Calculate the number of units of the faucet-model

Assignment Help Financial Accounting
Reference no: EM13748727

Pure Water Products produces two types of water filters. One attaches to the faucet and cleans all water that passes through the faucet. The other is a pitcher-filter that only purifies water meant for drinking. Revenue and cost information for each product appears below:

the unit that attaches to the faucet is sold for $80 and has variable costs of $20

the pitcher-filter sells for $90 and has variable costs of $25

fixed costs total $945,000

Pure Water sells 2 faucet models for every 3 pitcher-filters sold

Calculate the number of units of the faucet-model that must be sold in order for Pure Water Products to break-even. Enter your answer as a number (i.e., 3,000). Do not use decimals, the $, or type the word units after your answer.

Reference no: EM13748727

Questions Cloud

What is the companys operating leverage : A company incurs variable costs of 40% of sales and fixed costs of $300,000. If the margin of safety is $150,000, what is the company's operating leverage?
Most likely to use process costing-period cost : A widely used activity base for developing factory overhead rates in highly automated settings is: Which of the following would be most likely to use process costing? Which of the following would most likely be a period cost?
What are the key management challenges you will face : Handling the e-business challenge at Magnum Enterprises-What are the key management challenges you will face
For purposes of federal withholding from wages : For purposes of Federal withholding from wages? Requirements, what criteria are used to determine whether someone is an employee versus an independent contractor? If an employer can hire someone as either 1) an employee or 2) an independent contracto..
Calculate the number of units of the faucet-model : Pure Water Products produces two types of water filters. One attaches to the faucet and cleans all water that passes through the faucet. The other is a pitcher-filter that only purifies water meant for drinking. Calculate the number of units of the f..
Necessary entry for raymond to record the liability : In May of 2015, Raymond Financial Services became involved in a penalty dispute with the EPA. At December 31, 2015, the environmental attorney for Raymond indicated that an unfavorable outcome to the dispute was probable. The additional penalties wer..
What is the expected project duration : Identify all paths, their expected times, and total slack for each path in the project and specify the critical path. What is the expected project duration
Uses straight-line amortization : On January 1,2008 Halston Enterprises issued 8%, 20-year bonds with a face amount of $3,000,000 at ? Interest is payable semiannually on June 30th and December 31st. Effective rate is 12% Prepare the entries to record the issuance of bonds and the fi..
Prepare the entry to record the employer payroll taxes : Total payroll of Walnut Co. was $1,840,000, of which $320,000 represented amounts paid in excess of $106,800 to certain employees. The amount paid to employees in excess of $7,000 was $1,440,000. Prepare the journal entry for the salaries and wages p..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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