Compute the break-even point in units break-even point units

Assignment Help Financial Accounting
Reference no: EM133164753

Question - Shock Electronics sells portable heaters for $35 per unit, and the variable cost to produce them is $22. Mr. Amps estimates that the fixed costs are $97,500.

a. Compute the break-even point in units Break-even point units.

b. Fill in the following table (in dollars) to illustrate that the break-even point has been achieved

Sales

 

Fixed costs

 

Total variable costs

 

Net profit (loss)

 

Reference no: EM133164753

Questions Cloud

MGT602 Business Decision Analytics Assignment : MGT602 Business Decision Analytics Assignment Help and Solution, Torrens University Australia - Assessment Writing Service
What is the forward premium for the yen : Suppose the interest rate in Japan is 1% p. a. and the interest rate in the US is 2.5% p. a. What is the (approximate) forward premium for the yen
Compute the present value of the lease payments : Burke's incremental borrowing rate is 5%, and the lessor's implicit rate is unknown. Compute the present value of the lease payments
What is the maximum mortgage amount : You also pay $1000/month for your financed car. You don't have any other debts or house related expenses. What is the maximum mortgage amount
Compute the break-even point in units break-even point units : Shock Electronics sells portable heaters for $35 per unit, and the variable cost to produce them is $22. Compute the break-even point in units Break-even point
Develop and manage project management plan : Develop and manage project management plans for two ICT projects. For each project you will need to select an appropriate project methodology
Calculate the estimated inventory at the end of november : The controller is aware of $8,500 of inventory that was stolen during November from one of the company's warehouses. Calculate the estimated inventory
Prepare all of the journal entries for the lessee : Prepare all of the journal entries for the lessee for 2016 and 2017 to record the lease agreement, the lease payments, and all expenses related to this lease
What would be the total note payable balance : Zaharah Company negotiates a note payable from the bank for $60,000 with a term of six years, What would be the total note payable balance

Reviews

Write a Review

Financial Accounting Questions & Answers

  What be future cash value of account that has cash flow

What will be the future cash value of an account that has the following cash flow where the deposits are made at the end of the period

  Make assuming the stock market price

On November 21, Year 5, the board of directors of ABC Corporation approved a plan to award 200,000 stock options to 20 key employees as additional compensation. Effective January 1, Year 6, each employee was granted the option to purchase 10,000 shar..

  Compute what is the yield to maturity on a percent coupon

Using semi-annual compounding, what is the yield to maturity on a 4.65 percent coupon bond with 18 years left to maturity that is offered for sale at $1,025.95?

  What adjustmentshould be made to bulky federal

What adjustment, if any, should be made to Bulky’s Federal taxable income in determining the correct taxable income for the typical state.

  Create any relevant journal entries for frank

Create any relevant journal entries for Frank. Frank's bad debt expenses for accounts receivable were recorded at a rate of 1.5%

  The group used a calendar tax year

The Cardinal Group had filed on a consolidated basis for several years with its wholly owned subsidiary, Swallow, Inc. The group used a calendar tax year. On January 25, 2016, Heron acquired all of the stock of Cardinal, including its ownership in Sw..

  Justify whether the lease agreement is to be categorised

You are required to justify the following situations whether the lease agreement is to be categorised as finance lease or an operating lease.

  Provide the general journal entries necessary

The directors allot 3 million shares on 5 August 2020. Provide the general journal entries necessary to account for the above transactions and events

  Corporation may have nonresident alien shareholders

Which of the following is a disadvantage of filing as an S Corporation? There is a maximum of 75 shareholders. The corporation may have only one class of stock. Income from an S corporation may not be subject to self-employment tax. There is a maximu..

  What is the oven temperature after ten minutes

When an oven is turned off, its interior temperature is given by TtTt = 70 + 380(0.9), What is the oven temperature after ten minutes

  Discuss how the vat system works

Discuss how the vat system works - List and explain the vat supply categories, provide examples in each category

  How much was the company net sales revenue

On the work sheet, the statement of financial position should have the same debit and credit column totals? Before net income is added to its debit column

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