Calculate the break-even point in dollars

Assignment Help Accounting Basics
Reference no: EM132994057

Question - Alberta Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $200,000 and variable costs to be $20 per unit.

Required -

a. Calculate the break-even point in dollars.

b. Calculate the sales dollar required to earn operating income of $120,000.

Reference no: EM132994057

Questions Cloud

Determine a firm total asset turnover : Determine a firm's Total Asset Turnover if its net profit margin is 6 percent, assets are JD500,000 and return on total assets (ROA) is 8 percent
Would you purchase the bonds : If you are considering an investment in NASHORA Corporation's bond, and your required rate of return is 10.50%, would you purchase the bonds
Determine the upper limit of deviation for each : Provide a written analysis of your audit and include a response to the question below: Determine the upper limit of deviation for each of the controls
Why does not IFRS have the same guidelines as GAAP : GAAP is very detailed and has strict guidelines that US-based companies have to follow in order to have their financial statement
Calculate the break-even point in dollars : For the coming year, management expects fixed costs to total $200,000 and variable costs to be $20 per unit. Calculate the break-even point in dollars
How much is the ending inventory of plastic : How much is the ending inventory of plastic to be reported on the company's balance sheet at September 30
How much will you gain or lose after two years : Currently the bond is selling for face value. How much will you gain or lose after two years, the yield on the comparable preferred stock is 9 percent
Determine the amount of the adjusting entry : An analysis of receivables estimates uncollectible receivables as $25,000. Determine the amount of the adjusting entry for bad debt expense
Calculate the NPV of the project using nominal values : The real discount rate is 4%, the expected inflation is 5%, and the corporate tax rate is 40%. Calculate the NPV of the project using nominal values

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