Determine total sales revenue juniper needs to break even

Assignment Help Financial Accounting
Reference no: EM133003489

Juniper Corp. makes three models of insulated thermos. Juniper has $311,000 in total revenue and total variable costs of $161,720. Its sales mix is given below:

                     Percentage of total sales

Thermos A              32%
Thermos B              44
Thermos C              24

Required:

Problem 1. Calculate the (overall) weighted-average contribution margin ratio.

Problem 2. Determine the total sales revenue Juniper needs to break even if fixed costs are $92,880.

Problem 3. Determine the total sales revenue needed to generate a profit of $105,600.

Problem 4. Determine the sales revenue from each product needed to generate a profit of $105,600.

Reference no: EM133003489

Questions Cloud

Write an evidence-based comparative analysis : Critically evaluate how the chosen approaches address the principles of student learning and benefits and challenges for both learners and educators
Find what should company record as impairment loss on july : Find what should company record as an impairment loss on July 1, 2021, if there is no active market for the machine and the firm has no plans to dispose of it?
Prepare the journal entries to record each case : Expenditures amounting to P150,000 were paid to the government for special assessment made to the lot. Prepare the journal entries to record each case
Find how much impairment loss should be recognized : Determine how much impairment loss should be recognized. The firm's operations have suffered substantial losses over the last two years.
Determine total sales revenue juniper needs to break even : Determine the sales revenue from each product needed to generate a profit of $105,600. Determine total sales revenue Juniper needs to break even.
What is the present value of this bond : For purposes of this exercise, assume that UPS issues a new ten-year bond for $100,000. What is the Present Value of this bond
How profit is distributed to partners : How profit is distributed to partners (show supporting schedule of profit distribution) under the 10% interest based on beginning capital is provided.
What would be the total predetermined overhead rate : Assume that Dean's denominator activity for the year is set at 80% of capacity. What would be the total predetermined overhead rate
How much cash flow was invested in long-term assets : How much cash flow was invested in long-term assets by Carla Vista during 2017? Carla Vista Construction had long-term assets before depreciation.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the price of the shares at the end of the year

Find out the number of new shares that the company issues to meet its investment needs of shs.1,500,000,assuming the net income of shs.750000

  Makes product with the standard costs

Gentile Corporation makes a product with the following standard costs: The company produced 6,000 units in May using 36,970 kilos of direct material and 4,340 direct labor-hours. During the month, the company purchased 40,400 kilos of the direct mate..

  Financial accounting project

Find these financial statements on their  website and you have a complex task so start by reviewing both the Balance Sheet and Income Statement for the past 2 years as well as reading the Annual Report notes for these reports.

  Journal entry to record the actual return

Botanic Choice sells natural supplements to customers with an unconditional sales return if they are not satisfied. The sales returns period extends 60 days. On February 10, 2018, a customer purchases $4,000 of products (cost $2,000). Assuming that b..

  What is the cash dividends paid for each share of stock

What is the Cash Dividends paid for each share of stock? What's its Operating, Investing, & Financing Cash reported? What's its Current Ratio? Of 2019 and 2018.

  Outline fictitious assets

Outline fictitious assets. Come again is the connotation_of a uninterrupted or periodic inventory system? Pardon is the abbreviation of VAT?

  What amount should be reported in balance sheet for patent

What amount should be reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2014?

  Find what total purchase price of acquiring substantially

Footnotes: What was the total purchase price of acquiring substantially all of Nokia's Devices and Services Business on April 25, 2014 (in millions)?

  Develop short term and long-term objectives for the council

Develop short term and long-term objectives for the council - Conduct cost-benefit analyses for two of the major investments, P-12 school and recreational

  Determine the accumulated depreciation as of september

Determine the accumulated depreciation as of September 1, 2018, of the machine that was acquired on July 1, 2015 amounted to

  What is the expected return on a one-year security

4.50% until maturity. A two-year Government security offers a 4.80% yield to maturity. What is the expected return on a one-year security next year?

  Journalize the extend to record depreciation for six months

Journalize the Extend to record (1) depreciation for the six months of the current year ending December 31 1995, and (2) the sale of equipment.

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