Determine and find what is break-even point in dollar sales

Assignment Help Financial Accounting
Reference no: EM132722070

The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $31.94. The variable cost per unit is $20.06, Poseidon Swim has average fixed costs per year of $44,758.

Problem 1: What is the break-even point in dollar sales?

 

Reference no: EM132722070

Questions Cloud

Explain marie behaviour with example : Marie is 32 years old and has a three-year-old daughter. She has always had a fear of birds, but recently this has escalated. Marie constantly checks the sky.
Find and calculate tax paid on gain on disposal : Genetic Insights Co. purchases an asset for $18,261. This asset qualifies as a seven-year recovery asset under MACRS. Calculate tax paid on gain on disposal.
Identify which journal used to record each of transaction : How do Identify which journal should be used to record each of the transactions? Cash refund to a customer who returned a product that was purchased
Define the alternative courses of actions : It has been 4 years since Janet's graduation from the Smith School and got her dream job working for Terrapin Associates Inc.
Determine and find what is break-even point in dollar sales : Demonstrate What is the break-even point in dollar sales? The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks
Discuss the similarity of results to previous research : Discuss the similarity (or lack thereof) of results to previous research. You will likely be referring to studies you reviewed in your Introduction.
Defining aspects of google culture : Laszlo Bock mentioned three "Defining Aspects of Google Culture." This included Mission, Transparency, and Voice. What is Bock describing here?
Discuss the economic implications of the event : Describe the event and discuss the economic implications of this event. What economic effects might this have at the individual and societal levels?
Is profit the only reason for a business to exist : Is profit the only reason for a business to exist? If not, what are some other reasons? If so, why?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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