How many units must howell industries sell

Assignment Help Cost Accounting
Reference no: EM13215450

Howell Industries has total fixed costs of $150,000 and the company's contribution margin represents 60% of revenue per unit, Last year, Howell Industries earned $50,000 pre-tax, and this year it would like to improve that figure by 20%. If the unit price is $125, how many units must Howell Industries sell to meet this objective?

Reference no: EM13215450

Questions Cloud

Debate - interference from the government : A business owner should be able to hire or fire anyone without interference from the government.
Between an occultation and an eclipse : In describing the observations of the movements of the moons of Jupiter, what is the difference between an occultation and an eclipse?
What is the initial value of the new tractor : Kapono Farms exchanged an old tractor for a newer model. The old tractor had a book value of $21,500 (original cost of $47,000 less accumulated depreciation of $25,500) and a fair value of $10,900. Kapono paid $39,000 cash to complete the exchange..
Compute the firms market capitalization and enterprise value : Calculate the firm's market capitalization and then calculate the enterprise value. b) Use the CAPM formula to determine the firm's cost of equity
How many units must howell industries sell : Howell Industries has total fixed costs of $150,000 and the company's contribution margin represents 60% of revenue per unit, Last year, Howell Industries earned $50,000 pre-tax, and this year it would like to improve that figure by 20%.
Solve the goal programming model graphically : For the second constraint, you would shade towards the origin, for the third constraint, you would shade toward the origin.
Police officers for the ethical dilemmas they will face : Discuss individual conscience and police assignments using specific examples. How can training prepare would be police officers for the ethical dilemmas they will face?
Determine what is the break-even point in units : Top Sail Company produces one type of machine with the following costs and revenues for year. Total Revenues: 5,600,000 What is the selling price per unit What is the variable cost per unit What is the contribution margin What is the break-even point..
Show that the process may be out of control : List and describe (or draw) three patterns on a control chart that show that the process may be out of control. That is patterns that are not likely to be random. Note: each pattern must show a different out of control rule.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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