Calculate bay area cycles break-even point in units

Assignment Help Managerial Accounting
Reference no: EM13912229

Refer to the current information for Bay Area Cycle Co. in Mini-Exercise 12.4. In Mini-Exercise 12.4, Current operating income for Bay Area Cycles Co. is $70,000. Selling price per unit is $100, the contribution margin ratio is 35% and fixed expense is $280,000.

Required:

Calculate Bay Area Cycle's break-even point in units and total sales dollars.

Calculate Bay Area Cycle's margin of safety and margin of safety ratio.

Reference no: EM13912229

Questions Cloud

Understanding financial statement relationships : Understanding financial statement relationships. The information presented here represents selected data from the December 31, 2013, balance sheets and income statements for the year then ended for three firms:
Explain what auditor should have done during the december 31 : Read the minutes of the meeting of March 5, 2011. Did any of that information pertain to the December 31, 2010, audit? Explain what the auditor should have done during the December 31, 2010, audit with respect to 2011 minutes.
Identify the element oxidized : Identify the element oxidized and the element reduced, in this chemical equation:
What was cash flow from operations during the quarter ended : During the quarter ended 3/31/2015, Simonis Inc. collected $100 of cash from customers, paid $60 of cash to suppliers, paid $30 of cash to employees and other creditors, and recorded a $5 loss on sale of equipment. There were no other cash flows rela..
Calculate bay area cycles break-even point in units : Refer to the current information for Bay Area Cycle Co. in Mini-Exercise 12.4. In Mini-Exercise 12.4, Current operating income for Bay Area Cycles Co. is $70,000. Selling price per unit is $100, the contribution margin ratio is 35% and fixed expense ..
Identify the element oxidized : Identify the element oxidized and the element reduced, in this chemical equation:
What was doukens ebitda : During 2015, Douken Export Co. had Revenue of $1000, Depreciation and Amortization Expense of $100, Interest Expense of $100, and Tax Expense of $50. All other Expenses were $400. What was Douken’s EBITDA for 2015?
Determine tax treatment : Monty loaned his friend Ned $13,000 three years ago. Ned signed a note and made payments on the loan. Last year, when the remaining balance was $9,100, Ned filed for bankruptcy and notified Monty that he would be unable to pay the balance on the loan..
Summary of the observations : Small pieces of silver, copper , and magnesium are placed in solutions that contain one of the following ions: Ag+, Cu 2+, Mg 2+. The metal, solution, combinations tested are summarized in the following table any reaction that occurred followed th..

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Calculate sales in dollars needed to break even in 2015

Recast the full costing income statement for 2014 into a variable costing format.  Does it appear, as Sanjay Patel contends, that the more the company sells, the more it loses?

  Components of cost-volume-profit analysis

Describe the components of cost-volume-profit analysis. Employ cost-volume-profit analysis and break-even analysis to make business decisions.

  Vargo company makes two distinct products

Vargo Company makes two distinct products with the following information available for each.

  Roseville medical manufactures a single product called the

roseville medical manufactures a single product called the gripper. under the direction of physiotherapists patients

  How much would operating income increase

Tohono Company's 2013 master budget included the following fixed budget report. It is based on an expected production and sales volume of 20,000 units.

  Following information is available for morgan & parker co.

The following information is available for Morgan Company and Parker Company, similar firms operating in the same industry.

  The trailer department of baxter bicycles makes bike trailer

The Trailer department of Baxter Bicycles makes bike trailers that attach to bicycles and can carry children or cargo.

  Prepare required journal entries to reflect the transactions

Prepare all required journal entries to reflect the transactions described. Indicate the type of fund in which the entries should be made.

  Describe the four perspectives of the balanced scorecard

List and describe the four perspectives of the Balanced Scorecard and what steps would you encourage him or her to take in order to successfully implement and use the Scorecard?

  Record each transaction in the journal

Record each transaction in the journal, using the account titles given. Key each transaction by date. Explanations are not required - Post the transactions to T-accounts, using transaction dates as posting references in the ledger.

  Entries for notes receivable - journalize the transactions

Entries for notes receivable, including year-end entries - Journalize the transactions.

  Global partners is a manufacturing company

Global Partners is a manufacturing company that produces parts both for inventory and to custom specifications. Parts produced for inventory are sold at prices determined in the market.

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