What price should it charge in order to break-even

Assignment Help Accounting Basics
Reference no: EM131797809

Question - Trin Company needs to reduce the selling price of its product in order to be competitive. Currently, Trin has fixed costs of $346,400 and variable costs per unit of $2.50. If Trin can sell 80,000 units, what price should it charge in order to break-even?

$7.44

$4.33

$6.83

$17.05

Reference no: EM131797809

Questions Cloud

Security policy and acceptable use policy : Differentiate between a security policy and an acceptable use policy. Be sure to provide examples of what each might contain.
Compute a median and mean for the pretest : For the test scores first presented in problem 2.6 and reproduced here, compute a median and mean for the pretest and posttest and then interpret.
Analyze the role of the planning in criminal justice : Provide information as well as analyze the roles of the following areas in criminal justice leadership strategies.
Develop a gams model for solving the mathematical model : Develop a GAMS model for solving the mathematical model presented in the paper. Develop necessary parameter values in line with parameter definitions
What price should it charge in order to break-even : Trin Company needs to reduce the selling price of its product in order to be competitive. What price should it charge in order to break-even
Why is entrepreneurship is important : Why is entrepreneurship is important? How does it related to your life ? Explain briefly in your own words and example.
Compute the median and mean scores for these data : A sample of 25 freshmen at a major university completed a survey that measured their degree of racial prejudice (the higher the score, the greater the prejudice
What inventory model do you propose : What inventory model do you propose? What is the order quantity?
How many units must be sold to earn a profit : Annual fixed costs are $24,000. How many units must be sold to earn a profit of $12,000

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