Illustrate what is the break-even point in units

Assignment Help Financial Accounting
Reference no: EM13129941

Super Sales Co., is the exclusive distributor for a revolutionary bookbag. The product sells $60 per unit and has a CM ratio of 40%. The company’s fixed expenses are $360,000 per year. The company plans to sell 17,000 bookbags this year.

Using the equation method:

What is the break-even point in units and in sales dollars?

Reference no: EM13129941

Questions Cloud

What is effect on earnings in the year after the shares : The common shares have a market price of $6 per share on the grant date. Ignoring taxes, what is effect on earnings in the year after the shares are granted to exec's?
Equity multiplier and return on equity : Isolation Company has a debt-equity ratio of 0.70. Return on assets is 7.8 percent, and total equity is $530,000. What is the equity multiplier?
Describe the specific nature of the interaction : Describe a hypothesis related to the area of psychology in which you are predicting an interaction. Describe the specific nature of the interaction and why you think an interaction would occur.
Delores estate tax base : In 1998, Delores made taxable gifts to her son of property with a FMV of $200,000. In the current year when Delores dies, the property is worth $800,000. The amount included in Delores's estate tax base because of the 1998 gift is:
Illustrate what is the break-even point in units : Using the equation method: Illustrate what is the break-even point in units and in sales dollars?
What the mass of ammonia formed would be : Nitrogen (N2) reacts with hydrogen to give ammonia (NH3): N2 + 3H2 -> 2NH3 If 30 g of N2 reacts with excess hydrogen, what the mass of ammonia formed would be?
Current and quick ratios : SDJ, Inc., has net working capital of $3,710, current liabilities of $5,500, and inventory of $4,440. What is the current ratio?
Compute the expectations and variances of x and y : One of the 4 bus drivers is also randomly selected. Let Y denote the number of students on his bus. Compute the expectations and variances of X and Y?
Illustrate what are the variable expenses per unit : The company plans to sell 17,000 bookbags this year. Illustrate what are the variable expenses per unit?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Evaluate the chmelar manufacturing cost

Evaluate the Chmelar Manufacturing  cost. Chmelar Manufacturing Company developed the following data:

  Explain why do you think larry stone wants to estimate

Explain why do you think larry stone wants to estimate the firm's hrdle rate? Is it justifiable to use the firm's weighted average cost of capital as the divisional cost of capital?

  Find amount and character of noras recognized gain

Find the amount and character of Nora's recognized gain or loss and what are Nora's bases in Needle stock and note?

  Find the activity variance for revenue

Find the activity variance for revenue? Describe this variance and find the spending variance for the cost of ingredients? Describe this variance.

  Illustrate what policies and procedure would you investigate

If your boss asked you to find the reason for a substantial increase in losses due to uncollectible accounts, illustrate what policies and procedures would you investigate? What suggestions to reduce bad debts would you recommend? Explain your ans..

  Calculation of missing information used in accounts equation

Calculation of missing information used in Accounts Equation and Determine the missing amount from each of the separate situations.

  Elucidate a business unit performance

Is it ethical to choose a transfer price for tax purposes that is different from the transfer price used to elucidate a business unit's performance?

  Determine the predetermined overhead rate

Determine the pre determined overhead rate from the given data -  determine the predetermined overhead rate.

  Evaluate the predetermined overhead rate

Evaluate the company's predetermined overhead rate for the year. Logan's actual manufacturing overhead for the year was $749,346 and its real total direct labor was 28,500 hours.

  Should opal comprise in her gross income if last year

This year she received a state income tax refund of $170. What amount of the refund, if any, should Opal comprise in her gross income if last year her total itemized deductions exceeded the standard deduction by $350?

  Prepare a seven - year forecast of net operating income

Prepare a seven - year forecast of net operating income for the Sated Satyr Apartments

  Make an operating budget

Purpose a cash Budget for the first two quarters and make an operating budget for the first and second quarters of operations of Terry's Equipment Center.

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