Question: Sales total $250 000 when variable costs total $187 500 and fixed costs total $40 000. The break-even point in sales dollars is?

Sales total $250 000 when variable costs total $187 500 and fixed costs total $40 000. The break-even point in sales dollars is?

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:

The statements of financial position of Mars plc and Jupiter plc at 31 December 20X2 are as follows: Statements of comprehensive income for the year ended 31 December 20X2 Mars acquired 80% of the...

Q:

Monty Co., a manufacturer of rain barrels, had the following data for 2016. Sales 2,800 units Sales price $50 per unit Variable costs $20 per unit Fixed costs $70,560 What is the break-even point in...

Q:

In the annual report to shareholders, a manufacturing company reported total gross sales of $7,200,000, total variable costs of $4,320,000, and total fixed costs of $2,500,000. Determine break-even...

Q:

RODY NOGRALES is considering opening a Rody Oil Change Center. He estimates that the following costs will be incurred during his first year of operations: Rent $6,000, Depreciation on equipment...

Q:

Problem 1. RODY NOGRALES is considering opening a Rody Oil Change Center. He estimates that the following costs will be incurred during his first year of operations: Rent $6,000, Depreciation on...

Q:

Your client manages a daycare center. Costs are as follows: Food costs $ 90 Rent36,000 Salaries80,000 Material costs60 Taxes20,000 Insurance12,000 Miscellaneous8,000 You currently charge $ 500 per...

Q:

Required information [The following information applies to the questions displayed below.] Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in...

Q:

Need help answering Question 15 4 pts Narrows Co. is considering the production and sale of a new product line with the following sales and cost data: unit sales price $125; unit variable costs $75;...

Q:

title: Managerial Accounting kindly give complete and detailed answer Mr. Sami anticipates that he can provide the oil change service with a filter at $20.00 each. Instructions (a) Using the high-low...

Q:

Bill Braddock is considering opening a Fast 'n Clean Car Service Center. He estimates that the following costs will be incurred during his first year of operations: Rent $9, 200, Depreciation on...

Q:

The Honda Bicycle Company is considering the production and sale of a new bike model with the following sales and cost data: unit sales price $375; unit variable costs $250; and total fixed costs of...

Q:

It is estimated that on average one match in five in the Football league is drawn and that one match in two is a home win. a) Twelve matches are selected at random. Calculate the probability that the...

Q:

Fred has a PAP with the following coverages: Liability coverages: $100,000/$300,000/$50,000 Medical payments coverage: $5000 each person Uninsured motorists coverage: $25,000 each person Collision...

Q:

As an HR manager, you were tasked to conduct due digehce of a potennal merger apportanity for your company. As you revicwed the financial statements of that company, you nobiced that they have...

Q:

Which project management tool uses the analogy "skateboard - bicycle - motorcycle - car"? Group of answer choices Scrum Waterfall Fate - Gate Star - gate

Q:

Read the sections on expectancy, equity and goal- setting theories of motivation: 1 Which theory, or combination of theories, is most helpful in explaining your reaction to the rewards your...

Q:

1 W hat are the different reasons that companies might have for initiating training? McDonalds, the fast food chain, employs around 67,000 people in the UK. Although some argue there is a negative...

Q:

1 What theories are implicit in these reward systems?