User Account

All Pages

What is the breakeven point in number of car seats

Assignment Help Financial Accounting
Reference no: EM132822769

Question - Julia Child Company sells baby car seats to retailers for an average of $80 each. The variable cost of each car seat is $50 and monthly fixed selling costs total $8,000. Other monthly fixed costs of the company total $7,500.

Required -

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

2. What is the margin of safety, assuming sales total $44,000?

3. What is the breakeven level in car seats, assuming variable costs increase by 12%?

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: EM132822769

Questions Cloud

What will clown financial statements report for situation : Interest of 12% has accrued for 7 months on the note. What will Clown's financial statements report for this situation at December? 31?
Outsourcing production functions to supplier organizations : What are the positive and negative tradeoffs associated with outsourcing production functions to supplier organizations?
What items should list under each budget : What items should you list under each budget? Keep in mind that the group has decided that anything more than $500 should be on the capital budget
What is the unamortized discount on note receivable : What is the unamortized discount on note receivable from sale of equipment? What is the total interest income for the year ended December 31, 2020?
What is the breakeven point in number of car seats : The variable cost of each car seat is $50 and monthly fixed selling costs total $8,000. What is the breakeven point in number of car seats
What is the probability that in any given year : In 1981, the return on FTSE TMX Canada long-term bonds was -4.34%. How likely is it that such a low return will recur at some point in the future?
Concept of branding : Assess how branding has increased in the last few decades. Think of a brand; analyze how the organization developed its brand equity.
How long will it take for the account to be paid off : You will charge 1.6% per month interest on the overdue balance. If the current balance is $16,700, how long will it take for the account to be paid off
What is the approximate probability that return on bonds : What is the approximate probability that your return on these bonds will be less than -8.9% in a given year? What range of returns would you expect to see 95%

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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