What is the company overall break-even point

Assignment Help Financial Accounting
Reference no: EM13135959

Shirley Inc produces and sells two products. During the most recent month, Product X sales were $25,000 and its variable expenses were $5,750. Product Y sales were $40,000 and its variable expenses were $9,850. The company's fixed expenses were $48,310.

What is the company's overall break-even point?

Reference no: EM13135959

Questions Cloud

Determine the tax consequences of the stock redemption : White Corporation decides to discontinue the business and distributes all of the $4 million of insurance proceeds collected as a result of the fire to Helen and Gray Corporation in redemption of 20 shares of stock from each shareholder. Determine ..
The land should be capitalized at what amount : Miser received $6,000 for selling scrap when an existing building on the property was removed from the site. Based on these facts, the land should be capitalized at what amount?
How much sio2 would be produced : 14 g of Si reacts with 16 g of O to produce SiO2, the only product, with no reactant left over. How much SiO2 would be produced from 34 g of Si and excess O?
Texas constitution of 1875 : What circumstances might these people, living in 1875 have envisioned as typical in a bankruptcy proceeding?
What is the company overall break-even point : Product Y sales were $40,000 and its variable expenses were $9,850. The company's fixed expenses were $48,310. What is the company's overall break-even point?
Describes themanner in which barnum company will report : On December 1, 2011, Barnum Company (a U.S. -based on company) entered into a three-month forward contract to purchase 1,000,000 ringgits on March 1, 2012. The following U.S. dollar per ringgit exchange rates apply.
Boswell break-even point in units : Sales (50,000 units) $1,000,000, direct materials and direct labor $500,000, other variable costs $50,000, and fixed costs $180,000. What is Boswell break-even point in units?
Questions-american congress-constitution : Was part of the reason for a two-house legislature the idea that it would be more difficult to pass legislation, therefore serving as a check on a runaway legislature?
What was the amount of the translation adjustment : Darron Co. was formed on January 1, 2009 as a wholly owned foreign subsidiary of a U.S. corporation. Darron’s functional currency was the stickle €. The following transactions events occurred during 2007: What was the amount of the translation ad..

Reviews

Write a Review

Financial Accounting Questions & Answers

  What price would have been charged to the customer if job

What price would have been charged to the customer if the job required $3,3000 in materials and $4,5000 in direct labor cost, and the company priced its jobs at 20% above the job’s cost according to the accounting system?

  Prepare needed journal entries for 2014 and 2015

Prepare needed journal entries for 2014 and 2015. Be sure to indicate whether each entry should be made to an unrestricted or temporarily restricted fund. You need not, thus, record the indirect costs themselves.

  Elucidate why managers who focus on reported cost per unit

What will be the real effect on profit if the order is accepted? Elucidate why managers who focus on reported cost per unit may be inclined to turn down the order.

  How much money will be paid to creditor associated with debt

How much money will be paid to the creditor associated with each debt. Salary during last month owed to Mr. Key Salary during last month owed to Ms. Rankin Unsecured accounts payable Government claims to unpaid taxes Administrative expenses

  Provide an analysis of the accounting for each fixed asset

Provide an analysis of the accounting for each fixed asset item using US GAAP and IFRS. Assume the Company uses straight-line depreciation for all its fixed assets and takes a full year of depreciation in the year of the addition.

  Determine diekow production''s direct labor rate

Calculation of Labor rate and efficiency variances - Using this information and the applicable information in E6, determine Diekow production's direct labor rate and efficiency variances for the year?

  Prepare interest payment entry for barkley company

Prepare interest payment entry for Barkley Company on 31st December, 2012 and what entry should Barkley make on 1st January, 2014?

  Find the market price of the bonds be

Sinking fund payments for issue of debentures - Which of the two methods should Carter use to meet the current sinking-fund payment due shortly and find the market price of the bonds be?

  Determine the breakeven point in dollars

Prepare an Income Statement of Actual Results using variable costing and Determine the breakeven point in dollars.

  What type of center is the charlotte facility

What type of center is the Charlotte facility? Would you characterize it as an investment center, profit center, revenue center or cost center? Give specific reasons why you chose your answer.

  Purpose the journal entries necessary at december 31

Prepare the journal entries necessary at December 31, 2008, assuming that the books have been closed and Present a schedule showing the corrected net income after reviewing the above transactions

  Find out the liability for refundable deposits

Prepare the appropriate journal entries for the deposits received and returned during 2011. Find out the liability for refundable deposits to be reported on the December 31, 2011, balance sheet.

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