What is its break-even point in dollars

Assignment Help Accounting Basics
Reference no: EM132195258

Question - Jackson Company produces chairs, which sell for $100 per unit. The chairs have variable costs of $60 per unit, and the company has $240,000 of fixed costs, If the company produces and sells 8,000 units, what is its break-even point in dollars?

A. $4,000

B. $600,000

C. $6,000

D. $320,000

Reference no: EM132195258

Questions Cloud

Eligibility criteria for medicare home health : Attacting and maintaining high-quality staff is not challenge for all nursing homes. Enrollment in medicare is not eligibility criteria for medicare home health
How much overhead cost would be applied to work in process : If 15,000 hours of labor are actually worked in February, how much overhead cost would be applied to work in process during the month
Dietary counselors are not part of the hospice team members : Dietary counselors are not part of the hospice team members (employees). Licensed staff in a adult day services facility is a social worker.
Calculate the cost per unit under variable costing : Assume the company produced 10,000 of inventory, sold 6,000 of these units in the current year. Calculate the cost per unit under variable costing
What is its break-even point in dollars : The company has $240,000 of fixed costs, If the company produces and sells 8,000 units, what is its break-even point in dollars
Compare michael eisner current compensation package : Compare Michael Eisner's current compensation package to the company's recent performance. Was his pay justified? Why or why not
Influencing potential business opportunity in ethiopia : Critically analyse the social institutional issues, customs, traditions and beliefs influencing the potential business opportunity in Ethiopia.
Calculate the amount of raw materials transferred : If the ending balance in raw materials was $5,000, the amount of raw materials transferred to work in process inventory is
What is the purpose of a cash flow statement : Question - What is the purpose of a cash flow statement, and what information is reported on this statement?Is it useful

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute northeast usa first-year depreciation

Assume that at the beginning of 2010, Northeast USA, a FedEx competitor, purchased a used Boeing 737 aircraft at a cost of $53,000,000. Northeast USA expects the plane to remain useful for five years (six million miles) and to have a residual valu..

  Compute the predetermined oh rates used in fabrication

(Departmental rates) All jobs at Frankfurt Inc., which uses a job order costing system, go through two departments (Fabrication and Assembly). Overhead is applied to jobs based on machine hours in Fabrication and on labor hours in Assembly.

  What does transparency mean in accounting

What does "transparency" mean in accounting? What is the term used to describe the possibility that a foreign currency will decrease in US $ value over the life of an asset such as Accounts Receivable

  Why is budgeting important to an organization

Discuss the similarities and differences between static and flexible Budgeting and Capital budgeting. Why is budgeting important to an organization?

  Compute the amount of comprehensive income for the year

There was no other changes in stockholders' equity except comprehensive income during the year. Compute the amount of comprehensive income for the year.

  Determine the minimum acceptable price for the job

Clay Co. has considerable excess manufacturing capacity. What is the total amount to be included in the calculation to determine the minimum acceptable price

  Why is the distinction between deductions for agi and

why is the distinction between deductions for agi and deductions from agi important for individuals?al capones

  What is the initial investment outlay

Nystrand Corporation's stock has an expected return of 12.25%, a beta of 1.25, and is in equilibrium. If the risk-free rate is 5.00%, what is the Market risk premium?

  Part of the accounting process

Bookkeeping differs from accounting in that bookkeeping primarily involves which part of the accounting process?

  After-tax profit of falcon company

Compute the after-tax profit of Falcon.Com separately for both the (1) FIFO and (2) LIFO methods of inventory valuation assuming the company has no expenses other than cost of goods sold and its income tax rate is 50%. Taxes are accrued currently ..

  As useful as financial statements are they have their

as useful as financial statements are they have their limitations. of course we should be aware of such limitations

  What ethical concern do you have regarding the method used

what ethical concern do you have regarding the method used to gather information about space utilization? what

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