What is benny breakeven point in books

Assignment Help Accounting Basics
Reference no: EM132107587

Question - Benny Books sells first edition books. Benny purchases the books from his supplier for $100 a book and sells them through his website for $225 a book. Benny's fixed costs are $87,000. What is Benny's breakeven point in books?

a. 387

b. 870

c. 268

d. 696

Reference no: EM132107587

Questions Cloud

What is jenny contribution margin per haircut : The average price for a haircut is $12. Jenny pays herself $5,000 per month. What is Jenny's contribution margin per haircut
Why toms perception of effectiveness varies so greatly : Propose how you think Tom might react if his manager told him to stop conducting cold calls as a form of generating sales.
How many units must she sell to reach her goal : If her selling price is $20, variable cost is $8 and fixed costs total $40,000, how many units must she sell to reach her goal
What is the breakeven point : Assume a sales price per unit of $20, variable cost per unit $16, and total fixed costs of $168,000. What is the breakeven point
What is benny breakeven point in books : Benny Books sells first edition books. Benny purchases the books from his supplier for $100 a book, What is Benny's breakeven point in books
Summarize the salient points of the article : Lastly, in your opinion do the current healthcare organizations that you are familiar with in Saudi Arabia encourage innovation? Why or why not?
Describe forecasting and managing future trends : Describe forecasting and managing future trends, development, and change with a focus on emerging markets in Developing countries
How many units must she sell to reach her goal : If her selling price is $20, variable cost is $8 and fixed costs total $40,000, how many units must she sell to reach her goal
Determine the firms profit-maximizing level of output : Determine the firms profit-maximizing level of output. Compute its profit - Find the market's price, total output, number of firms, and output per firm

Reviews

Write a Review

Accounting Basics Questions & Answers

  The accrual basis am partnership

The accrual basis AM partnership

  Compute operating margins for each division

Allocate the indirect headquarters costs of Reidland Manufacturing to each of the four divisions using revenues, direct costs, segment margin.

  How much debt was outstanding

Stewart Inc's latest EPS was $3.50, its book value per share was $22.75, it had 212,500 shares outstanding, and its debt ratio was 46%. How much debt was outstanding?

  Components of coso internal control framework

In two to three paragraphs, describe the Sarbanes-Oxley Act and why it is important to the accounting profession. Name and briefly describe the five components of COSO's internal control framework.

  How much is the net income under variable costing

Assume that there was no beginning inventory. How much is the net income under variable costing

  The following data relate to labor cost for production

The following data relate to labor cost for production of 20,000 cellular telephones:

  Complete the flexible budgets for sales volumes

Complete the flexible budgets for sales volumes of 10,000, 12,000, and 14,000 units.

  Payroll entries-oates company

Oates Company's payroll for the week ending January 15 amounted to $50,000 for Office Salaries and $100,000 for Store Wages. None of the employees has reached the earnings limits specified for federal or state employer payroll taxes. The following..

  Describe how the resources raised by a not for profit

Describe how the resources raised by a not for profit hospital fund raising foundation are reported in the hospital financial statements.

  Complete a financial summary on excel spreadsheet

Before you begin, take this tutorial on financial statements. Complete a financial summary on Excel Spreadsheet financial reports.

  Calculate the in-house unit cost

Calculate the in-house unit cost that must be compared with the quotation received from the outside contractor. Assume the payment to the outside contractor.

  Nashler company has following budgeted variable costs per

nashler company has the following budgeted variable costs per unit produceddirect materials 7.20direct labor

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