Compute break-even point of the company in dollars and units

Assignment Help Accounting Basics
Reference no: EM132591000

Question - PNG electric company manufactures a number of electric products. Rechargeable light is one of the PNG's products that sells for $180/unit. Total fixed expenses related to rechargeable electric light are $270,000 per month and variable expenses involved in manufacturing this product are $126 per unit. Monthly sales are 8,000 units rechargeable lights.

Required -

1. Compute break-even point of the company in dollars and units.

2. Compute the number of rechargeable lights to be sold to earn a net operating income of $189,000 per month.

Reference no: EM132591000

Questions Cloud

What are the major categories of ratios : Find How do you standardize statements of financial position and statements of comprehensive income and why is standardization useful?
Characterizing data types and information visualization : Despite increases in computing power and network bandwidth, many user interfaces are still largely text oriented, with a few icons and illustrations.
Identify the concentrations : 1) Which of the following chemical reactions does not represent an oxidation/reduction?
Identify three social responsibilities of johnson limited : Identify three social responsibilities of Johnson Limited.Johnson Limited is a sugarcane factory that operates in a small community of St. Clair.
Compute break-even point of the company in dollars and units : PNG electric company manufactures a number of electric products. Compute break-even point of the company in dollars and units
Discuss what ideas you have incorporated : Topic - Zero Hunger - propose a report on this topic and considering with an organization as an example that supports zero hunger
What is the dollar amount the owner will receive : Expected ten days average collection period. What is the dollar amount the owner will receive when the average collection period is 29 days?
How much of his loss will be suspended : At the end of the year, he receives a K-1, which allocates an $80,000 loss to him. How much of his loss will be suspended under the passive activity rule
Determine the unit product cost that would appear on the job : Determine the unit product cost that would appear on the job cost sheet. Determine the underallocated or overallocated overhead for the year.

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