Find the break-even point in sales dollars

Assignment Help Accounting Basics
Reference no: EM132530044

Question - Fall-For-Fun Company sells three products. Last year's sales were $600,000 for parachutes, $800,000 for hand gliders and $200,000 for bungee jumping harness. Variable costs were: parachutes, $400,000; hang gliders, $700,000 and bungee jumping harnesses $100,000. Fixed costs were $240,000.

Required - Find a) the break-even point in sales dollars and b) the margin of safety.

Reference no: EM132530044

Questions Cloud

Elucidate the notion of validity by way of these values : 1. Please answers the following questions below 1.List the component values of the first limb of yoga
Determine for adelphi company the cost of goods sold : Adelphi Company uses absorption costing. Use this information to determine for Adelphi Company the FY 2018 Cost of Goods Sold
Calculate the break-even point for mahim original sales mix : Calculate the break-even point for Mahim's original sales mix of the three products in units and pounds. Support your answer by showing calculations
How are humans the way they : How are humans the way they are if we say God doesn't exist?
Find the break-even point in sales dollars : Fall-For-Fun Company sells three products. Last year's sales were $600,000 for parachutes, Find the break-even point in sales dollars
Describe the various components of a research study : For this Discussion, you will consider criteria for evaluating alignment among the various components of a research study. You will also reflect on your role.
Calculate the consideration transferred : Burns Philip Home centers' is currently suing a previous customer. The expected damages are $50,000. Calculate the consideration transferred
Compute the net incremental cost or savings of buying : If Wheeler buys from the supplier, it will still incur 45% of its overhead cost. Compute the net incremental cost or savings of buying.
Explain why it is significant in modern society : Introduce the topic you have selected for the paper. Explain why it is significant in modern society. Identify which two philosophers you will be applying.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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