Consider the following information for the Cornwall Company: Sales price per unit $130 Variable cost per unit

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

Question:

Consider the following information for the Cornwall Company:
Sales price per unit $130
Variable cost per unit 80
Total fixed costs 840,000

How many units must Cornwall sell to break even?

a). 8,400
b). 16,800
c). 7,000
d). 12,000

Related Book For answer-question

Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

See More Books

Posted Date: Jan 24, 2021 04:15 PM

See More Questions

Consider the following information for Sandys Cleaning Service: a. Calculate the weighted planning value for labor hours per job. b. Recalculate the weighted planning value based on a new service mix...
Consider the following information for Covolo Diving Gear: a. Calculate weighted planning values for machine hours and labor hours per gauge set. Interpret these planning values. b. Recalculate the...
Consider the following information for Presidio Inc.'s most recent year of operations. Additional information for Presidio's most recent year of operations follows: Number of units...
What is your perspective on changes in cultural ideals for the female body from that of Marilyn Monroe in the 1950s to top models today?
On July 1, 2014, Agincourt Inc. made two sales: 1. It sold excess land in exchange for a four-year, non-interest-bearing promissory note in the face amount of $1,101,460. The land's carrying value is...
An oxygen __________________ usually consists of a lightweight object, or apparatus, that is moved by the oxygen stream.
The Bonferroni adjustment is made by multiplying the P-value by the number of___________________ . In Exercises 3 and 4, fill in each blank with the appropriate word or phrase.
Woodland Hotels, Inc., operates four resort hotels in the heavily wooded areas of northern California. The resorts are named after the predominant trees at the resort: Pine Valley, Oak Glen, Mimosa,...
Classic Clothing, Inc., is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses on the finishing department. Direct materials are added at...
Your company is competing for business in the toy robot industry Prepare a sales, production, direct materials, and direct labor budget based on the following assumptions Assumptions Q1 Q2 Q4 1....
A infinitely long hollow cylindrial solenoide Radius ae j, (A/m) There are suface current density over the solenoid surface and the degree is 30 as the figure below showne Find the magnetic flux...
The Singer Division of Patio Enterprises currently earns $2.87 million and has divisional assets of $20.5 million. The division manager is considering the acquisition of a new asset that will add to...
Statement: Children from homes with more books have higher reading levels than those that come from homes with less books. The number of books does not cause higher reading levels. Rather, there are...
You have told Robert that he is paying too much in taxes and that you can move some of his income from the 35% MTR to the 25% MTR by arranging for him and Molly to fully split their CPP benefits. If...
In a world of tax, if a firm went from a very low debt level to successively a higher levels of debt, what would happen to share price? Explain your answer.
Given the artificial neural network, perform one training iteration using back-propagation for the input value of (0, 1) using XOR operation. The activation function to be used in the training is the...
Find the absolute minimums and maximums of the following functions on the given intervals f(x) = x-6x+5 f(x) = 2x3 1. 2. on [-2,5] on [-2,1] X f(x) = x-3x+5 f(x) = x+1 3. 4. on [-2,1] on [-4,4] 5....
A non-charmed baryon has strangeness S = 2 and electric charge Q = 0. What are the possible values of its isospin I and of its third component I z ? What is it usually called if I = 1/2?
You are about to borrow $10,000 from a bank at an interest rate of 9% compounded annually. You are required to make five equal annual repayments in the amount of $2,570.92 per year, with the first...
A loan of $20,000 is to be financed to assist a persons college education. Based upon monthly compounding for 48 months, the endofthemonth equal payment is quoted as $520. What nominal interest rate...
The doubledecliningbalance method is to be used for an asset with a cost of $90,000, estimated salvage value of $12,000, and estimated useful life of five years. (a) What is the depreciation for the...
Consider an idealized class-B output stage shown in Figure P8.22. The output stage is to deliver $50 \mathrm{~W}$ of average power to a $24 \Omega$ load for a symmetrical input sine wave. Assume...
Consider an idealized class-B output stage shown in Figure P8.22. (The effective turn-on voltages of devices A and B are zero, and the effective "saturation" voltages of $v_{A}$ and $v_{B}$ are...
Consider the class-B output stage with complementary MOSFETs shown in Figure P8.24. The transistor parameters are $V_{T N}=V_{T P}=0$ and $K_{n}=K_{p}=$ $0.4 \mathrm{~mA} / \mathrm{V}^{2}$. Let...

Consider the following information for the Cornwall Company: Sales price per unit $130 Variable cost per unit

Question:

Expert Answer:

Break even point 16800 units Solution Break even point Fixed ... View the full answer

Fundamentals of Engineering Economics

Students also viewed these finance questions