Calculate the breakeven point in both units and sales value a. 30,000 plates of fried rice and
Question:
Calculate the breakeven point in both units and sales value
a. 30,000 plates of fried rice and £60,000
b. 180,000 plates of fried rice and £80,000
c. 10,000 plates of fried rice and £180,000
d. 30,000 plates of fried rice and £180,000
You are given the following details regarding the operations of Cheng Hi Fried Rice Restaurant.
Transcribed Image Text:
Fixed costs Selling price of a plate of fried rice Variable costs per plate of fried rice £60,000 £ વા વા £ 6.00 4.00
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
The breakeven point in units can be calculated using the formula Fixed Costs Selling Price per ...View the full answer
Answered By
Labindao Antoque
I graduated in 2018 with a Bachelor of Science degree in Psychology from Dalubhasaan ng Lungsod ng San Pablo. I tutored students in classes and out of classes. I use a variety of strategies to tutor students that include: lecture, discussions about the subject matter, problem solving examples using the principles of the subject matter being discussed in class , homework assignments that are directed towards reinforcing what we learn in class , and detailed practice problems help students to master a concept. I also do thorough research on Internet resources or textbooks so that I know what students need to learn in order to master what is being taught in class .
0.00
0 Reviews
10+ Question Solved
Related Book For
Horngrens Cost Accounting A Managerial Emphasis
ISBN: 9780135628478
17th Edition
Authors: Srikant M. Datar, Madhav V. Rajan
Question Posted:
Students also viewed these Business questions
-
The Famous Shoe Company operates a chain of shoe stores that sell 10 different styles of inexpensive men's shoes with identical unit costs and selling prices. A unit is defined as a pair of shoes....
-
The Light Company manufactures a single type of desk-lamp which has a selling price of 49 per un Annual sales volume is 8,000 units. The company is considering changing its production methods ar...
-
Calculate the breakeven point in units for each product. Product Fixed costs Contribution margin $ 9,000,000 540,000 11,000 20 15,000 150 3,000
-
The advantages of the computerized conversion process model " What is the EOQ model? (For self-study and research) What is JIT? (Self study and research) A firm expects to sell 2000 units of its...
-
How are tools such as a process chart and a worker-machine chart useful?
-
Find two different row-echelon forms of 52 9
-
Consider a European Call option with strike \(K\) and time to expiration \(T\). Denote the price of the call for \(C(S, T)\) and let \(B(T)\) the price of one unit of a zero coupon bond maturing at...
-
In fig. 20-45, charged particles move in the vicinity of a current-carrying wire. For each charged particles, the arrow indicates the direction of motion of the particle, and the + or indicates the...
-
XYZ Corp recorded the following Journal Entry in 2 0 1 9 : CIP 2 8 , 0 0 0 Construction Expenses 1 3 2 , 0 0 0 Revenue 1 6 0 , 0 0 0 The project is 4 5 % complete as of December 3 1 st , 2 0 1 9 ....
-
Double Duty, a combination fertilizer-weed killer, is Alanco's only product. It is sold nationwide through normal marketing channels to retail nurseries and garden stores. Taylor Nursery plans to...
-
Fill in the blanks for each of the following independent cases. Variable Case Revenues Costs $4,250 a. b. C. d. $6,600 $3,500 $2,400 Fixed Costs Total Costs $2,975 $6,000 $1,800 Operating...
-
What are some of the assumptions underlying breakeven analysis in a multiple products environment?
-
Carl owns 100% of the issued shares of Compunet. He incorporated Compunet earlier this year to provide computer consulting services to Vitamins Inc., a retailer of energy-producing vitamins. Prior to...
-
Who is considered a fiduciary under ERISA standards? Describe some of the standards and liabilities of fiduciaries.
-
Except for the payment required, the activities of service wholesalers resemble the activities of what other type of wholesaler?
-
Luca is in finance and likes to stretch the payments towards his bill just before the due dates to not incur interest charges or late payment fees. He gets a kick out of doing this. Luca's credit...
-
Nguyen Ltd. manufactures condensers for air conditioning systems. Nguyen is considering using a thin coating of graphene on each condenser. The graphene is quite expensive. What type of cost would...
-
Write a 1,250-1,500-word essay that thoroughly explores the following questions:Do you believe that removing firearms from otherwise lawful citizens reduces the opportunity for crime? If so, how? If...
-
AG Mechanical is planning to acquire Foster Metal works. Foster's cost of equity is 12%; it is financed 80% by common equity and the remainder by debt at 7%. Foster's tax rate is 30%. Below is a...
-
How do network effects help Facebook fend off smaller social-networking rivals? Could an online retailer doing half as much business compete on an equal footing with Amazon in terms of costs? Explain.
-
Green Paper Delivery has decided to analyze the profitability of five new customers. It buys recycled paper at $ 20 per case and sells to retail customers at a list price of $ 26 per case. Data...
-
Antelope Manufacturing makes a component called A1030. This component is manufactured only when ordered by a customer, so Antelope keeps no inventory of A1030. The list price is $ 115 per unit, but...
-
Rod Manufacturing Company produces metal rods for their customers. Its wholesale division is the focus of our analysis. Management of the company wishes to analyze the profitability of the three key...
-
Voltage Current A 5 kVA, 200/400 V, 50 Hz single-phase transformer gave the following results: Measurement side Power O/C test 200 V 0.7 A 60 W low voltage side S/C test 22 V 16 A 120 W high voltage...
-
An adiabatic capillary tube is used in refrigeration systems to drop the pressure of the refrigerant. If R- 134a enters the capillary tube as a saturated liquid at 70C and leaves at -20C. Determine...
-
An electric current of 5 A passing through a resistor has a measured voltage of 6 V across the resistor. The resistor is cylindrical with a diameter of 2.5 cm and length of 36 cm. The resistor has a...
Study smarter with the SolutionInn App