Calculate the fixed cost and the total fixed cost per unit

Assignment Help Accounting Basics
Reference no: EM131983523

Problem

Store Rent - $4,800; Manager's Salary - $1,800; Equipment Lease - $900; Depreciation on Fixtures - $300. For each total fixed cost listed below, determine the fixed cost per unit when sales are 60, 120, 240 respectively. Calculate the fixed cost/unit and the total fixed cost per unit when sales are 60 units, 120 and 240 units respectively. I need the total fixed cost per unit. Additionally, I need to see a formula or the steps to used when calculating the fixed cost per unit when sales are 60, 120, and 240 respectively.

Reference no: EM131983523

Questions Cloud

People engaged in a company social media : Engagement is one great way companies can measure its PR. The more engagement, the better the PR.
Identify which alternative should be selected : Identify which alternative should be selected and support your decision. Provide calculations to support reasoning.
Prepare general journal entries for the current year : The stockholders' equity section of Martino Inc. at the beginning. Prepare general journal entries for the current year to record the transactions listed above.
Taxable gain on a sale of shares : When a corporation is sold, sellers often wish to defer the taxable gain on a sale of shares. Under the US tax code, such gain deferral may be accomplished
Calculate the fixed cost and the total fixed cost per unit : Calculate the fixed cost/unit and the total fixed cost per unit when sales are 60 units, 120 and 240 units respectively. I need the total fixed cost per unit.
What number of money orders need to be sold per day : Store 24 has figured it's estimated sales price for money orders. What number of money orders need to be sold per day in order to breakeven per store?
New president make the right decisions : How might business research help the new president make the right decisions.
New president make the right decisions : In addition, many of the independent diaries are being taken over by large food chains. How might business research help the new president make the right
Calculate the total depreciation expense for both assets : Calculate the deprecation expense for 2016. Steve sells the 5 year asset on 8/17/17. Calculate the total depreciation expense for both assets in 2017.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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