Browns break-even point in sales

Assignment Help Accounting Basics
Reference no: EM13128677

Brown Company's contribution margin ratio is 24%. Total fixed costs are $84,000. What is Brown's break-even point in sales dollars?

Reference no: EM13128677

Questions Cloud

Estimate interquartile range of cholesterol level : Adult US women are known to have cholesterol levels that are N(189 mg/dL, 25 mg/dL). What % of US women would you expect to have cholesterol levels below 135?
Indicate how much income telephone sellers should recognize : Indicate how much income Telephone Sellers should recognize in January, February, March, and April.
Is there difference in mean number of defects per shift : At 0.05 significance level, is there a difference in the mean number of defects per shift? Assume that the populations are approximately normally distributed and the variances are equal.
What i want to achieve with my college degree : Provide an essay on "What I want to achieve with my college degree".
Browns break-even point in sales : Brown Company's contribution margin ratio is 24%. Total fixed costs are $84,000. What is Brown's break-even point in sales dollars?
Create a partial balance sheet of spain company : Information related to plant assets, natural resources, and intangibles at the end of 2010 for Spain Company is as follows: buildings $1,100,00; accumulated depreciation--buildings $650,000; goodwill $410,000; coal mine $500,000; accumulated depl..
Journal entries by twin digital : Prepare the journal entries by Twin Digital to record the semiannual interest on July 1, 2011, as well as to record the redemption of the bonds on July 1, 2011.
What are the rates of production of p4 and h2 : If, in a certain experiment, over a specific time period, 0.0035 mol PH3 is consumed in a 2.0 L container during each second of reaction, what are the rates of production of P4 and H2 in this experiment?
Illustrate what would the selling price have to be in order : Assume that Felde Company sells the same number of units in 2012 as it did in 2011. Illustrate what would the selling price have to be in order to reach the stockholders' desired profit level?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Suburban lifestyles roi residual income

Suburban Lifestyles, Inc. has manufactured prefabricated houses for over 20 years. The houses are constructed in sections to be assembled on customers' lots. Suburban Lifestyles expanded into the precut housing market when it acquired Fairmont Com..

  Earnings per share for the year

Compute Dow's earnings per share for the year ended December 31, 2011. (Do not round intermediate calculations. Round your answers to 2 decimal places.

  Generating theories of accounting

In generating theories of accounting based upon what accountants actually do, it is assumed (often implicitly) that what is done by the majority of accountants is the most appropriate practice.

  Confidence in the estimated cost of equity

If all of the methods produce similar results, then decision makers can have more confidence in the estimated cost of equity. Why do you think this is a correct statement?

  Condemnation award gains-replacement real property

William Stevenson sold his warehouse to a public utility for $24,000 under a threat of condemnation. He paid $25000 for the property and spent an addition $1000 for a new roof. He had claimed $3600 depreciation in conjunction with the condemnation..

  Journal entries for recording pension expense

Prepare the journal entries to record the pension expense and funding for the year.

  How operating income be affected

If Hoffman accepts the special order, the company would not have to pay its salespeople their normal commission of $2 per unit, but the company would incur a shipping cost of $3 per unit on the items in the special order. If Hoffman accepts the sp..

  Information on journal entries to record business

On Jan 1, 2002, Frost Company acquired all of TKK Corporation's assets and liabilities by issuing 24,000 shares of its $4 par value common stock. At that date, Frost shares were selling at $22 per share. Historical cost and fair value balance shee..

  Product structure tree and mrp schedule

Assume that Product Z is made up of two units of A and four units of B. A is made of three units of C and four units of D. D is made of two units of E.

  Communicating effectively

Describe situations where you have effectively demonstrated each of the forms of communication mentioned. What did you do to help you communicate effectively?

  Determining new pcaob reporting requirements

Examine different types of organizational illegal activities, including cybercrimes and the impact to the organization. Use technology and information resources to research issues in forensic accounting.

  Prepare the companys stockholders equity section

Melcher, Inc., originally sold 100,000 shares of its $10 par value common stock at $25 per share. Several years later the company repurchased 10,000 of these shares at $55 per share. Melcher currently holds those shares in treasury. Prepare the co..

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