How many units are they currently selling

Assignment Help Financial Accounting
Reference no: EM132755420

Phota Company produces drippers. Each unit sells for $15. Information for the month appears below:

Sales. $18,000

Variable Costs. 6,600

Fixed Costs. 7,790

Net Income (loss). 3,610

Problem A. How many units are they currently selling?

Problem B. What is the break even point?

Problem C. How many units will they need to sell in order to make a profit of $5,000?

Reference no: EM132755420

Questions Cloud

How did ultimately decide to come to yorkville university : Were there any opportunity costs in attending this program (explain)? How did you ultimately decide to come to Yorkville University?
What is the expected spread measured in dollars : The spot rate is US$0.007/¥ and the forward rate is US$0.0075/¥. If the bank borrows a sum of US$2million, what is the expected spread measured in dollars
What were some choices had before attending yorkville : What were some choices you had before attending Yorkville University? What other qualitative and quantitative factors did you consider
6COM1035 Constructive Artificial Intelligence Assignment : 6COM1035 Constructive Artificial Intelligence Assignment Help and Solution, University of Hertfordshire - Assessment Writing Service
How many units are they currently selling : Phota Company produces drippers. How many units are they currently selling? How many units will they need to sell in order to make a profit of $5,000?
Determine if it is profitable to outsource the bookkeeping : Pat Becker, M.D., is a chiropractor, Conduct a relevant cost analysis to determine if it is profitable to outsource the bookkeeping.
Record all journal entries to dissolve the partnership : The partners were able to collect $2 500 of the accounts receivable and sell the equipment for $72 000. Record all journal entries to dissolve the partnership
Pick a specific business that is thinking of expanding : Pick a specific business that is thinking of expanding. Describe 2 specific costs that are relevant to the decision whether to expand or not
Compute what is the npv of a project for green landscaping : Compute What is the NPV of a project for Green Landscaping if the initial costs are $1,357,856 and the project life is estimated as 11 years?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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