What number must warner sell per month to break even

Assignment Help Accounting Basics
Reference no: EM132465479

Required information
[The following information applies to the questions displayed below]

  • Warner Clothing is considering the introduction of a new baseball cap for sales by local vendors. The company has collected the following price and cost characteristics.

Sales price                 $ 15 per unit

Variable costs               3 per unit

Fixed costs            45,000 per month

Required:

Question a. What number must Warner sell per month to break even?

Question b. What number must Warner sell per month to make an operating profit of $39,000?

Reference no: EM132465479

Questions Cloud

Objective of maximising shareholders wealth : Is exploitation of customers by a monopoly supplier, who charges very high prices, consistent with the objective of maximising shareholders wealth?
Bond trades to earn an effective yield : Assume that on June 1, 2019, the bond trades to earn an effective yield of 8 %. At what price should this bond be trading for on July 1, 2019?
Corporate infrastructure proposal : Create a comprehensive proposal and training document for your company - Company - Tri-Arrow Printing - Recommended infrastructure and technology requirements
Indirect quote from the perspective of a eurozone citizen : Is the $1.1138/€ price given above a direct quote or indirect quote from the perspective of a Eurozone citizen?
What number must warner sell per month to break even : What number must Warner sell per month to make an operating profit of $39,000?What number must Warner sell per month to break even
British pound contract size : The three-month futures price for the British pound is $1.3160/£. You expect the spot price three months from today to be $1.2690/£.
Determining the three-year payback period to project : Should Susan add toys to her store if she assigns a three-year payback period to this project? Why or why not?
Propose a way of testing whether management earnings : Propose a way of testing whether management earnings forecasts are more useful than earnings announcements for valuation.
Prepare dissertation on selected topic : Prepare Dissertation on Role of Information Communication Technology ( ICT) on construction or Automation in construction industry and its affect.

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