Determine the unit contribution margin

Assignment Help Accounting Basics
Reference no: EM131743990

Problem - The following is information concerning a product manufactured by Ames Brothers.

Sales price per unit - $62

Variable cost per unit - 43

Total fixed manufacturing and operating costs (per month) - 360,000

a. Determine the unit contribution margin.

b. Determine the number of units that must be sold each month to break even.

c. Determine the number of units that must be sold to earn an operating income of $234,000 per month.

Reference no: EM131743990

Questions Cloud

Organization culture using the double-s cube model : How would you describe your organization’s culture using the Double-S Cube Model? How are the values reinforced?
Write a analysis paper addressing ethical violation business : Write a 3 page analysis paper addressing an ethical violation business and industry sector covered in the textbook, you may propose it to the professor.
Discuss write the answers in a word document and if possible : Write the answers in a word document and if possible include any visual examples to support it
Appraise the truthfulness of the speakers position : Appraise the truthfulness of the speaker's position that continuous dissatisfaction is the essence of the entrepreneur.
Determine the unit contribution margin : Total fixed manufacturing and operating costs (per month) - 360,000, Determine the unit contribution margin. Determine the number of units
Need to revisit their business strategies : what value means to their customers, do they need to revisit their business strategies?
What is the bonds expected rate of return : The market price is $900 for a 10-year bond ($1,000 per value) that pays 8% interest (4% semiannually). What is the bonds expected rate of return?
What circumstances organization should open an employee mail : Your Mail Has Been Intercepted The XYZ Corporation has decided to open all mail sent to employees who work in the field. A memorandum was sent to the field.
Define experimental writing : What do you think of this writing. Which of the samples given affects you powerfully. Jot down your thoughts in your journal

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