How many units be sold to earn income for bonita industries

Assignment Help Accounting Basics
Reference no: EM132843566

Problem 1: Bonita Industries wants to sell a sufficient quantity of products to earn a profit of $250000. If the unit sales price is $10, unit variable cost is $8, and total fixed costs are $200000, how many units must be sold to earn income of $250000?

a) 56250 units
b) 225000 units
c) 100000 units
d) 2250000 units

Reference no: EM132843566

Questions Cloud

Find what are the fixed costs for crane company : The contribution margin ratio is 20%. If Crane will break even at this level of sales, what are the fixed costs? Crane Company is planning to sell 200000.
Theoretical probabilities for all possible outcomes : Use algebraic reasoning to prove that the sum of the theoretical probabilities for all possible outcomes for this experiment must equal 1.
What is the current value per share according to the analyst : The required return is 12 percent (effective annual return, EAR). What is the current value per share according to the analyst
Balance sheet and income statement of universal garage : Prepare financial statements for the month and Make ratio analysis by using Balance sheet and income statement of universal garage
How many units be sold to earn income for bonita industries : Bonita Industries wants to sell a sufficient quantity of products to earn a profit of $250000, how many units must be sold to earn income of $250000?
What is the amount of the check : Blossom Company returns $1600 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of check
Find an article discussing torture : Find an article discussing torture and summarize their argument for or against torture. Analyze their argument and use facts to state whether
How many hammers will have to be sold in june to maintain : Assume that Waterway increases the selling price, How many hammers will have to be sold in June to maintain the same level of net income?
Find the fair value of the plan assets at December : The corporation uses IFRS. Defined benefit obligation, Jan 1 $200,000. Find the fair value of the plan assets at December

Reviews

Write a Review

Accounting Basics Questions & Answers

  The cost of production is 99 locust sells its packages on

locust software sells computer training packages to its business customers at a price of 105. the cost of production is

  What is the internal growth rate

A firm has an ROE of 27.5% and an ROA of 10%. What is the internal growth rate if the firm has a 55% dividend payout ratio

  What amount of cash did lance receive

What amount of cash did Lance receive from its customers during the year ended September 30, year 1

  How do you identify with products you buy

How do you identify with products you buy? What are some of the driving forces behind your decisions to choose one product or service over the other?

  Provide summaries of five flexible work arrangements

Identify and provide summaries of five flexible work arrangements that may be implemented in order to meet an organisation's needs

  Record the journal entries for january

On January 31st, the fund contained $280 in cash and $215 in receipts for miscellaneous expenses before replenishment. Record the Journal Entries for January

  Compute for the total product cost

The following costs were incurred during the year by Hopefully Company. Promotional expenses = 28000. Compute for the total product cost

  How does the test is performed

Let's assume that the Value of the land is $8 Million and the value of the building is $85 million. How does the test is performed

  What is meant by major fund reporting how does this differ

what is meant by major fund reporting? how does this differ from reporting by fund type? for what fund types is major

  Prepare a trial balance at march on a worksheet

Laura Eddy opened Eddy's Carpet Cleaners on March 1. Prepare a trial balance at March 31 on a worksheet

  Browning realty co pays weekly salaries of 9375 on friday

browning realty co. pays weekly salaries of 9375 on friday fro five-days workweek ending on that day. journalize the

  Explain operating activities and investing activities

Discuss the interrelationship of the cash flow statement to the other financial statements. In your discussion comment and explain operating activities.

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