Determine the contribution margin per unit

Assignment Help Accounting Basics
Reference no: EM131642841

Question - During FY 2016, Bravo Company sold 16,000 units for $84,000. Bravo had $3.00 variable costs per unit sold. Bravo also reported $28,000 of fixed costs. Use this information to determine FY 2016:

1. Contribution Margin per unit

2. Breakeven in Units

3. Breakeven in Total Sales

(Round any total dollar value to the nearest whole dollar & enter as whole dollars only. Round any unit dollar value to the nearest penny & enter with both dollar(s) & cents. Round any unit non-dollar decimal numbers to the next higher whole number and enter as a whole number.)

Reference no: EM131642841

Questions Cloud

How did policies exclude unassimilable and undesirable : How did policies exclude unassimilable and undesirable? Speak about IRL, eugenics science, and dillingham commission.
Does genzymes focus on orphan drugs make sense : How does Genzymes focus on orphan drugs affect the degree of competition it faces and How does it affect the bargaining power of customers
Who performed better on the given exam : Ron, wouldn't this be indicative of poor understanding of material? If your performance on exam matches your actual knowledge. Who performed better on the exam?
Discuss the case of the price controls : According to an article in the New York Times, the Venezuelan government "imposes strict price controls that are intended to make a range of foods.
Determine the contribution margin per unit : Use this information to determine FY 2016: Contribution Margin per unit and Breakeven in Units
What ethical issues do you now believe are most important : What ethical issues do you now believe are most important in interpersonal communications? Why do you believe these are important?
What methods do authoritarian governments in russia : What methods do authoritarian governments in Russia, Zimbabwe, China, Iran, Tunisia, and Syria use to control the people?
Identify and discuss a defense or foreign policy pursued : Identify and discuss a defense or foreign policy pursued by the United States government.
What type of organization would you find appealing : When would SMOs have an advantage in being formal, when informal? When hierarchical, when egalitarian?

Reviews

Write a Review

Accounting Basics Questions & Answers

  You have just been hired as a new management trainee by

you have just been hired as a new management trainee by earrings unlimited a distributor of earring to various retail

  On september 30 2011 a physical count of inventory reported

at the beginning of september 2011 abc co. reported merchandise inventory of 4000. during the month the company made

  Joe worked on his accounting homework for one and one half

joe worked on his accounting homework for one and one half hours. during that time he completed 6 problems. what is the

  Design flooring carpet company manufactures carpets fiber

design flooring carpet company manufactures carpets.fiber is placed in process in the spinning department where it is

  Explain advantages in using both the cash and accrual basis

Based on the video, explain two advantages and two disadvantages in using both the cash and the accrual basis of accounting.

  Compute budgeted sales for the next year

Royal Phillips Electronics of the Netherlands reports sales of €23,200 million for a recent year. Assume that the company expects sales growth of 3 percent.

  The partial sale of the investment

On January 1, 2010, the Mark Corporation purchased bonds with a face value of $500,000 for $475,413.60.

  Discuss the pension asset and liability

Explain the significance of each of the items above on corporate financial statements.

  Treadway corporation acquires hooker inc on january 1

treadway corporation acquires hooker inc. on january 1 2010.the parent pays more for it than the fair value of the

  Mike barton owns barton products inc the corporation has 30

mike barton owns barton products inc. the corporation has 30 employees. barton corporation expects 800000 of net

  Draw the bom for the table

2. A table is made from one tabletop, four legs, and four hangers. Each of the legs is made from 4 feet of hickory wood and 1/4 gallon of varnish. Each of the hangers is made from a brace and 4 bolts and 4 nuts. Draw the BOM for the table.

  The financial statements of the melton manufacturing

the financial statements of the melton manufacturing company reports net sales of 300000 and accounts receivable of

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