Determine total number of units that company has to produce

Assignment Help Accounting Basics
Reference no: EM131884812

Problem

Jon inc makes soccer balls, its sales and contribution margin is as follows

Bryant 11%sales mix $94 contribution margin

Ryan 52%SM $72CM

Emma 37%Sm $56CM

The company has fixed cost of $2,061,850. determin the sales mix as a function of units sold for the three products.

Determine the total number of units that the company has to produce to break even.

Reference no: EM131884812

Questions Cloud

Calculate the missing information data : Construct the balance of payment table for Japan for the year 2006 which is comparable to calculate the missing information data.
What was total cash received in march : Sales are 30% cash and 70% on credit. Credit sales are collected 10% in the month of sale. What was total cash received in March?
Explain the impossible trinity : Compare (strengths and weaknesses) of fixed versus floating exchange rates?
What is the fair price for one of cyberdynes zero coupon : Cyberdyne Systems is issuing a series of zero coupon bonds to raise? $500M to fund research and development at its Skynet division.
Determine total number of units that company has to produce : Jon inc makes soccer balls, its sales and contribution margin is as follows. Determine the total number of units that the company has to produce to break even.
What is the exercise value of an abc call option : Suppose you buy 10 contracts of the February 115 call option. How much will you pay, ignoring commissions?
How much joint cost will be allocated to product a : Assuming joint costs are allocated on the basis of units produced, how much joint cost will be allocated to Product A for inventory valuation purposes?
What is the percentage after tax return on each bond : A corporate bond is providing a yield of 12% per year, while at the same time; a municipal bond (tax exempt) is yielding 9% per year.
Prepare journal entries for jolis : Prepare journal entries for Jolis for 2016. The company uses the straight-line method of amortization computed to nearest month over the maximum allowable life.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the journal entry

On July 2, 2016, Filington paid $620,000 in total dividends to its shareholders. On December 31, 2016, Filington reported a net income of $1,050,000 for the year. Spandella uses the equity method in accounting for its investment in Filington. What..

  Icome statements are presented in table below for elf

income statements are presented in the table below for the elf corporation for the years ending december 31 2010 2009

  Problem related to transportation industry

Select a company that you are familiar with from the transportation industry.

  June 10 sold obsolete store equipment for 630 cash the

june 10 sold obsolete store equipment for 630 cash. the equipment originally cost 2105 and depreciation to march 31 of

  Different form of business organization-proprietorship

What form of business organization-proprietorship, partnership, or corporation-do you recommend that Natalie use for her business?

  You are considering opening a shop in a nearby mall that

you are considering opening a shop in a nearby mall that willsell specilaty t-shirts. t-shirts containing designs and

  Leach company invested 80000 in a certificate of deposit

leach company invested 80000 in a certificate of deposit onjune 1 2008. the certificate had a 6 annual interest rate

  Discuss the company also had non-tax-deductible expenses

The company also had non-tax-deductible expenses of $80 million relating topermanent differences

  Bdgets can include financial or nonfinancial data in our

1. budgets are the same regardless of the size of an organization or managementu2019s role in the budgeting

  What hoger have to gain by advocacy of early implementation

Explain what Hoger have to gain by advocacy of early implementation. Identify who might be affected by the decision against early implementation.

  Difference between tax tables and tax rate schedules

What is the difference between tax tables and tax rate schedules? And when do you use each when calculating tax liability

  Differences-nol-allocation methods and taxes

What are the permanent and temporary differences? What is NOL? Why does it occur? What are the allocation methods? What are the deferred tax assets and deferred tax liability?

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