Finding breakeven in units and dollars

Assignment Help Finance Basics

Reference no: EM1364570

You are in the business of selling widgets. You retail these fine looking widgets for $25.00 a piece and you have 1,000 of them in inventory. If your total fixed costs are $150,000 and your total variable costs are $10,000 what is:

Your breakeven in units________________________

Your breakeven in dollars______________________

Prove that this is truly your breakeven figures by creating a simple income statement showing your Revenues, Fixed Costs, Variable Costs, and Net Income.

Reference no: EM1364570

Questions Cloud

Illustrate what is total gain or loss from trade for country : Suppose without trade, country A produces and consumes 100 units of widgets at a price of $10 each. Illustrate what is the total gain or loss from trade for country A.

How far from the gun does the other fragment land : A runner moving at a constant speed of 11.7 m/s rounds a curve of radius 4.10 m. calculate the acceleration of the runner. (State the magnitude of this acceleration.)

Recovery phase of the breaststroke : During the recovery phase of the breaststroke with the system being the arm and the joint is the shoulder, is the shoulder movement adduction, circumduction, pronation, or supination?

Automated processes of ais : Help to develop flowcharts to show the flow of data into and from each of the four accounting systems analyzed. Explain the rationale and analysis behind the recommended course of action.

Finding breakeven in units and dollars : Suppose you are in the business of selling widgets. You retail these fine looking widgets for $25 a piece and you have 1,000 of them in inventory.

Key things to consider when evaluating a supplier : What are some other characteristics that are important besides financial considerations? Why are those considerations important?

Three-fourths of them agreed with a number of statements : A survey of economists revealed that more than three-fourths of them agreed with a number of statements, including which of the following.

Explain components of information systems : Using the three components of information systems and the complementary assets concepts, discuss why some companies achieve better results with information systems than others.

Discussion on value stream mapping, construction : What is value stream mapping and how might it be applied in your organization? Please provide an example of a value stream map either from Construction company or from research on another company.

User Account

All Pages