How much was high break-even point in number of units

Assignment Help Managerial Accounting
Reference no: EM132762632

Assignment:The following information pertains to High Co.:

Sales (50,000 units) $1,000,000

Direct materials and direct labor 300,000

Factory overhead:

Variable 40,000

Fixed 70,000

Selling and general expenses:

Variable 10,000

Fixed 60,000

REQUIRED:

Problem a. How much was High's break-even point in number of units?

Problem b. How much was High's break-even point in dollars?

Problem c. How many units should High sell if they want an after-tax income of $273,000, assuming an income tax rate of 30%?

Reference no: EM132762632

Questions Cloud

Determine the break-even point in units of yankee and zoro : The sales mix for products Yankee and Zoro is 80% and 20%, respectively. Determine the break-even point in units of Yankee and Zoro
What should the employee do : Historically, a company has calculated bad debits using an aging of accounts receivable. Near the end of the fiscal year, the company is in a cash crunch.
Circumstances like hurricanes and earthquakes : Supplier selection is now a global concern, with competition coming from countries all over the world. Circumstances like hurricanes, earthquakes,
What is the consolidated net income : On January 1, 2016, William Corp. paid cash of P600,000 for all the outstanding shares of Kate Company. The carrying value of the assets and liabilities.
How much was high break-even point in number of units : How much was High's break-even point in number?How many units should High sell if they want an after-tax income of $273,000, assuming an income tax rate of 30%?
Conducting one before implementing training : Explain the purpose of a needs analysis and the necessity of conducting one before implementing training.
Essay on defining racism : How could the concepts discussed in the essay "Defining Racism" be used to explain Adichie's concept of the single story?
Compute the company operating leverage : Assume Blueberry sells 37,500 smartphones and 25,000 tablets during a recent year. Compute the company's (1) operating leverage
Duty and obligation of community : It is the duty and obligation of the community and its leaders to not only establish an emergency plan, but to follow it as well.

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd