What is the breakeven point for monthly sales of the houses

Assignment Help Accounting Basics
Reference no: EM132741730

Question - Write the monthly cost function c (x), revenue function r (x), and profit function p (x).

Answer IF

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

r (x) = 400,000x

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

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

Reference no: EM132741730

Questions Cloud

What the deferred tax amount reported in balance sheet is : What the deferred tax amount reported in the balance sheet is? In the first year of operations (2020), S.B. Company had pretax accounting income of $1,180,000
Prepare journal entry to recognize contribution embodied : Prepare the journal entry to recognize the contribution embodied in the trust agreement, assuming the trust was established is established on January 1, 2019
Comment on the ethics of both of the statements : In a Duke University survey of 400 corporate financial executives, two out of five said they would use legal ways to book revenues early if that would help.
Procurement documents-including contract information : Procurement documents-including contract information for key stakeholders and suppliers, and supplier lists.
What is the breakeven point for monthly sales of the houses : Write the monthly cost function c (x), revenue function r (x), and profit function p (x). What is the breakeven point for monthly sales of the houses
Liabilities and recommendations for mitigation and response : Prepare a memorandum outlining your understanding of the company's liabilities and recommendations for mitigation and response.
What was the original issue price : What was the original issue price? Bedford Mattress Company issued preferred stock many years ago. It carries a fixed dividend of $8 per share.
What is the average number of patients at the Clinic : An outpatient clinic reported receiving on average 18 patient visits per hour. What is the average number of patients at the Clinic
What is the tax savings for years : What is the tax savings for YEARS 0, 1 , 2, 3? The PV of the cash outflows for leasing is $27,890. A firm could buy the asset for $30,000 by borrowing

Reviews

Write a Review

Accounting Basics Questions & Answers

  Management team met their bonus goals this month something

how would the following be journalized?management team met their bonus goals this month something they havent done

  Prepare the Profit and Loss and the Capital accounts

Startup Autos provided the following post-adjustment Trial Balance as at 30 June 2017: Prepare the Profit and Loss and the Capital accounts

  The land is subject to a mortgage.

Jocelyn contributes land with a basis of $60,500 and fair market value of $90,750 and inventory with a basis of $22,600 and fair market value of $33,900 in exchange for 100% of Zion Corporation stock.

  Columbia enterprises is studying the replacement of some

columbia enterprises is studying the replacement of some equipment that originally cost 74000. the equipment is

  What amount should be carried in the statement

ABC Company acquired a building on January 1, 2016 for P9M. What amount should be carried in the statement of financial position and recognized in profit

  Compute depreciation expense using the straight-line method

Compute 2014 depreciation expense using the straight-line method assuming the machinery was purchased on September 1, 2014

  Does aliza recognize a gain on the sale

Does Aliza recognize a gain on the sale, and if so what is the amount? Assume instea that Aliza purchases a house for $500,000.

  Statement of comprehensive income

As accountant for the club, outline the arguments for producing a receipts and payments account, compared with the arguments for preparing an statement of comprehensive income, to report the activities of the club for the past year.

  Viking voyager specializes in the design and production of

viking voyager specializes in the design and production of replica viking boats. on january 1 2012 the company issues

  Health care costs a businessweek article titled hsas could

health care costs a businessweek article titled hsas could keep you in the pink by christopher farrell describes the

  What amount should sheridan report as cost of goods sold

The balance in the LIFO Reserve account at the end of 2020 was $327000. What amount should Sheridan report as Cost of Goods Sold

  What is the value of the project to Zebra

Zebra Fashions is evaluating a capital budgeting project that should generate $104,400 per year for four years. What is the value of the project to Zebra

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