Calculate its break-even point in sales dollars

Assignment Help Accounting Basics
Reference no: EM131805428

Question - Penny Pincher, Inc. had a contribution margin of $33,000 on sales of $50,000 and had fixed costs of $18,000. Calculate its break-even point in sales dollars.

Reference no: EM131805428

Questions Cloud

Explain the general purposes of the management report : Explain the general purposes of the management report. Identify five subject areas or topics which have been recommended for inclusion
Calculate the usual measure of the level of uncertainty : Find the usual measure of the level of uncertainty in the percentage of loans you authorized that will never be repaid. Briefly interpret this number.
Percent voting democrat in sample be an unbiased estiamtor : Consider an election poll designed so that each household has an equal chance of being selected and one registered voter is interviewed from each selected.
Find the mean and standard deviation of the percentage : Using the current assumptions, find the mean and standard deviation of the percentage among those surveyed who will want to buy the new product.
Calculate its break-even point in sales dollars : Penny Pincher, Inc. had a contribution margin of $33,000 on sales of $50,000 and had fixed costs of $18,000. Calculate its break-even point in sales dollars
Discuss managerial accounting and financial accounting : discuss the major differences between managerial accounting and financial accounting
Question regarding the leadership analysis : Analyze an effective or ineffective leader within an organization by answering the following questions:
Is leadership native or learned or both : Is leadership native or learned or both? Think about someone you have worked with and admire as a leader.
Prepare the journal entry to record income tax expense : The tax rates in effect are: 2014, 40%. Prepare the journal entry to record income tax expense, deferred income taxes, and income tax payable for 2014.

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