User Account

All Pages

What is the minimum number of boxes of detergent

Assignment Help Accounting Basics
Reference no: EM133157491

Question - The laundry serves 3,500 customers per month. The customers uses 1 wash cycle with $3.20 electricity and water cost. The price of laundry is $6.50 and fixed costs are $6,600 for the laundry mat. There is also detergent for sale for 0.25 (unit cost).

If the laundry sells the detergent for $0.50, what is the minimum number of boxes of detergent they have to sell to break even?

A) None

B) 8,800 Boxes

C) 26, 400 Boxes

D) The answer cannot be determined from the information given

Reference no: EM133157491

Questions Cloud

Discuss the agency conflict : Discuss the agency conflict between the shareholders and the bondholders by relating to any two (2) of such conflicts
What would be the payback period for the machine : The present value of an annuity of P1 in arrears at 8% for 6 years is 4.623. What would be the payback period for the machine
Identify scope creep : Was the project manager able to reverse scope creep? Is it possible to reverse scope creep and what is the impact? How do you identify scope creep?
What is the expected after-tax cash flows from the project : Malipol Books is considering the purchase of a new binding equipment that will reduce operating costs. What is the expected after-tax cash flows from the projec
What is the minimum number of boxes of detergent : If the laundry sells the detergent for $0.50, what is the minimum number of boxes of detergent they have to sell to break even
Describe the qualities of change leader : Describe the qualities of a change leader and how leaders can serve as role models for change, and how these leaders impact organizational culture.
By how much have excess reserves changed : Now suppose the FED buys $1 million worth of securities from the Wherethehellami branch. By how much have excess reserves changed
Are warehousing costs considered a product cost : At year-end, the warehousing costs are prorated over cost of goods sold and ending inventory. Are warehousing costs considered a product cost or a period cost
How corporate ethics and corporate social responsibility : How corporate ethics and corporate social responsibility (CSR) can help attract and retain (even improve the morale of) talent

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare an income statement performance report for budget

Prepare an income statement performance report for budget and actual showing gross profit and net profit for each month and the quarter

  A business is purchased for 250000 the fair market value

a business is purchased for 250000. the fair market value of assets are equipment 90000 building 135000 and goodwill

  Community health center is considering spending 50000 on a

community health center is considering spending 50000 on a blood analyzer. the annual cash profits from the machine

  Storm occurrence services sos offers services to secure

storm occurrence services sos offers services to secure houses and properties when major storms are forecast for an

  Discuss about barry minkow

Discuss about Barry Minkow. what do you think about his actions? Is it ethical? Do you believe he was a good businessman?facts about Barry Minkow

  What is insurance accounting

What is insurance accounting? Give some examples and discuss it please. For general-purpose financial reporting purposes

  Determine the balances of the accounts as at august

Determine the balance of the accounts as at August?How much is the gain or loss to be reported in the 2020 profit or loss from derecognition of any receivables?

  Compute the VAT payable

The refined sugar produced were sold on January 2020 on credit for P150,000, VAT exclusive. Compute the VAT payable

  Determine the effect of its inventory and receivables

Carmen and Vanessa's Corporation wants to determine the effect of its inventory and receivables management on its cash flow cycle. Carmen and Vanessa's sales last year (all on credit) was $200,000, and earned a net profit % of 10%.

  Determine the dollar value of cash provided

Ocean Pines Company had net income $475,000. They also had depreciation expense of $150,000, determine the dollar value of cash provided

  Discuss the accounting treatment

In your report, you are required to: Discuss the accounting treatment that would be required if this change was made

  Determine the effective cost of borrowing in dollars

Dolphin Company negotiated a two-year, 1,000,000 Euro loan from a German bank, Determine the effective cost of borrowing in dollars

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