How many units must be sold to break-even

Assignment Help Financial Accounting
Reference no: EM132807143

Tim Taylor has written a self improvement book that has the following cost characteristics:

Selling Price $16.00 per book

Variable cost per unit:

Production $4.00

Selling & administrative 2.00

Fixed costs:

Production $97,200 per year

Selling & administrative22,200 per year

Problem 1: How many units must be sold to break-even?

Reference no: EM132807143

Questions Cloud

Eight unique feature of e-commerce technology : According to Laudon and Travers (2020), there are "eight unique feature of e-commerce technology"
What would a price taker emphasize : If we do so, we can sell the product for $90, we will incur additional costs of $407,500, and we can sell 20,000 units. Which of the following is true?
What is the yield to maturity on bond : A corporation's $1000 bonds pay 5 percent interest annually and have 12 years until maturity. You can purchase the bond for $1145.
Linkedin is important tool for every job seeker : LinkedIn is an important tool for every job seeker. Conduct a quick internet search to find out how you can use LinkedIn to assist with a job search.
How many units must be sold to break-even : How many units must be sold to break-even? Tim Taylor has written a self improvement book that has the cost characteristics.
Determine an optimal short-term product mix : Manders Manufacturing Corporation uses the following model to determine an optimal short-term product mix for its two products, metal (M) and scrap metal (S):
Explain the purpose of the assessment tool : Explain the purpose of this assessment tool, the reliability and validity, what developmental domains it assesses, and what agencies use this assessment.
American Constitutional Law : Explain the three branches of government including each branch's authority and responsibility. How would your plan impact each branch?
Determine the expected dividend at the end of year 5 : You expect the growth rate to be 0 percent for years 1 to 5, and 2 percent for years 6 to infinity. The required rate of return on this firm's equity is 12 perc

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