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

  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