Evaluate the break-even point for a multiproduct company

Assignment Help Financial Accounting
Reference no: EM1311498

Compute the Break-Even Point for a Multiproduct Company.

 Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below:

 

Claimjumper

Makeover

Total

Sales

$30,000

$70,000

$100,000

Less variable expanses

20,000

50,000

70,000

Contribution margin

$10,000

$20,000

30,000

Less fixed expenses

 

 

24,000

Net operating income

 

 

$6,000

Required:
Compute the overall break-even point for the company in sales dollars.

Reference no: EM1311498

Questions Cloud

Verify the overall break-even point for the company : Verify the overall break-even point for the company by constructing a contribution format income statement showing the appropriate levels of sales for the two products.
Computation of present value of a liability : Computation of present value of a liability and Miner Industries develops an open pit uranium mine
Correlation between savings and capital formation : Write down the relationship between savings, capital formation, and consumption.
What is an angle (theta a) of incidence : Light from the sun is incident on the surface of a pond with a smooth surface. The light strikes the surface at the angle of 30 to the surface and is partially reflected. What is the angle of reflection for the reflected portion? What is an angle of ..
Evaluate the break-even point for a multiproduct company : Evaluate the Break-Even Point for a Multiproduct Company and Compute the overall break-even point for the company in sales dollars
Find the magnitude a of the acceleration : An 80 g, 35 cm long rod hangs vertically on a frictionless, horizontal axle passing through its center. A 13 g ball of clay travelling horizontally at 2.50 m/s hits and sticks to the very bottom tip of the rod.
Probability of getting exactly 50 percent heads : What happens to the probability of getting exactly 50% heads?
Evaluate the unit product cost for the month : Evaluate the unit product cost for the month under variable costing and What is the unit product cost for the month under absorption costing?
Table on income per person and unemployment rate : Use the data below to find out the growth of income per person (over the entire period, not an annual basis) between the two years listed.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Evaluate dina''s basis in the land

What is the amount and character of the profits Dina recognizes as a result of the distribution? Evaluate Dina's basis in the land?

  Depreciation under straight line method

Depreciation under Straight Line Method and Double Declining Balance Method.

  Determine the number of pounds of chemical x

Determine the number of pounds of Chemical X purchased. and evaluate the standard cost per pound of Chemical X.

  Purpose the journal entry to record depreciation for 2013

Prepare the suitable journal entry, if any, to record this accounting change. Purpose the journal entry to record depreciation for 2013.

  Journal entries for traded

Journal entries for traded two business autos- Goochland purchased on account $950,000 Merchandise Inventory to be held for resale.  All purchases are recorded net of the 2% discount.

  Evaluate the consolidated balance for the equipment account

Evaluate the consolidated balance for the Equipment account

  Overall average cost - find the average cost

Find the average cost from the given data - Why do the costs per diner for the three different parties differ from each other and from the overall average cost of $15.00 per diner?

  Find the differential cost between the two alternatives

Which costs are relevant and which are not relevant in the choice between these two alternatives and find the differential cost between the two alternatives?

  Find the equivalent units for june for the first process

Assume that the company uses the weighted-average method. Find the equivalent units for June for the first process.

  What is the net present value of the investment

What is the net present value of the investment? Round to the nearest dollar. and Should the robot be acquired by the firm?  Explain.

  Find will be the net book value of the machine

What will be the net book value of the machine at the end of its 8 th  yr of use before it is disposed of, under each depreciation method?

  Journalization of transactions for production costs

Journalization of transactions for production costs as like of raw materials, labor, processing and overhead using transferred goods data and details.

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