User Account

All Pages

Determine the breakeven point in sales units

Assignment Help Managerial Accounting
Reference no: EM132721702

Geiss Company sells one product for $175 per unit. Its variable costs are $116 per unit, and its fixed costs are $354,000.

Problem a) Determine the breakeven point in sales units and dollars.

Problem b) Determine the number of units that need to be sold if the company targets a total profit of $100,000.

Problem c) Determine the margin of safety in dollars and units if the company sells 7,000 units.

Reference no: EM132721702

Questions Cloud

Compute the equivalent number of shares subscribe : Compute the Equivalent number of shares subscribes at the time of incorporation. Five incorporation subscribe with required minimum subscription.
What are the total estimated costs of machining department : Michael Scott, If the month of June Estimated machine hours total 4200, what are the total estimated costs of the machining department?
Analysing a dataset and develop a detailed discussion : Analysing a dataset and develop a detailed discussion of the relevance of their results for conservation and for conservation strategies.
Find the value places on the share of stock : Find the value she places on this share of stock. If the investor's required rate of return is 20%, find the value she places on this share of stock.
Determine the breakeven point in sales units : Geiss Company sells one product for $175 per unit. Its variable costs are $116 per unit, and its fixed costs are $354,000. Determine the breakeven point in sale
What would happen to the required rate of return on abc bond : What would happen to the required rate of return on ABC's bonds? Suppose investor now require a 16% return on the bonds. Determine the price of the bond
Find owners equity at the end of the year totaled : At the beginning of the fiscal year, During the year, assets increased $74 and liabilities decreased $38. Owners' equity at the end of the year totaled
Find what current market price of bonds for jackson corp : Find What is the current market price of these bonds? Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate
Find what is the price of the bonds for renfro rentals : Find What is the price of the bonds for Renfro Rentals? Renfro Rentals has issued bonds that have a 8% coupon rate, payable semiannually.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What seasonal relatives would describe this situation

The manager of a fashionable restaurant open Wednesday through Saturday says that the restaurant does about 35 percent of its business on Friday night, 30 percent on Saturday night, and 20 percent on Thursday night. What seasonal relatives would desc..

  Accounting issues about a particular organisation

which raises management accounting issues about a particular organisation. The article must be written recently (after 1 July 2017) and taken from

  Which is an ingredient of faithful representation

Which of the following is an ingredient of faithful representation? Predictive value./ Confirmatory value./ Neutrality./ Materiality

  Compute budgeted purchases for raw material k for june

The June 1 raw materials inventory has 360 pounds of raw material K. Compute budgeted purchases for raw material K for June

  Calculate for each production run

Costs incurred after the split-off point, calculate, for each production run, the amount of joint cost allocated to Ultrasene on a relative sales value basis.

  Calculate the cost of goods sold during january

Calculate the total cost of goods manufactured during January, and the average cost of a single unit of the product. Calculate the cost of goods sold during Jan

  Federal income tax liability

Mike and Nancy's AGI was $175,000 and their actual federal income tax liability was $29,000 -  Federal income tax withheld from salary

  Make a bank reconciliation for hammond company for june

Make a bank reconciliation for Hammond Company for June 30, 2017. The bank statement balance is $7,650. The cash account balance is $6,422

  How do managers use the information provided by abc

Thus its costs, is called activity-based management. How do managers use the information provided by an activity-based costing system?

  Chance of being short on order

For any kind of companies it is important to choose and use the right types of costing system. Costing system is an accounting system uses by companies and organizations to monitor the company's expenditures and overheads

  Determine the amount of service department costs assigned

Determine the amount of service department costs assigned to each of the homes using this allocation method. (Do not round percentage answers.)

  What is the lowest acceptable transfer price from standpoint

What is the lowest acceptable transfer price from the standpoint of the selling division? Division C makes a part that it sells to customers outside

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