User Account

All Pages

Determine the break-even point in volume

Assignment Help Accounting Basics
Reference no: EM132818215

Question - Burger Bob's Boathouse sells only one product. 7,000 units were sold In year resulting in $70,000 of sales revenue. Variable costs were $28,000 for the year, and fixed costs were $12,000. Determine the break-even point in volume?

a. 2,000 units

b. 7,000 units

c. 3,000 units

d. 2,797 units

Reference no: EM132818215

Questions Cloud

Determine what should the stock price be : Analysts have determined that an appropriate forward-looking multiple is 15 times the projected earnings. What should the stock price be?
Summarize the events of a recent accounting scandal : Question - Summarize the events of a recent accounting scandal. How the illegal/unethical act was detected punishments
Describe what the future of privacy looks like : Describe what the future of privacy looks like. Discuss whether or not there a need to rethink the concept of privacy in the digital age? Why or why not?
How much will have eight years from now : He decided to reinvest and save into savings deposit earnings 8.5 per cent for another 4 more years. How much he will have 8 years from now?
Determine the break-even point in volume : In year resulting in $70,000 of sales revenue. Variable costs were $28,000 for the year, and fixed costs were $12,000. Determine the break-even point in volume
How tool will foster students learning and active engagement : For this assignment, create a 250-500 word digital brochure to give to families to highlight two multimedia tools that can be used to enhance literacy.
How much cash was provided from operating activities : Prepaid expenses and accounts payable decreased by $3,000 and $9,500, respectively. How much cash was provided from operating activities?
Determine Xs refundable tax on investment income : The $500,000 business limit has been assigned to an associated corporation. Determine X's refundable tax on investment income
What the net cash provided by investing activities is : What The net cash provided by investing activities is? Final Inc. showed buildings decreased $80,000 because of a cash sale for $80,000

Reviews

Write a Review

Accounting Basics Questions & Answers

  Which options is correct with regards to the role played

Which options is correct with regards to the role played by different teams in SDLC? The project management team provides support to the steering committee

  Analyse British Airways external environment

PAA102 Accountant in Business Assignment - The company to be examined is British Airways plc (BA). Your task is to analyse BA's "current situation"

  Establishment of local collection centers

Norma's Cat Food of Shell Knob ships cat food throughout the country. Norma has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by two and one-half days.

  Multi product company with several manufacturing plants

Handy Household Products Ltd is a multiproduct company with several manufacturing plants

  What is reds average collection period

What is Reds average collection period, Red Company has the following information

  What amount of equity income would starge

Starge Inc. owns 30% of the outstanding voting common stock of Ticker Co. and has the ability to significantly influence the investee's operations and decision making.

  Prepare a spreadsheet using excel or a similar program

Prepare a spreadsheet using Excel or a similar program in which you compute the following for each proposed location

  What is consolidated net income for placid lake

During 2017, intra-entity sales of $150,000 (original cost of $72,000) were made. What is consolidated net income for Placid Lake and its subsidiary

  Explain how each of the events would affect the accounting

Explain how each of the events would affect the accounting equation by writing the letter I for increase, the letter D for decrease, and NA for does not affect under each of the components of the accounting equation.

  Designed to appropriately to meet the control objective

You will be required to document how the control is designed, and whether that control activity is designed to appropriately to meet the control objective

  Indicate the effects of debit and credit on the accounts

For each of the following accounts indicate the effects of {a} a debit and {b} a credit on the accounts and {c} the normal balance of the account

  Determine objectivity and bias of measurement systems

Determine the objectivity and bias of each of the two measurement systems for the year under consideration. On the basis of your examination, which of the two systems would you prefer?

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