What was company composite breakeven point in units

Assignment Help Accounting Basics
Reference no: EM132937940

Problem - Company sells two products, A ang B. Last year,  Company sold 12,000 units of A and 24,000 of B. Related data for last year are: Product - A Unit SP - 120 Unit VC -80 Unit CM -40 Product - B Unit SP - 80 Unit VC -60 Unit CM -20. Assuming that last year's fixed costs totaled P910,000, what was Company's composite breakeven point in units?

Reference no: EM132937940

Questions Cloud

Briefly describe the techniques for conducting health : Briefly describe the techniques for conducting health assessment and Explain in your own words the physical growth and psychosocial, cognitive and motor
Find the marginal profit : The profit in dollars from the sale of x expensive watches is P(x)=0.07x2-4x+4x0.6-4600. Find the marginal profit when ?(a) x=100?, ?(b) x=2000
Calculate the non-controlling interest for the consolidated : First Rate Corp, Calculate the non-controlling interest for the consolidated statement of financial position (balance sheet) at the end of Year 3.
Prepare the journal entry for the admission of IU : Prepare the journal entry(s) for the admission of IU to the partnership assuming IU invested P250,000 for the ownership interest
What was company composite breakeven point in units : Company sells two products, A ang B. Last year, Company sold 12,000 units of A and 24,000 of B. What was Company composite breakeven point in units
List types of events that influence systematic risk : How can standard deviation, a statistical measure of dispersion, be used in investment analysis? List types of events that influence systematic risk
What depreciation would June record for the year : June revised the useful life to a total of six years with no residual value. What depreciation would June record for the year 2022 on this equipment
What is the cost of the land : What is the cost of the land? The expenditures were incurred by Bridgeport Company in purchasing land: cash price $70,000, accrued taxes $4,700
What is the effect on net income : What's the effect on net income? Target's Note 23 indicates that "In December 2017, the U.S. government enacted the Tax Cuts

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate the tax liability of a taxpayer

1. Suppose the tax schedule is T = - 3000 + 0.3Y, where T is the amount of tax paid when the taxpayer's income is Y.

  List three audit procedures that might detect the theft

What internal controls are missing to enable the theft to occur? List 3 audit procedures that might detect the theft.Serena is the assistant controller of Opus.

  Why does the gasb require the distinction

Explain the difference between a program revenue and a general revenue. Why does the GASB require this distinction? Be sure to include the sources of the funds.

  What would the depreciation expense

Bronson's fiscal year end is June 30. What would the depreciation expense be for 2020 if Bronson Co. used the double-declining-balance method

  What is the weighted average number of common shares

What is the weighted average number of common shares Howard will use in computing its earnings per share

  Prepare green production contribution margin income

Prepare Green Production's contribution margin income statement for 175 shows performed in 2016. Report only two categories of costs: variable and fixed.

  Prepare a profit table for each outcome

Prepare a profit table for each outcome. Advise Jupiter which investment level should be chosen if the maximin decision criteria is applied. Justify your answer

  Compute diret material used& goods manufactured

Compute diret material used& Goods manufactured, Calculate total cost of job based on overhead and direct labor

  Compute the predetermined overhead rate using traditional

Compute the predetermined overhead rate using traditional costing with machine hours as the basis

  On december 31 2004 the account unearned rent revenue had a

on december 31 2004 the account unearned rent revenue had a balance of 3300 on the books of joliet corporation after

  Determine the standard direct materials cost per bar

The standard costs for a batch of chocolate (5,000 bars) are as follows: Determine the standard direct materials cost per bar of chocolate

  Prepare entries that vincent should record for the purchase

Vincent Company paid within the discount period. Prepare entries that Vincent should record for (a) the purchase and (b) the cash 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