Rhinos landscaping sells a quality brand of hoes shovels

Assignment Help Accounting Basics
Reference no: EM13482770

Rhino's Landscaping sells a quality brand of hoes, shovels, and rakes in a sales mix of 2:4:2 (25%, 50%, 25%).  The company's fixed costs are $61,000. Product data include the following:

Hoes Unit sales price $12.................Unit Variable costs $8

Shovels unit sales price $15.............unit variable costs $7

Rakes unit sales price $16................unit variable costs $8

Required

a.) compute the overall contribution margin per unit for the company.

b.) Determine overall breakeven point for the company (total units)

c.) Calculate the breakeven point in units for each product:

Hoes

Shovels

Rakes

d.)Determine the overall breakeven point in total sales dollars for the company

Reference no: EM13482770

Questions Cloud

Bamboo you inc this company manufactures bamboo picture : bamboo you inc. this company manufactures bamboo picture frames that sell for 23 each. each frame requires 4 linear
Determine the spot and 12-month forward exchange rates and : navigation systems inc. now has total worldwide revenues of over 500 million forecast for this coming year. you have
Mailcom a leading provider of internet messaging : in this make or buy problem you should compute the total cost of making a particular part and the total costs of buying
Gilman company purchased 100000 of the 250000 shares of : gilman company purchased 100000 of the 250000 shares of common stock of burke corporation on january 1 2009 at 40 per
Rhinos landscaping sells a quality brand of hoes shovels : rhinos landscaping sells a quality brand of hoes shovels and rakes in a sales mix of 242 25 50 25.nbspnbspthe companys
Current dividends have been paid no preferred stock issued : roseau company is preparing its annual earnings per share amounts to be disclosed on its 2013 income statement. it has
Determine the overhead from both production departments : 1 - blue ridge marketing inc. manufactures two products a and b. presently the company uses a single plantwide factory
1 a portfolio manager in charge of a portfolio worth 10 : 1. a portfolio manager in charge of a portfolio worth 10 million is concerned that the market might decline rapidly
A portfolio contains 10000 shares of ibm stock the : a portfolio contains 10000 shares of ibm stock the portfolio manager writes ten ibm call contracts.one contract is

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.

  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!

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