User Account

All Pages

What is the unit variable cost

Assignment Help Accounting Basics
Reference no: EM132020637

Question - Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Prachi Company produces and sells disposable foil baking pans to retailers for $2.40 per pan. The variable cost per pan is as follows:

Direct materials - $0.23

Direct labor - 0.51

Variable factory overhead - 0.72

Variable selling expense - 0.12

Fixed manufacturing costs totals $141,145 per year. Administrative cost (all fixed) totals $19,247.

Required:

1. Compute the number of pans that must be sold for Prachi to break even.

2. Conceptual Connection: What is the unit variable cost? What is the unit variable manufacturing cost? Round your answers to the nearest cent.

Which is used in cost-volume-profit analysis? Why?

The input in the box below will not be graded, but may be reviewed and considered by your instructor.

3. How many units must be sold for Prachi to earn operating income of $7,626?

4. How much sales revenue must Prachi have to earn operating income of $7,626?

Reference no: EM132020637

Questions Cloud

Prepare entries to properly record expenses : Prepare any additional journal entries to properly record expenses, assuring the balance sheet accounts will be properly presented
Asset model predict will be the dollar pound spot rate : What does the asset model predict will be the dollar pound spot rate?
Write about the relevance of the research or project : Write about the relevance of the research / project (such as, is it a local challenge that could have global applications) and/or any barriers.
Spreadsheet with graph indicating capital recovery : Determine the ESL by hand. Use a spreadsheet with a graph indicating the capital recovery,
What is the unit variable cost : Conceptual Connection: What is the unit variable cost? What is the unit variable manufacturing cost? Round your answers to the nearest cent
How you would use the theory to counsel maria : Review the current state of Maria's case in the introduction to this module. In a two to three page paper choose one theory of career development.
What are hotspots and why are they not accounted : What are hotspots and why are they not accounted for by plate tectonic theory?
Characteristics will fall within one of the two rock unit : Some characteristics will fall within one rock unit or the other. All characteristics will fall within one of the two rock unit categories.
Hopheart brewery expand their bottling facility : Larry Larson has proposed that HopHeart Brewery expand their bottling facility.

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