User Account

All Pages

How many unit per year must be sold for company to breakeven

Assignment Help Financial Accounting
Reference no: EM132768881

A manufacturing company leases a building for $90.000 per year for its manufacturing facilties. In addition, the machinery in this building is being paid for in installments of $18.000 per year. Each unit of the product costs $14 in labour and $9 in materials. The product can be sold for $40.

Problem 1: How many units per year must be sold for the company to breakeven?

Choose the closest answer below.

A. 8,894

B. 6,353

C. 7,624

D. 3,812

E. 10,165

Reference no: EM132768881

Questions Cloud

What is the optimal number of units that should be produced : What is the optimal number of units that should be produced and sold each month? A company has determined that the price range and the monthly demand
Select three short-term financing instruments and three long : Select three short-term financing instruments and three long-term financing instruments. Please write at least three well-composed paragraphs describing what each instrument is and how it works.
Which definition is false for simple interest rate : Which definition is FALSE for simple interest rate? Total interest earned is a linear function of time (period). / It does not involve compounding of interest
Record the exchange on the books of Callister Company : The equipment had a carrying value of P1,625,000. Record the exchange on the books of Callister Company in general journal form
How many unit per year must be sold for company to breakeven : Each unit of the product costs $14 in labour and $9 in materials. The product can be sold. How many units per year must be sold for the company to breakeven?
What will be the balance of account immediately : Every year you deposit $1,400 into an account that earns 2% interest per year. What will be the balance of your account immediately after the 40th deposit?
Prepare journal entry to record the depreciation expense : Prepare journal entry to record the depreciation expense for the year ended December 31, 2018, assuming that the company uses the double-declining balance
Find how much will end up paying out of that claim : How much will he end up paying out of that claim? His medical bill included a $7,532 in hospital charges plus a 16.6% of these charges for recuperative care.
What is the size of the single payment : John owes $600 in 6months and $750 in 30 months. John wants to repay his debts with a single payment today. What is the size of the single payment

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd