What monthly volume is needed to break even

Assignment Help Financial Accounting
Reference no: EM132642634

A pottery maker is considering adding a new plant for additional capacity. The proposed facility will have fixed costs of $9500 per month and variable costs of $0.62 per unit produced. Each piece of pottery is sold to retailers at a price that averages $1.11.

Problem 1: What monthly volume is needed to break even?

Reference no: EM132642634

Questions Cloud

What is the amount of liabilities for Kramer : Kramer Company has liabilities equal to 1/4 of the total assets. Kramer's equity is 45,000. Using the accounting equation, what is the amount of liabilities
Prepare the necessary adjusting entry at december : Prepare the necessary adjusting entry at December 31, 20x5. Salaries earned by club employees that have not yet been recorded or paid amount to $3,700.
What is point of putting someone in 23-hour-a-day lockdown : Are we giving up on any hope of rehabilitation when we put someone in a supermax prison? What is the point of putting someone in 23-hour-a-day lockdown?
Calculate Keith cost base for Capital Gains Tax purposes : Rates and land tax of $57,000 were paid during ownership of the property, Calculate Keith cost base for Capital Gains Tax purposes
What monthly volume is needed to break even : What monthly volume is needed to break even? The proposed facility will have fixed costs of $9500 per month and variable costs of $0.62
How should policymakers use the statistics : What can crime statistics tell us about the crime picture in America? How has that picture changed over time? How are these statistics used (in a good way).
Prepare journal entries for abc journal entry on february : Prepare journal entries for ABC the journal entry on February 01, 2016 will be a DR to (account title) cash b. the journal entry on February 01, 2016 will be
What kind of resources will you be planning on using : This should be a strategic plan for success. (How will you be successful? How will you remain committed to your program?) This plan should be extremely.
Calculate the Net Capital Gain : On 1 July 2016 Keith acquired a Rolex watch for $42,000. Keith borrowed $40,000 of the money from Nasty Bank. Calculate the Net Capital Gain

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare a trial balance as of the end of september

ACG2021 Financial Accounting Assignment Question. Prepare a trial balance as of the end of September and Prepare journal entries for each transaction

  Ledger of sally and balance off the accounts

Problem: Sally has recently opened a pastry stall and his transaction during May were as follows:

  Determine free cash flow for ivanhoe industries

Determine free cash flow for Ivanhoe Industries for the first quarter of 2020. In the first quarter, Ivanhoe had depreciation expense of $193,000

  Determining the investment properties

At what total amount should Safe Ladies' Home report its investment property at December 31, 2019?

  Determine for each plan earnings per share of common stock

Three different plans for financing a $15,000,000 corporation are under consideration by its organizers. Under each of the following plans, the securities will be issued at their par or face amount, and the income tax rate is estimated at 40% of inco..

  Explain what the payer mix is

Explain what the payer mix is and how it is determined within a healthcare organization. Describe at least two different ways the payer mix can change

  What is the profit or loss associated with copper

Landmark Coal operates a mine. During July, the company obtained 500 tons of ore, which yielded 250 pounds of gold and 62,800 pounds of copper. The joint cost related to the operation was $500,000. Gold sells for $325 per ounce and copper sells for $..

  Competitors earn an average profit marginb

1.Deklin Company reported net income of $48,025 and net sales of $425,000 for the current year.

  Red rock mines and distributes various types of rocks

Red Rock, Inc. mines and distributes various types of rocks. Most of the company's rock is sold to contractors who use the product in highway construction projects. Aracely Hudson, company president, believes that the company needs to advertise to in..

  Should exercise the option at expiration

Should exercise the option at expiration if the price of Keebler stock is $80. Will have a worthless option in August if the stock price is $80 at that time.

  What accounts would be affected

What are the benefits to Sonos for using equity instead of borrowing funds? What are the disadvantages to Sonos of issuing additional equity?

  What effective interest amortization table for five years

Give the general journal entries to record each of the five mortgage payments beginning on December 31, 2020.What is the annual installment payment

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