What is the breakeven point in number of car seats

Assignment Help Cost Accounting
Reference no: EM132548414

Julia Child Company sells baby car seats to retailers for an average of $85 each. The variable cost of each car seat is $48 and monthly fixed selling costs total $6,000. Other monthly fixed costs of the company total $7,000.

Required:

Question 1. What is the breakeven point in number of car seats?

Question 2. What is the margin of safety, assuming sales total $32,000?

Question 3. What is the breakeven level in car seats, assuming variable costs increase by 20%?

Question 4. What is the breakeven level in car seats, assuming the selling price goes up by 10%, fixed selling costs decline by 10%, and other fixed costs decline by $1,000?

Reference no: EM132548414

Questions Cloud

What are the key requirements for licensure : What is the mission of the department/agency? What are the powers and duties of the department/agency? What are the key requirements for licensure?
Create a subtle misrepresentation of the data : There are many ways to misrepresent data through visualizations of data. There are a variety of websites that exist solely to put these types of graphics.
Which method of costing will you adopt and why : Contract costing- Cost plus Contract and Fixed Price Contract. In today's market condition which method of costing will you adopt and why?
Do you see the standard tcp-ip handshake : On your personal computer, download, install, and run Wireshark. Wireshark is a network protocol analyzer that let's you capture and view network traffic.
What is the breakeven point in number of car seats : What is the breakeven level in car seats, assuming the selling price goes up by 10%, fixed selling costs decline by 10%, and other fixed costs decline
Public health law and policy : Select one state and one federal law related to social distancing. Describe the underlying collective social values and public policy justifications for the law
Show profit using absorption costing and marginal costing : Show the profit using absorption costing and marginal costing.Variable production costs 9.60, Total production costs 15.00,Total variable cost 11.80
Further reforms of laws mentioned : In-depth research indicates there is a need for further reforms of the laws mentioned above so that it will be possible to achieve even better results.
Describe current key trends in data warehousing : "Data Warehouse Architecture" (2-3 pages): Explain the major components of a data warehouse architecture, including the various forms of data transformations.

Reviews

Write a Review

Cost Accounting Questions & Answers

  For each of the subsequent independent cases evaluate the

for each of the subsequent independent cases evaluate the units or equivalent units requested assuming weighted-average

  Identify potential activity driver that used for the tracing

Identify which cost assignment method would likely be used to assign the costs of each of the preceding activities. When driver tracing is selected, identify a potential activity driver that could be used for the tracing.

  Prepare the standard cost sheet for the company

Prepare the standard cost sheet for the company and compute the direct material price variance, assuming the material price variance is the responsibility of the company's purchasing agent.

  Calculate what gandolfis roi would have been for year ended

Calculate what Gandolfi's ROI would have been for the year ended December 31, 2013, had the company used the double-declining-balance depreciation method for the CAT 336DL earth mover.

  How much will you pay for the company stock today

Stock values: Warren Corporation will pay a $3.60 per share dividend next year. The company pledges to increase its dividend by 4.5 percent per year indefinitely. If you require a 13 percent return on your investment, how much will you pay for the..

  Determine amount received by quinn as a final distribution

Quinn and Kestor share income and losses equally. Determine the amount received by Quinn as a final distribution from liquidation of the partnership.

  Difference between standard cost and standard costing

Explain and illustrate the difference between standard cost and standard costing and using the above data draw up a standard cost card under marginal and absorption costing.

  What is her present equity investment

The market value of her property is estimated to be $950,000 and what is her present equity investment?

  How can internal auditing help the audit committee

How can internal auditing help the audit committee assess and respond to the risk of fraud from management override of internal controls?

  Sales budget including budgeted sales for july

Sales budget including budgeted sales for July and purchases budget ,the budgeted cost of goods sold for each month and quarter, and the cost of the June 30 budgeted inventory

  Difficulties associated with allocating overhead costs

Discuss the difficulties associated with allocating overhead costs in the contemporary manufacturing environment and identify strategies that firms can adopt to help make their overhead allocations more accurate and reliable.

  What is the payback period for jim

What is the payback period for Jim? Round your answer to two decimal places and What is the payback period for Melannie? Round your answer to one decimal place

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