How much is the break-even point in units

Assignment Help Financial Accounting
Reference no: EM131264927

ABC Company produces tie racks. The estimated fixed costs for the year are $288,000, and the estimated variable costs per unit are $14. ABC expects to produce and sell 60,000 units at a price of $20 per unit. How much is the break-even point in units?

Reference no: EM131264927

Questions Cloud

What will he the difference between the two methods : A gasoline distributor had 100,000 gallons of gasoline valued at $2.80/gallon. They bought 100,000 more gallons at $2.60/gallon, and subsequently 100,000 more gallons at $2.90 each. After that, they sold 150,000 gallons at $3.10 each. Will they pay m..
What is unit product cost for month under variable costing : A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: What is the unit product cost for the month under variable costing?
What is unit product cost for month under absorption costing : A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: What is the unit product cost for the month under absorption costing?
Differ from the process for creating sales journal : The Trailspan Travel Club markets travel books across the United States and Canada. Members of the travel club place orders online through Trailspan’s website, over the phone by calling an 800 number, or by mail. Online orders are entered into the cl..
How much is the break-even point in units : ABC Company produces tie racks. The estimated fixed costs for the year are $288,000, and the estimated variable costs per unit are $14. ABC expects to produce and sell 60,000 units at a price of $20 per unit. How much is the break-even point in units..
Income statements for the three inventory costing methods : QP Corp. sold 5,310 units of its product at $46.90 per unit in year 2015 and incurred operating expenses of $7.90 per unit in selling the units. It began the year with 790 units in inventory and made successive purchases of its product as follows. Pr..
Monthly payments for the four traditional mortgages : Mark and Alicia Story, recently married, have decided that they want to buy a $600,000 house. They are planning to give 20% down payment and finance the rest with a mortgage. What are the monthly payments for the 4 traditional mortgages? If the Story..
Involved in maintaining and approving renters : Anwar owns a rental home and is involved in maintaining it and approving renters. During the year he has a net loss of $12,500 from renting the home. How much of Anwar’s $12,500 rental loss can he deduct currently if he has no sources of passive inco..
Famous for maintaining strong code of supplier conduct : Now that you have explained the need for understanding complex linkages in a global world, more links means you now have more suppliers (vendors) to deal with for your products. Given that Apple is famous for maintaining a strong “code of supplier co..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Compute the cost that is assigned to the car wheels

Compute the cost that is assigned to the car wheels and truck wheels product lines using an activity-based costing system - Compute the overhead cost

  Calculate cost of inventory reported on the balance sheet

The total merchandise inventory counted at the end of the year was $65,000. Purchases for $7,000 are in transit under FOB shipping point terms. Calculate the cost of inventory reported on the balance sheet.

  Activity-based costing and the traditional costing systems

What additional factors must the controller consider before deciding on an allocation base for the indirect manufacturing cost assignment to the departments?

  Using the sum-of-the-years-digits method

Deluxe Ezra Company purchases equipment on January 1, Year 1, at a cost of $1,050,560. The asset is expected to have a service life of 12 years and a salvage value of $89,600. Compute the amount of depreciation for Years 1 through 3 using the straigh..

  Calculation of wages paid to employees

Calculation of wages paid to employees - Compute the following Indicate the best answer to each question in the space provided.

  What was the balance in eve prepaid insurance

The liability policy was $36,000 for eighteen-months, and the crop damage policy was $12,000 for a two-year term. What was the balance in Eve's prepaid insurance as of December 31, 20X8?

  How many production runs will minimize cost

Every year danielle sells 29720 cases of her cookie mix. it costs $1 per year to store a case plus annual warehouse fees of $2 per case for the maximum number of cases she will store. if it costs her $743 to set up a production run, plus $10 per case..

  Explain how these differences affect the comparability

Provide an example of a difference between for-profit and not-for-profit organization financial reports. Explain how these differences affect the comparability of financial reports.

  What is the interest expense for 2013

Use your kills to  Analyze, compare,  criticize,  evaluate  and  justify  the answers in a process to solve the assignment.

  Prepare a retained earnings statement for the year

On January 1, 2014, Richard Corporation had retained earnings of $550,000. During the year, Richard had the following selected transactions.

  How to account for dissolution or liquidation of partnership

Research examples of different methods that partnerships can use to allocate net income to the partners, and research the topics of partnership dissolution or partnership liquidation When you've completed your research, provide at least one example o..

  American micro devices pricing method

Which of the support cost functions would you expect to be the most reliable for explaining and predicting support - What do you think of American Micro Device's pricing method?

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