Demonstrate what is the contribution margin per unit

Assignment Help Financial Accounting
Reference no: EM132600627

Sam sells jeans for $60.00 each. The variable cost for each pair of jeans is $45.00.

Question a) What is the contribution margin per unit?

Question b) If the fixed cost is $5,400.00, how many pairs of jeans must he sell to break even?

Reference no: EM132600627

Questions Cloud

Identify the type of audit opinion : A new client has changed its valuation method of property, For all the above clients, identify the type of audit opinion that should be issued
What is the list price of the machine : What is the list price of the machine? A floor lamp was purchased for $145.25 and was sold for $167.25. What was the rate of mark-up based on cost?
Centered around prevention and protection : Much of the security efforts of the past have been centered around prevention and protection.
What you view as the most useful concepts from the course : Summarize what you view as the most useful concepts from this course. Explain how specific concepts from the course will support your future learning.
Demonstrate what is the contribution margin per unit : If the fixed cost is $5,400.00, how many pairs of jeans must he sell to break even? Demonstrate What is the contribution margin per unit?
Demonstrate the importance of ethics and integrity : Demonstrate the importance of ethics and integrity in the context of acquiring and analysing digital evidence, in contrast to traditional evidence
Quantitative and qualitative journal article review : You will review both quantitative and qualitative Journal Article Review - research. The topic is up to you as long as you choose a peer-reviewed,
Explain the determination of equilibrium output : Consider an economy facing demand pull inflation, explain the determination of equilibrium output and prices under
Establishing security policies within organization : Establishing security policies within an organization is a necessary endeavor. However, it is fruitless unless the information is effectively disseminated.

Reviews

Write a Review

Financial Accounting Questions & Answers

  How many units of merchandise should be included

How many units of merchandise should be included in Adam's ending inventory?

  Describe the issues related to increasing corporate taxes

In 2011, individual income taxes made up over 43% of the federal receipts while corporate taxes raised just 12.5%. Describe the issues related to increasing corporate taxes to reduce the growing federal deficit.

  Find what will be the dollar balances in the allowance

Find what will be the dollar balances in the Allowance for Doubtful Accounts? The current unadjusted Allowance for Uncollectible Accounts balance

  Make in journal entry form the required eliminating entries

Make, in journal entry form, the required eliminating entries for the three intercompany transactions, for the December 31, 2020 consolidation working paper.

  Show all workmary kay cosmeticsselected data and additional

show all workmary kay cosmeticsselected data and additional information from the companys records are presented

  Avril company makes collections

Avril Company makes collections on sales according to the following schedule:

  Determine post of job responsibilities as a finance manager

Part of job responsibilities as a finance manager is to invest in short term trading investments. How transaction 3 is different from transaction 4

  Was it good acquisition in terms of accomplishing objective

Have you been involved in an acquisition either as the company sold or purchased? Or are you somewhat familiar with a specific acquisition of a company that was either sold or purchased? Was it a good acquisition in terms of accomplishing the objecti..

  Indifferent between modifying the product and not modifying

X Company is considering a modification to one of its main products next year that would make it more attractive to customers. As a result, X Company could increase the selling price by $2.02. However, fixed costs would increase to $16,110. At what u..

  What are the ethical issues and relevant facts

Chris, a CPA and formerly a staff accountant for a large public accounting firm, is the new controller for a small construction company that employs 60 people. The company is now facing tough times in light of a downturn in the construction industry...

  If a straight-line depreciation method is used

A Caribbean cruise line has purchased a new cruise ship for $670,000 and expects to realize a net revenue of $190,000.00 each year for the next 10 years. The estimated salvage value of the ship at the end of its useful life of 10 years is $52,000. If..

  Accrued interest on the note payable

Purchased equipment costing $56,000 by issuing a seven year, 13 % notes payable. The note requires annual principal payments of $8,000 plus interest each April

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