User Account

All Pages

How many units would need to sell to earn a profit

Assignment Help Managerial Accounting
Reference no: EM132530368

Assume that we are manufacturing a product, and assume that the sales price per unit is $70, the variable cost is $20 per unit, and the fixed cost is $85,000;

Question a) How many units would we need to sell to break even?

Question b) How many units would we need to sell to earn a profit of $120,000?

Question c) How many units do we need to sell to double that profit to $240,000?

Reference no: EM132530368

Questions Cloud

Primary sources of information : Presidential tweets and the S&P 500 Index, is there a correlation?
Find understanding of the investment before is implemented : Research has that the found that the assessment of cash flows requires immense understanding of the investment before it is implemented
What amount of these costs should be capitalized by Talton : The rearrangement did not increase the life of the assembly line, but it did make it more efficient. What amount of these costs should be capitalized by Talton
Explain how utilitarianism defines the good : Explain how utilitarianism defines the good. Be sure to include in your answer an explanation of the formula of utility.
How many units would need to sell to earn a profit : How many units would we need to sell to earn a profit of $120,000? How many units do we need to sell to double that profit to $240,000?
Write note on post modern contemporary philosophy : Write note on Post modern contemporary philosophy?
Does historical context or the style helps : Does historical context or the style helps in identifying painting? If yes, why?
What was the average cost per unit for direct materials : Assume Martin Company produced the equivalent of 500 units during this particular month. What was the average cost per unit for direct materials?
What will be MNN Co net income after income taxes : Based on this information, what will be MNN Co.'s net income after income taxes for the fiscal year ended December 31, 20X7

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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