What the breakeven point in units

Assignment Help Accounting Basics
Reference no: EM133045542

Question - EZ Carry Corp. is the maker of high quality golf bags. The company currently has three different lines of bags, which it sells to sporting goods stores and golf shops throughout the world. EZ Carry sells a constant mix of 4 small bags for each medium-sized bag and 5 medium bags for each large-sized bag. Total fixed costs for the year are expected to be $2,027,562.

 

Small

Medium

Large

Selling price per bag

$100

$150

$250

Variable cost per bag

$60

$95

$160

Required - What the breakeven point in units (for the year)?

-37,010 small; 9,250 medium; 1,850 large.

-32,400 small; 8,100 medium; 1,620 large.

-38,505 small; 9,625 medium; 1,925 large.

-34,808 small; 8,702 medium; 1,740 large.

Reference no: EM133045542

Questions Cloud

Explain the importance of ethical behavior : Explain the importance of ethical behavior to the organization's culture and any ethical dilemmas created by globalization. (My organization is Amazon)
Prepare the entry to record the refinancing : In order to do this, Red Leaf used $51,211 cash and signed a new one-year, Prepare the entry to record the refinancing
Determining the compensation to be paid : Determining the compensation to be paid to the new employee (Marketing Specialist)
Why is the fasab named an advisory board : Why is the FASAB named an advisory board? What is the relationship between the FASAB and the GAO, the Treasury Department, and the OMB
What the breakeven point in units : EZ Carry sells a constant mix of 4 small bags for each medium-sized bag and 5 medium bags for each large-sized bag. What the breakeven point in units
How much is your lottery prize worth today : You will receive $2 million a year for the next 17 years plus an additional payment of $10 million at the end of 17 years. How much is your lottery prize
What amount of cash is paid on the maturity date of the note : On January 10, 2021, purchased merchandise on credit, $36,300; What amount of cash is paid on the maturity date of the note
Violation of ethics : Describe an incident in your experience that you think was a violation of ethics?
What is the bonds yield to maturity : Last year, Clark Company issued a 10-year, 10% semi-annual coupon bond at its par value of Php1,000. What is the bonds yield to maturity

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the issuance price of these bonds

The term of the bonds is 2 years and interest is paid semiannually, on June 30 and December 31. Determine the issuance price of these bonds

  Prepare a classified balance sheet for bl landscapes

Using the chart of accounts provided below, and the Excel template provided with this assignment, prepare journal entries

  What is the credit to share premium

Assuming that the 9% bonds payable were converted into ordinary share on December 31, 2020, what is the credit to share premium

  Evaluate the two cases and determine the ethical issues

Required: Evaluate the two cases and determine the ethical issues, if any, and use the IMA's standards if appropriate

  The net income reported on the income statement for the

the net income reported on the income statement for the current year was 92000. depreciation recorded on store

  Double-declining balance method

Calculate the amount of accumulated depreciation relating to the machine that would appear on XYZ Company's December 31, 2009 balance sheet assuming that the company is depreciating the machine using the double-declining balance method. Do not use..

  Rex and agnes harrell purchased a beach house at duck

Rex and Agnes Harrell purchased a beach house at Duck, North Caro- lina, in early 2012. Although they intended to use the beach house occasionally for rec- reational purposes, they also planned to rent it through the realty agency that had handled..

  Prepare Cash Receipts Schedule for June, July, and August

Credit sales are collected 50% in the month of sale, 30% in the month following the sale, Prepare Cash Receipts Schedule for June, July, and August

  Determine the factory overhead allocated per unit

The total factory overhead for Diva-nation is budgeted for the year at $180,000, Determine the factory overhead allocated per unit

  What is materiality as it relates to accounting and auditing

What is materiality as it relates to accounting and auditing? What is the relationship between materiality and the phrase "obtain reasonable assurance"

  Fort worth company is a printer and binder of specialized

fort worth company is a printer and binder of specialized booklets and pamphlets. last year the companys sales manager

  Calculate net present value of each of the options

Calculate net present value of each of the options and determine which option Lucky Seven should select using the NPV criterion

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