How many units must x company sell

Assignment Help Accounting Basics
Reference no: EM132461474

In 2019, X Company sold 5,750 units of its only product. Total revenue was $1,445,550, total variable costs were $648,025, and total fixed costs were $635,000. In 2020, there are only two expected changes: variable costs will decrease by $4.10 per unit, and fixed costs will increase by $42,600.

Question 1: How many units must X Company sell in 2020 in order to earn $33,000?

Reference no: EM132461474

Questions Cloud

What is enzymic browning : What is enzymic browning and how does it affect the quality of a food item?
How often should temperature checks on refrigerated : How often should temperature checks on refrigerated and frozen storage areas be conducted?
What is an imprest stock control system : What is an imprest stock control system?
What is the revenue function : A product can be sold for $29 per unit. The cost c of producing x units is cx 24x 5000. What is the revenue function
How many units must x company sell : Variable costs will decrease by $4.10 per unit, and fixed costs will increase by $42,600. How many units must X Company sell in 2020 in order to earn $33,000?
Motivations differ between various businesses-organizations : Discuss how investment motivations differ between various businesses and organizations and how that may impact their preferred choice for economic analysis.
What interest rate is implicit in the bond valuation : What would appear on the statement of financial position (indicate category), income statement, and statement of cash flows for the year ended June 30, 20X6?
List down all the pure strategies for player : a) Draw the game tree for this game with the respective payoffs indicated. b) List down all the pure strategies for each player.
Determine the economic order quantity : Candy is Store A's most popular product. The setup cost of an order with the supplier is $70. Determine the economic order quantity

Reviews

Write a Review

Accounting Basics Questions & Answers

  Optimum weight corporation offers personal weight reduction

Optimum Weight Co. offers personal weight reduction consulting services to individuals.

  Compute the number of units of each product

Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and contribution margin per unit are as follows.

  Prepare the appropriate journal entry

The office equipment originally cost $15,000, Prepare the appropriate journal entry to record the disposition of the office equipment

  Prepare the bank reconciliation as of july

The bank collected $1,715.00 for Carla Vista Co. through electronic funds transfer. Prepare the bank reconciliation as of July 31

  What is par or stated value per share of apple common stock

What is the par or stated value per share of Apple's common stock? What percentage of Apple's authorized common stock was issued at September 27, 2014

  Life insurance proceeds don is the beneficiary of a 50000

life insurance proceeds. don is the beneficiary of a 50000 insurance policy on the life of his mother anna. to date

  Assuming a perpetual inventory system and using fifo method

Assuming a perpetual inventory system and using the first-in, first-out (LIFO) method, determine

  Discuss megan from claiming sam and dana as dependents

would the sale prohibit Fred and Megan from claiming Sam and Dana as dependents? Would the stock sale in 2015 result in a tax liability for Sam and Dana

  Record the purchase of the trucks

On 1 January 2017, Nicolaidis Ltd purchased two identical new machines at a total cost of $700000 plus GST. It was estimated that the machines would have.

  Compute the company degree of operating leverage

Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows Amount % of Sales Sales $121,000

  Examine the financial statement and notes of a public

Examine the financial stateIn the United States, a public company's financial statements must be according to Generally Accepted Accounting Principles (GAAP). These principles are cost, revenue recognition, and matching principles. Examine the fin..

  Vanessa company is evaluating a project requiring a capital

vanessa company is evaluating a project requiring a capital expenditure of 480000. the project has an estimated life of

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