How many units must the company sell next year

Assignment Help Accounting Basics
Reference no: EM13125044

During the past year a company had total fixed costs of $70,000. Its product sold for $9 per unit. Variable costs during this time equaled $5 per unit. Next year the company is anticipating a 4% increase in total fixed costs and a $1 per unit decrease in variable costs, but would like to maintain its current selling price per unit. How many units must the company sell next year to earn $1,000,000?

Reference no: EM13125044

Questions Cloud

Automation is the prime cause of unemployment : minimum wage legislation increases costs of production (and thus product prices) and creates an excess supply (unemployment) of unskilled labor.
Market globalization : Good recruiting tools, but often result in relocation failures.are one of the six leading reasons that new managers fail. have given employees with children higher overall compensation levels.
Exercise in logical thinking : There are 3 suspects, A, B, and C, for a robbery that presumably happened in a shop. We know that the following facts are true:
Illustrate which alternative should john choose : John Roberts is 55 years old and has been asked to accept an early retirement from his company. The company has offered John three alternative compensation packages to induce John to retire: Illustrate w hich alternative should John choose assumin..
How many units must the company sell next year : During the past year a company had total fixed costs of $70,000. Its product sold for $9 per unit. Variable costs during this time equaled $5 per unit.
The expressions for kc for the following reactions : Write the expressions for Kc for the following reactions. a. 2O3(g) --> 3O2(g) b. Ti(s) + 2Cl2(g) --> TiCl4(l) c. 2C2H4(g) + 2H2(g) --> 2C2H6(g) + O2(g)
Equation of ellipse : Among the professionals you have interviewed for your article, were several state and federal government spokespersons who use linear equations in a variety of ways.
Ain idea : List and briefly describe each step in the three-step method for identifying the stated or unstated main idea in a passage.
Explain how a company chooses a taxable year : Explain how a company chooses a taxable year. What do you think the taxable year for the following businesses would be:

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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