Calculate the firm break-even point in composite units

Assignment Help Accounting Basics
Reference no: EM132600519

Question - Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $300 and has a unit contribution margin of $105; the Adult model sells for $850 and has a unit contribution margin of $450; and the Recreational model sells for $1,000 and has a unit contribution margin of $500. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,500,000, calculate the firm's break-even point in composite units (rounded to the nearest whole unit).

a: 858 Composite Units

b: 15,150 Composite Units

c: 6,161 Composite units

d: 7,575 Composite units

e: 429 Composite units

Reference no: EM132600519

Questions Cloud

How much is the regal corporations net income : How much is the regal corporations net income or loss during 2006 operations? How will net income or net loss be closed to retained earnings account?
What is likely to be the total cost to the company : Your company plans to hire an employee at a yearly salary of $70,000. What is likely to be the total cost to the company
What amount of retained earnings account should be : Gazebo Corporations stockholders equity comprise of 8.00 shares, What amount of retained earnings account should be transferred to capital stock?
Why the tool would be a benefit to the workplace overall : Using your university library or an internet search, research evaluation tools that have already been developed for organizations. Analyze at least two of the.
Calculate the firm break-even point in composite units : Barclay Enterprises manufactures and sells three distinct styles of bicycles: calculate the firm's break-even point in composite units
Explain the effect on a company stock price today : Explain the effect on a company's stock price today of each of the following events, other things heldconstant.
How would project total current assets : How would project 2020 and 2021 Total Current assets, Total liabilities, Net position, Operating Revenues, Total operating expenses, & Operating income.
Were there some that were relatively unscathed : Do you feel that certain sectors of our economy were harder hit than others in Covid-19?
Write your opinion about the choices and decisions : Add your opinion about the choices and decisions being made-if this was your company, would you make this choice? What would you do differently?

Reviews

Write a Review

Accounting Basics Questions & Answers

  For 2010 omaha mechanical has a monthly overhead cost

for 2010 omaha mechanical has a monthly overhead cost formula of 42900 6 per direct labor hour. the firms 2010

  Prepare the journal entry to record the transaction

Carla Vista has various lines of credit at 4%. Prepare the journal entry to record the transaction of December 31, 2017, for Carla Vista CO

  What amount of cash did reno receive

Sales for Reno Construction Company during the year were 650000, What amount of cash did Reno receive from customers during the year

  Describe the assumptions used to make the estimates

Create three (3) new products, one (1) for each of the three (3) holiday seasons in the 4th quarter. Estimate the sales units, sales price.

  Use an excel spreadsheet and the fv pv pmt functions to

use an excel spreadsheet and the fv pv pmt functions to determine the amount of each of the following rthe annual

  Discuss the basics of financial statement analysis

The purpose of this assignment is to help you understand the basics of financial statement analysis using financial ratios on the assets section of the balance

  Prepare an abbreviated income statement

Walker Company had total revenue and expense numbers of $1,500,000 and $1,200,000, respectively, in the current year. In addition, the company had a gain of $230,000 that resulted from the passage of new legislation, which is considered unusual an..

  Discuss the financial statements for wal-mart stores

Compute these 2014 values for each company based on the information in the financial statements

  Determine the current break-even point in units and dollars

The variable cost is $24 per unit and the fixed cost is $32,000 per year. Determine the current break-even point in units and dollars

  Calculate the overhead spending variance

Calculate the Overhead spending variance, overhead efficiency variance, and the overhead volume variance. Discuss the over meaning of your results

  On january 2 richie valens pauid 24000 for 980 shares of

on january 2 richie valens pauid 24000 for 980 shares of the common stock of acme company. mr. valens recieved an 0.84

  Partnership interest after distribution

(1) inventory with a basis of $15,000 and a fair market value of $13,000, and (2) land with a basis of 5000 and fair market value of $20,000. What are Amy's bases in the land and her partnership interest after distribution?

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