What is the sales dollars to breakeven

Assignment Help Financial Accounting
Reference no: EM13827173

ABC Solar Company produces garden lamps. the annual fixed costs are $110,00 and variable cost to make the solar garden lamps is $7.00 per unit. The expected selling price is $15.00.

1. Determine the numbers of units need to sell to break even.

2. What is the sales dollars to breakeven?

3. What the number of unit need to sell to make a $100,000 profit?

4. If only 10,000 lamps are sold, what is the profit or loss?

Reference no: EM13827173

Questions Cloud

Two kinds of plastic bins-regular and large : There are two kinds of plastic bins; regular and large. The machinery can only run for 3500 hours per period. 9 large bins per hour and 17 regular bins per hour can be produced in the same amount of time. Fixed costs are $130,000 per period. The sale..
Primary weaknesses in bioglass promotion policy : Based on the case study, Changing a Promotion System, at the end of Ch. 10, determine what you believe are the three (3) primary weaknesses in BioGlass Inc.'s promotion policy. Next, describe two (2) solutions to address the identified weaknesses. Th..
Expected increase in variable manufacturing costs : Peters Company makes a product that regularly sells for $11.00. The product has variable manufacturing costs of $11.50 per unit and fixed manufacturing costs of $1.60 per unit (based on $180,00 total fixed costs at current production of 120,000 units..
Intra-entity asset transactions no official fasb guidance : Consolidated Financial Statements – Intra-Entity Asset Transactions no official FASB guidance exists on the assignment of income effects on non-controlling interest in the consolidation process, when either the parent transfers a depreciable asset to..
What is the sales dollars to breakeven : ABC Solar Company produces garden lamps. the annual fixed costs are $110,00 and variable cost to make the solar garden lamps is $7.00 per unit. The expected selling price is $15.00. Determine the numbers of units need to sell to break even. What is t..
Compute the breakeven point is sales dollars : Meadowlands Design products head covers for golf clubs. The company expects to generate a profit next year. It anticipates fixed manufacturing costs of $200,500 and fixed general and administrative expenses of $80,000 for the year. Variable Manufactu..
Determine the numbers of units need to sell to break even : ABC Solar Company produces garden lamps. the annual fixed costs are $110,00 and variable cost to make the solar garden lamps is $7.00 per unit. The expected selling price is $15.00. Determine the numbers of units need to sell to break even. What is t..
Determine the expected total cost for a month : The cab driver incurred costs of $3000 during its busiest month, driving 5,000miles. During the slowest month the vehicle was driven for only 2000 miles for an maintained cost of $2500.00. Using the High-Low method, determine the expected total cost ..
Ensure operational efficiency and effectiveness. : 1. Recommend at least three (3) best practices that any organization could adopt in order to avoid such a failure in the future. Provide support for the recommendation.2. Suggest how health care leaders can use project metrics and portfolio managemen..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare the closing entries for the company

Emaasxye has been operating as a sole proprietorship under the name XYZ Company for the last five years. The following is the company's unadjusted trial balance for the year ended Dec 31, 2011.

  Prepare a report to the group financial director of sizacom

Evaluate, with reasons, the recognition and measurement of customer acquisition costs; and discuss the current income tax and deferred tax implications of the customer acquisition costs for Sizacom Ltd.

  What is amount of the tax liability for head of household

What is the amount of the tax liability for a head of household person having taxable income of $87,573? All answers should be rounded to the nearest dollar.

  Draft the required communications to the management

Ken Smith, the partner in charge of the audit of Houghton Enterprises, identified the following significant deficiencies during the audit of the December 31, 2013, financial statements: 1. Controls for granting credit to new customers were not adequa..

  Determine the cost recovery for current year

Determine the cost recovery for the current year. Debra does not elect immediate expensing under S179.She elect not to take additional first year depreciation.

  Amounts for gross profit-income before income taxes

Springdale Retail, Inc., is a retailer that has engaged you to assist in the preparation of its financial statements at December 31, 2015.  Prepare an income statement for the year ended December 31, 2015, which includes amounts for gross profit, inc..

  Herschs after-tax required rate of return and tax rate

Aaron Hersch is a real estate developer who specializes in residential apartments. A complex of 20 run-down apartments has recently come on the market for $332,500. Hersch predicts that after remodeling, the 12 one-bedroom units will rent for $380 pe..

  Q 1 which of the subsequent is not an advantage of

q 1. which of the subsequent is not an advantage of post-audits of capital investments?a. they show whether project

  What proportion of intragroup transactions

Where only a proportion of subsidiary's shares are owned by a parent entity, what proportion of the intragroup transactions between the parent entity and the subsidiary will need to be eliminated on consolidation?

  Decision-making case study

Should directly connect with the customer and should talk about the two important events - Contents must give a clear idea about the best deals and new product range which will help in attracting the customer.

  Inventory cut-off

Vogts Company sells TVs. The perpetual inventory was stated as $38,500 on the books at December 31, 2014. At the close of the year, a new approach for compiling inventory was used and apparently a satisfactory cut-off for preparation of financial sta..

  Calculate the net income reported by winston for each

Calculate the net income reported by Winston for each of the three years, assuming it accounts for its investment in Fullbright using (a) the cost method and (b) the equity method

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