Calculate the break-even point in sales dollars use rounded

Assignment Help Accounting Basics
Reference no: EM13592544

Peggy's Ribbon World makes award rosettes. Following is information about the company:


Variable cost per rosette-----------$1.21
Sales price per rosette--------------2.30
Total fixed costs per month--------887.00

1: Determine how many rosettes Peggy's must sell to break even. (Round your intermediate calculations to 2 decimal places and final answer to next whole number.)

Break-even units:______rosettes

2: Calculate the break-even point in sales dollars. (Use rounded break-even units calculated above. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Break-even sales dollars:$_______

Reference no: EM13592544

Questions Cloud

Equipment is purchased at a cost of 80000 as a result : equipment is purchased at a cost of 80000. as a result annual cash revenues will increase by 45000 annual cash expenses
O january 1 2007 the company obtained a 1 million 5 year : on february 1 2007 the caper manufacturing co. began construction of a building to be used as corporate offices. the
Eaton co uses the retail inventory method to estimate its : eaton co. uses the retail inventory method to estimate its inventory for interim statement purposes. data relating to
What amount of net income is available to common : 1. what amount of net income is available to common stockholders for 2011? omit the sign in your response. net income
Calculate the break-even point in sales dollars use rounded : peggys ribbon world makes award rosettes. following is information about the company variable cost per
Braun invested a certain sum of money at 8 pa simple : braun invested a certain sum of money at 8 p.a. simple interest for n years. at the end of n years braun got back 4
Calculate corys degree of operating leverage if he drives : cory bryant runs a courier service in downtown phoenix. he charges clients 0.50 per mile driven. cory has determined
Determine the number of pizzas that pizazz must sell to : pizza pizazz is a local restaurant. price and cost information follows price per pizza 13.01 variable cost per pizza
Requisitioned materials for production as follows direct : prepare the necessary journal entries from the following information for caudill company.a. purchased materials on

Reviews

Write a Review

Accounting Basics Questions & Answers

  Preparing a well organized and formatted schedule

Sue ask for you to prepare a well organized and formatted schedule showing what the variable manufacturing cost is as a percentage of total sales for each of the three product sales for 2007.

  What is a contingent liability

What is a contingent liability? How is one reflected in the financial statements and the footnotes? How is this accounting treatment consistent with the concept of a liability?

  Cash receipts comes in to credit dept which separates the

identifying and correcting internal control suppose a car dealership is opening a regional office in texas. linda

  Amounts of components of pension expense

Desiree Griseta Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the plan for the year 2004 in which no benefits were paid. Determine the amounts of the components of pension expense t..

  Balance sheet 598 million of 525 percent note payable due

balance sheet 598 million of 5.25 percent note payable due in 2016. companys income tax rate is approximately 19

  Which of the explanations most likely would satisfy an

which of the explanations most likely would satisfy an auditor who questions management about significant debits to the

  Business income subject to us taxation

What factor(s) do U.S. taxing authorities consider to determine whether the interest is investment income not subject to U.S. taxation or business income subject to U.S. taxation?

  Requirement 1 in millions 2011 2012 2013contract price 340

requirement 1 in millions 2011 2012 2013contract price 340 340 340actual costs to date 70 150 200estimated costs to

  Discuss and compare sterlings scientific approach

Discuss and compare Sterlings scientific approach to standard setting with the judicial or jurisprudential approach of Stamp.

  What is the journal entry for this

what is the journal entry for this?The t/p bill for this month was 200,the company will pay it next month what is the journal entry for this?

  Pepare a horizontal analysis of the comparative income

nbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbsp

  Wells water systems recently reported 8250 of sales 4500 of

wells water systems recently reported 8250 of sales 4500 of operating costs other than depreciation and 950 of

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