If fixed costs are $300,000 and the unit contribution margin is $20, how many units must be

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

Question:

If fixed costs are $300,000 and the unit contribution margin is $20, how many units must be sold in order to have a zero profit?
300,000
30,000
15,000
20,000

Related Book For answer-question

Managerial Accounting An Introduction to Concepts Methods and Uses

ISBN: 978-0324639766

10th Edition

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil

See More Books

Posted Date: Jun 25, 2022 11:13 PM

See More Questions

Which of the following is not an example of a cost that varies in total as the number of units produced changes? a.Electricity per KWH to operate factory equipment b.Supervisor salary c.Wages of...
If fixed costs are $300,000, sales revenue is $50 per unit and variable costs are $30 per unit, how many units must be sold in order to break-even?
A partial income statement of IBN Corporation for Year 0 follows. The company uses just-in-time inventory, so production each year equals sales. Each dollar of finished product produced in Year 0...
The per-unit cost of an item is its average total cost (5 total cost/quantity). Suppose that a new cell phone application costs $100,000 to develop and only $.50 per unit to deliver to each cell...
From the ledger accounts prepared for P15-8, prepare a trial balance. Extend the trial balance to an eight-column work sheet like that shown in Table 15-16 , and use the work sheet to prepare the...
Simplify each inequality if needed. Then determine whether the statement is true or false. VI 77
As in Example 2.1, camera recycle times might use the sample space $S=R^{+}$, the set of positive real numbers. Let \[ E_{1}=\{x \mid 10 \leq x <12\} \quad \text { and } \quad E_{2}=\{x \mid 11 0\}...
Terrys Concrete acquired 20% of the outstanding common stock of Blakeley, Inc. on January 1, 2010, by paying $1,100,000 for 40,000 shares. Blakeley declared and paid a $0.50 per share cash dividend...
Venty that Rolle's Theorem can be applied to the function f(x)=23-11z + 36z - 36 on the interval [2,6] Then find all values of c in the interval such that f' (c) = 0. Enter the exact answers in...
Use the following information for the remainder of the questions. Dan has finally decided to create his own product line of cat related items hosted at his new business the Cat Empurrium. Dan wants...
Before sampling, a first order low-pass Butterworth filter (f. = 100 Hz) will be used as an anti-aliasing filter (N = 1). a) Assuming that the input range of a 12-bit ADC is 5 volts determine the...
What two rules guide communication? Why is appropriateness important when communicating? Share an example of a time when you experienced inappropriate communication. Who was the communicator? Why was...
People who are viewed as having cultural competence are usually masters of a practice known as ___________, which asks others if their sense of understanding is correct or incorrect.
Discuss the KEYS process introduced in this chapter. What are the four KEYS features?
Explain the difference between external noise and internal noise.
List the different types of questioning used to gather information about an organizational culture.
Briefly describe a nation's court jurisdiction over international disputes?
Imagine a sound wave with a frequency of 1.10 kHz propagating with a speed of 330 m/s. Determine the phase difference in radians between any two points on the wave separated by 10.0 cm.
What is the internal rate of return on the following projects, each of which requires a $20,000 cash outlay now and returns the cash flows indicated? a. $10,426.72 at the end of Years 1 and 2. b....
Using the data in exercise 24, construct a cost of quality report for Year 1 and Year 2. Data From Exercise 24 Hien Corporation manufactures copy machines. The following table presents financial...
Refer to the Managerial Application United Airlines Uses Regression to Estimate Cost Behavior. What independent variables did the analysts use in the regression? What did the analysts who developed...
(a) Assuming that the total number of microstates accessible to a given statistical system is $\Omega$, show that the entropy of the system, as given by equation (3.3.13), is maximum when all...
What trends are occurring in outpatient and long-term care?
What are some different types of hospitals, and what trends are occurring in the hospital industry?

If fixed costs are $300,000 and the unit contribution margin is $20, how many units must be

Question:

Expert Answer:

Breakeven point ie ... View the full answer

Managerial Accounting An Introduction to Concepts Methods and Uses

Students also viewed these accounting questions