How many units are currently selling

Assignment Help Financial Accounting
Reference no: EM132751702

Phota Company produces drippers. Each unit sells for $15. Information for the month appears below:

Sales. $18,000

Variable Costs. 6,600

Fixed Costs. 7,790

Net Income (loss). 3,610

Problem A. How many units are they currently selling?

Problem B. What is the break even point?

Problem C. How many units will they need to sell in order to make a profit of $5,000?

Reference no: EM132751702

Questions Cloud

Agricultural and biosystems engineering program : What is the importance of studying animal science in the Agricultural and Biosystems Engineering program?
Discuss the earning management : Discuss the earning management. Discuss the usefulness or the limitations of the income statement
What is the estimated value per share of bsecurity common : What is the estimated value per share of BSecurity's common equity given our assumptions? What is the terminal value for BSecurity at the end of the fifth year?
Create a detailed outline for your research paper : Create a detailed outline for your research paper. The detailed outline should have an outline for the following: Make sure that you map the references from.
How many units are currently selling : How many units will they need to sell in order to make a profit of $5,000? How many units are they currently selling? What is the break even point?
What is the genotype of the father : The ability to roll the tongue sideways (Aa(BbWhat is the genotype of the mother?) is dominant over the inability to roll one's tongue ().
Market penetration : What is a market penetration strategy? Provide an example of a market penetration strategy and describe how using it effectively might increase a firm's sales.
Describe specific costs that are relevant to the decision : Describe 2 specific costs that are relevant to the decision whether to expand or not, and 2 specific costs that are irrelevant to the decision
How has the indian government continued to instill fear : How has the Indian government continued to instill fear in the Kashmiris by militarisation? How has Modi contributed to it? What larger theoretical point do you

Reviews

Write a Review

Financial Accounting Questions & Answers

  Legal rules it prevents arguments among the partners

Partnership income and losses are usually divided on the basis of interest, salaries, and stated ratios because partners seldom contribute time and resources equally this method reflects the amount of time devoted to the partnership by the partners i..

  Prepare the journal entry to record this transaction

On January 1, 2014, Field Furniture Co. borrowed $4,229,000 (face value) from Gary Sinise Co., a major customer, through a zero-interest-bearing note due in 4 years. Because the note was zero-interest-bearing, Field Furniture agreed to sell furniture..

  Calculate selected ratios and obtain industry averages

ACC 201- Calculate selected ratios and obtain industry averages for comparison. Prepare in good form a written presentation of the results of the financial statement analysis.

  What is the return on assets for each company

How much did each company have in total assets for each of the last 2 years?- What is the return on assets for each company in the current year?

  How much cash was collected from customers

During 2019, accounts receivable decreased by $13,000 and accounts payable increased $27,000. How much cash was collected from customers during 2019?

  Journalise the transactions for manex ltd.

Journalise the transactions for Manex Ltd. Include an explanation for each entry. Payment of half yearly interest on 1 January 2017.

  Determine the number of equivalent units of production

Determine the number of equivalent units of production for materials and conversion during October. - Determine the cost per equivalent unit for materials and conversion and the total cost per equivalent unit.

  Deduct for this entertainment expense

Marino Corporation pays $6,500 to rent a 10-seat skybox for three football games to use for business entertainment at each game. The price for a regular non-luxury box seat at each game is $45. How much can Marino Corporation deduct for this entertai..

  What is the estimated beta coefficient of company

What is the estimated beta coefficient of your company? What does this beta mean in terms of your choice to include this company in your overall portfolio?

  Find how much overhead will be assigned

Find how much overhead will be assigned. The Milling Department logs 1,400 machine hours and the Cutting Department shows 3,000 machine

  Solve the cash received from the sale of the bonds

On January 1styield 10.0% interest is paid semiannually. June 30th and December 31 of each year, Calculate the cash received from the sale of the bonds.

  Post all adjusting journal entries to the worksheet

Prepare all journal entries on word/excel document, post all journal entries to the worksheet and post all adjusting journal entries to the worksheet

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