User Account

All Pages

How many widgets do they need to sell

Assignment Help Accounting Basics
Reference no: EM132587385

Question - Hoops Limited makes a single product, the widget. This product sells for £15, and makes a contribution of £5 per unit. Total fixed costs per annum are £11,125.

If Hoops Limited wishes to make an annual profit of £11,875, how many widgets do they need to sell?

A. 1,533 units

B. 2,225 units

C. 2,375 units

D. 4,600 units

Reference no: EM132587385

Questions Cloud

Compute the budgeted fixed costs per month : Budgeted sales are 5000 units per month, and budgeted contribution is £25 per unit. Compute the budgeted fixed costs per month
Why grant date accounting provides a strong motive to bias : Explain why grant date accounting provides a strong motive to bias estimates of the fair value of options downward and why the opportunity exists to do so
Estimate the fair value for the options granted : Estimate the fair value for the options granted during 2019 using the Black-Scholes model, what amounts would you input for the items
Describe how culture can affect the labor market : Describe how culture can affect the labor market.
How many widgets do they need to sell : This product sells for £15, and makes a contribution of £5 per unit. Total fixed costs per annum are £11,125. How many widgets do they need to sell
Which of the amounts would be recorded in the purchases : Which of the amounts would be recorded in the purchases account of Ed's Electronics? Ed, the owner of of Ed's Electronics, purchased 35 DVD players at $12 each.
Identify the different departments on typical cruise ship : Identify the different departments on a typical cruise ship. Identify the type of personnel needed in each department
Describe the importance of glass-windows : If you are inspired and in agreement with author Fennelly, use your physical security expertise to provide well-synthesized descriptions on the importance.
Evaluate different theories of accounting : Understand different provisions of accounting standards and the compliance requirements of the professional and legal bodies in Australia

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd