+1-415-670-9189
info@expertsmind.com
Determine breakeven total volume of sales and sales volume
Course:- Accounting Basics
Reference No.:- EM131116900




Assignment Help
Assignment Help >> Accounting Basics

1. Gafat Engineering Ethio Plc manufactures two types of TV sets - LCD and CRT - both having only one model. The LCD and CRT television sets sell for Br 9,000 and Br5,000, respectively. The company sells its products through its own stores and other outlets. Total fixed expenses are Br15,000,000 per month. Variable expenses and monthly sales data are given below:

LCD CRT
Variable expenses Br5,000 Br2,000
Monthly sales in units 2,000 3,000
Required: (unless stated figures should be computed for one month)

a) Determine breakeven total volume of sales and sales volume for each product.




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Accounting Basics) Materials
After paying out $225,794 in dividends, the balance went into retained earnings. If the firm's total retained earnings were $846,972, what was the retained earnings on its b
Which of the following best describes the auditors' approach to the audit of the ending balance of property, plant and equipment for a continuing nonpublic client?
Batch totals and hash totals are common input controls. Considering the fact that hash totals can be used with batch processing, differentiate between these two types of con
Certain situations in a work environment open up employees to the possibility of exposure to respiratory hazards. In order for employees to adequately function in these situ
Calculate the amount of interest expense that would be recorded each year. Calculate the depreciation expense that would be recorded each year, using the following depreciatio
Working as a mechanic, Jake's actions are within the scope of his employment. Scope of employment is "the range of conduct and activity within which an employee can reasonab
The market rate at the time of the purchase was 5%, which resulted in Woodwork paying $287,148 for the bonds. Woodwork intends to hold onto the bond to collect contractual c
A Corporation is considering issuing a convertible bond. What is a convertible bond and the advantages of a convertible bond from the standpoint of 1) the bondholder and 2)