What are the variable expenses per unit

Assignment Help Accounting Basics
Reference no: EM132540655

Question - Lyndon Company is the exclusive distributor of an automotive product that sells for $40 per unit and has a contribution margin ration of 30%. The company's fixed expenses are $180,000 per year.

Required -

A. What are the variable expenses per unit?

B. What is the Break-even point in units and dollar amount?

Reference no: EM132540655

Questions Cloud

What type of punishments did the black codes permit : What type of punishments did the Black Codes permit? Was there any distinction between whites and blacks (if so, why was there a difference in punishment?)
Administrative tasks : E-commerce Web sites can be some of the most difficult and time-consuming sites to manage and administer.
Determine the npv for a project : You are trying to determine the NPV for a project. If you have cashflows that are as follows, what would be the NPV.
How many units did the company produce during the year : If fixed production cost is P5 per unit under absorption costing every year, then how many units did the company produce during the year?
What are the variable expenses per unit : Lyndon Company is the exclusive distributor of an automotive product that sells for $40 per unit. What are the variable expenses per unit
Describe fully both the direct write-off method : Describe fully both the direct write-off method and the allowance method of recognizing bad debt expense
Topic of emerging enterprise network applications : Research at least two articles on the topic of emerging enterprise network applications.
Show macy gross margin trend : Show Macy's Gross Margin Trend between 2014 and 2015 and interpret the meaning of the trend figure obtained (i.e., Increased? Decreased?)
What is the total amount of itemized deductions : What is the total amount of itemized deductions on her current year tax return, and what are the undetectable expenses? Justify all your answers

Reviews

Write a Review

Accounting Basics Questions & Answers

  What lessons can we learn from starbucks

What lessons can we learn from Starbucks? Who benefits and who suffers as a result of Starbucks' actions

  Lori who is single purchased five-year class property for

lori who is single purchased five-year class property for 100000 and seven-year class property for 200000 on may 20

  Prepare general journal entries that portsmith would record

Required: Prepare the General Journal entries that Portsmith would record on November 1, December 31, and January 30

  What sections of the IMC USA Code of Ethics are relevant

Ethics Exercise - What sections of the IMC USA Code of Ethics are relevant. What do you recommend be done to resolve this issue? To have prevented it

  Prepare a corrected trial balance on the trial balance

A $360 collection of an account receivable was recorded as $630. Prepare a corrected trial balance on the Trial Balance form in document sharing

  Compute the variable overhead variance

The flexible budget had $255,180 variable overhead based on 42,530 direct labor-hours; Compute the variable overhead variance

  Goddard company has used the fifo method of inventory

goddard company has used the fifo method of inventory valuation since it began operations in 2010. goddard decided to

  What percent of variation in apartment units leased

Use a simple regression analysis to develop a model to forecast the number of apartment units leased, based on university enrollment.

  Compute and label cogs and ending inventory for fifo

Compute and label COGS and Ending Inventory for FIFO, LIFO and average cost.

  Finding the wildlife financial leverage percentage

Wildlife Co. reported net income of $12.30 million, interest expense of $0.66 million and is are in a 30% tax rate bracket.

  Needs 15 million of new long-term financing the firm is

cto sell this new issue the stock would have to be underpriced by 1 and sold for 15 per share. the firm currently has

  Problem on cvp analysis

SND, Inc., had the following result for last year:

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