User Account

All Pages

What is Cullumber monthly breakeven point in units

Assignment Help Managerial Accounting
Reference no: EM133011554

Question - Linda Williams owns and operates Cullumber, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $60 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows:

Sales revenue $984,000

Variable expenses 541,200

Contribution margin 442,800

Fixed expenses 232,200

Operating income$ 210,600

Required -

A. What is Cullumber's contribution margin per unit?

B. What is Cullumber's monthly breakeven point in units?

C. What is Cullumber's contribution margin ratio?

D. What is Cullumber's monthly breakeven point in sales dollars?

Reference no: EM133011554

Questions Cloud

How derivative contract achieves risk management function : The primary purpose of a derivative product is the management of a risk exposure. Explain how a derivative contract achieves this risk management function
Evaluating the current training system : Your boss does not believe evaluating the current training system in your organization is important. He believes any evaluation is not valid, but admits he does
Problems of the traditional public administration model : New Public Management (NPM) is often described as a direct responseto the limitations/failures/problems of the Traditional Public Administration model (TPA). Ex
Define financial risk and identify five major financial risk : Heritage Bank is a medium size financial institution head-quartered in Toowoomba, Define financial risk and identify five major financial risk categories.
What is Cullumber monthly breakeven point in units : A typical month's results are as follows: Contribution margin 442,800. What is Cullumber's monthly breakeven point in units
What is the purpose of risk management : Risk management is important to the long-term survival of a corporation. What is the purpose of risk management? Define and explain the nature of risk.
Define credit risk : Using the standardised approach to credit risk, explain how a commercial bank will use this method to calculate its minimum capital requirement.
How much would it cost him to buy the annuity today : Now that your uncle has decided to retire, The going rate on such annuities is 5.15%. How much would it cost him to buy the annuity today
What amount should blossom report as cash balance at april : What amount should Blossom report as its cash balance at April 30? A $ 31,000 government treasury bill, due the next month, May 31.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What the minimum profit to give an aggregate of s

T is guaranteed a minimum share of P24,000 and remainder is divided 30:30:40. The minimum profit to give an aggregate of P20,000 to S is

  What was the option gamma

This morning, IBM was up $ .50 per share and the option is priced at $1.15 bid, $1.18 ask with a delta of .51. What was the option's gamma

  Understanding ethical behavior for managers

Purpose: Understanding Ethical behavior for managers and management accountants

  Demonstrate the variances for august

Demonstrate the variances for August. During the august, the company produced 5,000 Brain buster toys. Production data on the toy for August follow.

  Find and select two non-financial performance measures

Find and select two non-financial performance measures that could be used to support the competitive strategy of superior product or service quality.

  How much will he have to save each month in years

If he can earn an 11 percent EAR before he retires and an 8 percent EAR after he retires, how much will he have to save each month in years 21 through 30

  Why would be a more effective cost driver

Does square footage as a cost driver for housekeeping costs meet the characteristics of an effective cost driver? Why or why not?

  Compute the fermenting department equivalent units

Compute the Fermenting Department's equivalent units of production for direct materials and for conversion costs. Compute the total costs of units (gallons).

  Have any of you ever looked at your own finances

Have any of you ever looked at your own finances in this manner? Or looked at your utility bill over time and how it goes up and down from season to season

  What is the average cash balance

On each of this dates, it expects to receive P80 million. Cash expenditures are expected to be steady throughout. What is the average cash balance

  Explain the role of cost information

What would be the risks and the benefits associated with making this decision based on intuition? How would this be explained?

  Company''s cost accounting system divides overhead

A manager tells you that her company's cost accounting system divides overhead into two pools:

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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