User Account

All Pages

Compute the break-even sales

Assignment Help Accounting Basics
Reference no: EM132735609

Question: Sales Mix and Break-Even Sales Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $279,300, and the sales mix is 70% bats and 30% gloves. The unit selling price and the unit variable cost for each product are as follows:

ProductsUnit Selling PriceUnit Variable CostBats$40 $30 Gloves100 60

a. Compute the break-even sales (units) for the overall enterprise product, E.

b. How many units of each product, baseball bats and baseball gloves, would be sold at the break-even point?

Reference no: EM132735609

Questions Cloud

What effect does using the gross method have : Company X sold merchandise for $50,000 with terms 3/30, n/90 on January 1. On January 29, Company X received half the payment in cash.
Find the maximum capital cost allowance for the current year : At the beginning of the year the undepreciated capital cost of the building was $330,000. Find the maximum capital cost allowance for the current year
What are the relevant internal revenue codes : As an investment, George started a chain of barbecue restaurants called George's Wonderful Ribs. What are the relevant internal revenue codes
Record appropriate journal entry for each of transactions : Assuming that Borland retires shares it reacquires, record the appropriate journal entry for each of the following transactions
Compute the break-even sales : Sales Mix and Break-Even Sales Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $279,300.
What is the acid-test ratio : A company has current assets of $90,000 (of which $36,000 is inventory and prepaid items) and current liabilities of $36,000. What is the acid-test ratio
Which portfolio would you choose if you rational investor : You have been approached by two fund managers who are involved in active fund management. First fund manager A claims to deliver an expected return of 18% with.
Draw a schedule of cash disbursements for April and May : Additionally, a monthly lease payment of $64,000 is paid for computer services. Draw a schedule of cash disbursements for April, May, and June
Determine amount of goodwill arising out of the acquisition : The P Ltd acquires all issued capital of the S Ltd for a consideration of $1,000,000 cash and 800,000 shares each valued at $1.50. The summary statement.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Proposals using zero-base budgeting

Which of the following is true when ranking proposals using zero-base budgeting?

  Prepare Income statement and balance sheet

Suppose you are hired as an Intern in a Consulting Firm. DR Cash $22,000. Prepare Income statement and balance sheet

  How much could the president increase this year

How much could the president increase this year's advertising expense and still earn the same $900,000 net operating income as last year

  Determine the apportionment factors

Determine the apportionment factors for A and B assuming that A uses a three-factor apportionment formula under which sales

  The total services provided by the hospital

The total services provided by the hospital to all patients during the year amounted to $ 19 million at the to $19 million at the hospital established billing rates.

  Calculate victor adjusted gross income and taxable income

Victor is not married and supports Victor's 12 year old child who lives with Victor. Calculate Victor adjusted gross income and taxable income

  Prepare the closing entries for chai tea company

The adjusted trial balance for Chai Tea Company at December 31, 2010, Prepare the closing entries for Chai Tea Company

  Show the income statement effects of these transactions

In 2017, Grouper Corp. required additional cash for its business. Show the income statement effects of these transactions for the year ended December 31, 2017

  What must total asset turnover be

The current profit margin is 7.5 percent, and the firm uses no external financing sources. What must total asset turnover be

  Compute the receivables turnover ratio

The Accounts Receivable balances at the beginning and end of the year were $525,000 and $575,000, respectively. Compute the receivables turnover ratio

  Estate tax exemption problem

Gift tax returns were filed reporting these gifts. How much of her estate is subject to federal estate tax after considering the estate tax exemption?

  Snappy company has a job-order cost system and uses a

snappy company has a job-order cost system and uses a predetermined overhead rate based on direct labor-hours to apply

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