Solution-Compute the number of pans that must be sold for

Compute the number of pans that must be sold for prachi

Assignment Help Accounting Basics

Reference no: EM131560459

Question -

Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Prachi Company produces and sells disposable foil baking pans to retailers for $2.45 per pan. The variable cost per pan is as follows:

Direct materials $0.28

Direct labor 0.56

Variable factory overhead 0.65

Variable selling expense 0.17

Fixed manufacturing cost totals $136,746 per year. Administrative cost (all fixed) totals $18,647.

Required:

1. Compute the number of pans that must be sold for Prachi to break even.

2. Conceptual Connection: What is the unit variable cost? What is the unit variable manufacturing cost?

Which is used in cost-volume-profit analysis?

3. How many units must be sold for Prachi to earn operating income of $9,006?

4. How much sales revenue must Prachi have to earn operating income of $9,006?

Reference no: EM131560459

Questions Cloud

Enforceable contract to buy the condominium : Sally claims that she has an enforceable contract to buy the condominium.

How much does the company owe to its creditors at month-end : How much does the company owe to its creditors at month-end? On which financial statement(s) would this information be found

Find the value of the second derivative : Find the value of the second derivative off at the given value of x. Express your answer correct to four decimal places.

What do you forecast for the future : Name three important factors why the top managers are recognizing the importance of purchasing and supply chain management.

Compute the number of pans that must be sold for prachi : Compute the number of pans that must be sold for Prachi to break even. Which is used in cost-volume-profit analysis

Billabong need to sell to break-even in operating cash flow : How many units do Billabong need to sell to break-even in operating cash flow?

Relationship between the discount rate and the fed-fund rate : Discount rate, how is it set? Explain the relationship between the discount rate, and the Fed. Fund Rate.

What is your attitude toward writing : What is your attitude toward writing? What three things would you like to improve about your writing? How might you go about making those improvements?

What is the amount of inventory reported by coca-cola : What is the amount of inventory reported by Coca-Cola at the end of 2015? What percent of total assets does each company invest in inventory

User Account

All Pages

Compute the number of pans that must be sold for prachi

Reference no: EM131560459

Reference no: EM131560459

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT