What is the break-even point when variable cost per dollar

Assignment Help Managerial Accounting
Reference no: EM132986843

Problem 1: What is the break-even point when:

Anticipated sales is $1,100,000

Fixed costs per month are $350,000

Variable cost per dollar of sales is $.30.

Selling price per dollar of sales is $1.00.

Contribution margin per dollar of sales is $.70.

Reference no: EM132986843

Questions Cloud

Prepare a business report for irina : Prepare a business report for Irina. Discuss all relevant issues, including pros and cons of each course of action. Outline any questions/inquiries
Calculate the rate of return would you get from investment : In phase 2, assume the payment of income is changed to 74,000 per year forever. Calculate the rate of return would you get from the investment
Discuss the qualitative characteristics : Examine the views given above on financial reporting and explain whether it will satisfy the objective of financial reporting under the Conceptual Framework
Calculate the current price of the corporate bond : Preferred shares: 45 000 outstanding preferred shares with face value of $100, paying fixed dividend rate of 13%. Calculate current price of the corporate bond
What is the break-even point when variable cost per dollar : What is the break-even point when Variable cost per dollar of sales is $.30. Contribution margin per dollar of sales is $.70. Selling price per dollar of sales
What capital budgeting technique would use : If you were a financial manager at a company and you were evaluating projects for investment, what capital budgeting technique would you use?
Calculate the value to this bond : The bond is callable at RM2,150, but based on an experience before, -The required return on this bond is 10 percent. Calculate the value to this bond
Make journal entries to record each of the transactions : Prepare the journal entries to record each of the above transactions in the accounting records of Crane Traders assuming that the periodic inventory system
Radio frequency identification tags : Radio frequency identification tags (RFID) are inserted in people, clothing, and many objects humans use.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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