The break-even point in dollars

Assignment Help Financial Accounting
Reference no: EM131206404

The following data pertain to last month's operations: Selling price $ 30 per unit Variable production cost $ 15 per unit Fixed production cost $79,000 Variable selling & admin. expenses $ 3 per unit Fixed selling & admin. expenses $39,000 The break-even point in dollars is: (Do not round intermediate calculations.)

Reference no: EM131206404

Questions Cloud

An adjusting entry often includes an entry to cash : An adjusting entry often includes an entry to Cash. An annual reporting period consisting of any twelve consecutive months is known as: Two common subgroups for liabilities on a classified balance sheet are: Adjusting entries are made after the prepa..
Stock is classified as available-for-sale securities : On February 15, Jewel Company buys 6,500 shares of Marcelo Corp. common at $28.68 per share plus a brokerage fee of $470. The stock is classified as available-for-sale securities. On March 15, Marcelo Corp. declares a dividend of $1.20 per share paya..
Partnership liquidation : In a partnership liquidation, the final cash distribution to the partners should be made in accordance with the:
Assuming the securities are classified as trading : The following information is available for ABC Corporation at 12/31/14 regarding its investments in stocks of other companies. Prepare the adjusting entry (if any) for 2014, assuming the securities are classified as trading.
The break-even point in dollars : The following data pertain to last month's operations: Selling price $ 30 per unit Variable production cost $ 15 per unit Fixed production cost $79,000 Variable selling & admin. expenses $ 3 per unit Fixed selling & admin. expenses $39,000 The break-..
Partnership agreements : Some partnership agreements contain a provision for interest on invested capital in distributing income to the individual partners. List the additional provisions that should be included in the partnership agreement so the interest amounts can be com..
Calculate net cash provided or used by operating activities : A company's income statement showed the following: net income, $124,000; depreciation expense, $35,000; and gain on sale of plant assets, $9,000. An examination of the company's current assets and current liabilities showed the following changes as a..
What is the variable cost per unit sold : Martinez company's relevant range of production is 8,900 units to 13,900 units when it produces and sells 11,400 units its unit cost are as follows: direct material 6.70 Direct labor 4.20 variable manufacturing overhead 1.40 fix manufacturing overhea..
The company contribution margin ratio is closest to : A manufacturer of cedar shingles has supplied the following data: The company's contribution margin ratio is closest to:

Reviews

Write a Review

Financial Accounting Questions & Answers

  Significance of emotional contagion and emotional labor

Identify and provide examples for the four key components of emotional intelligence (please make sure the concepts are in your own words), and discuss the practical significance of emotional contagion and emotional labor. Please provide examples to s..

  Raw materials consist solely

Work in process inventory on May 30 contains $2,750 of direct labor cost. Raw materials consist solely of items that are classified as direct materials.

  Calculation of companys average variable cost and its

calculation of companys average variable cost and its average cost curve.indicate the effect that each of the following

  Adjusted gross income-taxable income and tax liability

Randy and Sharon are married and have two dependent children. Their 2015 tax and other related information is as follows: Compute Randy and Sharon's adjusted gross income, taxable income and tax liability.

  Journal entry to record sales and cost of saleson 315

journal entry to record sales and cost of sales.on 315 janets spa purchased 90 plush robes from randys spa supplies.

  Valuation of plant asset land and intangible

valuation of plant asset land and intangible assets.questions 1 and 2 are based on the following informationpoin

  Finding capacity ratio liquidy ratio for forgetful

finding capacity ratio liquidy ratio for forgetful insurancebackground this project provides a set of annual statements

  Identify control environment factors that affect the company

A complete physical inventory of the company's office furniture has recently been taken. Identify control environment factors that affect the company's internal control

  What amount is reportable as interest income

Elsie, Elmer's wife, did not own any of the Virginiana Mutual Fund shares, but she did receive $175 in interest on a savings account at the Moss National Bank and $1,475 in interest on California Municipal Bonds. Elmer and Elsie filed a joint inco..

  Prepare brief memorandum that responds

You are the financial officer for Music Plus, a retailer that sells goods for home entertainment needs. The business owner, Vic Velakturi, recently reviewed the annual financial statements you prepared and sent you an e-mail stating that he thinks yo..

  You are meeting with accounting department personnel to

you are meeting with accounting department personnel to make sure they understand the importance of corporate social

  Preparation of a complete master budget

Preparation of a complete master budget-  Prepare a master budget for each of the first three months of 2016;

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