Xyz company is a retailer of widgets xyz pays 410 for each

Assignment Help Accounting Basics
Reference no: EM13569630

XYZ Company is a retailer of widgets. XYZ pays $4.10 for each widget and sells them for $8.50. Monthly fixed costs are $31,240. The widget cost is the only variable cost.

a.

What is the contribution margin per unit?

Contribution margin $per unit
b. What is the break-even point in units?
Break-even point units
c.

How many units will XYZ need to sell to earn target profit of $29,480?

Total number of units

Reference no: EM13569630

Questions Cloud

Western states had revenues of 450000 in march fixed costs : western states had revenues of 450000 in march. fixed costs in march were 273360 and profit was 32640.a.what was the
Garnett co expects to purchase 180000 of materials in july : garnett co. expects to purchase 180000 of materials in july and 210000 of materials in august. three-fourths of all
Describe a particular aspect of versailles that you think : describe a particular aspect of versailles that you think represents the palaces purpose as a symbol of absolute
You put down 20 on a home with a purchase price of 150000 : you put down 20 on a home with a purchase price of 150000 or 30000. the remaining balance will be 120000. the bank will
Xyz company is a retailer of widgets xyz pays 410 for each : xyz company is a retailer of widgets. xyz pays 4.10 for each widget and sells them for 8.50. monthly fixed costs are
A 20 year bond pays 6 on a face value of 1000 if similar : a 20 year bond pays 6 on a face value of 1000. if similar bonds are currently yielding 5 what is the market value of
What is the return on stockholders equity for a firm with : what is the return on stockholders equity for a firm with a net profit margin of 4.9 percent sales of 350000 an equity
Horizons inc has agreed to sell an investment in a : horizons inc. has agreed to sell an investment in a subsidiary that has been accounted for on the equity method of
Caspian creations sells wooden boxes from a kiosk in a mall : caspian creations sells wooden boxes from a kiosk in a mall. fixed costs are 2500 per month and the variable cost is

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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