Solution-How many units must be sold year to earn same net

How many units must be sold year to earn same net income

Assignment Help Managerial Accounting

Reference no: EM132756003

Problem 1: A total of 30,000 units were sold last year. The contribution margin per unit was $2, and fixed expenses totaled $20,000 for the year. This year fixed expenses are expected to increase to $26,000, but the contribution margin per unit will remain unchanged at $2. How many units must be sold this year to earn the same net income as was earned last year?

Reference no: EM132756003

Questions Cloud

Give the journal entry to record the credit sale : Give the journal entry to record the credit sale. Assume use of the perpetual inventory system. Scott's Cycles sells merchandise on credit terms of 2/15, n/30.

Explain distinction between leadership and management : After completing the reading this week, please review table 1.2 in the text and review the distinction between leadership and management.

How do find the initial cash flow : Suppose an investment costing $15,600 generates semi-annual cash flows growing at 2 percent indefinitely. If interest rate is 8 percent, find the initial cash

How do find the value of receiving growing at a rate : How do Find the value of receiving $450 growing at a rate of 0.5 percent each quarter in perpetuity if the interest rate is 6 percent compounded quarterly.

How many units must be sold year to earn same net income : A total of 30,000 units were sold last year. The contribution margin. How many units must be sold this year to earn the same net income as was earned last year?

Explain main barriers of using hit in the healthcare system : You Have learned about health information technology (HIT) in this chapter. Give a few examples for the application of HIT in the clinical practice.

Find what is amount of sales or revenue dollars company : Find what is the amount of sales or revenue dollars the company must achieve? If the company wants to earn a profit of $50,000 instead of breaking even

Calculate the overhead spending and efficiency : Actual variable overhead for the month was $37,680 and fixed overhead was $16,000. Calculate the overhead spending, efficiency, and volume variances

What are the implications of such trend in csl ev : What are the implications of such trend in CSL's EV/EBITBA multiple for firm's growth? Does this trend imply a SELL recommendation?

User Account

All Pages

How many units must be sold year to earn same net income

Reference no: EM132756003

Reference no: EM132756003

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT