Write out the break-even equation

Assignment Help Managerial Accounting
Reference no: EM132509450

1. Williston, Inc. produces and sells a single product for $40 per unit. Costs are: variable cost per unit $30 and fixed costs $360,000.

Determine:

Question 1a: The number of units necessary to earn a profit of $40,000.

Question 1b: The break-even point in units.

Question 2: Please write out the Break-even equation

Reference no: EM132509450

Questions Cloud

Database management plan : Evaluate and assist company decision makers in understanding the importance of database administration and data governance in relation to building scalable
Define future challenges that face field of public safety : For this discussion, in your opinion what are the future challenges that face the field of public safety and offer suggestions to overcome them? A few examples.
What items would you like to share with the class : What items would you like to share with the class? What resources (e.g., presentation, video, music) are useful in understanding leadership the way it is.
What was the amount of operating income : What was the amount of operating income the flexible budget would have shown for the actual activity level for June? What was the amount of operating income
Write out the break-even equation : Write out the Break-even equation. Determine The number of units necessary to earn a profit of $40,000 and The break-even point in units
Analyzing and visualizing data : After reading Challenger Analysis in Tufte's article, briefly describe why YOU believe the Challenger accident occurred.
What yield to maturity will an investor receive : What yield to maturity will an investor receive if they purchase today?
What is total cost that would be classified as batch-level : During the past year, it has incurred, Using the manufacturing cost hierarchy, what is the total cost that would be classified as batch-level activity costs?
Purchase a package of shredded cheese : Sarah Wilson wants to purchase a package of shredded cheese at a local store for taco night. Is it better for her to pay $2.56

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Determine what is the net present value of the investment

What is the net present value of this investment? What is the internal rate of return? What is the accrual accounting rate of return based on the initial

  A list of budgeted costs

You have been provided with a list of budgeted costs and asked to devide them into two different cost pools as part of your accounting process. You use the ABC method and accummulate costs into logical cost pools. The list of costs need to be divided..

  Why are separate price and quantity variances computed

What is meant by the term management by exception? Why are separate price and quantity variances computed? Who is generally responsible for the materials price variance? The materials quantity variance?

  How do a traditional format income statement for august

How do a contribution format income statement for August. Show costs and revenues on both a total and a per unit basis down through contribution margin.

  What advice would give russ concerning the machine

Based on the unaudited financial statements and the statement made by the loan officer, would the company quality for the loan.

  Prepare statement of cost of goods sold

Prepare statement of cost of goods sold and a statement of cost of goods manufactured for 2019, information is available for Booker Company for 2019

  Overhead and administrative expense budget

3. Overhead and administrative expense budget schedule for the month of June.

  Determining cost accumulation

Describe the specific characteristics of each system and provide several examples (i.e. at least two) from companies in your community for each system (i.e. at least four companies should be described).

  Would such values remain constant or be subject to change

Discuss whether or not you believe human capital should be included in the financial statements. What are some of the difficulties that may be encountered

  What allocation base should be used to apply overhead

Describe the problems with the company's current method for applying overhead and make recommendations on how to improve the application of overhead

  Discuss the qualitative factors that the company will need

discuss the qualitative factors that company will need to take into consideration before accepting special order of supplying 100 thousand units to customer.

  How long does it take for the cost to become variable

Fixed in the short run but becomes variable over a longer period of time. Approximately how long does it take for this cost to become variable?

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