Calculate breakeven revenue

Assignment Help Managerial Accounting
Reference no: EM132507597

Springhill Company prepared the following projected income statement:

Sales (5,000 units @ $12 each) $60,000

Less: Variable Costs 45,000

Fixed Costs 6,900 51,900

Operating Income $ 8,100

Question a. Calculate unit variable cost

Question b. Calculate breakeven number of units

Question c. Calculate the contribution margin ratio

Question d. Calculate breakeven revenue

Question e. If Springhill wants to make a profit of $20,000, what revenue must it earn to do so?

Reference no: EM132507597

Questions Cloud

HC2091 Business Finance Assignment : HC2091 Business Finance Assignment Help and Solution - Holmes Institute, Australia - Assessment Writing Service - Calculate the profitability index
Calculate the overhead rate for each overhead activity : Calculate the overhead rate for each overhead activity. Woodlawn produces two types of optical mirrors. At the beginning of the year
Describe opportunities for personal-professional development : Describe opportunities for personal/professional development and resources or organizations that can support your growth as an innovative leader.
Calculate total overhead applied to jobs : Linwood Company produces sheds, Calculate the predetermined overhead rate. Calculate total overhead applied to jobs.Calculate under/overapplied overhead.
Calculate breakeven revenue : If Springhill wants to make a profit of $20,000, what revenue must it earn to do so? Calculate the contribution margin ratio. Calculate breakeven revenue.
Describe the history of healthcare information systems : Describe the history of healthcare information systems. Identify and analyze at least five driving forces in the emergence and adoption of HIT.
What is fixed maintenance cost per unit : What is fixed maintenance cost per unit (200,000 units?) What was the total fixed maintenance cost? What is the total cost per unit at 200,000 units?
.framing research and methodological alignment : Describe how you will ensure methodological alignment for your own research method choice for the dissertation research study.
Calculate material and labor variances incurred by bradshaw : Calculate the material and labor variances incurred by Bradshaw. Bradshaw Corporation makes leather purses and uses a standard costing system

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What standard setters were committees formed by the aicpa

Accounting Research Method - You are trying to determine when it is appropriate to recognize revenue from the sale. Which two subtopics from the Revenue

  The completion of units in process and their transfer

The completion of units in process and their transfer to finished goods.

  Income statement and selected balance sheet data

1.Lansing Company's 2013 income statement and selected balance sheet data at December 31, 2012 and 2013 follow.

  Calculate combined employee and employer annual social

List of employees that provides their gross wage and pay frequency. Calculate their combined employee and employer annual Social Security contribution.

  Consider the following information prepared based on a

consider the following information prepared based on a capacity of 40000 unitscategorycost per unitvariable

  How much will you pay for the companys stock

Take time corporation will pay a dividend - If you require a return of 11 percent on your investments, how much will you pay for the company's stock today

  Compute the internal rate of return

Compute the machines IRR - Compute the machines net present value and compute the internal rate of return.

  Income statement for september

The company expects to sell $560 units in September. Example of an income statement for September using contribution margin format.

  How to budget for a louis versailles ltds fashion show

How to budget for a Louis Versailles Ltd's fashion show at the 25th Mercedes-Benz Fashion Week with the given estimate for each cost

  BA3426 Corporate Finance Assignment

BA3426 Corporate Finance Assignment Help and Solution - University of New Brunswick, Canada. What is degree of operating leverage

  Calculate the margin of safety

Calculate the degree of operating leverage.ble for the Stark Company. Calculate the break-even sales for the month. Calculate the margin of safety

  Question 1 1000 words maximumfind a newspaper article or

question 1 1000 words maximumfind a newspaper article or web page report of an item of accounting news i.e. it refers

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