Find break-even points in units

Assignment Help Finance Basics
Reference no: EM1350459

Jailer Shoe Company produces shoes that sell for 40 dollars each and have a variable cost of $39.50. Fixed costs are 37,000 dollars. Compute the break-even points in units. Find the sales (in units ) needed to earn a profit of $25,000.

Reference no: EM1350459

Questions Cloud

Question on account balances : For each of the balances above would the account normally be a credit or debit balance? Enter the closing journal entries as of December 31st. What would the new balances of each account be?
Illustrate what risks do you face upon inquiry at your bank : Illustrate what risks do you face. Upon inquiry at your bank, you find that the forward price for a September contract to buy dollars is 10SKr per dollar. How might you hedge your exchange-rate risk for the first year.
How do values relate to work performance : How do these values relate to work performance and what can management do to leverage these values to improve work performance?
Determining cost per equivalent unit : Gunes Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning invent..
Find break-even points in units : Jailer Shoe Corporation produces shoes that sell for 40 dollars each and have a variable cost of $39.50. Fixed costs are 37,000 dollars. Calculate the break-even points in units.
Explain what is the key objective for google : Explain what is the KEY objective for Google and Wegmans Food Stores and how is pay used to drive those objectives?
Managerial accounting-conversion costs : What would be the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)
What is the value of the economic mpc : What is the value of the economic's MPC. Data applies to an economy with only two sectors-households and firms no government or export.
Determine the risk involved with each plan : DeSoto Tools, Corporation is considering to expand production. The expansion will cost $300,000, which can be financed either by bonds at an interest rate of 14% or through selling 10,000 shares of common stock at $30 per share.

Reviews

Write a Review

Finance Basics Questions & Answers

  Detemining value of preferred share

Preferred shares issued by the CAT carry dividend of 1.25 per share. How do I compute the value of preferred share if the required return on the shares is 14.0%?

  Foreign exchange rates and us interest rates

Assume the Federal Reserve Bank of US unexpectedly raises interest rates in US. How do you think this will impact foreign-exchange market?

  Compute price of bonds for olsens clothing stores

There are 25 years to maturity. Compute the price of the bonds based on semiannual analysis. With 20 years to maturity, if yield to maturity goes down substantially to 8 percent, what will be the new price of the bonds?

  Establish a section 401(k) plan

Establish a Section 401(k) plan

  Calculation of cash collection and ending accounts

Calculation of cash collection and ending accounts receivables and Budgeted sales for the second quarter of the year for Reuben Company are as follows

  Explain what is etcs value

Explain what is the value of ETC according to MM with corporate taxes and What is ETC's value

  Average annual inflation rate expected by investors

estimate the average annual inflation rate expected by investors over the life of the thirty- yr bond.

  Finding the future value of investment

Describe the positive and negative effects of future value of investment, for a duration of:

  Computation of value or price of the stock

Computation of value or price of the stock thus the company will maintain that dividend growth

  The capital structure theory

A business with no debt financing has the firm value of $20 million. It has a corporate marginal tax rate of 34%. The firm's investors are estimated to have marginal tax rates of 31% on interest income and weighted average of 28% on stock income.

  How to finding dividend for supernormal growth

How to Finding dividend for Supernormal Growth and dividends are expected to grow at 35 percent per year during next 3 years

  Hud-1 settlement statement by conventional

Explain the content and the purpose for the HUD-1 Settlement Statement is used by conventional and government insured lenders in the US.

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