Break even point and fixed cost

Assignment Help Advanced Statistics
Reference no: EM13115064

For 2011, Flint Corporation sold 100,000 units of its profit for $20 each. The variable cost per unit was $12, and Flint's margin of safety was 30,000 units. What was the amount of Flint's total fixed costs?

Reference no: EM13115064

Questions Cloud

How many moles were formed : Solutions of AgNO3 and KCl are combined and 0.683 g of a precipitate are formed. What is the precipitate and how many moles were formed.
Determining payoff table data analysis tool : A payoff table is a data analysis tool used tell you what the payoffs will be for different outcomes. An expected payoff table gives us the outcome times the probability that it will occur. Give examples (in the simplest form) of these two tables ..
Interpreting mean and fuzzy data : You have been asked to ship a package from Pennsylvania to California. You need to get it there in 2 days, heads will roll if it is late.You call 2 carriers, and ask them what their average transit time is to California.
Explain this three main types of interspecific interactions : Explain this three main types of interspecific interactions:Competition, Predation and symbiosis (between species) and give an example of each.
Break even point and fixed cost : For 2011, Flint Corporation sold 100,000 units of its profit for $20 each. The variable cost per unit was $12, and Flint's margin of safety was 30,000 units. What was the amount of Flint's total fixed costs?
What was the color of the vapor emitted : In the tin oxide laboratory activity, what was the color of the vapor emitted when the nitric acid was added to the tin.
Why is endo agar used instead of nutrient agar : Suppose you were to count one coliform colony produced from a 10 ml water sample. What is the coliform density of the water in cells per 10 ml? Is the water potable? Explain.
Explain commonly methods of evaluating marketing programs : which of the following is correct? There are 3 commonly methods of evaluating marketing programs are 1.marketing metrics, 2.marketing dashboards and which one
What product did he get : Greg Nard added an equivalent of 3,4-epoxy-4-methylcyclohexanol to an ether solution of methyl magnesium bromide and then added dilute hydrochloric acid.

Reviews

Write a Review

Advanced Statistics Questions & Answers

  Purpose of business research

What is the purpose of business research? What is the definition of a hypothesis? Compare and contrast the difference between scientific and business research.

  Computing required rate of return

An analyst has modeled the stock of Crisp Trucking using a two-factor APT model. The risk-free rate is 6%, the expected return on the first factor (r1) is 12%

  Applications of probability in business decisions

In what situations might you use probability as a manager to approach business-related problems? What are the advantages to using probability concepts in business decisions?

  Probability-acceptance sampling for cd

With one method of a procedure called acceptance sampling, a sample of items is randomly selected without replacement and the entire batch is accepted if every item in the sample is okay.

  Information regarding activity cost pools

You have given this information for ABC Corporation. What is the Activity Rate for the three Activity costs Pools?

  Effect of safety stock on reorder point

A company normally orders the EOQ of 120 units and the reorder point is 30 units. However, due to changing conditions, it has become necessary for the company to carry safety stock to prevent stock outs. Which of the following should occur?

  Problems on advanced computer networks

Identify and explain the events that can change the state of the system also determine the percent of time that this storage space will be adequate to accommodate newly arrived jobs-CS524 Advanced Computer Networks

  Accounting-inventory management

The Acme Grocery store started a Coupons Instantly program. It requires a debit card with a minimum of $300, so the customer can buy as many coupons as they want.

  Consequences of sale and land when forming partnership

Mike and Lisa formed a partnership at the beginning of the year. They were equal partners and they had the same basis. When the partnership was formed, Mike contributed the following items:

  Taxation of international transactions

What are the intercompany transactions that USAco must price at arm's length? What compliance techniques may USAco employ to minimize the risk of a transfer pricing penalty?

  Managerial accounting for subsidiaries

The following data summarize the operating performance of your company's wholly owned Canadian subsidiary for 2009 to 2011. The cost of capital for this subsidiary is 10 percent.

  Purpose of a survey

What is the purpose of a survey? What are 3 examples of a survey, and for what potential purpose could each be used? What guidelines would you follow to ensure the participants of a survey will have their responses kept private?

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