Fixed costs are 5,000. Variable cost per unit is 3 and the unit selling price is 5.50.

Question:

Fixed costs are £5,000. Variable cost per unit is £3 and the unit selling price is £5.50. What is the break-even volume of sales?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial And Management Accounting An Introduction

ISBN: 9781292244419

8th Edition

Authors: Pauline Weetman

See More Books

Question Posted: Sep 29, 2021 02:06 AM

See More Questions

2. After being closed for a long time, the switch in the circuit opens at t= 0. Given the time constant, T = ReqCeq, the steady-state response, v = v(o), and the initial voltage, Vo vc (0*),...
Selling price per unit $750 Variable cost per unit $450 Annual fixed cost $180,000 Net income after tax $360,000 Tax rate 25% 1)Reduce the selling price by $60. The sales team forecast that with a...
The variable cost per unit varies with output, whereas the fixed cost per unit is constant." Do you agree? Explain.
A Moving to another question will save this response. Question 9 1 L The absent of the logic action Release in the Resource Module means: The operator will rework the entity a. b. C. The operator...
Compute the effective annual rate of interest (a) For 4.5% compounded monthly; (b) At which $2000 will grow to $3000 in seven years if compounded quarterly.
On June 1, 20--, a depreciable asset was acquired for $6,840. The asset has an estimated useful life of six years (72 months) and no salvage value . Using the straight-line depreciation method,...
Hasan holds 100% of the shares in Behmoth Ltd and he is also a director of Lion Ltd. All of the shares in Lion Ltd are held by Singa Ltd. Required Determine the related party relationships for each...
(a) Harriet Pandel, an employer, is subject to FICA taxes but exempt from FUTA and SUTA taxes. During the last quarter of the year, her employees earned monthly wages of $16,900, all of which is...
(a) (b) (c) Small business owners are discovering that social media marketing is quickly becoming an important method for driving business growth. While the idea of using "free tools" to drive...
The following is a stem-and-leaf display representing the amount of gasoline purchased, in gallons (with leaves in tenths of gallons), for a sample of 25 cars that use a particular service station on...
Dairy products Ltd has recently developed sales of cream in aerosol dispensers which are sold alongside the companys traditional products of cartons of cream and packets of cheese. The company is now...
As a group you are planning a garden renovation service to take advantage of the current popularity of television programmes dealing with garden design. Within the group, allocate the following...
Find the functions (a) f t, (b) t f , (c) f f, (d) t t and their domains. f(x) = 1/x, g(x) = x + 1
c. You have RM300,000 and you expect to retire at the end of this year. You also expect to live for another 25 years, and to be able to earn 8% on your invested funds. How much could you withdraw at...
Many firms use derivative instruments to hedge exposure to changes in the fair value of an asset or liability, or to hedge exposure to variability in expected future cash flows. As an analyst...
Find f(x) if f(x) = and f(1) = 4.
a. As the plan is not a safe harbor plan, the general rule is met as the highest allocation rate for any HCE is greater than the lowest allocation rate for any NHCE. True False. Regardless of your...
The December 31, 2024 balance sheet of Cullumber Co. included the following items: 10% bonds payable due December 31, 2030 $5,006,000 Unamortized discount on bonds payable 420,504 On January 1, 2025,...
A parallel plate capacitor has a capacitance of 2.0 F and plate separation of 1.0 mm. (a) How much potential difference can be placed across the capacitor before dielectric breakdown of air occurs...
What is the expected payoff of an investment that yields $5,000 with a probability of 0.15 and $500 with a probability of 0.85? Select one: O a. $325 O b. $5,500 O c. $2,750 O d. $1,175
Define an asset and explain each part of the definition?
Define an asset and explain each part of the definition?
Define an asset and explain each part of the definition?
If a specimen dug up in a secret location originally contained 200 g of cobalt 57 and now contains 80 g, approximately how old is the specimen? Answer (accurate to 2 significant digits): 360 days....
The physical length of the ruler as a fraction of the circumference of the big circle is the same as the angular length of the ruler as a fraction of 360: length circumference = 0 360 Since...
To form a hydrogen atom, a proton is fixed at a point and an electron is brought from far away to a distance of 0.529 x 10-10 m, the average distance between proton and electron in a hydrogen atom....

Fixed costs are 5,000. Variable cost per unit is 3 and the unit selling price is 5.50.

Question:

Step by Step Answer:

Formula Breakeven quantity Fi...View the full answer

Financial And Management Accounting An Introduction

Students also viewed these Business questions