Minden company manufactures a high-quality wooden birdhouse

Assignment Help Accounting Basics
Reference no: EM13566479

Minden Company manufactures a high-quality wooden birdhouse that sells for $20 per unit. Variable costs are $6 per unit, and fixed costs total $180,000. During 2004, the company sold 24,000 birdhouses to customers. The president of Minden Company believes the following changes should be made in 2005:

1. the selling price of the birdhouse should be reduced by 10%

2. increase advertising by $30,000
Assume these changes are made. Calculate the number of units Minden Company must sell in 2005 in order to break-even.

Reference no: EM13566479

Questions Cloud

Joes golf cart store signed a 15000 120-day 6 note payable : joes golf cart store signed a 15000 120-day 6 note payable to cover a past due account payable. what amount of
The following are costs associated with manufacturing firms : the following are costs associated with manufacturing firms merchandising firms or service firmsa. miscellaneous
What is the internal rate of return for an investment with : what is the internal rate of return for an investment with the following cash flows? remember to net the flows of each
A diamond contains 40 1021 atoms of carbon what amount of : a diamond contains 4.0 1021 atoms of carbon. what amount of carbon are in this diamond? mol what mass grams of carbon
Minden company manufactures a high-quality wooden birdhouse : minden company manufactures a high-quality wooden birdhouse that sells for 20 per unit. variable costs are 6 per unit
Pedigo company issued 450000 7 10 year bonds on january 1 : pedigo company issued 450000 7 10 year bonds on january 1 2010 for 483120. this price resulted in an effective-interest
The editorial argues that the second world war was a just : read a just war remembered winnipeg free press 8 may 1985.the editorial argues that the second world war was a just war
Bonn corporations bonds have a 15-year maturity a 7 : bonn corporations bonds have a 15-year maturity a 7 semiannual coupon and a par value of 1000. the annual interest is 6
The vf company has produced the following information from : the vf company has produced the following information from which a cash budget for the first six-month of the next year

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine whether bills return on sales ratio has met the

stacy yoo president of caremore inc an appliance manufacturer in seattle washington has been trying to decide whether

  A residential commercial building

On july 2 2011 scott purchased a residential commercial building. The cost basis assigned to the building is $600,000. scott also owns a residential apartment building he purchased on June 15 2010 with a cost basis of $400,000.

  Compute equivalent units using weighted average method

Madrid company manufactures a product that passes through two process: fabrication and assembly. The following information was obtained for the fabrication department for august: Compute equivalent units using the weighted average method.

  Lance lawn services reports warranty expense by estimating

lance lawn services reports warranty expense by estimating the amount that eventually will be paid to satisfy

  Operating activities under indirect method

In Metro's current year cash flow statement, the reported net cash provided by operating activities under the indirect method should be:

  How much cash should be paid to l mitchell

Wynne is unable to pay any of the capital deficiency. If the income sharing ratios are 5 : 3 : 2, respectively, how much cash should be paid to L. Mitchell?

  What is the purpose and benefits of clustering data in a

a what is the purpose and benefits of clustering data in a file?b what is the code for creating a cluster and

  Amount reported as noncontrolling interest

During the remainder of the year, Ramirez generates revenues of $600,000 and expenses of $360,000 and paid no dividends. On a December 31 consolidated balance sheet, what amount should be reported as noncontrolling interest?

  Calculate the cost of the 35,000 units

Calculate the cost of the 35,000 units completed and transferred out and the 30,000 units, 40% complete, in the ending Work in process

  Prepare a statement of cash flows using the indirect method

show workdecember 3120122011cash3350013000accounts

  Smith co bought a window franchise from paine inc on

smith co. bought a window franchise from paine inc. on january 2 2008 for 100000. a highly regarded independent

  What the term consolidated financial statements means

Peter Company obtains all of the common stock of Sam Inc. by issuing 50,000 shares of its own stock. Under these circumstances, why might the determination of an acquisition price be difficult?

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