How many Purple seats will need to be sold

Assignment Help Accounting Basics
Reference no: EM133027700

Question - The WIU alumni club is selling padded bleacher seats as a fundraiser. The total fixed costs for the fundraiser are $4000.

There are three different models of bleacher seat being sold: Purple, Gold and Rocky. Information about the different models follows:

 

Purple

Gold

Rocky

Sales price per unit

$40

$50

$80

Variable cost per unit

18

21

3

Sales mix

50%

20%

30%

Required - At the fundraiser's breakeven point, how many Purple seats will need to be sold?

Reference no: EM133027700

Questions Cloud

Discuss the problems facing your population of choice : Needing a two-paragraph summary of each article - The Impact of Adverse Childhood Experiences on Sexual Well-being among Youth Formerly in the Foster Care
What is the option price in dollars : The risk-free rate is 4% per annum and the gold yield rate is 2% per annum, both continuously compounding. What is the Option Price in dollars
How many shares were issued before the share split : Dayron Company had 80,000 ordinary shares outstanding in January 2019. How many shares were issued before the share split
What sorts of decisions would this analysis help you make : What sorts of decisions would this analysis help you make; such as buying stocks, considering accepting an employment offer, etc.
How many Purple seats will need to be sold : The WIU alumni club is selling padded bleacher seats as a fundraiser. The total fixed costs for the fundraiser are $4000. How many Purple seats will need
What is the NPV of this project : The project is expected to generate net cash flows to the subsidiary of 3 billion and 4 billion won in the two years of operation, What is NPV of this project
How much must you deposit annually : Question - How much must you deposit annually into an account that pays 5% annual interest to have $75,000 eight years from now
What is the present value of a five-year ordinary annuity : What is the present value of a 5-year ordinary annuity of $4,000 per year plus an additional $1,500 at the end of Year 5 if the interest rate is 7%
Summary of article - efects on children : Summary of article - Efects on Children and Adolescents' Emotional Regulation by Emeline Delaville1 and Valérie Pennequin

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the debit to Interest Expense on Oct

On July 2, 2020, Martineau Ltd. issued $6,000,000 (par value), 9%, ten-year convertible bonds at 98. What is the debit to Interest Expense on Oct

  What is the ending balance in Finished Goods Inventory

Units produced 610 Units sold 420 units. There are no beginning inventories. What is the ending balance in Finished Goods Inventory using variable costing

  Which of the assets may be classified as investment property

Which of the assets may be classified as investment property? Land held for long-term capital appreciation. / Intangible asset held for lease

  Which of the statements is ture of field names

Which of the statements is ture of field names? They should use wordssuch as Name and Data. / They should have special character

  Calculate the John self-employment tax

John is also employed part-time by a major corporation and is paid $25,000. John's self-employment tax (rounded) for 2019 is

  What are the tax consequences of this loan to Lafayette

Assume that the Federal rate is 3%, compounded semiannually. What are the tax consequences of this loan to Lafayette

  What is margin of safety and operating leverage

Explain variable costs, fixed costs, and mixed costs. What is margin of safety and operating leverage? What is meant by the term relevant range

  What is the net payment date

An invoice was dated June 4 with terms of 4/15 ROG. The merchandise was received on July 25. What is the net payment date

  Leeds architectural consultants began operations on

leeds architectural consultants began operations on january 2. the following activity was recorded in the companys work

  Why does registered liquidator need to conduct a ppsr search

Why does the registered liquidator need to conduct a PPSR search and list any other searches that should be conducted by a registered liquiadator

  Calculate gross pay for each of the employees

Calculate gross pay for each of the following employees of Launchpad Co. The company offers a regular wage rate of $8.20/hour to all employees

  Compute the uncollectible account expense

Uncollectible accounts are determined by the percent-of-sales method to be 2% of credit sales. Compute the uncollectible account expense for 2006

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