What is the breakeven point in sales dollars for win

Assignment Help Accounting Basics
Reference no: EM13239017

The following monthly data are available for Win, which produces only one product that it sells for $96 each. Its unit variable costs are $ 48 and its total fixed expenses are $72,720. Sales during April totaled 1,600 units.

(a) What is the breakeven point in sales dollars for Win?
(b) How many units must Win sell in order to earn a profit of $24,000?
this cost? 

Reference no: EM13239017

Questions Cloud

Calculate equilibrium price nd quantity and consumer surplus : Kawin is a small country that produces and consumes jelly beans. The world price of jelly beans is $1/bag, ad Kawmin's domestic demand and supply are governed by the following equations: Demand: Qd = 8 - P
Conditions in france during the revolution : Conditions in France during the Revolution have deteriorated to the point that you are afraid democracy and the Revolution are in danger. You feel that you must resort to terror to save the Revolution.
What is the intensity level : Having grown tired of hearing loud music from passing cars at 3 am and the boisterous yelling of bar patrons at closing, If her new home is 2.8 km from the freeway, what's the intensity level there
State clean h2/o2 fuel cells and electric motors : cars may be powered by clean H2/O2 fuel cells and electric motors. Under standard conditions, such a fuel cell can develop 1.229 volts. If the oxygen is obtained from air (at P=0.21 bar), what pressure of H2 would be required to develop 1.278 volt..
What is the breakeven point in sales dollars for win : What is the breakeven point in sales dollars for Win?
Explain substances in order of increasing boiling point : Choose the selection which lists the following substances in order of increasing boiling point (lowest boiling substance listed first)
The expense recognition principle relates to credit losses : The expense recognition principle relates to credit losses by stating
Explain standard thermodynamic values to predict : Use a table of standard thermodynamic values to predict the standard cell potential at 81 C: Cu(s)|CuSO4||AgNO3|Ag(s) Assume that the values of delta H and delta S are independent of temperature.
Explain convert sbf5 from a liquid to a gas : Choose the selection which correctly identifies the forces which must be overcome to convert SbF5 from a liquid to a gas. Only London dispersion forces must be overcome.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Transferred inventory to a corporation

Evan Erman transferred inventory to a corporation in a Code Sec. 351 transaction. His basis in the inventory was $10,000 and its value was $8,000. If he received $2,000 in cash and 100 shares of stock, the resulting bases are:

  Sufficient understanding and reliable evidence

Auditors should understand the five components of internal control that are sufficient to assess the risk of material misstatement of the financial statements, whether due to error or fraud, and to design the nature, timing, and extent of further ..

  Controllable and uncontrollable aspects of revenue and costs

Distinguish between controllable and uncontrollable aspects of revenue and costs. Can a manager tototally control all revenue and costs? why or why not? Describe some of the drawbacks of using budgets as a control device

  Problem regarding credit sales and collections

Calistoga Produce estimates bad debt expense at 1/2% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650 respectively, at December 31, 2010. During 2011, Calistoga's credit sale..

  Budgeting in multinational companies

What specific considerations arise when budgeting in multinational companies? What are the best ways to address these considerations?

  Compute the amount of gross profit

Compute the amount of gross profit to be recognized each year assuming the percentage-of-completion method is used. Prepare all necessary journal entries for 2012

  Taxation of corporation problem

Which of the following statements is correct regarding the taxation of C corporation?

  What subjective factors would affect the investment decision

Assume that the before tax required rate of return for Deer Valley is 14%. Compute the before tax NPV of the new lift and advise the managers of Deer Valley about whether adding the lift will be a profitable investment.

  Time interest earned ratio

For the most recent year, Wilson Enterprises had sales of $689,000, cost of goods sold of $470,300, depreciation expense of $61,200, and additions to retained earnings of $48,560.

  What is an audit procedure

How does the auditor's responsibility for detecting errors differ from their responsibility to detect fraud?

  What amount was transferred to the finished goods

Actual production required an overhead cost of $560,000, $1,100,000 in materials used, and $440,000 in labor. All of the goods were completed. What amount was transferred to Finished Goods?

  Why is the activity-based costing unacceptable

1.why are top management support and cross-functional involvement crucial when attempting to implement an activity-based costing system? 2. why is the activity-based costing unacceptable for external financial reports?

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