A product is sold at $100 and its contribution margin percentage is 20%. It also has a

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

Question:

A product is sold at $100 and its contribution margin percentage is 20%. It also has a fixed cost of $800,000. What is the breakeven sales revenue?

Posted Date: May 14, 2024 05:29 AM

See More Questions

You invested $1,000,000 into a business and the return (i.e. income/profit) is $100,000. What is the return on investment (ROI)? 2. You invested $2,000,000 into a business and gain a 15% return on...
We have looked at the breakeven calculations for a single-product firm. However, most firms make more than one product - or service. Conceptually, multiple-product breakeven is the same as single...
Ethiopian Civil Service University Department of Public Financial Management and Accounting Advanced Cost and Management Accounting Work Sheet on Chapter I, II and III General instruction: Attempt...
For the following situations, comment on whether inspection by variables or by attributes might be more appropriate: a. Filling packaged food containers to the proper weight. b. Inspecting for...
Use the Simulating the Probability of Head with a Fair Coin applet on the text CD or other software to illustrate the long-run definition of probability by simulating short-term and long-term results...
The South Florida Water Management District (SFWMD) must develop a linear regression model that can be used to estimate the fresh water needs of various com- munities. SFWMD has collected data on 50...
A few years ago Sarah started a business making cookies, cakes, and biscuits and supplying them to coffee shops and cafs. The business has always been profitable, and during 2011 it diversified into...
In the early 1980s, New England Electric System (NEES) was deciding how much to bid for the salvage rights to a grounded ship, the SS Kuniang. If the bid were successful, the ship could be repaired...
Question 1 (25 marks) The Dolly Company ("DolyCo") produces three types of dolls that they sell to the local market. The three dolls namely Pony, Girly and Noku are manufactured from the same...
New Arc Co is a large conglomerate that produces movies and Hanafuda playing cards. Historically, the firm's cash flows have been generated equally by the two business lines. The movie business, New...
A local TV repairs shop uses 36,000 units of a part each year (A maximum consumption of 100 units per working day). It costs P20 to place and receive an order. The shop orders in lots of 400 units....
Barter corporation has been buying Product BB in lots of 4 800 units. This number is good for four months supply. The cost per unit is P 300 and the cost per order is P 600. The annual carrying cost...
You have cleaned one portion of cuttlefish and obtained a net yield of 120g which equates to 43%. How much raw cuttlefish did you have before preparation?
explain why some manufacturing companies are able to allocate electric power costs to production cost centres whereas others can only apportion them?
How should Electricity Company of Ghana, Danyame branch perform to satisfy their customers effectively? How to identify Electricity Company of Ghana, Danyame branch - CRM performance and to make...
The standard costs and actual costs for factory overhead for the manufacture of 2,800 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours)..3 hours per...
B.) What is the approximate concentration of free Zn 2+ ion at equilibrium when 1.0010 -2 mol zinc nitrate is added to 1.00 L of a solution that is 1.080 M in OH - . For [Zn(OH) 4 ] 2- , K f = 4.610...
Solve for the response for all time of an underdamped oscillator that is driven by the forcing function shown in (a) Figure 4.34, and (b) Figure 4.35. Use the convolution integral. -2.0 -1.5 -1.0 1...
Resolve Problem 19 including damping. Discuss the importance of damping by comparing the two results. Problem 19: Structures are sometimes subjected to very rapidly applied loads of extremely short...
Use Lagrange's equation to derive the equation of motion for the simple pendulum of Example 4.15, except here assume that the mass $m$ is suspended on a rigid bar that is connected to the support...

A product is sold at $100 and its contribution margin percentage is 20%. It also has a

Question:

Expert Answer:

A classic breakeven analysis Lets break it down 1 Contribution ma... View the full answer

Students also viewed these accounting questions