User Account

All Pages

How many total units must be sold for jbi to break even

Assignment Help Accounting Basics
Reference no: EM132826092

Jeff Bloom Industries (JBI) has been in business for over 31 years. They are a leader in their industry and their management is second to none. JBI manufactures two different products, coffee mugs and teacups. Each coffee mug sells for $9.00 and has variable costs of $4.30. Each teacup sells for $14.20 and has variable costs of $9.90. In JBI's operations, for every 1 coffee mug that is sold, 2 teacups are also sold. Fixed costs for JBI are $151,000.

Required:

Problem 1: How many total units (total units of coffee mugs + total units of teacups), must be sold for JBI to break even?

Reference no: EM132826092

Questions Cloud

What is the market value of the collateral : What is the market value of the collateral that the hedge fund must deliver to the repo dealer?
Prepare contribution margin income statement : Fixed costs total $12,000 and variable costs are $5 per bowl. Prepare contribution margin income statement (in good form) for 20xx
What is the value of a japanese project : What is the value of a Japanese project with a growing perpetuity (with growth rate 0.5%) which starts to pay in year 2: Yen 1 mm
Calculate the break-even point in units for this product : Calculate the break-even point in units for this product. Marina Inc. sells a unique product that is popular with upper income families.
How many total units must be sold for jbi to break even : Jeff Bloom Industries, How many total units (total units of coffee mugs + total units of teacups), must be sold for JBI to break even?
Describe the two basic types of transaction exemptions : Describe the two basic types of "transaction" exemptions that may be available to VirtualStream that would allow the firm not to have to register
What is the market value of the collateral : A hedge fund wants to borrow $2,500,000 using a 3 month repurchase agreement. The repo dealer is quoting a buyback price of $2,533,414.86 and a haircut of 2.49%
What is the total payoff on the speculator options portfolio : If IBM's stock price on date T is equal to $118.22 per share, what is the total payoff on the speculator's options portfolio?
What is the time value of the put option : A put option is priced at $12.8 per share and the put's strike price is equal to $79 per share. The price of the underlying stock is equal to $70.12 per share.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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