User Account

All Pages

What is the minimum number of boxes of detergent

Assignment Help Accounting Basics
Reference no: EM133157491

Question - The laundry serves 3,500 customers per month. The customers uses 1 wash cycle with $3.20 electricity and water cost. The price of laundry is $6.50 and fixed costs are $6,600 for the laundry mat. There is also detergent for sale for 0.25 (unit cost).

If the laundry sells the detergent for $0.50, what is the minimum number of boxes of detergent they have to sell to break even?

A) None

B) 8,800 Boxes

C) 26, 400 Boxes

D) The answer cannot be determined from the information given

Reference no: EM133157491

Questions Cloud

Discuss the agency conflict : Discuss the agency conflict between the shareholders and the bondholders by relating to any two (2) of such conflicts
What would be the payback period for the machine : The present value of an annuity of P1 in arrears at 8% for 6 years is 4.623. What would be the payback period for the machine
Identify scope creep : Was the project manager able to reverse scope creep? Is it possible to reverse scope creep and what is the impact? How do you identify scope creep?
What is the expected after-tax cash flows from the project : Malipol Books is considering the purchase of a new binding equipment that will reduce operating costs. What is the expected after-tax cash flows from the projec
What is the minimum number of boxes of detergent : If the laundry sells the detergent for $0.50, what is the minimum number of boxes of detergent they have to sell to break even
Describe the qualities of change leader : Describe the qualities of a change leader and how leaders can serve as role models for change, and how these leaders impact organizational culture.
By how much have excess reserves changed : Now suppose the FED buys $1 million worth of securities from the Wherethehellami branch. By how much have excess reserves changed
Are warehousing costs considered a product cost : At year-end, the warehousing costs are prorated over cost of goods sold and ending inventory. Are warehousing costs considered a product cost or a period cost
How corporate ethics and corporate social responsibility : How corporate ethics and corporate social responsibility (CSR) can help attract and retain (even improve the morale of) talent

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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