Question: Juniper Enterprises sells handmade clocks. Its variable cost per clock is $16.00, and each clock sells for $32.00. The company's fixed costs total $19,440. Suppose

Juniper Enterprises sells handmade clocks. Its variable cost per clock is $16.00, and each clock sells for $32.00. The company's fixed costs total $19,440. Suppose that Juniper raises its price by 40 percent, but costs do not change. What is its new break-even point? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.)

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!

M6-5 (Algo) Analyzing Changes in Price Structure [LO 6-1, 6-4] Juniper Enterprises sells handmade clocks. Its variable cost per clock is $16.00, and each clock sells for $32.00. The company's fixed...

Juniper Enterprises sells handmade clocks. Its variable cost per clock is $8.50, and each clock sells for $17.00. The companys fixed costs total $10,328. Suppose that Juniper raises its price by 40...

Required: Juniper Enterprises sells handmade clocks. Its variable cost per clock is $13.20, and each clock sells for $22.00. The company's fixed costs total $12,320. Suppose that Juniper raises its...

Juniper Enterprises sells handmade clocks. Its variable cost per clock is $9.50, and each clock sells for $19.00. The company's fixed costs total $12,825. Suppose that Juniper raises its price by 40...

M6-7 (Algo) Analyzing Changes in Cost Structure [LO 6-1, 6-4) Juniper Enterprises sells handmade clocks. Its variable cost per clock is $8, and each clock sells for $32. The company's fixed costs...

Required: Juniper Enterprises sells handmade clocks. Its variable cost per clock is $12, and each clock sells for $48. The company's fixed costs total $9,344. Suppose that Juniper's variable costs...

please help me answer parts a-e will gove thumbs up! M6-3 (Static) Calculating Contribution Margin and Contribution Margin Ratio, Finding Break-Even Point [LO 6- 1) Juniper Enterprises sells handmade...

1. M6-4 (Algo) Determining Sales Needed to Achieve a Target Profit [LO 6-2] Juniper Enterprises sells handmade clocks. Its variable cost per clock is $13.20, and each clock sells for $22.00. The...

Required: Juniper Enterprises sells handmade clocks. Its variable cost per clock is $18.90, and each clock sells for $27. Calculate Juniper's contribution margin per unit and contribution margin...

Juniper Enterprises sells handmade clocks. Its variable cost per clock is $8.80, and each clock sells for $22. Calculate Juniper's contribution margin per unit and contribution margin ratio. If the...

Design a finite state machine for an elevator. The elevator can be at one of two floors: first or second. There is two buttons that controls the elevator SW1 and SW2. Also, there are two lights in...

Holiday industries stock has a beta of 1.20. The company just paid a dividend of $0.80, and the dividends are expected to grow at 6 percent. The expected return of the market is 12.5 percent, and...

How to structure a keep-or-drop product-line problem with complementary effects?

Which of the following is NOT a criteria for evaluating sources of information? Group of answer choices Is the supporting material relevant Is the supporting material verifiable Is the supporting...

3-7 Why are disruptive technologies so difficult for even the companies that develop them?

3-6 It has been said that the advantage that leading- edge retailers such as Dell and Walmart have over their competition isnt technology; its their management. Do you agree? Why or why not?

3. Are there any disadvantages to mining customer data? Explain your answer. With the amount of data available to companies doubling every year, new sources of data, and innovations in data...