What is the firms breakeven point in units

Assignment Help Financial Management
Reference no: EM131022585

Cranberry Wood Products Inc. spends an average of $9.30 in labor and $12.60 in materials on every unit it sells. Sales commissions and shipping amount to another $3.10. All other costs are fixed and add up to $141,000 per month. The average unit sells for $32.00.

What is Cranberry's contribution? Round the answer to two decimal places.

$

What is Cranberry's contribution margin? Round the answer to two decimal places.

What is the firm's breakeven point in units? Round the answer to the nearest whole number.

units

Calculate the dollar breakeven point. Round the answer to the nearest whole dollar.

$

Reference no: EM131022585

Questions Cloud

Handout on duration : Find the duration for a 3-year 10% bond with a 7% yield to maturity. Suppose the market interest rate changes to 8%, using the bond’s duration, compute the percentage price change for the bond.
Nursing theory analysis paper on topic peplau theory : Write a Nursing Theory Analysis Paper on Topic: "Peplau's Theory", Write the paper in 10 Pages, Your paper must include Background information, theory description, concept behind Peplau's Theory, concept relationship, Evaluation, assumption, Theory's..
The cash flow of the firm must be equal : The cash flow of the firm must be equal to: A. cash flow to stockholders minus cash flow to debt holders. B. cash flow to debt holders minus cash flow to stockholders. C. cash flow to governments plus cash flow to stockholders. D. cash flow to stockh..
What is the expected return of shareholders : The risk-free rate of return is 8%, the expected return of the market portfolio is 15%, and the stock of Xyrong Corporation has a beta coefficient of 1.2. Xyrong pays out 40% of its earnings in dividends and the latest earnings announced were $10 per..
What is the firms breakeven point in units : Cranberry Wood Products Inc. spends an average of $9.30 in labor and $12.60 in materials on every unit it sells. Sales commissions and shipping amount to another $3.10. All other costs are fixed and add up to $141,000 per month. What is Cranberry's c..
Current value of the euro-denominated loan principal : Six months ago, K Bank, issued a $100 million, one-year maturity CD denominated in euros. On the same date, $50 million was invested in a €-denominated loan and $50 million was invested in a U.S. Treasury bill. What is the current value of the CD pri..
Determine cost of debt-what is the aftertax cost of debt : ICU Window, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with ten years to maturity that is quoted at 109.5 percent of face value. The issue makes semiannual payments and has an embedded cost of 8 percent annua..
University plans to make a one-time endowment : A generous benefactor to the university plans to make a one-time endowment which would provide the school with $20000 scholarship per year into perpetuity. The rate of interest is expected to be 5% for all future time periods? How large
What is the future value of its four-year net income : For the 2009 fiscal year, Lowe's Companies, Inc. reported an annual net income of $48,230,000. Assume the income can be reinvested continuously at an annual rate of return of 5.5% compounded continuously and that Lowe's will maintain this annual net ..

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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