Mason companys selling price for its only product

Assignment Help Accounting Basics
Reference no: EM131022951

Mason Company's selling price for its only product was $20.00 per unit. Fixed expenses totaled $54,000, variable expenses were $14.00 per unit, and the company reported a profit of $9,000 for the year. What is the break-even point in units for Mason Company’s product?

1.

3857 units

2.

9000 units

3.

7500 units

4.

none of the above

Reference no: EM131022951

Questions Cloud

What is discounted payback period of proposed investment : A 2,000 square foot house in New Jersey costs $1,725 each winter to heat with its existing oil-burning furnace. For an investment of $5,000, a natural gas furnace can be installed, and the winter heating bill is estimated to be $1,000. If the homeown..
What would the purchase price have to be : A investor has purchased 10-year bonds, with a face value of $11,000. Interest at 8% is paid quarterly. If she desires to earn 12% nominal interest (compounded quarterly), what would the purchase price have to be?
What is percent rate of return-present value of perpetuity : What is the present value of a perpetuity of $4,887 if the discount rate is 10.26%? How long will it take to double your money at an annually compounded interest rate of 8.4%? If you pay $1,463 for a perpetuity of $135, what is your percent rate of r..
How you will implement your plan to improve communication : As you begin to develop your plan of action, what important considerations will you address to improve the communication and collaborative effort among the group?
Mason companys selling price for its only product : What is the break-even point in units for Mason Company’s product?
Was this legislation an example of fiscal policy : In 2009, Congress and the president enacted "cash for clunkers" legislation that paid up to $4,500 to people buying new cars if they traded in an older, low-gas-mileage car. Was this legislation an example of fiscal policy? Does your answer depend..
The current rate be on three-year treasury securities : One-year Treasury bills currently earn 3.25 percent. You expected that one year from now, one-year Treasury bill rates will increase to 3.45 percent and that two years from now, one-year Treasury bill rates will increase to 3.95 percent. The liquidit..
Degree of independence of the standard-setter : Is there a connection between the amount of political lobbying in a country and the degree of independence of the standard-setter from (a) government departments, and (b) the accountancy profession?
Are federal expenditures as a percentage of gdp higher : What is the difference between federal purchases and federal expenditures? Are federal purchases higher today as a percentage of GDP than they were in 1960? Are federal expenditures as a percentage of GDP higher?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Identifying current assets and liabilities

Dunn Sporting Goods sells athletic clothing and footwear to retail customers. Dunn's accountant indicates that the firm's operating cycle averages six months. At December 31, 2011, Dunn has the following assets and liabilities.

  An independent appraisal estimated the fair values of the

semtech manufacturing purchased land and building for 8 million. in addition to the purchase price semtech made the

  Negotiating with foreign suppliers

A company wants to buy $30 million in materials and services from suppliers in China, Japan, and South Korea. Discuss how the company would negotiate using the win-win model. What sort of strategies would it use?

  Edurado has started a small business making sundials

edurado has started a small business making sundials. thefollowing transactions occured for the business during a

  Garvey corporation reported income taxes of 371699020 on

garvey corporation reported income taxes of 371699020 on its 2012 income statement and income taxes payable of

  Extend the trial balance to an eight-column work sheet

From the ledger accounts prepared for P15- 3, prepare a trial balance. Extend the trial balance to an eight-column work sheet like that shown in Table 15- 16 , and use the work sheet to prepare the following financial statements

  Which of the following is true concerning process costing

which of the following is true concerning process costing in a multi-department setting?successor departments may only

  Question regarding the balance sheet

The balance sheet is useful for analyzing all of the following except _______________.

  Newcarcom inc an innovative internet-based automobile

newcar.com inc. an innovative internet-based automobile retailer based in ghana is beginning to seek customers in the

  Find a journal article online about standard costing in the

find a journal article online about standard costing. in the subject line of your post include the title of the article

  As part of a careers in accounting program sponsored by

as part of a careers in accounting program sponsored by accounting organizations and supported by our company you will

  Major categories of projects

What are the four major categories of projects based on the type of change involved?

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