What is the breakeven sales for jongin product

Assignment Help Accounting Basics
Reference no: EM133170997

Question - Kyungsoo Corporation produces two products, Jongin and Sehun. These account for 60% and 40% of the total sales of Kyungsoo, respectively. Variable costs ratio are 60% for Jongin and 85% for Sehun. Total fixed costs are 150,000. There are no other costs. What is the breakeven sales for Jongin product?

Reference no: EM133170997

Questions Cloud

Calculate cress earnings per share : Calculate Cress earnings per share (EPS) and price earnings (P/E) ratio before and after the share buy-back
What is the importance of employee retention : QUESTION 1. What is the importance of employee retention? QUESTION 2. Why is diversity in the work place critical?
Calculate the share price of the merged firm : If this merger is financed by stock, how many new shares Firm BLACK should issue and what is the exchange ratio? Calculate the share price of the merged firm
Discuss business analytics models : Discuss business analytics models and data warehouses based on a current event. Discuss the trends, examine business analytic principles and standards, make jud
What is the breakeven sales for jongin product : Variable costs ratio are 60% for Jongin and 85% for Sehun. Total fixed costs are 150,000. There are no other costs. What is breakeven sales for Jongin product
Develop a negotiation strategy and plan : 1. Develop a negotiation strategy and plan. 2. What common ground do both Cybaris and King have to negotiate on?
What price will the company charge : What price will the company charge if the firm uses cost-plus pricing based on variable manufacturing cost and a markup percentage of 200%
Make the journal entries to record the transactions : Question - The following transactions of The Linen Barn occurred in July - Make the journal entries to record the above transactions
What will happen to the currency exchange rates : What will happen to the currency exchange rates & currency value if there was an increase in domestic interest rates

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare and give the entries relative to the foregoing

Give the entries relative to the foregoing, including any adjustment on December 31, 2016. On October 1, 2016, the Red Chili Company declared dividends

  Problem regarding the confusing numbers

Then I remembered that you use that funny LIFO retail inventory method where you play with such confusing numbers. Will the purchase reduce our retail ratio, or whatever you call it, so that our inventory is lower and cost of goods sold higher, be..

  What is the spending variance related to shipping expenses

What is the spending variance related to shipping expenses? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None

  Calculate daniel recognized gain on the exchange

Daniel receives new land worth $22,000. Calculate Daniel's recognized gain on the exchange and his basis in the new land

  How are the concepts of positive and normative economics

Given the current pressures on China, Jamaica, and America expressed in the article, how would ethics play a role in decision making for financial, environmental, and cultural issues, How are the concepts of positive and normative economics reflect..

  Barnes manufactures a specialty food product that can

barnes manufactures a specialty food product that can currently be sold for 22 per unit and has a 20000 units on hand.

  Calculate Williams maximum depreciation deduction

Calculate William's maximum depreciation deduction for 2019, assuming he uses the automobile 100 percent in his business

  What is the accounts receivable turnover ratio

What is the normal procedure for handling the collection of accounts receivable previously written off using the direct write-off method

  Divdends received deduction

A corporation's taxable income before the divdends received deduction (DRD) is $40,000. Included in this amount is dividend income of $60,000 from another corporation in which the taxpayer owns 90 percent of its stock outstanding.

  Inventory on credit with payment terms

prepare journal entries to record Johnson Company's purchases if it pays on October 31

  What is the present value of terminal value or horizon value

The Weighted average cost of capital is 10%. ASI has an expected Operating Income of P 12 Million. What is the present value of terminal value or horizon value

  What is the cost of the ending work in process inventory

In process, April 1 (40% completed) 4,000 units and Completed and transferred 25,000 units. What is the cost of the ending work in process inventory

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