User Account

All Pages

How do determine the break even points for targeted profit

Assignment Help Managerial Accounting
Reference no: EM132479822

Question 1: How do you determine the break even points for targeted profit? ::

sales price : $18

fixed costs : $589

contr. margin : 13.35

Break even units : 45

Target profit : $417

Break even units (round up)

Reference no: EM132479822

Questions Cloud

Calculate the weighted average number of shares outstanding : Wildhorse Limited had 42,900 common shares outstanding on January 1, 2020. Calculate the weighted average number of shares outstanding for Wildhorse
What cash amount should mega electronics : Electronics values money at 8.4% per year compounded monthly, what cash amount should Mega Electronics be willing to accept instead of the no-interest plan?
Calculate the net change in operating income : Product X1 can be processed further to make product X2, at an incremental cost of $39,000. Calculate the net change in operating income
Identify at least three permanent accounts : Identify at least three permanent and at least three temporary accounts a bait shop would have and explain why each account is classified as such.
How do determine the break even points for targeted profit : How do you determine the break even points for targeted profit?sales price : $18 fixed costs : $589 contr. margin : 13.35 Break even units : 45
Determine the standard overhead rate : The preset formula for overhead application estimated that $287,000 would be incurred, and 5,900 direct labor hours. Determine the standard overhead rate
Four tests of worthiness does erwin argument fail : Yes, we had sex, but it was consensual, plus she will be 18 in two weeks, and we are planning to get married." Which of the four tests of worthiness
Supplier in a perfectly competitive market : How does the substitutability of a completely similar good relate to the demand curve facing a supplier in a perfectly competitive market?
Calculate the cost per equivalent unit for materials : Calculate the cost per equivalent unit for materials and conversion for March. (Round cost per Equivalent Unit to 5 decimal places.)

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Recast chandras income statement

Prepare a report for Chandra explaining the errors he made in his income statement and review the performance of Bendigo Fencing Company in 2014 and make a recommendation as to whether Chandras overdraft facility should be cancelled.

  What are the equivalent units

The Richa Patel Company uses the weighted average method in process costing system. The company has only one processing department.

  Prepare a direct materials budget for musk oil

Two grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small company in western Siberia. Required: Prepare a direct materials budget for musk oil, by quarter and in total for Year 2

  What does a system of internal controls achieve

What does a system of internal controls achieve? (You can apply this to internal controls over cash, or a general discussion of internal controls.)

  Reflect on the course materials with specific focus

Reflect on the course materials with specific focus on the last two papers (Sharpe; Modigliani & Miller). Synthesize the key points they're making and consider the challenges of such points in a given context within your environment.

  Compute the equivalent units in the mixing department

Compute the equivalent units in the Mixing Department for July 2009 for each cost category - Refining Department during July and (b) the cost of work in process as of July 31,2009.

  Implement the balanced scorecard in organization

List and describe the four perspectives of the Balanced Scorecard and what steps would you encourage him or her to take in order to successfully implement and use the Scorecard?

  What are the firms current capital structure weights

Calculate the total fees you will pay on this loan commitment - Calculate the amount of capital funding Harper's Dog Pens raised through this bond issue

  What will the cost of newly-issued stocks be

The stock is priced at $12.50 with float cost of 15% The marginal tax rate for the company is 40%, what will The cost of newly-issued stocks be?

  The adjusted trial balance amounts at june

Skolnick Co. was organized on April 1, 2010.The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below.

  Companies in the pharmaceutical industry

a) Discuss some of the unique pricing issues faced by companies in the pharmaceutical industry.

  How many total haircuts must his barbers give

How many total haircuts must his barbers give in 2013 in order for Andre to be indifferent between the 2012 and 2013 payment plans?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd