The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks

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

Question:

The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $44.31. The variable cost per unit is $2103, Poseidon Swim has average fixed costs per year of $28,071.

What is the break-even point in dollar sales?

Posted Date: May 19, 2024 10:15 AM

See More Questions

The following data are for four independent process-costing departments. Inputs are added uniformly. Required: Compute the equivalent units of production for each of the preceding departments using...
The concept of materiality: A. Involves only tangible assets and not intangible assets . B. Relates only to the income statement and not the balance sheet. C. Is always an exact percentage of a...
Applying Percentage of Sales the balance sheet for the Heir Jordan Corporation follows. Based on this information and the income statement in the previous problem, supply the missing information...
Moving average costing Using the moving average method, perpetual inventory costing, and the information presented in E2-5, compute the cost of materials used and the cost of the May 31 inventory....
Explain with an example the difference between dependent and independent demand.
6-12 slides 150-200 words per slide plus answer the other questions Not due until May 7 2016 Respond to the following scenario with your thoughts, ideas, and comments. Be substantive and clear, and...
Am I missing any information in this definition of risk analysts: Risk analysis is the process of detecting and assessing probable future events that may have a negative influence on an organization....
Find four occupations that you think fit the four categories: nonroutine manual jobs; routine manual jobs; routine cognitive jobs and nonroutine cognitive jobs. For each, what is the growth rate in...
1. This activity will need to be observed. The assessor has a checklist of criteria they will base your assessment on. This activity is to be conducted in a real or simulated workplace and will form...
If annual total disposable income is $60,000 and your annual credit card interest is $1,500, using common-size analysis, what is the percentage of your annual credit card interest to total disposable...
In which phase of risk management does the valuation of scenarios occur. Explain in details and provide example.
The electric field of the earth is on average 1 5 0 ???? ???? downward at 1 0 . 0 ???? above the surface. If the earth is modelled as a uniform infinite planar charged object, what is its surface...
Lmite previsible: USD 10 millones Valor Nominal: USD 1,000 Precio Compra: USD 800 Tasa de inters: 5% nominal anual Vida del bono: 4 aos Perodo de pago: Anual Gastos de emisin: 1.5% Redimible a la par...
What is the order p of a B + -tree? Describe the structure of both internal and leaf nodes of a B + -tree.
How do competency-based appraisal systems provide consistency, transparency, and fairness?
What went wrong with the evaluation meeting? Healthrus System had two goals for its annual employee performance evaluations: (1) to motivate employees to work hard and (2) to identify areas in which...
What should Carlos have done to improve the annual evaluation process? Enrique had worked very hard the past four years. He had consistently exceeded the job expectations listed in his employee...

The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks

Question:

Expert Answer:

Students also viewed these finance questions