Compute what is the break-even point in dollar sales

Assignment Help Financial Accounting
Reference no: EM132563881

The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $33.98. The variable cost per unit is $21.28, Poseidon Swim has average fixed costs per year of $45,519.

Question 1: What is the break-even point in dollar sales?

Reference no: EM132563881

Questions Cloud

Calculate boral weighted average cost of capital : If the corporate tax rate is 40 per cent, calculate Boral's weighted average cost of capital. Boral currently has $400 million market value of debt outstanding.
Identify and describe the two forms of account receivable : Identify and describe the two forms of account receivable confirmation requests, and indicate what factors Efi and Edi will consider in determining when to use
Raw data not readily usable by analytics tasks : Why are the original/raw data not readily usable by analytics tasks? What are the main data preprocessing steps? List and explain their importance in analytics
How believable or credible do you think glassdoor : On a scale of 1-10 - 1 being not credible at all and 10 being highly credible - how believable or credible do you think glassdoor.com reviews are?
Compute what is the break-even point in dollar sales : Compute What is the break-even point in dollar sales? The variable cost per unit is $21.28, Poseidon Swim has average fixed costs per year of $45,519.
Discuss organization need for physical security : Discuss an organization's need for physical security. What methods, approaches, and models can be used by organizations when designing physical security needs?
Develop into a world-class location : Do you think more expatriates will stay longer in Dubai as the city continues to develop into a world-class location?
What are the pros and cons of insisting : What are the pros and cons of insisting that the entire family attend the initial consultation? What would you do if you learned that some of the family members
Find the effects of journal entry to record the declaration : The board of directors of Westlake Ltd, Find The effects of the journal entry to record the declaration of the dividend on 15 July 2016 are to

Reviews

Write a Review

Financial Accounting Questions & Answers

  What rate of return is expected on the donation

A prominent alumnus of your university has just donated $2,700,000 to fund a scholarship that will distribute $101,000 per year forever beginning in one year.

  Prepare trading account profit and loss account profit

Prepare Trading account profit and Loss account Profit and Loss Appropriation Account and Balance Sheet in the prescribed form.

  Account titles and explanation debit credit

The cash account of Aguilar Co. showed a ledger balance of $5,528.99 on June 30, 2014. The bank statement as of that date showed a balance of $5,810.00. Upon comparing the statement with the cash records, the following facts were determined. Account ..

  Statement of retained earnings and balance sheet

Prepare an Income Statement, Statement of Retained earnings, balance sheet

  Journalization of transactions for production costs such as

journalization of transactions for production costs such as of raw materials labor processing and overhead using

  Evaluate forward contract hedge

What is the total increase or decrease in cash flow from having entered into this forward contract hedge?

  About the sales budget

The rob Wallace corporation has a sales budget for next month of $400,000. Cost of goods sold is expected to be $250,000. all goods are paid for in the month following their purchase. The beginning inventory of merchandise is $16,000, and an ending i..

  Explain why accounting treatment is different in the fund

Explain why the accounting treatment is different in the general Fund and governmental activities general journals.

  Calculate tarass inc alternate minimum tax

Calculate Tarass Inc. s alternate minimum tax for 2013, if any applies and the calculation must be shown to receive full credit.

  Tax consequences of the distribution

Tar Heel Corporation had current and accumulated E&P of $500,000 at December 31 year 1. On December 31, the company made a distribution of land to its sole shareholder, William Roy. The land's fair market value was $100,000 and its tax and E&P basis ..

  Corporation discovered that hazardous waste material

WhizBang Corporation discovered that hazardous waste material was buried on property it now owns by the previous owner. It will cost $1.5 million to remove the hazardous was and dispose of it properly. Is it appropriate for the WhizBang board of dire..

  How many shares of stock will be outstanding

After the split, how many shares of stock will be outstanding? What will be the approximate market price per share?

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