How many tables must be sold in order for Diablo Inc

Assignment Help Managerial Accounting
Reference no: EM132822875

Question - Diablo, Inc., produces and sells the finest quality pool tables in all of Contra Costa County, California. The company expects the following sales and expenses in 2011 for its tables: Sales (1,000 tables @ $400 per table) $400,000; Variable expenses 200,000; Fixed expenses 120,000. How many tables must be sold in order for Diablo, Inc., to break even?

Reference no: EM132822875

Questions Cloud

Determining compensation and factors affecting employee : In your opinion, what are three top elements to consider when setting compensation and why?
What the cash flows being used most likely should reflect : A corporation purchased land in a downtown location for $120,000 five years ago, the cash flows being used most likely should reflect a cost of
Draw a cross section of the structure in the box provided : Draw a cross section of the structure in the box provided. To the best of your ability, reproduce the proper dip angles of the rock layers.
What are the issues of standardization and localization : - What are the issues of standardization and localization in general for multinational enterprises (MNEs) and how do they particularly manifest themselves in IH
How many tables must be sold in order for Diablo Inc : Variable expenses 200,000; Fixed expenses 120,000. How many tables must be sold in order for Diablo, Inc., to break even
Corporate social responsibility : Research your present or past company's view on corporate social responsibility.
Personnel management and human resource management : What is the difference between personnel management and human resource management?
Compute the predetermined overhead rates : Compute the predetermined overhead rates assuming that Donovan uses machine-hours to allocate machine-related overhead costs
Teaming at disney animation : What is your assessment of the new team structure - i.e., the new structure for Disney Animation's systems group? What are its strengths and weaknesses

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Complete cash disbursement budget and cash budget

Using the Excel template, complete the sales budget, cash receipt budget, purchase budget, cash disbursement budget and cash budget.

  Prepare an absorption-costing income statement

Calculate the unit cost for variable costing, calculate the unit cost for absorption costing and prepare an absorption-costing income statement.

  What was carter co break-even point in units

Carter Co. sells two products, Arks and Bins. Assuming that last year's fixed costs totaled $960,000, what was Carter Co.'s break-even point in units?

  Compute the opportunity cost of accepting the order

Compute the opportunity cost of accepting this order. Compute the minimum acceptable price for this order. Rexall Industries produces latches for cabinet doors.

  Which statement about the car industry is not likely true

Which statement about the car industry is NOT likely true? Differentiation strategy is a viable choice for firms entering the car industry.

  Calculating the predetermined overhead rate

Dori's choice of a production volume as a denominator for calculating its predetermined overhead rate will have NO effect on which of the following?

  Calculate the equivalent units of production

Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account.

  What is the operating income earned by product

What would be the effect on the company's overall net operating income of dropping product G410? Should the product be dropped?

  Describes a segment of a business responsible for cost

Which of the best describes a segment of a business responsible for both revenues and costs? A residual income centre./ An investment centre.

  Determine variable cost per guest

Given the following information, determine variable cost per guest, and the total fixed costs, using both the high and low data to confirm your calculations

  Prepare operating activities section of statement of cash

Prepare operating activities section of the statement of cash flows using the direct method. Jetty has no depreciable assets. Accounts payable pertains

  Prepare the Statement of Cash Flows for Cardi Company

Common Stock exchanged for outstanding Long-Term Notes Payable of $150,000. Prepare the Statement of Cash Flows for Cardi Company using the indirect method

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