What is the break-even point in units and in dollars

Assignment Help Managerial Accounting
Reference no: EM133349507

Question: Eyes Co is thinking of making a specialty eyewear for kids. The initial research has determined that the eyewear could sell for $175. Fixed manufacturing overhead is $136,750 per month. Fixed selling costs are $25,200 per month. Variable costs to manufacture are estimated as direct materials are $17.50, direct labor is $5.16, manufacturing overhead is 1.21. Variable selling cost is estimated at 3.5% of sales. What is the break-even point in units and in dollars?

Reference no: EM133349507

Questions Cloud

What is the organism : Given the information above what is the organism? What is a Kirby-Bauer test and what do the above results mean?
Compare and contrast these two strategic approaches : compare and contrast these two strategic approaches: Unilever focuses on internal developments (DIYs) and acquisitions to drive its sustainability
Determine the inventory level at the time of reordering : Apple has an inventory item with an average daily demand of 10 units, and a maximum daily demand of 12 units. The economic order quantity is 200 units.
Describe unilever sustainability strategy : describe Unilever sustainability strategy. Describe the social, environmental, and economic impact of this strategy.
What is the break-even point in units and in dollars : Variable costs to manufacture are estimated as direct materials are $17.50, direct labor is $5.16, manufacturing overhead is 1.21. Variable selling cost
Apply a range of techniques that help identify : Critically evaluate the effectiveness of standards in Risk Management and Apply a range of techniques that help identify and evaluate risk
Explain the significance of labeling : Compare and contrast convenience products, shopping products, and specialty products - Explain how a business analysis is carried out
Calculate total costs and contribution margin per unit : Calculate: Total costs Contribution margin per unit Break Even Point in units Number of units to produce the desired profit Margin of safety
Briefly explain why you chose the product : Briefly explain why you chose the product(s) you chose to "knock off." (Is it an emerging trend?) Do you feel you have satisfied your target customer

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Find what predetermined overhead rate based on direct labor

Find What is the predetermined overhead rate based on direct labor cost? Materials requisitioned: Job 114, P16,500; Job 115, P12,200 and Job 116, P5,000

  Calculating the costs per equivalent unit of production

Calculating the costs per equivalent unit of production. (Round your answer to 2 decimal places.) Showing the cost reconciliation.

  Report to managing director to evaluate the processes

HA2042 - Accounting Information Systems - Holmes Institute - Prepare a report to the Managing Director to evaluate the processes, risks and internal controls

  What are the company expected cash disbursements

Assuming Good Morning Sunshine takes full advantage of purchase discounts? offered, what are the? company's expected cash disbursements in May to its? supplier

  What categories of cost would consider from the value chain

If you were thinking, What categories of cost would you consider (from the value chain) when making the decision about whether to go ahead?.

  What other nonfinancial and qualitative factor should co-vid

What other nonfinancial and qualitative factors should CO-VID consider before deciding on whether it should implement a JIT system?

  Which is the most profitable for ABC Company

Direct materials and direct labor are available in sufficient quantities, but machine capacity is limited to 3,000 hours. Which is the most profitable for ABC

  How much will have saved for a down? payment

If she saves $1,200 per year in an account that pays? 8% annual interest for the next 3? years, how much will she have saved for a down? payment?

  Tinco has product liability problems and has filed

TinCo has product liability problems and has filed for bankruptcy protection in the state court. Currently, its liabilities are $1 million, and its depreciable assets are valued at $550,000 (basis of $400,000).

  Assume that the company uses absorption costing

Assume that the company uses absorption costing:a. Compute the unit product cost. b. Prepare an income statement for the year.

  What the cash payback period on the equipment

A company is considering purchasing factory equipment that costs $576000. What the cash payback period on the equipment

  Make jose dec journal entry

Assuming he uses the machine for 300 hours in the first year, make Jose's Dec 31, 2022 journal entry with the straight-line depreciation method

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