What price does andromeda charge

Assignment Help Accounting Basics
Reference no: EM131673712

Question: Using the Break-Even Equations to Solve for Price and Variable Cost per Unit Solve the following independent problems.

Required: 1. Andromeda Company's break-even point is 2,400 units. Variable cost per unit is $42; total fixed costs are $67,200 per year. What price does Andromeda charge?

2. Immelt Company charges a price of $6.50; total fixed cost is $314,400 per year, and the break-even point is 131,000 units. What is the variable cost per unit?

Reference no: EM131673712

Questions Cloud

How many trim kits must be sold for polaris to break even : Multiple-Product Breakeven Polaris Inc. manufactures two types of metal stampings for the automobile industry: door handles and trim kits.
What is the variable cost ratio for abraham : Cost-Volume-Profit, Margin of Safety Abraham Company had revenues of $830,000 last year with total variable costs of $647,400 and fixed costs of $110,000.
Which of the given is true about criminal law : Which of the following is true about criminal law? According to the Uniform Electronic Transactions Act (UETA), which of the following is true?
Discuss about the implications associated with wifi calling : Users of mobile devices often experience connection issues, which have prompted some cellular providers to offer WIFI calling.
What price does andromeda charge : Andromeda Company's break-even point is 2,400 units. Variable cost per unit is $42; total fixed costs are $67,200 per year.
What skills should a cio possess : Do you feel that the organizations WALMART Canada, take the function of information management seriously?
Effectiveness of workplace environment on productivity : Effectiveness of workplace environment on productivity - Create headings and subheadings that indicate the sections of your paper - Clearly explain the plan
How many boxes must be sold to break even : Contribution Margin, Cost-Volume-Profit, Margin of Safety Candyland Inc. produces a particularly rich praline fudge. Each 10-ounce box sells for $5.60.
How do the citizens of the country pay for the health care : How do the citizens of the country pay for the health care? What is the quality of the health care they receive? Are there unique services provided?

Reviews

Write a Review

Accounting Basics Questions & Answers

  A perpetual record of a raw materials item that records

1. a perpetual record of a raw materials item that records data on the quantity and cost of units purchased units

  Provide the journal entry for the period payroll

On December 31, provide the journal entry for the period's payroll. Refer to the Chart of Accounts for exact wording of account titles

  What is the process time and inspection time

What is the wait time, what is the process time and what is the inspection time

  Blanchard company manufactures a single product that sells

blanchard company manufactures a single product that sells for 120 per unit and whose total variable costs are 90 per

  Industry background before accepting an audit client story

"Auditors shouldn't be allowed to act like God," said Hideyuki Aizawa, a senior member of Japan's major political party the LDP. "Resona should be the first and last time this happens."

  Why is the study of information systems important to you

Why is the study of information systems important to you? What do you hope to learn from thiscourse to make it worthwhile?

  Basics of straight-line method of depreciation

On January 1, 2011, Miller changed to the straight-line method of depreciation. The estimated useful life has not changed. Miller can justify the change. What should be the depreciation expense on this machine for the year ended December 31, 2011?

  Included in the identifiable net assets of sapphire company

included in the identifiable net assets of sapphire company on the date of its business combination with palumbo

  What is the reason for the apparent inconsistencies

When, and in which type of fund, should it recognize the related expense? What is the reason for the apparent inconsistencies between the fund types in which the revenue and expenses are reported?

  Company abc abc purchased floating rate securities

Company ABC ABC purchased floating rate securities

  Prepare the general journal entries

Prepare the general journal entries that should be made at December 31, 2018, to record these events. (Ignore tax effects.)

  Freddie preparer penalty

Freddie purposely omitted $100,000 of cash receipts that should have been reported as gross income. Freddie charged Peggy $6,000 to prepare the return. What is Freddie's preparer penalty?

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