What is harvey breakeven sales level

Assignment Help Managerial Accounting
Reference no: EM132523876

Question 1: Harvey runs a food truck that sells gyros in a local industrial park. In September his sales were $15,000 and his total operating costs including food and marketing expenses were $16,600. In October sales increased to $17,000 and his costs increased to $18,100. Assuming the cost behavior in these 2 months is representative of what he can expect in the future, what is Harvey's breakeven sales level?

Reference no: EM132523876

Questions Cloud

Examine the features of the australian legal system : Critically examine the main features of the Australian legal system and Critically discuss and apply contract and tort law in business circumstances
Personal jurisdiction and subject matter jurisdiction : Explain what personal jurisdiction and subject matter jurisdiction mean and how these terms are relevant to one who does business in different states.
Distinction between civil commitment and criminal commitment : Explain the distinction between civil commitment and criminal commitment. Next, support or criticize the premise that civil commitment was the proper course.
Determining the consultant by aerospace exploration : You have been hired as a consultant by Aerospace Exploration, Inc. (AEI). AEI is publically traded company and a leader in space travel.
What is harvey breakeven sales level : Assuming the cost behavior in these 2 months is representative of what he can expect in the future, what is Harvey's breakeven sales level?
Law and various ethical framework : Law and various ethical frameworks and applied them to both real companies and hypothetical situations.
Describe all of the steps to resolve your issue : Think of any issue you would like to resolve. Utilizing the leading by objectives (LBO) process, lead your imaginary team through all of the steps to resolve.
Compute each of the total variable cost per unit : Compute each of the Total variable cost per unit, total fixed cost per unit, and total cost per unit for the new product. Target selling price
Resources regarding the liebeck v. mcdonald case : Review the resources regarding the Liebeck v. McDonald's case. Think about what you learned about torts in this unit

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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