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?

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?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Hammer Company has the following sales mix for its three products: Product K, 20%; L, 30%; and M, 50%. Fixed costs total $600,000 and the weighted-average unit contribution margin is $200. How many...

Q:

9. If fixed costs are originally $750,000 and the unit contribution margin is $50, how many units do I need to sell to earn a profit of $100,000 if my fixed costs have increased by $60,000? . 18,200...

Q:

I am trying to find the accurate solution to this general accounting problem with appropriate explanations. Luna Enterprises wants to earn an operating income of $165,000. The company has fixed costs...

Q:

1 Wells Corporation has the following sales mix for its three products: A, 20%; B, 35%; and C, 45%. Fixed costs total $400,000 and the weighted- average contribution margin is $100. How many units of...

Q:

1.What is the underlying assumption for cost-volume-profit analysis? A.Revenues and costs behave in a linear manner B.Costs can be categorized as variable, fixed, or semi-variable C.Worker efficiency...

Q:

Answer what you required according to Malaysian perspective A.What is the underlying assumption for cost-volume-profit analysis? A.Revenues and costs behave in a linear manner B.Costs can be...

Q:

A)What is the underlying assumption for cost-volume-profit analysis? a)Revenues and costs behave in a linear manner b)Costs can be categorized as variable, fixed, or semi-variable c)Worker efficiency...

Q:

1.What is the underlying assumption for cost-volume-profit analysis? A.Revenues and costs behave in a linear manner B.Costs can be categorized as variable, fixed, or semi-variable C.Worker efficiency...

Q:

Contribution margin is: A. the excess of sales revenue over variable cost B. another term for volume in the "cost-volume-profit" analysis C. profit D. the same as sales revenue Salims fixed costs are...

Q:

When direct materials costs per unit are plotted on the vertical axis of a graph and units produced are plotted on the horizontal axis, a unit variable cost appears asa a, vertical straight line. b....

Q:

What is an XBRL taxonomy?

Q:

The same E1 -E2 -E3 multienzyme structure found in the pyruvate dehydrogenase and the -ketoglutarate dehydrogenase complexes is also used in the branched-chain -ketoacid dehydrogenase complex, which...

Q:

The following is displayed on a router after issuing the show ip route command: statements is TRUE regarding this output? Group of answer choices The administrative distance is 2 The administrative...

Q:

Empowerment means Group of answer choices having the responsibility to reach goals. having the authority to reach goals. having the ability to make decisions. having the responsibility and authority...

Q:

Kristopher Martinez notes that it is important to listen to employees. How can an organization effectively do this?

Q:

Youve just been hired by Rim Auto Parts as the manager of its largest store in a major city. Part of your responsibility is to continue to foster an organizational culture that focuses on a healthy...

Q:

You recently started working in a large retail store as a management trainee. You are asked to develop a series of actions to improve employee engagement. What might you consider and why?