How many units must be sold to break-even

Assignment Help Managerial Accounting
Reference no: EM133064606

Question - Tim Taylor has written a self improvement book that has the following cost characteristics:

Selling Price $16.00 per book

Variable cost per unit:

Production $4.00

Selling & administrative 2.00

Fixed costs:

Production $93,000 per year

Selling & administrative 25,200 per year

How many units must be sold to break-even?

Reference no: EM133064606

Questions Cloud

Prepare a multiple-step income statement : The amount of income taxes applicable to ordinary income was $30,000, Prepare a multiple-step income statement for 2020
Presentation on marketing strategy for cineplex : Prepare Presentation on Marketing Strategy for Cineplex - What is Cineplex selling and What quadrant of Ansoff method Cineplex falls on
Leadership style-intrinsic value of human capital : What is your own leadership style? During the briefing, how will you use your leadership style to illustrate the intrinsic value of human capital?
Organization of compensation plan : What is the role and benefit to an organization of compensation plan? Provide minimum of 3 factors to consider in identifying the needs of compensation package
How many units must be sold to break-even : Question - Tim Taylor has written a self improvement book that has the following cost characteristics: How many units must be sold to break-even
Review your internship experience successes : Your internship course experience and the learning objectives achieved during the course, review your internship experience successes
Define strategies to accomplish the task : When the company was listed about 5 years ago, the IPO was RM2.50. Define strategies to accomplish the task
How much income will be allocated to Roberto : Roberto and Reagan are both 25-percent owner/managers for Bright Light Incorporated. How much income will be allocated to Roberto
The influence of social media is huge : The influence of social media is huge. How can Facebook, Twitter, and other social media sites represent a major threat or opportunity for a company?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How can firms use the budget

How can firms use the budget and other information to evaluate the performance of individuals and of the firm. What are some method that can be used.

  What was the cost of the work-in-process inventory

A sporting goods manufacturer buys wood as a direct material, What was the cost of the work-in-process inventory in the Finishing Department at the end of May?

  Determine costs to be assigned to the units transferred out

Determine the costs to be assigned to the units transferred out and the units in ending work in process. Hannah Company has the following data available

  Compute the accounting rate of return for this equipment

Costs Materials, labor, and overhead (except depreciation on new equipment) 80,000. Compute the accounting rate of return for this equipment

  Solve the profit margin and rate of return on investment

Solve the profit margin, investment turnover, and rate of return on investment using the DuPont formula for the company in 2019 and 2020.

  Is Sara right about eliminating the Western Division

In the Western Division, cost of goods sold is $56,000 variable and $20,470 fixed, Is Sara right about eliminating the Western Division

  What are the receipts from sales on account for October

Daybook Inc. collects 30% of its sales on account in the month of the sale. What are the receipts from sales on account for October

  Indicate the net income that waterloo would realize

Waterloo Co. sells product P-14 at a price of $49 a unit. Indicate the net income (loss) that Waterloo would realize by accepting the special order

  What was its P-E ratio yesterday

Today the common stock of Gresham Technologies closed at $25.30 per share, down $0.38 from yesterday. What was its P-E ratio yesterday

  Solve material price and quantity variances for model

WRX uses a standard costing system. Calculate material price and quantity variances for the model RN-3 valves. (Enter all variances as a positive number.)

  How recommend four perspectives of the bsc

How Recommend one measure for each one of the four perspectives of the BSC for the Ombrelli Pazzi division and justify why you have selected such measures.

  What the mdm complexity was straightforward

Physical examination, Dr. York concluded that Mr. White was improving but should remain at home for the next 2 weeks. The MDM complexity was straightforward.

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