Find the number of units that martin enterprises needs sell

Assignment Help Accounting Basics
Reference no: EM131641856

Question - Martin Enterprises has a predicted operating income of $140,000. Its total variable expenses are $50,000 and its total fixed expenses are $20,000. The unit contribution margin for the company's sold product is $10. The number of units that Martin Enterprises needs to sell to achieve the predicted operating income would be

A) 12,000

B) 21,000

C) 11,000

D) 16,000

Reference no: EM131641856

Questions Cloud

What do you think about this argument in terms of history : What do you think about this argument in terms of history and social conflict? Can you give concrete examples where this argument has been used before?
Define the term thatcher cure : Define the term Thatcher Cure and its effects on Britain's economic system.
What is the optimum ordering quantity : The catering manager of Coconuts Grill, Lulu Jones, is disturbed by the amount of silverware she is losing every week. What is the optimum ordering quantity?
What are key points that should be addressed in the contract : What steps should your company take to minimize the potential for problems? What are 4 key points that should be addressed in the contract?
Find the number of units that martin enterprises needs sell : The number of units that Martin Enterprises needs to sell to achieve the predicted operating income would be
Find a cutoff point for the risk tolerance : In the risky venture example, suppose there is no riskless alternative; the only two possible decisions are the less risky venture and the more risky venture.
Discuss hendersons needs theory : The nursing theory I have chosen is Henderson's needs theory. The nursing problem I have selected is patient
Low context communication culture : Discuss whether you come from a high or a low context communication culture.
Improvement process in the international and domestic realm : Describe how ISO certification might affect the operations improvement process in the international and domestic realm.

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