+1-415-670-9189
info@expertsmind.com
Minist company sells a single product at a selling price
Course:- Accounting Basics
Reference No.:- EM13601454





Assignment Help >> Accounting Basics

Minist Company sells a single product at a selling price of $15.00 per unit. Last year, the company's sales revenue was $225,000 and its net income was $18,000. If fixed expenses total 72,000 for the year, the break-even point in unit sales was?




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Accounting Basics) Materials
Was the selection of the college as an income beneficiary a wise decision by Campbell's grantor? Comment specifically concerning the tax effects of the trust's cost recovery
Which of the following industries is likely to have the lowest costs of financial distress? Which of the following industries likely to have the highest costs of financial dis
BE 7-11 Arness Woodcrafters sells $250,000 of receivables to Commercial Factor, Inc. on a with recourse basis, Commercial assesses a finance charge of 5% and retains an amount
Determine the present value of the bonds at issuance. Assume that bonds are issues at the price computed in requirement 1. Prepare an effective-interest method amortizatio ta
Comparative balance sheet accounts of Marcus Inc. are presented below. Compute net cash flow from operating activities using the direct method. Prepare a statement of cash flo
Were the earnings impressive because of the company's productivity and sound business strategy or because LucidCom took advantage of an acquisition and toyed with financial
Soft Cushion Company (SCC) is highly decentralized. Each division is empowered to make its own sales decisions. The Assembly Division can purchase a key component-stuffing-fro
The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 30,000 direct