If fixed costs are $561,000 and the unit contribution margin is $8.00, what is the break-even point
Question:
a. 66,000
b. 70,125
c. 74,800
d. 60,000
Contribution Margin
Contribution 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: 66% (9 reviews)
a 66000 Calculation of Brea...View the full answer
Answered By
Bree Normandin
Success in writing necessitates a commitment to grammatical excellence, a profound knack to pursue information, and a staunch adherence to deadlines, and the requirements of the individual publication. My background comprises writing research projects, research meta-analyses, literature reviews, white paper reports, multimedia projects, reports for peer-reviewed journals, among others. I work efficiently, with ease and deliver high-quality outputs within the stipulated deadline. I am proficient in APA, MLA, and Harvard referencing styles. I have good taste in writing and reading. I understand that this is a long standing and coupled with excellent research skills, analysis, well-articulated expressions, teamwork, availability all summed up by patience and passion. I put primacy on client satisfaction to gain loyalty, and trust for future projects. As a detail-oriented researcher with extensive experience surpassing eight years crafting high-quality custom written essays and numerous academic publications, I am confident that I could considerably exceed your expectations for the role of a freelance academic writer.
5.00+
7+ Reviews
21+ Question Solved
Related Book For
Cost Management A Strategic Emphasis
ISBN: 9781259917028
8th Edition
Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith
Question Posted:
Students also viewed these Managerial Accounting questions
-
If fixed costs increase, but the unit contribution margin stays the same, can we calculate the additional volume needed to break even by dividing the change in fixed costs by the unit contribution...
-
The text suggests that comparing the unit contribution margin of a sports car with an entry-level vehicle is like comparing apples and oranges, but that comparing the contribution margin ratios is a...
-
1. If fixed costs are $750,000 and variable costs are 80% of sales, what is the break-even point in sales dollars? a. $937,500 b. $600,000 c. $3,750,000 d. $1,275,000 2. If fixed costs are $700,000...
-
Dakota Company had net sales ( at retail ) of $ 1 4 4 , 0 0 0 . \ table [ [ , At Cost,At Retail ] , [ Beginning inventory,$ 3 3 , 3 0 0 , $ 6 5 , 6 0 0 es Dakota Company had net sales (at retail) of...
-
McKenna Company has a three-month, $10,000, 8% note receivable from L. Chambers that was signed on June 1, 2015. Chambers defaults on the loan on September 1. Journalize the entry for McKenna to...
-
How can a company evaluate whether it is effectively managing its costs?
-
P 45 Use the Standard Normal Table or technology to find the z-score that corresponds to the cumulative area or percentile. Table 4-Standard Normal Distribution Arca Z 0 Z .09 .08 .07 .06 .05 .04 .03...
-
The Gonzalez Company uses a job order costing system at its plant in Green Bay, Wisconsin. The plant has a machining department and a finishing department. The company uses two cost driver rates for...
-
A spring has a force function of F(x) = 3x, where x is the displacement from the equilibrium position. If an object with a mass of 2 kg is moved from x = 0 to x = 4 meters, how much work is done by...
-
For several years, Kent Company has had a defined benefit contribution plan for its employees. During those years, Kent experienced differences between its expected and actual projected benefit...
-
Nordstrom, Inc is an upscale retailer founded in 1901(see www.nordstrom.com) In Nordstroms 2001 annual report pg 7 a sale managers states Nordstrom has always been defined by the customer experience-...
-
A product sells for $200 per unit, and its variable costs per unit are $130. The fixed costs are $420,000. If the firm wants to earn $35,000 pretax income, how many units must be sold? A) 6,500. B)...
-
In Problems 2132, determine the maximum number of real zeros that each polynomial function may have. Then use Descartes Rule of Signs to determine how many positive and how many negative real zeros...
-
huda wants to buy soda. a 12-pack costs $9.50. she knows that with the local sales tax of $2.00, the total should be $11.50. however. when she gets to the checkout, the total is now $13.00. which...
-
No-Talent Company The books of the No-Talent Corporation are closed monthly. The purchases and sales for the months of January and February are given below: Purchases Date # of Units Cost per Unit...
-
Given this question-Cumulative earnings or Y-T-D earning for Billy Bob is $5872.53 for the week ending April 17 of the current year. Billy Bob is married with five dependents. Social security is 6.2%...
-
At December 31 of the current year, Cart Company has a $16,000 Notes Receivable from a customer. Interest of 5% has accrued for 9 months on the note. What will be reported on the Balance Sheet?
-
I Spy With My LIttle Eyes produces designer sunglasses. Its projected financial information for the next period is as follows: Sales of 50,000 units @ $45 each for a total of $2,250,000 Total...
-
The reactions described in Example 12-7 are to be carried out isothermally at 1000C in the reactor whose RTD is described in Example 17-4 with C A0 = C B0 = 0.05 mol/dm 3 . a. Determine the exit...
-
Sundial Technologies produces and sells customized network systems in New Brunswick. The company offers a 60-day, all software and labor-and an extra 90-day, parts-only- warranty on all of its...
-
Consider the following two-factor model for the returns of three securities. Assume that the factors and epsilons have means of zero. Also, assume the factors have variances of 0.1 and are...
-
An investor recently purchased a corporate bond which yields 9 percent. The investor is in the 36 percent combined federal and state tax bracket. What is the bonds after-tax yield?
-
Corporate bonds issued by Johnson Corporation currently yield 8 percent. Municipal bonds of equal risk currently yield 6 percent. At what tax rate would an investor be indifferent between these two...
-
The Talley Corporation had a taxable income of $365,000 from operations after all operating costs but before (1) interest charges of $50,000, (2) dividends received of $15,000, (3) dividends paid of...
-
This number is the "federal adjusted gross income" according to the line title. What do we call this process of starting our state return with a number from the federal return?
-
What is the main reason for a franchisee to have a contingency fund?
-
Kalan purchased four new tires at Walmart for $1,000 using there "no payments for 12 months plan." About a year later, before Kalan had made any payments, the tires were not performing as well as...
Study smarter with the SolutionInn App