Determine the number of units of each product that will be

Assignment Help Accounting Basics
Reference no: EM13613057

Hubert Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs of three types of tax returns follow. Hubert provides services in the ratio of 4:3:3 (easy, moderate, business). Fixed costs total $11,000 for the tax season. Type of Return per return Fee Charged Variable Cost Easy (form 1040EZ) $32 $ 21 Moderate (form 1040) 107 66 Business 257 91

(1) Determine the selling price per composite unit. Selling price per composite unit $

(2) Determine the variable costs per composite unit. Variable costs per composite unit $

(3) Determine the breakeven point in composite units. (Round your answer to 2 decimal places.) Break-even point in composite units: _?_composite units

(4) Determine the number of units of each product that will be sold at the break-even point. (Round your intermediate calculations to 2 decimal places and final answers to nearest units.) Unit sales of Easy at break-even point: _?_ units Unit sales of Moderate at break-even point: _?_ units Unit sales of Business at break-even point: _?_ units

Reference no: EM13613057

Questions Cloud

Heathrow issues 2000000 of 6 15-year bonds dated january 1 : heathrow issues 2000000 of 6 15-year bonds dated january 1 2011 that pay interest semiannually on june 30 and december
Plot the maximum efficiency of a nuclear power plant as a : the environment in a certain area is 15 degrees c. plot the maximum efficiency of a nuclear power plant as a function
An exoplanet of mass 5 times the mass of jupiter and 3 : an exoplanet of mass 5 times the mass of jupiter and 3 jupiter radii orbits a star identical to the sun at a distance
The high-temperature source is a 400 degree celcius boiler : they are using temperature and that is throwing me off. my books examples use watts for the high and low temp sources
Determine the number of units of each product that will be : hubert tax service offers tax and consulting services to individuals and small businesses. data for fees and costs of
A proton moves perpendicular to a uniform magnetic field at : a proton moves perpendicular to a uniform magnetic field at a speed of 1.55 x 107 ms and experiences an acceleration of
Find a condensing surface area required b circulating water : a one shell two tube pass surface condenser is required to handle the exhaust from a steam turbine developing 14 300 kw
At the end of the current year the following information is : at the end of the current year the following information is available for both kumar company and asher company. kumar
A and b flip coins a starts and continues flipping until a : a and b flip coins. a starts and continues flipping until a tail occurs at which point b starts flipping and continues

Reviews

Write a Review

Accounting Basics Questions & Answers

  George contributed 3000 food shelter and medical care

george contributed 3000 food shelter and medical care toward the support of his nephew andy who lives with him. andy

  Topple company produces a single product operating data for

topple company produces a single product. operating data for the company and its absorption costing income statement

  You are a management accountant for baker company christy

you are a management accountant for baker company. christy reelitz the sales representative for one of bakers suppliers

  The intramural sports club reports sales revenue of 550000

the intramural sports club reports sales revenue of 550000. inventory at both the beginning and end of the year totals

  Change in accounting principle concept

Which of the following is not treated as a change in accounting principle? A) A change from LIFO to FIFO for inventory valuation B) A change to a different method of depreciation for plant assets

  Amendment of a pension plan

When a company amends a pension plan, for accounting purposes, prior service costs should be:

  Compute trintos current ratio

Compute Trinton's current ratio, debt ration and earnings per share.

  Purpose of closing the books

A. What is the purpose of closing the books? B. Prepare all necessary closing entries.

  Jenny jacobs cpa is planning to use attribute sampling in

jenny jacobs cpa is planning to use attribute sampling in order to determine the degree of reliance to be placed on an

  Uribe company sells a single product that has variable

uribe company sells a single product that has variable costs of 14 per unit. fixed costs will remain constant across

  Write down a 250- to 350-word paper describing why

write a 250- to 350-word paper explaining why preferred stock is referred to as preferred and what some of the

  Troto company has total fixed costs of 6000000 and totl

troto company has total fixed costs of 6000000 and totl variable cost of 3000000 at a volume level of 300000 units.

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