Incurs variable costs-total fixed costs

Assignment Help Financial Accounting

Reference no: EM13823957

Ohio Corporation sells its product for $16 per unit and incurs variable costs of $10 per unit and total fixed costs of $12,000. What is Ohio Corporation’s break-even point for sales of this product?

Reference no: EM13823957

Questions Cloud

Using an operating leverage analysis : Alabama Corporation and California Corporation have the same sales and profits as follows: Using an operating leverage analysis, determine how much profits would increase for each company if each experienced a 10% increase in sales.

An unknown nonelectrolyte : The boiling point of a solution containing 10.44 g of an unknown nonelectrolyte in 50.00 g of acetic acid is 159.2°C. What is the mo- lar mass of the solute?

Produces one product-variable costs and fixed costs : Texas Company produces one product that it sells for $50 per unit. In producing that product, Texas Company incurs variable costs of $35 per unit and fixed costs of $400,000. How many units of the product will Texas Company have to produce and sell t..

Margin of safety in dollars and as percentage of sales : Mississippi Company produces and sells one product. Its sales and expenses for last month were: Compute Mississippi Company’s margin of safety in dollars and as a percentage of sales.

Incurs variable costs-total fixed costs : Ohio Corporation sells its product for $16 per unit and incurs variable costs of $10 per unit and total fixed costs of $12,000. What is Ohio Corporation’s break-even point for sales of this product?

What is the difference between cash flow and net income : Metro Bus Company had $400,000 of revenue and $401,000 of expense (including depreciation) for the current year resulting in a $1,000 net loss. All revenues were received in cash. What is the difference between cash flow and net income? Evaluate mana..

Issued credit memorandum and credited christines account : A check was issued for 98.05 to replenish the petty cash fund. A total of 1.95 is all that remains in the petty cash box at this time. All of the receipts have been accounted for and the summary below shows the following expenditures have been made f..

Preferred stock is cumulative-non-voting-plan ethical : Hancock Corporation is Publishing Company. The Hancock Family formed this corporation in colonial times more than 200 years ago. The stock (400 shares of $1 par common stock) has remained in the hands of the Hancock Family for all of that time. The p..

User Account

All Pages