What price must the division charge in order to break even

Assignment Help Finance Basics
Reference no: EM13305810

Cochrane has a division that makes wood strips for the furniture industry. The division has fixed costs of $10,000 per month, and it expects to sell 42,000 strips per month. If the variable cost per strip is $2.00, what price must the division charge in order to break even?

Reference no: EM13305810

Questions Cloud

Determine what is the required pipe size to deliver : A concrete pipeline is installed to deliver 6m^3/sec of water (10degressC) between two reservoirs 17 km apart. If the elevation difference between the two reservoirs is 12m, what is the required pipe size
Find is it virtual or real : A 2.0cm tall object is located 18.0cm in front of a converging lens with a focal length of 10.0cm. Is it virtual or real
Situation and the effect of the change request : The situation and the effect of the change request on the schedule, cost, and features.
How to calculate the forces in members ec and ef : Using method of joints, calculate the forces in members EC and EF. Note that the length of the member CD is 3.464 m, the length of member EC is 2m, and angle CDE is 30 degree ( this will cut down a bit of trigonometry effort).
What price must the division charge in order to break even : The division has fixed costs of $10,000 per month, and it expects to sell 42,000 strips per month. If the variable cost per strip is $2.00, what price must the division charge in order to break even?
What is jaster market / book ratio : It has 800 million shares of common stock outstanding,and its stock price is $32 per share. What is Jaster'smarket /book ratio?
How close will the particles get to each other : A proton is fired directly at a lithium nucleus. If the protonâ€TMs velocity is 4.0x105 m/s when it is far from the nucleus, how close will the particles get to each other
At what speed will a stationary observer on the earth : A jet aircraft is flying in a standard atmosphere at an altitude of 4,000 m at 900 km/hr. The frontal intake area of the jet engine is 0.80 m2. The engine exhaust area is 0.56 m2. The temperature of the exhaust gas is 120°C.
What is its equity multiplier : DuPONT ANALYSIS Doublewide Dealers has an ROA of10%, a 2% profit margin, and an ROE of 15%. What is its totalassets turnover? What is its equity multiplier?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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