What is the breakeven point in units

Assignment Help Accounting Basics
Reference no: EM131115563

Caty Couture sells designer shirts for $46 per shirt. It incurs monthly fixed costs of $5,000. The contribution margin ratio is calculated to be 20%. What is the breakeven point in units? Round your answer to the nearest whole unit.

Reference no: EM131115563

Questions Cloud

Minimize the sum of annual ordering and carrying cost : A large law firm uses an average of 38 boxes of copier paper a day. The firm operates 260 days a year. what order size would minimize the sum of annual ordering and carrying cost? compute the total annual cost using your order size from part a.
The zero interest bearing note : Compute the total net liability to be reported on the December 31 balance sheet for:
Create a data file in spss : Create a data file in SPSS and enter the data presented in the table located in section 3.5 of Chapter 3 in your textbook. Save this SPSS data file.
The nature of business combination and required disclosures : Part A: 1000 word short essay about the nature of business combination and required disclosures including referencing.  Part B: On 1 July 2016, Mutt Ltd acquired all the issued shares of Jeff Ltd for $174 800. At this date the  equity of Jeff Ltd con..
What is the breakeven point in units : Caty Couture sells designer shirts for $46 per shirt. It incurs monthly fixed costs of $5,000. The contribution margin ratio is calculated to be 20%. What is the breakeven point in units
Difference in the variability of the time : A. At the 0.05 level of significance, is there evidence of a difference in the variability of the time to clear problems between the two central offices?
Compute the amount of any liability for compensated absences : Compute the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31, 2013 and 2014.
Draft the security considerations for each phase : Specify what can be done in each systems development process phase to mitigate the risk for each entry in the table from the previous week. Be specific, but high-level in your mitigations. Most or all items will have something to check or do in ea..
Chance factors or systemic sampling factors : If this is not accounted for, results can be erroneously attributed to the phenomenon under study rather than to the method of sampling. Will biased sampling always lead to a wrong conclusion? Is biased sampling due to chance factors or systemic s..

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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