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

  Evaluate a tolerable difference for analytical procedure

Evaluate a tolerable difference for your analytical procedure.

  Determine the estimated break-even point

Determine the estimated break-even point in annual unit sales of the new product if Martinez Company uses the: Capital-intensive manufacturing technique.

  Purpose the journal entries that rod corporation

Purpose the journal entries that Rod Corporation recorded during 20X4 related to its investment in Stafford Corporation, considering Rod uses the equity method in accounting for its investment.

  Evaluate the gross profit

Evaluate the gross profit? and What is the cost of goods sold and What's the selling price?

  Probability of audit

Probability of Audit - What judicial concept might the IRS invoke to question this transaction

  Evaluate the product cost of training

Calculation of product cost and breakeven point - Evaluate the product cost of training a student over the entire course (there are 75 students in this particular course)?

  Evaluate the direct materials price and quantity variances

Evaluate the direct materials price and quantity variances for July.2. Determine the direct labor rate and efficiency variances for July.

  Evaluate budgeted production during the month

Below is budgeted production and sales information for Fleming Inc. for December. Evaluate Budgeted production during the month

  Determine the predetermined overhead rate

Determine the predetermined overhead rate under the current method, and determine the total unit product cost of each product for the current year.

  Describe how the accounting equation is impacted

Describe how the Accounting Equation is impacted

  What is the partnerships basis in the assets contributed

How much is recognized profit? How much is each partner's basis in the partnership? What is the partnership's basis in the assets contributed?

  Show definition of finance and efficient market

Show Definition of Finance and Efficient Market and identification of their role in finance.

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