User Account

All Pages

What is the break-even point in units for Baker Company

Assignment Help Managerial Accounting
Reference no: EM132837525

Problem - Holly Ltd. has the following costs for 1,000 units:

 

Total Cost

Cost per Unit

Direct materials

£1,500

£1.50

Direct labour

7,500

7.50

Depreciation on building

30,000

30.00

1. What is the total amount of direct materials for 100 units?

a. £1.50

b. £3.00

c. £150.00

d. £225.00

2. If production volume increases from 8,000 to 10,000 units, ___________

a. total costs will increase by 20 percent.

b. total costs will increase by 25 percent.

c. total variable costs will increase by 25 percent.

d. mixed and variable costs will increase by 25 percent.

3. An equipment lease that specifies payment of £1,000 per month plus £5 per machine hour used is an example of a _________.

a. fixed cost

b. variable cost

c. mixed cost

d. step cost

4. Baker Company sells its product for $60. In addition, it has a variable cost ratio of 40 percent and total fixed costs of £9,000. What is the break-even point in units for Baker Company?

a. 375 units

b. 3,600 units

c. 250 units

d. 2,400 units

Reference no: EM132837525

Questions Cloud

What is elasticity of demand for a commodity : Given that at a price of shs.1000 per bag, 20 bags of maize are demanded but when the price changes to shs.800 per bag, 22 bags are demanded.
Explain the characteristics and internal control features : On June 30, prior to replenishment, the fund contains these tickets plus $334.39. Explain the characteristics and internal control features of an imprest fund
Compare the differences between two canadian provinces : Compare the differences between two Canadian provinces as they pertain to employment standards. (Use the following categories as the basis for comparison
Main distinct features of monopolistic market : Q.1 What are the main distinct features of monopolistic market.
What is the break-even point in units for Baker Company : In addition, it has a variable cost ratio of 40 percent and total fixed costs of £9,000. What is the break-even point in units for Baker Company
Difference between globalisation and international trade : What is the difference between the globalisation and the international trade regarding the international organisations?
Explain current trend in today business world : Write a presentation to inform about how technology increases one's job productivity.
Formulate a linear programming model : Therefore, formulate a linear programming model for this problem and determine the best solution for the Mega Marketing.
What is the ROI for each year of the asset life : What is the ROI for each year of the asset's life if both the investment base and depreciation are determined by the current cost of the asset

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Calculate the amount of joint cost allocated to zyratec

If there are no additional processing costs, Calculate, for each production run, the amount of joint cost allocated to Zyratec on a relative sales value basis.

  What drives consumption of costs

What drives consumption of costs? What are drivers and how do they help in the allocation process?

  Calculate the payback period for the solar panels

Discuss whether the company should consider the project or reject the project. Calculate the payback period for the solar panels.

  Difference between variable costing and full costing

Discuss the difference between variable costing and full costing. Why would income computed under full costing exceed income computed

  Explain the role of capital investment analysis for company

Explain the role of capital investment analysis for these companies.At the individual product level-the development of a successful new product requires

  What was the value of nhl ending finished goods inventory

What was the value of NHL's Ending Finished Goods Inventory, assuming that the company sold half of its completed output during the year?

  How does having more equity affect a bank ability to grow

How does having more equity affect a bank's ability to grow? How is this growth affected by the riskiness of the bank's assets

  Find what is the net cash inflow from financing activities

Find What is the net cash inflow (outflow) from financing activities? Profit from ordinary activities before income tax expense, Income tax expense

  Prepare a brief memorandum for the president explaining how

Prepare a brief memorandum for the president explaining how his revised assumptions affect the cash budget.

  What are the pi and the irr

Pharma Unlimited is considering a vaccine for the Covid 19 new cat nip factory with the cash flows, if the discount rate is 7%, what are the PI and the IRR?

  Compute hudson co break-even point in sales dollars

Compute Hudson Co.'s break-even point in sales dollars. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019.

  How do make the general journal entry for march

Frederick Corporation, prepare the General Journal entry (without explanation) for March 31. If no entry is required then write "No Entry Required."

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd