What is the volume of sales in units required

Assignment Help Managerial Accounting
Reference no: EM133109147

Question - Zero, Inc. produces a product that has a variable cost of $7.00 per unit. The company's fixed costs are $40,000. The product sells for $12.00 a unit and the company desires to earn a $20,000 profit. What is the volume of sales in units required to achieve the target profit?

a. 12,000

b. 2,000

c. 8,500

d. 8,000

Reference no: EM133109147

Questions Cloud

What is the spot exchange rate between the euro and dollar : A computer costs $620 in the United States. If purchasing power parity holds, what is the spot exchange rate between the euro and the dollar
What is your breakeven quantity : Your fixed costs are $10,000 for space, $2,000 in salaries, and $2,000 for leased equipment. What is your breakeven quantity
Culture of creativity and innovation : Describe the ideal qualities of a leader who inspires a culture of creativity and innovation.
Prepare the journal entry to record the impairment loss : Kinoland Company owns machinery that cost $900,000 and has accumulated depreciation of $360,000. Prepare the journal entry to record the impairment loss
What is the volume of sales in units required : The product sells for $12.00 a unit and the company desires to earn a $20,000 profit. What is the volume of sales in units required to achieve the target profit
Strengths in the capital asset pricing model : You are the chief financial officer (CFO) of a multi-physician clinic. Do you see weaknesses or strengths in the capital asset pricing model (CAPM)?
What was the portfolio return : At the end of 2019 you purchased 2000 shares of SecureSmarter at a price of $125 per share. What was the portfolio return
Discussing business management and strategy : After discussing business management and strategy, we need to discuss the importance of these topics for an HR manager.
Data literacy fundamentals : Purpose: This individual assignment is an online discussion in which you need to research the topic "HR success is based on data and analytics in 21st century".

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Prepare a statement of cost of goods manufactured

Prepare a Statement of Cost of Goods Manufactured for the month of March, and calculate the average cost per unit produced

  Why is ethical behaviour important for managerial accounting

Describe how this difference in accounting policy has affected the companies' financial statements over that period of time.

  Find should the manager decide to buy or make the cakes

Sally Restaurant prepared all kind of meals for breakfast, lunch, teatime, dinner, Should the manager decide to buy or make the cakes? Show computations

  What is the total overhead cost that should be assigned

Product D uses 3 setups. 3.000 direct labor hours. and 8.000 square feet. What Is the total overhead cost that should be assigned to Product D?

  Discuss setting ideal standards vs attainable standards

Analysis of individual variances vs analysis of groups of variances, including the interplay between variances like labor cost + labor quantity variances?

  How many cups must be sold in order to break even

Unfortunately, it seems that it won't be possible to sell more than 600 cups per month. Which price would be required to break even under this condition?

  What would adams total assets turnover

Find What would Adams' cash conversion cycle, total assets turnover, and ROA have been if the inventory turnover had been 9 for the year?

  Materials requisitioned and factory labor used

Materials purchased on account: Materials requisitioned and Factory labor used:

  Question 1 consider the following potential investment

question 1 consider the following potential investment which has the same risk as the firms other projectstimecash

  Determine Maestro inventory turnover for the year

Beginning merchandise inventory was $35,000, and ending merchandise inventory was $45,000. Determine Maestro's inventory turnover for the year

  What the overhead cost per unit is expected

The direct material cost per unit of product is estimated at $10.96 and direct labor cost is estimated at $3.84 per unit. The overhead cost per unit is expected

  What is the most would pay for the investment

If you require a 15 percent return, what is the most you would pay for this investment? You are looking into an investment that will pay you $12,000

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