User Account

All Pages

Compute the break-even point in dollars and in units

Assignment Help Accounting Basics
Reference no: EM131867137

Question - In August, Gold Company sold 770 units of their only product. For the month, fixed costs were $10,400, variable costs were 57% of sales, and the average sales price was $62.

(a) Determine the contribution margin in dollars per unit and as a ratio.

(b) Compute the break-even point in dollars and in units.

Reference no: EM131867137

Questions Cloud

Calculate the break-even dollar sales volume : Wilcox Company assigns $36,000 in fixed costs to each product each month. Calculate the break-even dollar sales volume for each project
Equilibrium constant for the reaction : The equilibrium constant for the following reaction is 6.59×10-2 at 927 °C.
Who is the intended audience for the instruction : Who is the intended audience for the instruction? What common traits do members of the learning group possess?
Reactions at the indicated temperature : Calculate Kp for the following reactions at the indicated temperature.
Compute the break-even point in dollars and in units : In August, Gold Company sold 770 units of their only product. Compute the break-even point in dollars and in units
What steps should the psychologist take for referral : Due to these circumstances, the psychologist feels that he cannot provide competent services to his client. What steps should the psychologist take to ensure.
Define and describe the issue-problem with bullying : Present a major problem/issue with bullying in American Education. Define and describe the issue/problem with bullying.
Molecule absorb on this patch of the surface : What is the configurational entropy, S, when one Cl2 molecule and one Br2 molecule absorb on this patch of the surface? Give your answer to three significant.
Develop independence and interdependence of learners : Monitoring student learning and adjusting teaching during instruction in response to student performance and engagement in learning tasks.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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