Calculate the company break-even point in unit sales

Assignment Help Financial Accounting
Reference no: EM131258126

Jaffre Enterprises distributes a single product whose selling price is $16.00 and whose variable expense is $10.80 per unit. The company’s fixed expense is $17,160 per month.

Required:

1. Calculate the company’s break-even point in unit sales.

Reference no: EM131258126

Questions Cloud

Break-even point in unit sales using the formula method : Mauro Products distributes a single product, a woven basket whose selling price is $18 and whose variable expense is $15.66 per unit. The company’s monthly fixed expense is $6,786. Solve for the company’s break-even point in unit sales using the equa..
Satisfactory statement of the accounting equation : Which of the following is NOT a satisfactory statement of the accounting equation? Assets = Liabilities + Owners' Equity Assets - Owners' Equity = Liabilities Assets = Liabilities - Owners' Equity Owners' Equity = Assets - Liabilities
Compute the depreciation schedule for this asset : A depreciable asset costs $10,000 and has an estimated salvage value of $1600 at the end of its 6-year depreciable life. Compute the depreciation schedule for this asset by both SOYD depreciation and DDB depreciation.
What is the companys contribution margin ratio : Last month when Holiday Creations, Inc., sold 42,000 units, total sales were $306,000, total variable expenses were $260,100, and fixed expenses were $39,300. What is the company’s contribution margin (CM) ratio?
Calculate the company break-even point in unit sales : Jaffre Enterprises distributes a single product whose selling price is $16.00 and whose variable expense is $10.80 per unit. The company’s fixed expense is $17,160 per month. Calculate the company’s break-even point in unit sales.
Treat guaranteed payments they receive from a partnership : Which of the following is true regarding how partners treat guaranteed payments they receive from a partnership?
How is fedexs location a competitive advantage : How is FedEx's location a competitive advantage? Discuss ? Why do so many U.S. firms build facilities in other countries? Why do so many foreign companies build facilities in the U.S.? What is clustering?
Modify given program to automatically repeat process x time : Modify the program to automatically repeat the process X times, where X is specified by user. Include meaning prompts, messages, and additional comments.
How is fedexs location a competitive advantage : How is FedEx's location a competitive advantage? Discuss ? Why do so many U.S. firms build facilities in other countries? Why do so many foreign companies build facilities in the U.S.? What is clustering?

Reviews

Write a Review

 

Financial Accounting Questions & Answers

  Journal entry reflects the following transaction

Which journal entry reflects the following transaction?:

  Economic breakeven number of units for this operation

Three students are considering operating a fruit smoothie stand during their summer break. This is an alternative to summer employment with a local firm, where they would each earn $6,000 over the three-month summer period. Their fruit smoothies woul..

  Determine the sales volume in dollars and units

Determine the sales volume in dollars and units required to earn the desired profit and determine the break-even point in units and dollars.

  What is balance of miles capital account at the end of yr

Each partner had a beginning capital balance of $120,000. Any remaining net income or net loss is shared equally. What is balance of Miles' Capital account at the end of the year after net income has been distributed?

  Affiliated group has gross income from operations

Jasper Co. which is not a member of an affiliated group has gross income from operations of $425,000, and deductible expenses of $390,500. Dividends of $275,000 were received from more than 20% owned U.S. corporations.

  Prepare ai journal entry to record the issuance

Corporation issued 100,000 shares of $20 par value, cumulative, 8% preferred stock on January 1, 2009, for $2,100,000. In December 2011, AI declared its first dividend of $500,000.

  Direct labor-hour and according to the standards

Mate Corporation's standard wage rate is $11.90 per direct labor-hour (DLH) and according to the standards, each unit of output requires 4.5 DLHs. In May, 2,900 units were produced, the actual wage rate was $11.50 per DLH, and the actual hours were 1..

  Compute depreciation expense under each of the method

Muggsy Bogues Company purchased equipment for $212,000 on October 1, 2014. It is estimated that the equipment will have a useful life of 8 years and a salvage value of $12,000. Estimated production is 40,000 units and estimated working hours are 20,0..

  The interest rate charged by the lessor

Red Co. recorded a right-of-use asset of $135,000 in a 10-yearType A lease. Payments of $21,971 are made annually at the end of each year. The interest rate charged by the lessor was 10%. Under the new ASU, the balance in the lease payable after two ..

  Prepare the detailed audit plan for examination

Prepare the detailed audit plan for the examination of the three accounts composing the stockholders’ equity section of Pate Corporation’s balance sheet.

  What is the approximate net present value of this project

A company has a minimum required rate of return of 10%. It is considering investing in a project that costs $210,000 and is expected to generate cash inflows of $85,000 at the end of each year for four years. The approximate net present value of t..

  Equation method-determine for the unit sales

Lin Corporation has a single product whose selling price is $140 and whose variable expense is $70 per unit. The company’s monthly fixed expense is $31,900. Using the equation method, determine for the unit sales that are required to earn a target pr..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd