What is the break-even point in terms of the number of units

Assignment Help Financial Accounting
Reference no: EM132978173

Question - A firm manufactures hard disk drives and sells them for $118 each. Each drive requires raw materials costing $23. The number of units sold and total wages bill (including full-time and casual staff) for each of the last 3 months are as follows. Which of the following is the best estimate of the fixed component of this semi-fixed wages cost?

July Sales 28 Wage 1621

Aug Sales 30 Wage 1699

Sep Sales 38 Wage 2021

A firm manufactures hard disk drives and sells them for $118 each. Each drive requires raw materials costing $23. The number of units sold and total wages bill (including full-time and casual staff) for each of the last 3 months are as follows. Which of the following is the best estimate of the variable component of this semi-fixed wages cost?

July Sales 28 Wage 1621

Aug Sales 30 Wage 1699

Sep Sales 38 Wage 2021

A firm manufactures hard disk drives and sells them for $118 each. Each drive requires raw materials costing $23. The number of units sold and total wages bill (including full-time and casual staff) for each of the last 3 months are as follows. What is the break-even point in terms of the number of units per month?

July Sales 28 Wage 1621

Aug Sales 30 Wage 1699

Sep Sales 38 Wage 2021

Reference no: EM132978173

Questions Cloud

What will be the real effect on profit : The $63 of fixed overhead is allocated as $1.22 per direct labor dollar. What will be the real effect on profit if the order is accepted
Describe how community health nurse assist in spiritual care : Explain what spiritual considerations surrounding disaster can arise for individuals, communities, and health care providers? Explain your answer in the context
What is your average annual rate of return on investment : Today, your investment account is worth $47,341.19. What is your average annual rate of return on your investments
What values ensure a culture of safety : What values ensure a culture of safety? How can healthcare facilities establish a culture of safety? What is the nurse's role in maintaining a culture of safety
What is the break-even point in terms of the number of units : A firm manufactures hard disk drives and sells them for $118 each. What is the break-even point in terms of the number of units per month
Explain more ways nurses can become involved in setting : Explain one or more ways nurses can become involved in setting and auditing patient care standards or participating in other quality control
Should countries resolve problems with healthcare systems : Should countries resolve the problems with their healthcare systems by focusing inwardly, or should they look outward to share resources with other countries?
What is the treatment of any gain : What is the treatment of any gain on a subsequent increase in the fair value less cost of disposal of a noncurrent asset classified as held for sale
Why are patients with streptococcus throat present : Why are patients with Streptococcus throat present with specific symptoms such as sore throat, reddened posterior pharynx with white exudate on tonsils

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is breakeven point in sales dollars for sports maniac

How many units would need to be sold to earn an operating income of $100,800? The Sports Maniac Sporting Goods Store sells a baseball and baseball glove set.

  Calculate the transaction price to be allocated

Calculate the transaction price to be allocated to the performance obligations of AllFuels Limited and prepare the journal entry to record the March 2020 sales.

  What is the company current expected stock price

If the current risk-free rate is 3% and the required rate of return on the market portfolio is 12%, what is the company's current expected stock price?

  What is the average cost per unit produced

Lemon Company spends $3.98 in variable costs for each product produced. Fixed manufacturing overhead costs are $104171 a year. This year, they produced 10,000 units. What is the average cost per unit produced?

  What is McDurham degree of operating leverage

Fixed operating costs are $95 million, and the variable cost ratio is 45 percent. What is McDurham degree of operating leverage

  Prepare an income statement for the accounting period

Prepare a period-end balance sheet for the 2018 accounting period. Prepare a statement of cash flows for the 2018 accounting period.

  How much aryan needs to pay for the monthly installment

Calculate how much Aryan needs to pay for the monthly installment. Aryan is a fresh graduate who has just started working for two months

  Treated as expenses

Include cleaning, lubricating, and normal adjusting-Are treated as expenses

  How much impairment loss should the bank recognize

The present value of an ordinary annuity of 1 at 12% for 3 years is 2.40183. How much impairment loss should the bank recognize on December 31, 2020

  Compute rockland diluted earnings per share

Which are convertible into 15,000 shares of common. Rocklands tax rate is 30 percent. Compute Rocklands 2017 diluted earnings per share

  What decision should be made regarding the project

What decision should be made regarding the project? Please note, the numbers below represent a decision. choose an option using these coded numbers.

  What is the price today for a delicious mills bond

What is the price today for a Delicious Mills bond? 4 years ago, Delicious Mills, Inc. issued 30-year to maturity bonds that had a 7.93

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