If a firm has a break-even point of 40,000 units and the contribution margin on the firm's
Question:
If a firm has a break-even point of 40,000 units and the contribution margin on the firm's single product is $4.00 per unit and fixed costs are $60,000, what will the firm's operating profit be at sales of 30,000 units?
Select one:
(i). $15,000
(ii). $100,000
(iii). $145,000
(iv). $30,000
Contribution MarginContribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (18 reviews)
Break event point Break event point Break event point Total Contribution Total Con...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-1119048541
11th Canadian edition Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
Question Posted:
Students also viewed these Cost Accounting questions
-
If a firm has a fixed asset base, meaning that its depreciation and amortization for any year is positive, discuss the relation between its Accounting DOL and its Cash Flow DOL.
-
If a firm has zero debt in its capital structure, is that always an organizational strength? Why or why not?
-
If a firm has diminishing returns to labor over some range of output, it cannot have economies of scale over that range. True or false? Explain briefly.
-
Which of the following is indeterminate at x = 1? x + 1 x-1' 2-1 x + 2 x - 1 x+3-2' x + 1 x+3-2
-
Spherical mirrors. Object O stands on the central axis of a spherical mirror. For this situation, each problem in Table 34-3 gives object distance Ps (centimeters), the type of mirror, and then the...
-
Based on the information in this case, how might Allstate measure the effectiveness of the Mayhem campaign? Once a group of massively boring companies, auto insurance firms were not known for...
-
Identify the common technical requirements for a ceremonial marriage and indicate what the consequence commonly is for failure to comply with a technical requirement.
-
Indicate for each of the following costs whether it is a product cost or a period cost. 1. Wages of aircraft mechanics employed by an airline. 2. Wages of drill-press operators in a manufacturing...
-
The following data shows the beginning cash balance along with the cash transactions for the month of January. Beginning cash balance $ 3,200 Cash payment toward long-term loan 1,000 Cash payment for...
-
Thermodynamics and Thermochemistry 105 [Useful information : 1 J= 1kg m's-2, 1 Pa = 1 kg m s; 1 bar 10 Pa] Given that AS (A +C) = 50 eu AS C + D) = 30 eu AS (D - B) = -20 euwhere, eu is entropy unit...
-
Provide an explanation in support of or refuting the following statement: Humans would never develop natural immunity to a novel biological agent created in a laboratory Explain how super-antigens,...
-
Revenue Recognition Alternatives Each of the following independent situations relates to the recognition of revenue: a. Interest on loans made by a bank b. Interest on loans made by a bank when the...
-
a. Calculate and interpret the odds ratio for the data in Table 6.9. b. Use the data from Table 6.9 and define taking a statistics course (yes) as a success. Conduct a hypothesis test for the...
-
Suppose the economy of India can be represented by the following production function: Y = AK 1/3 L 2/3 . Assume that during 2014, Indias technological growth (Solow residual) is 4%, and the growth...
-
What is a patent? Why do governments grant them?
-
Why may private R&D expenditures be too low?
-
What is the impact of an increase in saving in the Romer model?
-
Suppose two countries have the same growth rates of capital and labor inputs. These factors contribute two percentage points to their respective countries total output growth rates. Output growth...
-
The average density of the moon is a. Lower than that of the earth b. About the same as that of the earth c. Higher than that of the earth d. Unknown
-
According to a New York Times columnist, The estate tax affects a surprisingly small number of people. In 2003, . . . just 1.25 percent of all deaths resulted in taxable estates, with most of them...
-
Rods AB and BC have centers of mass located at their midpoints. If all contacting surfaces are smooth and BC has mass mBC determine the appropriate mass mAB of AB required for equilibrium. Given: mBC...
-
If the potential energy for a conservative two-degree-of-freedom system is expressed by the relation V = ay2 + bx2, where y and x, determine the equilibrium positions and investigate the stability at...
-
If the potential energy for a conservative one-degree-of-freedom system is expressed by the relation V = (ax3 + bx2 + cx + d), determine the equilibrium positions and investigate the stability at...
-
Solve 1. f(x) = ln(2x-1) 2. f(x)=(x-1) 5x3+x 3. f(x) = e+x = 3 4. f(x) = e 5. f(x)=(3x -2x+1) 6. f(x)=2x-2x+3 7. f(x)= 8. f(x) = 1 2x-1 1 (4x + x)
-
4. Assume that country A's saving level is fixed at SA = 10 and country B's saving level is fixed at SB 25. Except the saving level, these two countries share the same economic parameters. In every...
-
How do advanced query planning strategies such as multi-stage optimization, bushy tree optimization, and join order enumeration address the combinatorial explosion of query plan search space,...
Study smarter with the SolutionInn App