User Account

All Pages

What are total sales in dollars at the breakeven point

Assignment Help Accounting Basics
Reference no: EM131929060

Questions -

Q1. Durango sells its product for $48. Its variable cost per unit is $40.

a. If fixed cost total is $8,000, how many unit must the company sell to break even? What are total sales in dollars at the breakeven point?

b. if fixed cost is $12,000, how many units does the company need to sell to break even? What are total sales in dollar at the breakeven point?

c. if fixed costs total $20,000, how many units must the company sell to break even? What are the total sales in dollars at the breakeven point?

Q2. The ice city blade are a minor league ice hockey franchise, their arena has 5,000 seats, all of which sells for $11 per ticket per game. The team plays 40 home games and expects to average 70 percent attendance at each game. Variable cost related to ticket printing, promotions, and mailings are estimated to be $1 per ticket. Fixed cost including salaries and operating expenses total $1.2 million for the season.

a. What are the expected total sales in dollars and units (ticket)?

b. What would total sales be if the team sold every ticket to every game?

c. What is the teams projected net income and its planned sales level?

d. What is the breakeven point in terms of total tickets sold?

e. How many tickets per game on average does the team need to sell to break even?

f. Compute the teams safety margin in sales dollars and units (tickets)?

Q3. Heart & Soul vintage vinyl record emporium provided the following information:

Average selling price per record $15

Average variable cost per record: $10

Monthly fixed cost: $10, 000

Compute the following:

a. What is heart & soul's contribution margin per unit in dollars?

Reference no: EM131929060

Questions Cloud

Larger financial goal to avoid being discouraged : Is the best approach is to start with a small finanicial goal, and build up to a larger financial goal to avoid being discouraged?
Which mutually exclusive project : Which mutually exclusive project would you select, if Project A costs $1,000 and Project B costs $1,200 and your required return is 15% for both project.
Compare the eight financial ratios and discuss : Discuss the main product differences of Companies A and B.Compare the EIGHT financial ratios and discuss
Explain how the goals affect treatment : In 150 to 200 words, describe the goals of clinical assessment and diagnosis. Explain how these goals affect treatment.
What are total sales in dollars at the breakeven point : If fixed cost total is $8,000, how many unit must the company sell to break even? What are total sales in dollars at the breakeven point
Write about the given psychology topic : Psychology apa introduction 5 pages. Dominance in hand holding in same sex marriage.
Create a sample project closing document : Create a sample project closing document similar to exhibit 15.3 that participants can fill out to provide feedback for the project.
What doe is humanities mean to be human : Since this is a Humanities course, what doe is it mean to be human? What makes us different in terms of our being?
Why black community treated more favorably : In the black community, why are those with lighter skin treated more favorably than those with darker skin?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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