Sean need to produce to break even

Assignment Help Financial Accounting
Reference no: EM13946610

Ø  Sean owns a company that bakes and packages cookies for bakeries in the area. He has fixed expenses of $6,500 per month. His contribution margin is $10 per package of cookies. Each package of cookies has a variable cost of $15.

Ø  How many packages of cookies does Sean need to produce to break even?

Ø  Sean is looking to make his company his primary source of income so he wants to make a profit of $7,000 per month.

Ø  How many packages each month to achieve his desired profit?

 

 

Reference no: EM13946610

Questions Cloud

Analyze the recent : U.S. > Analyze the recent (since Summer '14) decrease in the price of oil. How has supply and demand affected the price of oil today? Looking at the demand and supply determinants, what will most likely happen to the price by mid this year?
Actual cost per pound of material : How many pounds of direct material were purchased and used in production. What was the actual cost per pound of material
Determine the rate of heat transfer to the plate : Determine the rate of heat transfer to the plate, expressing your result in terms of Too, Ts, ro, a, b, and n.
Stuebe manufacturing produces and sells teddy bears : Stuebe Manufacturing produces and sells Teddy Bears for $6.50 each. A foreign retailer has offered to purchase 20,000 Teddy Bears for $4.00 per Teddy.
Sean need to produce to break even : How many packages of cookies does Sean need to produce to break even
Expressions for the friction coefficient : where the coefficients A through G are constants. Obtain expressions for the friction coefficient Cf and the convection coefficient h in terms of uoo, Too, and appropriate profile coefficients and fluid properties.
Case analysis - magic winery bus : Case analysis presentations should use the following format: Problem definition. A statement of the significant decision(s) the decision maker in the case must make and the major problem and the most significant issues faced by the firm and/or pers..
Steady-state temperature of the beverage : Its satu- rated vapor pressure for the prescribed conditions is approximately 5000 N/m2, and the diffusion coefficient of the vapor in air is 0.2 X 10-4  m2/s. What is the steady-state temperature of the beverage?
Interprets a situation determine its outcome : Question 1 Why does the way one interprets a situation determine its outcome? Describe an example of a personal challenge you face that could be interpreted differently.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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