Benkarts tire store has fixed costs of 220000 tires sell

Assignment Help Accounting Basics
Reference no: EM13572957

Benkart's Tire Store has fixed costs of $220,000. Tires sell for $95 each and have a unit variable cost of $45. What is Benkart's break-even point in units?

Reference no: EM13572957

Questions Cloud

The karns oil company is deciding whether to drill for oil : the karns oil company is deciding whether to drill for oil on a tract of land that the company owns. the company
The list of costs incurred by several business : the list of costs incurred by several business organizations. classify each of the costs below as product costs or
On january 1 2009 eagle company purchased 15 of the voting : on january 1 2009 eagle company purchased 15 of the voting common stock of frank corp. on january 1 2011 eagle
What is the difference between a stock dividend and a : what is the difference between a stock dividend and a stock split? as a stockholder would you prefer to see your
Benkarts tire store has fixed costs of 220000 tires sell : benkarts tire store has fixed costs of 220000. tires sell for 95 each and have a unit variable cost of 45. what is
Compute the net present value of the project round pv : ignore income taxes in this problem. farah corporation has provided the following data concerning a proposed investment
What is the economic difference between a stock dividend : what is the economic difference between a stock dividend and a stock split?stock splits create greater economic
Suppose the exchange rate between us dollars and the swiss : suppose the exchange rate between u.s. dollars and the swiss franc was sfr1.6 1 and the exchange rate between the
Bella company is considering purchasing new equipment for : bella company is considering purchasing new equipment for 408414. it is expected that the equipment will produce net

Reviews

Write a Review

Accounting Basics Questions & Answers

  Dcl industries purchased a supply of mechanical components

dcl industries purchased a supply of mechanical components from e corporation on november 1 2011. in payment for the

  Transferred inventory to a corporation

Evan Erman transferred inventory to a corporation in a Code Sec. 351 transaction. His basis in the inventory was $10,000 and its value was $8,000. If he received $2,000 in cash and 100 shares of stock, the resulting bases are:

  Critically discuss the relationship between gross margin

what is the relationship between gross margin and net income?gross margin - merchandise inventory at the end of the

  Extermination services revenue account

On August 1, 2009, the company is paid $3,840 cash in advance to provide monthly service for an apartment complex for one year. The company began providing the services in August. When the cash was received, the full amount was credited to the Ext..

  Direct materials casting 375720 were placed in production

sue electronics makes cd players in three processes assembly programming and packaging. direct materials are added at

  Adjusting entry include a credit to allowance account

Chen Company's account balances at December 31, 2007 for Accounts Receivable and the Allowance for Doubtful Accounts are $320,000 debit and $600 credit. Sales during 2007 were $900,000. It is estimated that 1% of sales will be uncollectible. The a..

  Question regarding contingent payment

The founders of an acquired company are granted a contingent payment for three years after the acquisition based on those years earnings:

  What is the objective of lease classification criteria

An important element of evaluating leases is determining whether substantially all of the risk and rewards of ownership are transferred in the lease. How os "Substantially all" defined in the authoritative literature?

  Hamilton company manufactures engines hamilton produces all

hamilton company manufactures engines. hamilton produces all the parts necessary for its engines except for one

  Nieto co elects to use the percentage-of-sales basis in

nieto co. elects to use the percentage-of-sales basis in 2008 to record bad debts expense. it estimates that 3 of net

  The history of auditing

The History of Auditing

  Principles for ethical behavior

Which of the following is one of the sound principles for ethical behavior?

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