What is the breakeven point for monthly sales of the houses

Assignment Help Accounting Basics
Reference no: EM132741730

Question - Write the monthly cost function c (x), revenue function r (x), and profit function p (x).

Answer IF

c (x) = variable cost + fixed cost = 220,000x + 900,000

r (x) = 400,000x

1- What is the breakeven point for monthly sales of the houses?

2- What is the monthly profit if 12 houses are built and sold per month?

Reference no: EM132741730

Questions Cloud

What the deferred tax amount reported in balance sheet is : What the deferred tax amount reported in the balance sheet is? In the first year of operations (2020), S.B. Company had pretax accounting income of $1,180,000
Prepare journal entry to recognize contribution embodied : Prepare the journal entry to recognize the contribution embodied in the trust agreement, assuming the trust was established is established on January 1, 2019
Comment on the ethics of both of the statements : In a Duke University survey of 400 corporate financial executives, two out of five said they would use legal ways to book revenues early if that would help.
Procurement documents-including contract information : Procurement documents-including contract information for key stakeholders and suppliers, and supplier lists.
What is the breakeven point for monthly sales of the houses : Write the monthly cost function c (x), revenue function r (x), and profit function p (x). What is the breakeven point for monthly sales of the houses
Liabilities and recommendations for mitigation and response : Prepare a memorandum outlining your understanding of the company's liabilities and recommendations for mitigation and response.
What was the original issue price : What was the original issue price? Bedford Mattress Company issued preferred stock many years ago. It carries a fixed dividend of $8 per share.
What is the average number of patients at the Clinic : An outpatient clinic reported receiving on average 18 patient visits per hour. What is the average number of patients at the Clinic
What is the tax savings for years : What is the tax savings for YEARS 0, 1 , 2, 3? The PV of the cash outflows for leasing is $27,890. A firm could buy the asset for $30,000 by borrowing

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.

  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!

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