Russell corporation sells three different models of

Assignment Help Accounting Basics
Reference no: EM13600392

Russell Corporation sells three different models of mosquito "zapper." Model A12 sells for $54 and has variable costs of $37. Model B22 sells for $101 and has variable costs of $67. Model C124 sells for $405 and has variable costs of $297. The sales mix of the three models is: A12, 60%; B22, 25%; and C124, 15%. If the company has fixed costs of $244,300, how many units of each model must the company sell in order to break even?

Reference no: EM13600392

Questions Cloud

On july 31 2010 mexico company paid 3000000 to acquire all : on july 31 2010 mexico company paid 3000000 to acquire all of the common stock of conchita incorporated which became a
Your client a physician recently purchased a yacht on which : your client a physician recently purchased a yacht on which he flies a pennant with a medical emblem on it. he
Terminated of an offer 1an agents authority may be actual : 1.an agent3939s authority may be actual or apparentexpress or implied.what do you understand by this statement?20mks
What percentage completion figure would result in : the final processing department in carols production facility began the year with no work in process inventories.
Russell corporation sells three different models of : russell corporation sells three different models of mosquito zapper. model a12 sells for 54 and has variable costs of
On february 15 paid 190000 cash to purchase american : a. on february 15 paid 190000 cash to purchase american generals 120-day short-term notes at par which are dated
The final processing department in carols production : the final processing department in carols production facility began the year with no work in process inventories.
Harry was experiencing financial difficulties and could not : harry was experiencing financial difficulties and could not make the mortgage payments on his home. the mortgage holder
In december 2008 ace consulting performed services for a : in december 2008 ace consulting performed services for a customer for 12000 on account. on june 1 2009 after several

Reviews

Write a Review

Accounting Basics Questions & Answers

  The president of deanza-foothill company is puzzled during

the president of deanza-foothill company is puzzled. during the last year the company experienced a net loss of 800000

  Improve the kowal manufacturing companys internal controls

Identify weaknesses in current procedures, and explain the threats that they may allow to occur and suggest ways to improve the Kowal Manufacturing Company's internal controls over hiring and payroll processing.

  What is the budgeted gross profit

A company recorded sales of $160,000 during march. management expects sales to increase 5% in april, 3% in may, adn 5% in june. cost of goods sold is expected to be 70% of sales. What is the budgeted gross profit for june?

  Major instrument inc manufactures two products missile

major instrument inc. manufactures two products missile range instruments and space pressure gauges. during april 47

  Cost flow assumption give lower taxes during inflation; lifo

Which cost flow assumption give lower taxes during inflation; LIFO or FIFO?

  Using the percentage of sales approach the net realizable

at the beginning of 2012 ez tech companys accounts receivable balance was 140000 and the balance in allowance for

  If an original mortgage of 80000 is still outstanding and

kareem bought a rental house in march 2008 for 300000 of which 50000 is allocated to land and 250000 to the building.

  At the beginning of each year for 14 years sherry kardell

at the beginning of each year for 14 years sherry kardell invested 400 that earns 10 annually what is the future value

  Explain callable preferred stock why do corporations issue

explain callable preferred stock? why do corporations issue such stock? given the different features that are

  On dec3108 xz had 600000 shares of common stock and 300000

on dec31.08 xz had 600.000 shares of common stock and 300.000 shares of 8 noncumulative nonconvertible preferred stock

  Recording journal entries to record the sale

Octagon Co. appropriately uses the installment sales method of accounting for its installment sales. Prepare journal entries to record the sale, collection, and recognition of gross profit.

  Prepare the entry to establish the fund

Gannon uses the perpetual system in accounting for merchandise inventory. Prepare (1) the September 9 entry to establish the fund and (2) the September 30 entry to both reimburse the fund and reduce it to $300.

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