How many shirts must ana sell to break even

Assignment Help Managerial Accounting
Reference no: EM132825649

Ana has started her own company, Imprint Shirts, which makes Custom Embroidered Logo polo shirts for special orders. Since she has just begun this operation, she rents the equipment from a local shop when necessary. The cost of using the equipment is $700. The materials used in one shirt cost $11, while the labor cost is $4 per shirt. Ana can sell these shirts for $20 each.

Question (a) How many shirts must Ana sell to break even?

Question (b) What is the total revenue for breaking even?

Question (c) How many shirts must Ana sell to make a profit of $360?

Question (d) What is the total revenue for making a profit of $360?

Reference no: EM132825649

Questions Cloud

Discuss the impact of physician practice patterns : Discuss the impact of physician practice patterns on the results of the hospital operating budget and capital budget.
Discuss the problem gap identified : Discuss the problem gap identified, and how it supported by the literature, the main researchers who have investigated the issue and your review
Propose comprehensive measures and road map : Being as consultant, propose comprehensive measures and road map that can improve organizational environment which may lead to better organizational performance
What is the amount of the initial investment associated : What is the amount of the initial investment associated with this project that should be used for calculating the simple rate of return?
How many shirts must ana sell to break even : How many shirts must Ana sell to break eve? Ana has started her own company, Imprint Shirts, which makes Custom Embroidered Logo polo
Semantic networks used in reasoning systems : Define and explain Semantic Networks used in Reasoning Systems for Categories.
Specific form of quantitative or qualitative model : Assuming that OPG wishes to improve its HR demand forecasts for technicians over a three-year period, do you think that OPG should use a quantitative
Explain the core modules of Hadoop : Identify and explain the core modules of Hadoop.
Prepare a classified balance sheet at April : Nicole sold 100 of her own personal shares to Raea Gooding for $800. Prepare a classified balance sheet at April 30, 2017

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Calculate the break-even dollar sale volume for each project

Assuming that three units of product A are sold for every four units of product B, calculate the dollar sales volume necessary to break-even.    As part of its cost accounting routine, Wilcox Company assigns $36,000 in fixed costs to each product e..

  Calculate net present value of investment in solar panels

Jannsen Limited, Calculate the net present value of the investment in solar panels. (Hint: Use Microsoft Excel to calculate the discount factor(s).

  Reporting increase an investment value

Does the use of the accelerated depreciation method (instead of straight line) for income tax reporting increase an investment's value?

  Find what is the implied interest rate for the first choice

What is the implied interest rate for the first choice and which investment should you choose? How long will you have to wait if don't add any additional money?

  Calculate expected profit and rate of return on investment

Calculate the expected profit and rate of return on investment for each division and for the company as a whole in the coming year, if Division B purchases its motors from Division A, and sells its entire output to retailers.

  Explain the information requirements of the client

Discuss the different systems in the company, what the purpose is for each of them and how they integrate with one another plus

  Determine or calculate the selling price per unit

Determine or calculate the selling price per unit if a net profit of R486 000 is desired. Variable manufacturing overhead costs per unit R2

  Discuss the concept of legal liability for auditors

Discuss the concept of legal liability for auditors and the massive risk involved. Take a position on this thought and defend it to your classmates. Include a differentiation between common law and statutory law.

  Find what are the expected total quality control costs

20 gas fireplaces next week, what are the expected total quality control costs? (Round intermediate and final value to 2 decimal places.)

  Building a cash budget with provide information

Building a Cash Budget with provide information - makes and sells an awarding Pinot Noir. Each Bottle of Pinot Noir sells for $24 and has a unit variable cost

  Which of the statements is true of hannibal inc

The company calculates a net present value for the new refrigerator of $6,000. Based on this information, which of the following statements is true?

  Prepare a costs of quality report

Prepare a Costs of Quality report. In addition to listing the costs by? category, determine the percentage of the total costs of quality

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