Evaluate the sales in units to achieve a profit

Assignment Help Financial Accounting
Reference no: EM1311752

Calculating the number of units to be sold to achieve targeted profit.

Selling price per unit- $40;

total fixed expenses-$80,000;

variable expenses per unit-$30.

Assume that variable expenses are reduced by 20% per unit, and the total fixed expenses are increased by 10%. Find the sales in units to achieve a profit of $20,000, assuming no change in selling price.

Reference no: EM1311752

Questions Cloud

Explanation for distribution income : Discuss the reason why governments might want to intervene and how they might do- with respect to the following "problem" in the functioning of an otherwise perfectly-competitive ("pareto-efficient") economy:
Hypothesis testing using chi-square goodness of fit : At α   = 0.01 level of significance, test the hypothesis that these data can be described by a Poisson pdf.
What is the magnitude of torque about the point : A 43kg block of ice slides down the frictionless incline 1.50m long and 0.82m high. A worker pushes up against the ice, parallel to the incline, so that the block slides down at constant speed.
Meaning as well as importance of bottlenecks : Meaning as well as Importance of Bottlenecks and identifying the main premise of the book and important issues raised in the book
Evaluate the sales in units to achieve a profit : Assume that variable expenses are reduced by 20% per unit, and the total fixed expenses are increased by 10%. Find the sales in units to achieve a profit of $20,000, assuming no change in selling price.
Ajax cleaning products is a medium sized : Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one very large firm Tile King.
What is the speed of the large cart after the collision : A cube of ice is taken from the freezer at -8.0 and placed in a 113 aluminium calorimeter filled with 306 of water at room temperature of 20.0. The final situation is observed to be all water at 15.0.
Calculation of break even sales in dollars. : Calculation of break even sales in dollars . Selling price per unit-$20 and total fixed expenses-$5,000
Computing probability using normal probability distribution : Make use of normal probability distribution features of EXCEL to help determine the probability.

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