User Account

All Pages

Compute break-even point in dollar using contribution margin

Assignment Help Cost Accounting
Reference no: EM13513492

Mabo Company makes calculators that sell for $20 each. For the coming year, management expects fixed costs to total $220,000 and variable costs to be $9 per unit.
(a) Compute break-even point in dollars using the contribution margin (CM) ratio.
(b) Compute the margin of safety percentage assuming actual sales are $500,000.
(c) Compute the sales required in dollars to earn net income of $165,000.

Reference no: EM13513492

Questions Cloud

Cube is made of a white material : A cube is made of a white material, but the exterior is painted black.
Find what average force was exerted on the ball : After falling from rest from a height of 33 m, a 0.47-kg ball rebounds upward, reaching a height of 23 m. what average force was exerted on the ball
Define titration of metal ion with edta : Titration of metal ion with EDTA. using the spreadsheet equation 11-11 to compute the curves (pM versys mL of EDTA added) for the titration of 10 mL of 1.00 mM M2+ (=Cd 2+ or Cu2+) with 10.0 mM EDTA at pH 5.00. Plot both curves on one graph.
What is the acceleration of two falling sky divers : What is the acceleration of two falling sky divers (mass 117.0 kg including parachute) when the upward force of air resistance is equal to one-fourth of their weight
Compute break-even point in dollar using contribution margin : Mabo Company makes calculators that sell for $20 each. For the coming year, management expects fixed costs to total $220,000 and variable costs to be $9 per unit.
Define the name and formula of the chromium oxide : 2.20 grams of chromium reacts with excess oxygen to give 3.22 grams of a chromium oxide. What is the name and formula of the chromium oxide. Write a balanced equation for the reaction
Would you consider felixs performance for the year : Did Felix earn a net income or suffer a net loss for the year - Compute the amount and would you consider Felixs performance for the year to be good or bad? Give your reason.
What horizontal force must the road exert on the tires : A particular race car can cover a quarter mile track (402 m) in 6.20 s starting from a standstill. what horizontal force must the road exert on the tires
Egalitarian foraging and tribal societies : How and why did chiefdoms come into existence? That is, how did economic in ­equality and social stratification arise from egalitarian foraging and tribal societies?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Question pemberton company acquired all of the liabilities

question pemberton company acquired all of the liabilities and assets of the samuelson corporation for cash on 1st

  How much profits increase because of quality improvements

Prepare the one-year trend report that corporate management requested. How much did profits increase because of quality improvements made in 19x9 (assuming that all reductions in quality costs are attributable to quality improvements)?

  The case for global accounting standards

Read the case for global accounting standards by Professor Ann Tarca (UWA) and analyse what the key points are of the report. Then prepare a report either supporting or challenging the position of the author.

  Weighted-average unit contribution margin

Sales mix remains constant, the total number of units that Jamal must sell to break even and number of units of Plain that Jamal must sell to break even

  Calculate the number of units to be produced

Calculate the number of units to be produced in each of the months of August, September, and October.

  What would be the change in millers operating profits

Assume that Miller is operating at full capacity. If Miller were to accept Brisbois''s offer, what would be the change in Miller''s operating profits?

  What the company net income

In the case of recording an expense for financial gain on my part, this would violate the principle of neutrality. It also would violate the principle of validity.

  Determine the total cost of the ending inventory

Lyon Manufacturing Company began operations on January 1. During the year, it started and completed 4,000 units of product. The company incurred the following costs.

  Proportion to the time devoted to the business

The ratio of their initial capital investments, which they have agreed will be $32,000 for Baker and $48,000 for Farney -  proportion to the time devoted to the business;

  Balance sheet for the bryan corporation

The balance sheet for the Bryan Corporation is shown below. Sales for the year were $3,680,000, with 75 percent of sales sold on credit and income statement for J. Lo Wedding Gowns, compute the following ratios:

  Make a job order cost sheet for the 100 widgets

The Talbott Company has received an order (#324) for 100 widgets - Make a job order cost sheet for the 100 widgets

  Explain operating & cash budget

Forecasting is predicting the outcome of events. It is an essential starting point for budgeting. Budgeting is planning for a result and controlling to accomplish that result.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd