How do determine the break even points for targeted profit

Assignment Help Managerial Accounting
Reference no: EM132479822

Question 1: How do you determine the break even points for targeted profit? ::

sales price : $18

fixed costs : $589

contr. margin : 13.35

Break even units : 45

Target profit : $417

Break even units (round up)

Reference no: EM132479822

Questions Cloud

Calculate the weighted average number of shares outstanding : Wildhorse Limited had 42,900 common shares outstanding on January 1, 2020. Calculate the weighted average number of shares outstanding for Wildhorse
What cash amount should mega electronics : Electronics values money at 8.4% per year compounded monthly, what cash amount should Mega Electronics be willing to accept instead of the no-interest plan?
Calculate the net change in operating income : Product X1 can be processed further to make product X2, at an incremental cost of $39,000. Calculate the net change in operating income
Identify at least three permanent accounts : Identify at least three permanent and at least three temporary accounts a bait shop would have and explain why each account is classified as such.
How do determine the break even points for targeted profit : How do you determine the break even points for targeted profit?sales price : $18 fixed costs : $589 contr. margin : 13.35 Break even units : 45
Determine the standard overhead rate : The preset formula for overhead application estimated that $287,000 would be incurred, and 5,900 direct labor hours. Determine the standard overhead rate
Four tests of worthiness does erwin argument fail : Yes, we had sex, but it was consensual, plus she will be 18 in two weeks, and we are planning to get married." Which of the four tests of worthiness
Supplier in a perfectly competitive market : How does the substitutability of a completely similar good relate to the demand curve facing a supplier in a perfectly competitive market?
Calculate the cost per equivalent unit for materials : Calculate the cost per equivalent unit for materials and conversion for March. (Round cost per Equivalent Unit to 5 decimal places.)

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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