What is the break-even point in composite units

Assignment Help Managerial Accounting
Reference no: EM132541184

Question 1: Jilly Company's sales mix is 3 units of A, 2 units of B, and 1 unit of C. Selling prices for each product are $20, $30, and $40, respectively. Variable costs per unit are $12, $18, and $24, respectively. Fixed costs are $320,000. What is the break-even point in composite units?

Option 1: 1,111

Option 2: 1,600

Option 3: 2,666

Option 4: 5,000

Reference no: EM132541184

Questions Cloud

Define the value chain : Define The value chain. refers to all the activities associated with providing a product with the exception of research and development.
Presentation on NMC Health : Presentation on NMC Health - Companies globally can benefit from this system, and those that have seen it in practice can attest that it is actually working
What are the equivalent units of production for materials : The Wrapping Department's output during the period consists, Under the FIFO method, what are the equivalent units of production for materials?
Which product should coronado emphasize to customers : Contribution margin and the deluxe has a 23.4 percent contribution margin. If other factors are equal, which product should Coronado emphasize to its customers?
What is the break-even point in composite units : Variable costs per unit are $12, $18, and $24, respectively. Fixed costs are $320,000. What is the break-even point in composite units?
Why is frictional unemployment inevitable : Why is frictional unemployment inevitable? How might the government reduce the amount of frictional unemployment? Are minimum-wage laws a better explanation.
How much overhead is assigned to product one each year : Using ABC, how much overhead is assigned to Product One each year? Swifty Co. incurs $533000 of overhead costs each year in its three main departments
Explain the effects of unexpected increase in inflation rate : Draw a hypothetical demand and supply curve for S&P 500 stocks and briefly explain the effects of unexpected increase in inflation rate caused by a sudden rise.
Create income statement and balance sheet at december : Set up T-accounts, including beginning balances, Prepare its income statement for 2014, and its balance sheet at December 31, 2014.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Laffer lumber produces bagged bark for use in landscaping

Laffer Lumber produces bagged bark for use in landscaping.

  Assuming the decline in value is immaterial,

Prepare any necessary journal entries, assuming the decline in value is immaterial, using the

  What is the amount of over or under-applied overhead

What is the amount of over or under-applied overhead for each of the two production departments and for JYE as a whole? Be sure to label all results as either over or under-applied.

  Calculate the contribution margin for both divisions

ACC202 MANAGEMENT ACCOUNTING Explain why transfer prices based on total actual costs are not appropriate as the basis for divisional performance measurement and Using the market price as the transfer price, calculate the contribution margin for bo..

  Compute the contribution margin per unit sold

Macy Corporation's relevant range of activity is 6,300 units to 13,500 units. If the selling price is $29.00 per unit, compute contribution margin per unit sold

  The company produces a single product

Under wald Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product.

  Four functions of management

Define the four functions of management (planning, organizing, leading, and controlling). Be sure to cite at least two sources.

  Find cost per equivalent unit for materials for the month

Domingo Corporation uses the weighted-average method, The cost per equivalent unit for materials for the month in the first processing department is closest to?

  Calculate additional expenditure that company can afford

What must the contribution margin ratio be if Seagull Limited wants to increase its operating profit by 10.40 000 in 2013 and calculate the additional expenditure that the company can afford on advertising.

  Calculate amount to be recorded as depreciation expense

Using the straight-line method of depreciation, calculate the amount to be recorded as depreciation expense at December 31, 2019.

  Determining cost accumulation

Describe the specific characteristics of each system and provide several examples (i.e. at least two) from companies in your community for each system (i.e. at least four companies should be described).

  Identify activity in doctors office that fall into move time

Identify the activities in the doctor's office that fall into process time, inspection time, move time, wait time, and storage time.

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