Contribution margin per unit-break-even point in dollars

Assignment Help Financial Accounting

Reference no: EM13793201

Larissa Company has a unit selling price of $250, variable costs per unit of $170, and fixed costs of $140,000. Compute the following:

- Contribution margin per unit

- Contribution margin ratio

- Break-even point in units

- Break-even point in dollars

Reference no: EM13793201

Questions Cloud

Traceable fixed expenses for division : Hatch Company has two divisions, O and E. During the year just ended, Division O had a segment margin of $15,400 and variable expenses equal to 60% of sales. Traceable fixed expenses for Division E were $24,000. Hatch Company as a whole had a contrib..

What do you notice about the payoff profile : Suppose a financial manager buys call options on 50,000 barrels of oil with an exercise price of $95 per barrel. She simultaneously sells a put option on 50,000 barrels of oilwith the same exercise price of $95 per barrel. Consider her gains and loss..

About the contribution margin ratio : Southwest Industries produces a sports glove that sells for $55 per pair. Variable expenses are $31 per pair and fixed expenses are $37,000 annually. The contribution margin ratio for Southwest Industries in pairs of gloves is:

New equipment with cash and marketable securities : Johnson Corp is interested in purchasing some new material-handling equipment right after the beginning of the new year. They would like to finance the new equipment with cash and marketable securities, but if necessary they can get a short-term loan..

Contribution margin per unit-break-even point in dollars : Larissa Company has a unit selling price of $250, variable costs per unit of $170, and fixed costs of $140,000.

Journal entry to record accrued salaries would include : According to a summary of the payroll of Scotland Company, $450,000 was subject to the 7.0% social security tax and $500,000 was subject to the 1.5% Medicare tax. Federal income tax withheld was $98,000. Also, $15,000 was subject to state (4.2%) and ..

Call option with an exercise price : A put option and a call option with an exercise price of $85 and three months to expiration sell for $2.40 and $5.09, respectively. If the risk-free rate is 4.8 percent per year, compounded continuously, what is the current stock price?

Record the journal entries for the transactions : On January 5, 2014, Phil's Corporation received a charter granting the right to issue 5,000 shares of $100 par value, 8% cumulative and nonparticipation preferred stock, and 50,000 shares of $10 par value common stock. Issued 20,000 shares of common ..

Appropriate competence and capabilities to perform the audit : Which of the following does not directly relate to an auditor's responsibility for having appropriate competence and capabilities to perform the audit?

User Account

All Pages