Bills cabinets sells a product for 360 per unit th e

Assignment Help Accounting Basics
Reference no: EM13569935

Bill's Cabinets sells a product for $360 per unit. Th e company's variable cost per unit is $60 for direct material, $50 per unit for direct labor, and $34 per unit for overhead. Annual fi xed production overhead is $74,800, and fi xed selling and administrative overhead is $50,480. a. What is the contribution margin per unit? b. What is the contribution margin ratio? c. What is the break-even point in units? d. Using the contribution margin ratio, what is the break-even point in sales dollars? e. If Bill's Cabinets wants to earn a pre-tax profi t of $51,840, how many units must the company sell?

Reference no: EM13569935

Questions Cloud

Lundberg corporations most recent balance sheet and income : lundberg corporations most recent balance sheet and income statement appear below dividends on common stock during year
Aldridge enterprises has a long standing policy of : aldridge enterprises has a long standing policy of acquiring company equipment by leasing. early in 2011 the company
Ehrmann data systems is considering a project that has the : ehrmann data systems is considering a project that has the following cash flow and wacc data. what is the projects
The following standards for variable manufacturing : the following standards for variable manufacturing overhead have been established for a company that makes only one
Bills cabinets sells a product for 360 per unit th e : bills cabinets sells a product for 360 per unit. th e companys variable cost per unit is 60 for direct material 50 per
Breezes curacao has 200 rooms each room rents at 130 per : breezes curacao has 200 rooms. each room rents at 130 per night and variable costs total 42 per room per night of
Lauer company reported net income of 66800 on sales of : lauer company reported net income of 66800 on sales of 300000. the company has total assets of 500000 and total
An employee earns 40 per hour and 175 times that rate for : an employee earns 40 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. assume that the
A truck contains 150 small packages some weighing 1 kg : a truck contains 150 small packages some weighing 1 kg each and some weighing 2 kg each. how many packages weighing 2

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