC is rising but still below ATC, then ______. a) ATC is declining b) ATC is constant c) ATC is rising d) there is no way of determining what ATC is doing.
-
The underlying cause(s) of epigenetic changes associated with cancer may be a. mutations in genes that encode chromatin-modifying proteins. b. environmental agents that alter the function of...
-
Tumor-suppressor genes promote cancer when a. they are overexpressed. b. they are expressed in the wrong cell type. c. their function is inactivated. d. they are expressed at the wrong stage of...
-
Normal (nonmutant) tumor-suppressor genes often function a. as negative regulators of cell division. b. in the maintenance of genome integrity. c. in the stimulation of cell division. d. as both a...
-
A curve in polar form r = () has parametrization Compute r() r() and r() r(). r(0) = f(0) (cos , sin ) Let be the angle between the radial and tangent vectors (Figure 10). Prove that r f(0) dr/de...
-
Q:1 Take any product or service offered in Pakistan and apply all determinents of customer Perceived value ?
-
Think about a show you watch that has multiple episodes. How is suspense used to keep you engaged? What happens at the end of each episode that makes you want to watch the next one? Give a few...
-
At the end of August, the first month of operations, the following selected data were taken from the financial statements of Tucker Jacobs, an attorney: Net income for August ...........$112,500...
-
At the end of August, the first month of operations, the following selected data were taken from the financial statements of Tucker Jacobs, an attorney: Net income for August ...........$112,500...
-
The unadjusted trial balance that you prepared for PS Music at the end of Chapter 2 should appear as shown below. The data needed to determine adjustments are as follows: a. During July, PS Music...
-
What are the ethical, cultural, and socioeconomic dimensions of biodiversity conservation, including indigenous rights, traditional ecological knowledge, and the equitable distribution of...
-
Describe the common Linux file systems Describe the Linux Logical Volume Manager Explain the Linux boot process List and Describe the Linux file system organization Explain methods to locate Linux...
-
What year was Linux created? What type of User Face is Linux ? What are the features in Linux? What is the historical significance of Linux? What is the current version of Linux?
Study smarter with the SolutionInn App