Thompson Company has the following revenue and cost functions: Revenue = $60 per unit Costs = $241,750
Question:
Revenue = $60 per unit
Costs = $241,750 + $35 per unit
What is the break-even point in units? In dollars?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
Contribution margin 6035 25 Fixed cost 241750 Breakeve...View the full answer
Answered By
Mustafa olang
Please accept my enthusiastic application to solutionInn. I would love the opportunity to be a hardworking, passionate member of your tutoring program. As soon as I read the description of the program, I knew I was a well-qualified candidate for the position.
I have extensive tutoring experience in a variety of fields. I have tutored in English as well as Calculus. I have helped students learn to analyze literature, write essays, understand historical events, and graph parabolas. Your program requires that tutors be able to assist students in multiple subjects, and my experience would allow me to do just that.
You also state in your job posting that you require tutors that can work with students of all ages. As a summer camp counselor, I have experience working with preschool and kindergarten-age students. I have also tutored middle school students in reading, as well as college and high school students. Through these tutoring and counseling positions, I have learned how to best teach each age group. For example, I created songs to teach my three-year-old campers the camp rules, but I gave my college student daily quizzes to help her prepare for exams.
I am passionate about helping students improve in all academic subjects. I still remember my excitement when my calculus student received her first “A” on a quiz! I am confident that my passion and experience are the qualities you are looking for at solutionInn. Thank you so much for your time and consideration.
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Cost Accounting Traditions and Innovations
ISBN: 978-0324026450
4th edition
Authors: Barfield Jesse, Raiborn Cecily, Kinney Michael
Question Posted:
Students also viewed these Managerial Accounting questions
-
Feathers Company makes 100,000 units of a particular product, out of a capacity os 150,000 units. At the production level of 100,000 units, the company has the following revenue and cost components:...
-
Galati Products, Inc., has just purchased a small company that specializes in the manufacture of electronic tuners that are used as a component part of TV sets. Galati Products, Inc., is a...
-
Monets Prints has the following revenue and cost functions: Revenue = $60 per unit Cost = $120,000 + $30 per unit a. What is the break-even point in units? b. What is the break-even point in dollars?
-
Find the first derivatives. f(P) = P 3 + 3P 2 - 7P + 2
-
On January 1, 2006 Mykoo Corporation issued $1 million in five-year, 10% serial bonds to be repaid in the amount of $200,000 on January 1, 2007, 2008, 2009, 2010, and 2011. Interest is payable at the...
-
Refer to the previous exercise. a. For the null hypothesis, H0: 1 = 2, show that t = 2.62 and the two-sided P-value = 0.059. Interpret. b. What decision would you make in the test, using a (i) 0.05...
-
Mr. Prestages foot and lower leg were caught in a combine manufactured by defendant SperryNew Holland. He and his wife sued Defendant for damages arising out of the accident. Their first cause of...
-
Lynda Hines opened Fresh Step Carpet Cleaners on March 1. During March, the following transactions were completed. Mar. 1 Stockholders invested $14,000 cash in the business in exchange for common...
-
Elaborate on why you feel that the chosen concept Tariffs is most important in relation to the wine and spirit industry. How does this affect you as a sales associate working in the wine and spirit...
-
A sequential application with a 20% part that must be executed sequentially, is required to be accelerated three-fold. How many CPUs are required for this task? How about five-fold speedup?
-
The following financial data have been determined from analyzing the records of Jordan Appliances (a one-product firm): Contribution margin per unit.......................... $ 25 Variable costs per...
-
Brunswick Industries has annual sales of $2,500,000 with variable expenses of 60 percent of sales and fixed expenses per month of $40,000. By how much will annual sales have to increase for Brunswick...
-
Raleigh Corp. has an investment with a carrying value (equity method) on its books of 170,000 representing a 30% interest in Borg Company, which suffered a 620,000 loss this year. How should Raleigh...
-
You notice that an expense account you added to the chart of accounts a while ago, now has a lock symbol next to it. What's the reason for this?
-
What are social movements and what roles have they played in the creation of the modern world?
-
Before getting too far into the readings this on schools week, please reflect back on your own Kindergarten-12th- grade educational experience: How did your schooling influence your socialization?...
-
what is the debt to equity ratio (Book)? Assets 202X 202Y Cash and cash equivalents $256,009 $275,000 Short-term investments 2,765 2,599 Accounts Receivable 82,518 74,560 Inventories 36,950 40,500...
-
What is structural racism is--how the race was structured into society--and the different ways in which race affects people's lives (past and present) because of structural inequalities. Most...
-
Clouds consist of a. water droplets at all altitudes b. ice crystals at all altitudes c. water droplets at low altitudes and ice crystals at high altitudes d. ice crystals at low altitudes and water...
-
Grace is training to be an airplane pilot and must complete five days of flying training in October with at least one day of rest between trainings. How many ways can Grace schedule her flying...
-
Two alternatives are being considered: If the minimum attractive rate of return is 7%, which alternative should be selected? A B $5000 First cost $9200 Uniform annual benefit Useful life, in years...
-
Jean has decided it is time to purchase a new battery for her car. Her choices are: Jean believes the batteries can be expected to last only for the guarantee period. She does not want to invest...
-
Two alternatives are being considered: Base your computations on a MARR of 7% and an 8-year analysis period. If identical replacement is assumed, which alternative should be selected? Initial cost...
-
respond to the following : Hi Kassim, "Given that you have successfully applied these steps to pay down your car loan faster, how would you adapt this financial plan if you were to encounter a...
-
The Impact of Artificial Intelligence in the Accounting Profession: Challenges and Opportunities: The accounting profession has been undergoing significant transformations with the advent of...
-
The following is an alphabetical list of accounts and balances for J. Robinson, proprietorship at June 30, 2024 Accounts Payable $13,300 Notes Payable $31, 800, Accounts Receivable $10, 850 Prepaid...
Study smarter with the SolutionInn App