Biossom Corp. had total variable costs of $223200, total fwed costs of $136.400, and total revemues...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Biossom Corp. had total variable costs of $223200, total fwed costs of $136.400, and total revemues of $372.000. Compute the required sales in dollars to break even. Required sales S eTextbook and Media Last saved 5 minutes ago Attempts: unlimited Submi Save for Later Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes Biossom Corp. had total variable costs of $223200, total fwed costs of $136.400, and total revemues of $372.000. Compute the required sales in dollars to break even. Required sales S eTextbook and Media Last saved 5 minutes ago Attempts: unlimited Submi Save for Later Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes
Expert Answer:
Answer rating: 100% (QA)
Answer is 341000 Explanation BreakEven Sales in dollars Total Fixed Cost Contribution M... View the full answer
Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
Posted Date:
Students also viewed these accounting questions
-
Dugan Corp. had total variable costs of $180,000, total fixed costs of $160,000, and total revenues of $300,000. Compute the required sales in dollars to break even.
-
Molle Corp. had total variable costs of $170,000, total fixed costs of $120,000, and total revenues of $250,000. Compute the required sales in dollars to break even.
-
Acorn Corp. had total variable costs of $180,000, total fixed costs of $170,000, and total revenues of $300,000. Compute the required sales in dollars to break even.
-
A construction company is considering taking on a new project. The total project cost is $5 million, and there is a 70% chance that the project will be completed on time and within budget, resulting...
-
Discuss the concept of time-style. Based on your own experiences, how might consumers we segment consumers in terms of their time-styles?
-
Jake and Paul run a paper company. Each week they need to produce 1,000 reams of paper to ship to their customers. The paper plant's long-run production function is Q = 4K0.75L0.25, where Q is the...
-
What is the purpose of financial statements? Would you want to produce them even if they were not required, say, for entity tax reporting?
-
Lee Wong, CPA, is auditing the financial statements of the Alexandria Corporation, which has a batch-processing IT-based system for shipping and invoicing that it purchased from a software vendor....
-
What role do institutions and governance systems play in fostering an environment conducive to empowerment, and how can these structures be reimagined to better serve marginalized populations ?
-
Analyze, Forecast, and Interpret Income Statement and Balance Sheet Following are the income statement and balance sheet of ADP Inc. Note: Complete the entire question using the following Excel...
-
Supply and Demand Data for Ice Cream (one gallon containers) Price QD Os QD1 $2.00 700 300 $2.50 600 400 $3.00 500 500 $3.50 400 600 $4.00 300 700 $4.50 200 800 Graph the data in the blank space...
-
The following monthly effluent constituent concentrations have been obtained from four different existing activated sludge treatment plants. Each of these plants is to be replaced with a new plant to...
-
You will meet the equations describing bending beams in the module but do not need to know their derivation to be able to answer this question. The deflection, d, is described by the following...
-
1) Design a combinational circuit with three inputs, x, y and z, and three outputs, A, B, C. When the binary input is 0, 1, 2, or 3, the binary output is one greater than the input. When the binary...
-
Build numerical model for the spread of an infectious disease built upon the SIR model for transmission. The model should be based on a daily time step. (a) Assume that a city of 10 million people is...
-
The rise in US interest rates brought an increase in the government's external debt service obligations (debt service comprises interest, coupons, and principal). Identify where cross-border interest...
-
In order to establish probable cause, it is necessary for the officer seeking a search warrant to have personal knowledge of the facts stated in the affidavit. True flase
-
Draw the major product for each of the following reactions: (a) (b) (c) 1) 9-BBN 2) H2O2, NaOH 1) Disiamylborane 2) H20, NaOH
-
Match the statement with the term most directly associated with it. a. Goodwill b. Intangible assets c. Development expenses d. Amortization e. Franchises f. Development costs 1. ______ Rights,...
-
Each day, Lixia Ltd. processes 1 ton of a secret raw material into two resulting products, AB1 and XY1. When it processes 1 ton of the raw material, the company incurs joint processing costs of...
-
A job order cost sheet for Koskinen SE is shown below. Instructions a. On the basis of the foregoing data, answer the following questions. 1. What was the balance in Work in Process Inventory on...
-
A gastrotrich is a small aquatic organism with a life span of about 3 days, and a giant tortoise has an average life span of 100 years. Make an order-of-magnitude estimate of the number of...
-
A planar shape is formed by joining the ends of four straight-line segments, two with length \(\ell\) and two with length \(2 \ell\). No loose ends are allowed, but crossings are allowed, and only...
-
Four straight-line segments of length \(\ell\) lie in a plane and do not cross. One end of segment 1 is connected to one end of segment 2 such that they form a \(30^{\circ}\) interior angle. The...
Study smarter with the SolutionInn App