A total of 30000 units were sold last year the contribution

Assignment Help Accounting Basics
Reference no: EM13598997

A total of 30,000 units were sold last year. The contribution margin per unit was $2, and fixed expenses totaled $20,000 for the year. This year fixed expenses are expected to increase to $26,000, but the contribution margin per unit will remain unchanged at $2. How many units must be sold this year to earn the same profit as was earned last year?

Reference no: EM13598997

Questions Cloud

Henry and thomas shares gains and losses in the ratio of 21 : 1. as a part of the initial investment in forming a partner contributes office equipment that had a cost of 20000 and
Linda wants to use the 241300 proceeds 163000 20000 58300 : linda wants to use the 241300 proceeds 163000 20000 58300 241300 from sale of the securities to open a retail store
Tranter inc is considering a project that would have a : tranter inc. is considering a project that would have a ten-year life and would require a 1200000 investment in
Open t-accounts using the following account numbers cash : 1. the journal of ward technology solutionsincludes the following entries for may 2012 may 1 the business received
A total of 30000 units were sold last year the contribution : a total of 30000 units were sold last year. the contribution margin per unit was 2 and fixed expenses totaled 20000 for
The securities were all sold at the end of 3 years so that : linda clark received 182000 from her mothers estate. she placed the funds into the hands of a broker who purchased the
Congress is opening hearings to determine how enrons : congress is opening hearings to determine how enrons financial mess escaped the attention of its auditors. but some of
Should roi be the only gauge a company uses to evaluate : should roi be the only gauge a company uses to evaluate investments? also is it wise for a company to lose money on one
Perry company had no short-term investments prior to year : perry company had no short-term investments prior to year 2011. it had the following transactions involving short-term

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