Find the breakeven point in units for each product

Assignment Help Cost Accounting
Reference no: EM13538562

Hamburgers and More, Inc., sells hamburgers, drinks, and fries. The sales mix is 1:3:2 (i.e., for every one hamburger sold, three drinks and two fries are sold). Using the contribution margin approach, find the breakeven point in units for each product. The company's fixed costs are $2,040. Other information is as follows:


Selling Price

per Unit

Variable Costs

per Unit

Hamburgers

$0.99

$0.27

Drinks

0.99

0.09

Fries

0.99

0.15

Reference no: EM13538562

Questions Cloud

Enter the transactions for june in t accounts : Enter the transactions for June in T accounts. Use the accounting equation as a guide for setting up the T accounts.
Compute variable overhead spending and efficiency variances : Compute the variable overhead spending and efficiency variances and (2) the fixed overhead budget and volume variances for May.
Explain the actual value of the van''t hoff factor : If the 3.90 m solution from Part A boils at 103.45 ^\circ {\rm C}, what is the actual value of the van't Hoff factor, i. The boiling point of pure water is 100.00 ^\circ {\rm C} and K_b is equal to 0.512 ^\circ {\rm C}/m
Determine what is the resulting speed : A 25.0g bullet moving at 900 m/s is fired through a 0.900 kg block of wood emerging at a speed of 100 m/s. what is the resulting speed
Find the breakeven point in units for each product : find the breakeven point in units for each product - The company's fixed costs are $2,040
Magnitude of the magnetic force acting on the particle : A positively charged particle of mass 7.27E-8 kg is traveling due east with a speed of 87.0 m/s and enters a 0.250 T uniform magnetic field. The particle moves through one-quarter of a circle in a time of 2.04E-3 s, at which time it leaves the field ..
Explain nh3 in the original ammonia solution : You require 36.78 mL of 0.0105 M HCl to reach the equivalence point in the titration of 25.0 mL of aqueous ammonia. What was the concentration of NH3 in the original ammonia solution
Asset exchange transaction : Identify each of the events as an asset source, asset use, or asset exchange transaction. If an event would not be recorded under generally accepted accounting principles
Determine how elastic was the collision : Bob (m = 60kg) is wearing a sticky suit. Just as he reaches his desired speed of 6m/s, he reaches the edge of ice (assume the ice is frictionless) and collides with a large crate (m = 250kg). How elastic was the collision

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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