Determine the dollar amount of ocean city kite company

Assignment Help Financial Accounting
Reference no: EM133326824

Question: Ocean City Kite Company manufactures & sells kites for $8.00 each. The variable cost per kite is $3.50 and the breakeven point is 100,000 kites. Use this information to determine the dollar amount of Ocean City Kite Company's fixed costs. Round to closest whole number (no cents).

Reference no: EM133326824

Questions Cloud

Determine the apy for a loan that charges a quarterly : Determine the APY for a loan that charges a quarterly interest rate of 3.2% and compounds the interest quarterly.
What impacts have get-tough and three-strikes laws : What impacts have "get-tough" and "three-strikes" laws had on corrections? Explain. Do you believe that the 3-strikes law, the sentencing phase where a person
What required rates of return would make you indifferent : Calculate the value of each investment based on your required rate of return and What required rates of return would make you indifferent to all three options
What do you think the us should follow the other nations : Do you think the US should follow the other nations (e.g., the UK, Australia, Malaysia, India) and enact a key disclosure law? And how would that sit
Determine the dollar amount of ocean city kite company : The variable cost per kite is $3.50 and the breakeven point is 100,000 kites. Use this information to determine the dollar amount of Ocean City Kite Companys
What does the conceptual framework say about conservatism : What does the conceptual framework say about conservatism and Plant and Equipment and IAS 37/AASB 137 Provisions, Contingent Liabilities and Contingent Assets
What is a quick overview of probation, parole, intermediate : What is a quick overview of probation, parole, intermediate sanctions, and hybrid intermediate sanctions?Which do you feel is the most effective process
Describe the process of inventory management : Describe the process of inventory management and how it impacts and is related to the role of a health care manager. Explain the conceptual approach for pricing
What should management be doing to prepare for change : What should management be doing to prepare for change forecasting and strategy for health systems?

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