Determine what the breakeven point in units is

Assignment Help Accounting Basics
Reference no: EM132634206

Question 1: Bee's Bargain Basement sells a single product. 7,000 units were sold resulting in $70,000 of sales revenue, $28,000 of variable costs, and $12,000 of fixed costs. Breakeven point in units is:

Option 1: 2,000 units

Option 2: 3,000 units

Option 3: 5,000 units

Option 4: None of these answers are correct.

Reference no: EM132634206

Questions Cloud

Emerging threats : Many business environments have both visible and invisible physical security controls.
Critical in securing employment in the industry : As a sports management major, gaining relevant work experience as a student is critical in securing employment within the industry.
Main purpose of the pension protection act of 2006 : Research FLSA in the Department of Labor website and answer the following questions:
Difference between classification and regression : Which describes the difference between classification and regression, supervised and unsupervised learning, and training and testing data.
Determine what the breakeven point in units is : 7,000 units were sold resulting in $70,000 of sales revenue, $28,000 of variable costs, and $12,000 of fixed costs. Breakeven point in units is
Find the remaining useful life of the plant asset : The current year's depreciation expense is $3,000 calculated on the straight-line basis, Find the remaining useful life of the plant asset
Research flsa in the department of labor website : Research FLSA in the Department of Labor website and answer the following questions:
Discuss judgmental and mechanical methods : Discuss judgmental and mechanical methods used to determine an overall performance rating. If you had to select which method to use in your organization.
Types of information that the public organization manager : Identify your community (town, city, or county), and reflect on a local public issue that needs improvement and/or has been revised

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare a comprehensive report directed to an australian asx

Assessment is designed to reinforce the subject content and develop students' skills and application of knowledge of the subject content to business situations

  Discuss a negative sign preceding the number

Prepare the investing section of Berry's statement of cash flows. (Enter amounts that decrease cash using either a negative sign preceding the number

  In good form prepare a schedule showing all expenses

a company entered into a franchise agreement to operate a franchised location beginning on january 1 2014. the terms of

  What are two ways that the capacity of a bottleneck

Which production occurs is often limited by one or more bottlenecks in the process. What are two ways that the capacity of a bottleneck can be increased?

  Describe issues that business should consider

A business is considering dropping a segment of its business. Describe the issues that the business should consider in making this decision.

  For example electricity costs are 1300 per month plus 006

lavage rapide is a canadian company that owns and operates a large automatic carwash facility near montreal. the

  Journalize the contingent liabilities

The company is contesting the fine. In addition, an employee is seeking $600,000 damages related to the spill. Journalize the contingent liabilities

  Prepare the journal entries to record the expenditure

Celine Dion Corporation purchases a patent from Salmon Company on January 1, 2010, for $54,000. Prepare the journal entries to record the $24,000 expenditure

  What is the amount of HST

During the sale, a set of 4 tires has a sale price of $800. What is the amount of HST that needs to be remitted to the government

  What the differences between internal and external reports

What are the differences between internal reports and external reports generated by the accounting information system

  What do you think of the CEO plan

What do you think of the CEO's plan? What will the accounting treatment be if changing nothing and if adopting the CEO's plan

  Crespi holdings has the following budgeted costs for 20000

crespi holdings has the following budgeted costs for 20000 unitsvariable costs fixed costsmanufacturing 200000

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