All sales are made through the companys own retail outlets

Assignment Help Accounting Basics

Reference no: EM13579881

Athletic Sports, Inc., produces high-quality sports equipment. The company's Racket Division manufactures two tennis rackets-the Standard and the Deluxe-that are widely used in amateur play. Selected information on the rackets is given below:

Standard Deluxe

Selling price per racket                                        $47.70                     $84.00
Variable expenses per racket:
Production                                                           $21.40                      $28.10
Selling                                                                 $ 2.45                        $ 5.50

Sales in units over the past two months have been as follows:

Standard Deluxe

April 5000 3000

May 4000 3500

All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs:

Per month

Fixed production cost $ 107,100

Advertising expense $ 101,000

Administrative salaries $ 50,000

Total $ 258,000

Compute the Racket Division's break-even point in dollar sales for April.

Reference no: EM13579881

Questions Cloud

Internal auditors for rockford products discovered in early : internal auditors for rockford products discovered in early 2011 these errors and ommissions in their review of the

Prepare the entries that batson company would record for : sampson co. sold merchandise to batson co. on account 39000 terms 215 net 45. the cost of the merchandise sold is

Wen those 15 valuse are added then didvided by 15 the : a statiscal abstract includes the average per captia income for each of 15 states. when those 15 valuse are added then

Suppose we analyzed the effect of grade point averages on : question suppose we analyzed the effect of grade point averages on grades in a specific class and found the results to

All sales are made through the companys own retail outlets : athletic sports inc. produces high-quality sports equipment. the companys racket division manufactures two tennis

Bank construction company began work on a new building : bank construction company began work on a new building project on jan 12010. the project is to be completed by december

Assume you have the following data h1 micro 200 s 30 n 64 : q1 assume you have the following data h1 micro ? 200 s 30 n 64 and x 218. conduct a two tailed hypothesis test at the

Find the probability that 11 or more have never been a : a recent survey found that 86 of the population has never been a victim of a violent crime. if a sample of 13 is

Finlon upholstery inc uses a job-order costing system to : finlon upholstery inc. uses a job-order costing system to accumulate manufacturing costs. the companys work-in-process

User Account

All Pages