User Account

All Pages

How much is the breakeven point in sales dollars

Assignment Help Accounting Basics
Reference no: EM131783560

Question - The following monthly data are available for RedEx, which produces only one product that it sells for $84 each. Its unit variable costs are $28 and its total fixed expenses are $64,960. Sales during April totaled 1,600 units.

(a) How much is the breakeven point in sales dollars for RedEx?

(b) How many units must RedEx sell in order to earn a profit of $24,640?

(c) A new employee suggests that RedEx sponsor a company softball team as a form of advertising. The cost to sponsor the team is $1,792. How many more units must be sold to cover this cost?

Reference no: EM131783560

Questions Cloud

Calculate the tax effect first : Calculate the net present value (NPV), that is, the net benefit or net loss in present value terms of the proposed purchase costs and the resultant incremental.
What was the approximate amount stolen during the past year : What was the approximate amount stolen during the past year? What would be your recommendations to the owner?
Determine the maximum q for each mode : If the acceleration ü(t) of the ground in Example is a single sine pulse of amplitude ao and duration t1' as shown in Figure.
How much of accounting department costs will be allocated : Sasha Company allocates the estimated $197,100 of its accounting department. How much of the accounting department costs will be allocated to the production?
How much is the breakeven point in sales dollars : How much is the breakeven point in sales dollars for RedEx? How many units must RedEx sell in order to earn a profit of $24,640
Prepare the journal entries for the above january : Prepare the journal entries for the above January petty cash fund transactions
What would be the impact on profits : Maxley Markets Company sells logo sports merchandise and does custom embroidery. What would be the impact on profits if embroidery was dropped
What basic earnings per share amount would francis report : What basic earnings per share amount would Francis report on its 2016 income statement? Round your answer to two decimal places.
Gap analysis as it relates to safety management systems : What is gap analysis as it relates to Safety Management Systems and is it important?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What amount of materials cost is included in ap hill

A.P. Hill Corporation uses a process-costing system. Products are manufactured in a series of three departments. The following data relate to Department.

  What are receivables

What are receivables? What are the different types of receivables? How are receivables recorded? Give examples

  Produce after-tax cash flows

Zappe Airlines is considering two alternative planes. Plane A has an expected life of 5 years, will cost $100 million, and will produce after-tax cash flows of $30 million per year. Plane B has a life of 10 years, will cost $132 million, and will ..

  If the notes provides for interest compounded semiannually

on june 30 2008 raminc. borrowed 25000 from good bank. in connection with the transaction ram executed an 8 two-year

  The production manager of a large company reports the

the production manager of a large company reports the following data for the production of the companys single

  Thumb drives with quantity discounts at aj taylor

In the quantity discount model in Example 12.2, the minimum total annual cost is region 3 is clearly the best. Evidently, the larger unit purchase costs in the other two regions make these two regions unattractive.

  Your client jeffrey smith president and ceo of malico

your client jeffrey smith president and ceo of malico corporation of took accounting a number of years ago and was

  Joe reynolds painted four houses during april 2013 for

joe reynolds painted four houses during april 2013. for these jobs he spent 2400 on paint 160 on mineral spirits and

  What is the expected purchase price

The remaining 35% of the customers pay $125 for the more expensive model. What is the expected purchase price

  What was the epa doing and why

We will accept public comments until March 15, 2002. What was the EPA doing and why? What could those who had concerns do at that point?

  A company expects to begin the coming year with 6000

a company expects to begin the coming year with 6000 ceramic pots in finished goods inventory. it expects to sell 85000

  What is the amount of the recorded gain or loss

On January 1, 2011, Steadman issues $350,000 of 10%, 15-year bonds at a price of 973 /4. Six years later, on January 1, 2017, Steadman retires 20%.

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