What should the unit sales price

Assignment Help Accounting Basics
Reference no: EM132440660

Question - Concord Corporation incurred the following costs for 78000 units:

Variable costs $468000

Fixed costs 392000

Concord has received a special order from a foreign company for 2000 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $3600 for shipping.

If Concord wants to break even on the order, what should the unit sales price be?

(A) $11.03

(B) $6.00

(C) $12.83

(D) $7.80

Reference no: EM132440660

Questions Cloud

Calculate the days sales in inventory ratio : Betty Company shows the following data on its 2013 financial statements: Accounts receivable, January 1 $720,000. Calculate the days' sales in inventory ratio
Market failure arising from negative externalities : Discuss to what extent should governments attempt to influence markets where positive externalities exist?
Foundation called the future of life institute : Elon-Musk donated $10 million to foundation called the Future of Life Institute. How valid are Elon Musk, Bill Gates, and Stephen Hawking's concerns?
How do their incentives to complete paperwork differ : How do the therapists' incentives to produce sessions compare? How do their incentives to complete paperwork differ?
What should the unit sales price : Concord has received a special order from a foreign company for 2000 units. If Concord wants to break even on the order, what should the unit sales price be
What non-financial factors should in solbridge : How does a TCO analysis help manager determine the economic feasibility of enterprise IT systems? What is ROI? As a CIO, which metric is more important and why?
Determining the expenditure on medical goods : Would you expect her expenditure on medical goods for her own health to be higher or lower than a non-physician? Why?
What is the production per capita in year 1 : Suppose the growth of production in Country A follows Harrod-Domar Model.
Determine the annual estimated after-tax net income : The company uses straight-line depreciation, and has a 40% tax rate. Determine the annual estimated after-tax net income

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