Break-even-point in sales

Assignment Help Financial Accounting
Reference no: EM13750343

Solen Corporation's break-even-point in sales is $960,000, and its variable expenses are 75% of sales. If the company lost $46,000 last year, sales must have amounted to:

Reference no: EM13750343

Questions Cloud

An example of an activity cost pool : An example of an activity cost pool is
Margin of safety percentage and variable expenses : Arthur Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $330,000 and the variable expenses are 45% of sales. Given this information, the actual profit is: (Do not round your intermediate calculat..
Benefit of combining activity based management : What type of analysis could you use to determine if there is a benefit of combining activity based management and JIT manufacturing?
Write a persuasive essay : From your course textbook, write a persuasive essay based on the Writing for Life assignment at the bottom of page 202 (Scenario 1). For this essay, you are to choose a problem at your school (Florida National University) that you feel needs to be ad..
Break-even-point in sales : Solen Corporation's break-even-point in sales is $960,000, and its variable expenses are 75% of sales. If the company lost $46,000 last year, sales must have amounted to:
Write a word-portrait of a person : Submit the final draft of your Someone You Love essay in .docx or .rtf format, doublespaced, and with proper heading format. Choose one of the topics below, or suggest another topic to me that you find more interesting. Your essay should be about thr..
What are the segment reporting rules under the fasb : What are the segment reporting rules under the FASB, and how do they differ from the IFRS? How are they similar? Which set of rules provides more useful information to investors, and why?
Unit-level activity : Which of the following is not a unit-level activity?
Compute the manufacturing cost : Arnold Corporation uses a job order costing system and applies manufacturing overhead using a predetermined overhead rate based on direct labor hours. Compute the manufacturing cost for August :

Reviews

Write a Review

Financial Accounting Questions & Answers

  Discuss the various types of business combinations

The core values for this course are integrity and excellence. Applying the values of integrity and excellence, discuss ethical considerations of accounting for business combinations in a manner that prevents misunderstanding in the questions below. B..

  What was change in dollars in the company net income

What was change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period?

  Questionon 15th june 2013 sanderson construction entered

questionon 15th june 2013 sanderson construction entered into a long-term construction contract to prepare a baseball

  Using the effective interest method

On January 1, 2013, Mania Enterprises issued 12% bonds dated January 1, 2013, with a face amount of $20 million. The bonds mature in 2022 (10 years). For bonds of similar risk and maturity, the market yield is 10%. Interest is paid semiannually on Ju..

  Compute the total price and quantity variances for labour

The standard cost of product 2525 includes 1.83 hours of direct labor at $13.90 per hour. The predetermined overhead rate is $20.60 per direct labor hour. Compute the total, price, and quantity variances for labor. Total labor variance $ unf..

  What was the cost of goods sold

Calculation of cost of goods sold - what was the cost of goods sold

  Amount of discountor premiumt

Using the straight- line method. the amount of discountor premiumt o be amortized every intrest period would be''

  Considering upgrading its facilities to save consumer costs

An electric utility is considering upgrading its facilities to save consumer costs. Currently these consumer costs total $350,000 per year. Transformer upgrade Y would have an initial cost of $750,000, would last for 20 years with no salvage value, w..

  International issues in managerial communication

Find an article on intercultural or international issues in managerial or corporate communication - Write a synopsis and discuss with other students. Your synopsis should be at least 500 words long.

  Determine the total cost allocated to accounting services

Determine the total cost allocated to Accounting services using Activity-Based costing ABC and Lucy wants her hourly fees for the tax and legal services to be 200% of their activity-based costs. What is the fee per hour for each type of service Luc..

  What is procedural due and substantive due process

In the Australian accounting sphere the concept of due process is applied within the institutional arrangements for regulating financial reporting and falls particularly within the promulgation of accounting standards.

  Describe advantages and disadvantages of organizing

Describe advantages and disadvantages of organizing your scuba diving school as a: 1. Sole proprietorship 2. Corporation, and give your opinion about which form of organization would be best.

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