User Account

All Pages

What is tiara corporation break-even point in dollars

Assignment Help Business Management
Reference no: EM132672990

Tiara Corporation manufactures and sells scarfs. Price and cost data for the company are provided below:

Selling price per unit $50

Variable costs per unit ?

Manufacturing costs ?

Direct material 15

Direct labour 8

Variable manufacturing overhead 12

Variable selling and administrative costs 3

Annual fixed costs ?

Fixed manufacturing overhead $2,640,000

Fixed selling and administrative costs $1,560,000

Forecasted annual sales (units) 500,000

Required:

(a) What is Tiara Corporation's break-even point in dollars?

(b) How many units would Tiara Corporation have to sell in order to earn a before tax profit of $480,000?

(c) What is the company's margin of safety (in dollars)?

(d) If the company's direct material costs increase by 20 percent and the fixed selling and administrative costs decrease by 20 percent, how many units will the company have to sell next year to reach its break-even point? SHOW YOUR WORKING

Reference no: EM132672990

Questions Cloud

Strategic management potential challenges : This is about strategic management (i.e. whole of organisation) or issues that may inhibit or compromise a small salon business (@ the salon) 's attempt to purs
What are impact of cov 19 on unilever company : What are impact of COV 19 on UNILEVER company, markets it serves, consumers issues, choices they make, technology impact and competition before
Analyze internal and external forces : THIS IS NOT A SWOT ANALYSIS. Please analyze internal and external forces as listed here.
Explain sole product of marshal corporation : The data below relate to the standards for the sole product of Marshal Corporation in August:
What is tiara corporation break-even point in dollars : Tiara Corporation manufactures and sells scarfs. Price and cost data for the company are provided below:
Calculate the per unit contribution margin for models : EBP Ltd is a small firm involved in the production and sale of electronic business products. The company is well known for its attention to quality and innovati
How increase customer demand and generate more revenue : Operations Managers work to ensure that production and the manufacturing services are monitored, organized and structured to eliminate
Functions of a social institution within australian society : Q 1. What are the functions of a social institution within Australian society?
Policies of external powers on the middle east : What are some of the policies of external powers on the Middle East that need to change and why?

Reviews

Write a Review

Business Management Questions & Answers

  Crafting an integrative bargaining proposal

For this assignment, develop four questions that could be asked of Alice Jones, senior Netflix executive, during an upcoming negotiation session. This information should be helpful in crafting an integrative bargaining proposal, i.e., a win-win si..

  Chances of success for a small business dependent

Are the chances of success for a small business dependent on the entrepreneur's personality?

  An opportunity to mentor on entrepreneurship youths

You are give an opportunity to mentor on entrepreneurship youths in developing countries ,- what are the challenges you are likely to be faced by most of the youths you will be mentoring?

  Consider during the the entire innovation process

Ethics: Are there ethical considerations we should consider during the the entire innovation process?

  Develop your communication plan

Why is it critical to identify your project stakeholders before you develop your communication plan?

  Organization sources of conflictexplain what are key

organization sources of conflictexplain what are key sources of conflict within an organizational setting?what are the

  Illustrate issues common to nfpos

How does the Caring Community Church illustrate issues common to NFPOs (Non-for-Profit Organizations)?

  Option for a non-profit organization

Which alternative funding option do you feel will result in the highest return on investment?

  What is the role of lessons learned

What is the role of lessons learned and who contributes to the lessons learned in a project?

  Causes of macroeconomic instability

What are alternative perspectives on the causes of macroeconomic instability, including the views of mainstream economists

  Workplace for sexual harassment cases

What parties get involved in the workplace for sexual harassment cases? ( union, non-union, management, special interest group) ( Company Google)

  How specifically would you go about controlling

How specifically would you go about "controlling" in a business? What are the specific tools you would use in this function?

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