What is the breakeven point for monthly sales of the houses

Assignment Help Accounting Basics
Reference no: EM132704364

Write the monthly cost function c r xp

(x), revenue function (), and profit function ().

() = variable cost + fixed cost = 220,000 + 900,000

(x) = 400,000

Problem 1: What is the breakeven point for monthly sales of the houses?

Problem 2: What is the monthly profit if 12 houses are built and sold per month?

Reference no: EM132704364

Questions Cloud

What is Jim taxable gain on the sale : He has lived in the home continuously since he purchased it. In 2018, he sells his home for $300,000. What is Jim's taxable gain on the sale
What is the taxable gain on the sale of his residence : Oscar's basis in the residence is $45,000, and his selling expenses are $11,000. If Oscar does not buy a new residence, what is the taxable gain on the sale
What is a disadvantage of using gamma radiation : What is a disadvantage of using gamma radiation to kill bacteria in foods?
What is Harold tax : For 2018, single taxpayers pay 0 percent on long-term gains up to $38,600. Assuming a tax of $3,413 on the $30,000 of ordinary income, what is Harold's tax
What is the breakeven point for monthly sales of the houses : What is the monthly profit if 12 houses are built and sold per month? What is the breakeven point for monthly sales of the houses?
What will be their total tax liability : Ben and Betty (married, filing jointly) have a long-term capital gain of $54,000 on the sale of stock. What will be their total tax liability
What the amount of borrowing costs to be capitalized : Sneezy Company constructs a new head office building, What The amount of borrowing costs to be capitalized in relation to the building construction for 2016 is?
Compute the portion of the interest expense : On January 1, 2017 Palmar Corporation borrowed $500,000. Compute portion of the interest expense that should be capitalized based on the information provided.
What is the gain or loss realized on the sale : Bob sells a stock investment for $35,000 cash, and the purchaser assumes Bob's $32,500 debt on the investment. What is the gain or loss realized on the sale

Reviews

Write a Review

Accounting Basics Questions & Answers

  What amount should be recorded as the cost of the land

Previn Brothers Inc. purchased land at a price of $35,980. Closing costs were $1,980. An old building was removed at a cost of $13,820.

  Barry dan and edith together form a new corporation barry

1.regulations are a. equal in authority to legislation if statutory b. equal in authority to legislation c. presumed

  Compute recognized gains or losses on each property

Compute recognized gains or losses on each property and indicate any recaptured or unrecaptured depreciation

  Calculate a predetermined overhead rate

Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units

  Presented below are long term liability items

Presented below are long-term liability items for Molini Company at December 31, 2010. Prepare the long-term liabilities section of the balance sheet for Molini Company.Bonds payable, due 2012 ... $500,000Lease liability ....... 70,000Notes payable, ..

  What is the yield today for 2-year treasury securities

One-year Treasury securities yield 5%. The market anticipates that 1 year from now, 1-year Treasury securities will yield 6%. If the pure expectations theory is correct, what is the yield today for 2-year Treasury securities?

  What portion of the debt can be excluded

What portion of the debt can be excluded from classification as a current liability (that is, reported as a noncurrent liability)? Explain

  How technology impacts materials handling

Create a 1,050- to 1,400-word field research report assessing how technology impacts materials handling and packaging discussions.

  Draw a graph of the total monthly cost of the three plans

Draw a graph of the total monthly cost of the three plans for different levels of texting

  What are debits and credits how are debits and credits

what are debits and credits? how are debits and credits employed to record business transactions? why do accountants

  In which nation is the move to adoption of iasb standards

in which nation is the move to adoption of iasb standards likely to casue the revisions in the reported financial

  Compute the annual depreciation expense

Each team member is to become an expert on one depreciation method to facilitate teammates' understanding of that method. Follow these procedures.

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