What is the break-even point in sales dollars

Assignment Help Accounting Basics
Reference no: EM132761654

Question: 1. Baker Company's sales mix is 3 units of A, 2 units of B, and I unit of C. Selling prices for each product are $10, $20, and $30, respectively. Variable costs per unit are $6, $12, and $18, respectively. Fixed costs are $160,000. What is the break-even point in composite(group) units?

2. Renee Corporation wants to know what income before taxes will be if sales are increased to $325,000. Management anticipates ?xed costs of $72,500, and variable costs are 50% of sales. What will income before taxes be if sales equal $325,000?

3. A product is expected to be sold at $100 per unit, the variable costs per unit are expected to be $65, and ?xed costs for the period are expected to be $320,000. What is the break-even point in sales dollars?

Reference no: EM132761654

Questions Cloud

How the problem is likely to be reflected in the reports : As a result of the coronavirus crisis, banks worldwide are bracing for substantial bad debt build ups over the coming months and also in 2021.
What is heavy rain cost of retained earnings : The common stock is currently selling for $89.92 per share. What is Heavy Rain's cost of retained earnings using the Gordon Model (DDM) approach?
Prepare the journal entry to record income taxes for year : At the beginning of 2020, Jasper Company had a deferred tax asset of $7,000 related to the warranty liability on its balance sheet. At the end of 2020.
Find what is the maximum dollar amount shirt company : The current machine is expected to last for four years. What is the maximum dollar amount Shirt Company would be willing to spend for the machine
What is the break-even point in sales dollars : Baker Company's sales mix is 3 units of A, 2 units of B, and I unit of C. Selling prices for each product are $10, $20, and $30, respectively.
Calculate the purchase price using any of the three methods : Sheridan Inc. decided to purchase equipment, Prepare the journal entry at the date of purchase. Calculate the purchase price using any of the three methods.
How lead affects the human health : Describe in detail what happens. Please provide me with some peer-reviewed articles for your justification.
How long will it take xander to pay off his loan : Xander is 28 vears old and is looking at selling his car and buy an electric motorbike. The electric motorbike costs 10,411 and he thinks he can sell the car.
Organic lead enter the body causing intoxication : What forms of inorganic and organic lead enter the body causing intoxication?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Give all journal entries for the sale

Fair value of the bonds on Dec. 31, 2019 was 198,800. 50% of the bonds were sold on June 1, 2020 at 98. Give all journal entries for the sale.

  Discuss about the internal revenue code

Is the Internal Revenue Code responsible for the backdating problem? Did Code Sec. 162(m), which restricts the deductibility of nonperformance-based executive.

  Analyze the effectiveness of the ads

Identify and describe the advertisement you selected. Explain why the advertisement caught your attention. (Be sure to provide an appropriate reference)

  What is the purpose of accounting

What is the purpose of accounting? Who are the users of accounting information? What about the purpose and composition of the balance sheet.

  Determine the correct inventory amount to be reported

Goods shipped to Kwok f.o.b. destination on December 20, 2021, were received on January 4, 2022. Determine the correct inventory amount to be reported

  What is the wholesaler selling price to the nearest cent

Assuming a retail markup of 33% and a wholesale margin of 25%, a) what is the wholesaler's selling price to the nearest cent

  Write down the intermediate demand for each type of product

National exporters (NE) Ltd manufactures Agricultural, Industrial and mineral products. Write down the intermediate demand for each type of product

  Prepare journal entries for preceding numbered transactions

The company suffered a net loss of $224,000 for the year of 2011 - Prepare journal entries for the preceding numbered transactions

  What should be the reported value of Sullivans inventory

Sullivan Corporation has determined its year-end inventory on a FIFO basis to be $512,000. What should be the reported value of Sullivans inventory

  Compute the effective interest rate on this bond

The effective interest rate on this bond is imputed as the internal rate of return, Compute the effective interest rate on this bond

  What is the operating income

Calculate the following using only cell references on the sheet called analysis: What is the operating income for 2015

  What is the formula for variable efficiency variance

What is the formula for Variable efficiency variance? What is the variable efficiency variance for the above problem? What is the total variance for the problem

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