Find how many units to be sold to earn operating income

Assignment Help Managerial Accounting
Reference no: EM132974457

The Sports Maniac Sporting Goods Store sells a baseball and baseball glove set especially designed for young children. Sports Maniac sells the set for $35. The store pays $7 for the glove and $2 for the ball. Fixed costs are $8,320.

Problem 1: What is the breakeven point in units?

Problem 2: What is the breakeven point in sales dollars?

Problem 3: How many units would need to be sold to earn an operating income of $104,000?

Reference no: EM132974457

Questions Cloud

How do show the total cash receipts forecast for the months : How do show the total cash receipts forecast for the months of March, April and May 20X8. 50% of sales are on cash basis while the remaining sales are on credit
Met discussion guide for the ohio lottery research : Evaluate the MET discussion guide for the Ohio Lottery Research. Question is in regards to this case study on the Ohio Lottery system
Calculate the value of annual contributions : The advantage of the RESP is that the government will contribute $1 for every $5 parents put in, up to a maximum government grant $400 per year per child.
Find the amount of impairment reversal should be recognized : An impairment loss of P1,200,000 was recognized. Find the amount of impairment reversal should be recognized on December 31, 2021
Find how many units to be sold to earn operating income : Find how many units would need to be sold to earn an operating income of $104,000? What is the breakeven point in sales dollars?
Assignment on architectural styles : Use the internet to find photos of at least five homes built in different architectural styles (ranch, split-level, modern, bungalow, Spanish, Cape Cod, colonia
What is amazon value proposition : What is Amazon's Value proposition and the market to which it seeks to appeal? (3 components to cover are in the context)
Should fizzy continue to make the nozzles and why : Should Fizzy continue to make the nozzles? Nancy's Nozzle's, has offered to sell Fizzy Foam all of the nozzles it requires for $.56 each.
Discuss the tools that are used to mitigate risk : Question 1. Please research and analyze a Canadian firm and asses their global risk management strategy?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Determine the cost per equivalent for stuart ski company

Stuart Ski Company, Determine the cost per equivalent. Determine the cost of the goods transferred out of the finishing department.

  What volume level will the annual total cost of each system

What volume level will annual total cost of each system be equal? (Do not round intermediate calculations and round final answer up to nearest whole number.)

  Compute the manufacturing cost per unit of each toaster

Compute the manufacturing cost per unit of each toaster using the current unit-based approach. Under this system costs are assigned to the toasters

  What was the amount of gross profit that lake country made

Lake Country Promotional Services uses a job order system for costing, What was the amount of gross profit that Lake Country made on the job?

  How the unitarist and pluralist approaches to conflict

Describe how the Unitarist and Pluralist approaches to conflict would explain the positions of (a) management and (b) unions in the Schweppes dispute. Identify which one of the approaches provides the better explanation. Explain how you reached th..

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  What total number of units of roff produced during august

What total number of units of Roff produced during August was? Standard number of direct labour hours per unit of Roff: 2 hours

  What is the range of acceptable prices

The trailers have a retail price of $200 each. What is the range of acceptable prices that could be used on transfers between Baxter Bicycles's divisions

  How well disney has managed labour costs

Diane Disney, Explain to the COO, who has been on job, what your analysis shows about how well Disney has managed her labour costs.

  Identify two management accounting concepts

Identify 2 management accounting concepts commonly used by retail companies that could be used to improve their effectiveness and profitability.

  Elliott company produces large quantities of a standardized

Elliott Company produces large quantities of a standardized product. The following information is avail-able for its production activities for March.

  Determine the profit from this decision

Determine the profit from this decision, and advise management whether they should go ahead with this action

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