Sheridan Shacks makes portable garden sheds that sell for $1,800 each. Costs are as follows: a. How
Question:
a. How many garden sheds must the company sell to break even?
b. If Sheridan Shacks management wants to earn a pre-tax profit of $200,000, how many garden sheds must it sell?
c. If Sheridan Shacks management wants to earn a pre-tax profit of $280,000, how many garden sheds must itsell?
Transcribed Image Text:
Per Unit Total Direct material Direct labor Variable production overhead Variable selling and administrative cost Fixed production overhead Fixed selling and administrative $800 90 60 50 $200,000 60,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (16 reviews)
a Breakeven in units is 260000 1800 1000 32...View the full answer
Answered By
Ashok Kumar Malhotra
Chartered Accountant - Accounting and Management Accounting for 15 years.
QuickBooks Online - Certified ProAdvisor (Advance - QuickBooks Online for 3 years.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Cost Accounting Foundations and Evolutions
ISBN: 978-1111626822
8th Edition
Authors: Michael R. Kinney, Cecily A. Raiborn
Question Posted:
Students also viewed these Cost Accounting questions
-
Hamlet House makes portable garden sheds that sell for $ 1,800 each. Costs are as follows: a. How many garden sheds must the company sell to break even? b. If Hamlet Houses management wants to earn a...
-
How many units must Queens Company sell to break even if the selling price per unit is $9, variable costs are $5 per unit, and fixed costs are $6,000? What is the breakeven point in total dollars of...
-
How many units must Braxton Company sell to break even if the selling price per unit is $8.50, variable costs are $4.30 per unit, and fixed costs are $3,780? What is the breakeven point in total...
-
Number of toys produced 60,000 120,000 150,000 O $0.20 What is the materials cost per unit of output? O $0.30 Starfun Toys, Inc. Cost of Materials O $0.70 O $0.50 Total cost of materials $18,000...
-
Athens Holding Company operates numerous businesses, including motel, auto rental, and real estate companies. The year 2016 was interesting for Athens, which reported the following on its income...
-
A mixture of three amino aids is separated by gel electrophoresis. The three amino acids are glycine, valine and phenylalanine (Figure 27.14). a. The electrophoresis is carried out in a buffer...
-
The term ( __________ ) describes the use of computer technology to provide decision-oriented information to managers. (a) data processing (b) electronic data processing (c) expert system (d)...
-
Digital World is a retail store that sells cameras and photography supplies. The firm's credit purchases and purchases returns and allowances transactions for June 2016 appear below, along with the...
-
1. Best practices for increasing engagement: - Practices (the things themselves) - Company Examples (maybe 2 companies) Please be specific and add a lot of detail (1 full paragraph for each question...
-
Zippy Cola is studying the effect of its last advertising campaign. People chosen at random were called and asked how many cans of zippy cola they hand bought and advertisements they had either read...
-
Seattle Leisure Designs has designed a new athletic suit. The company plans to produce and sell 30,000 units of the new product in the coming year. Annual fixed costs are $600,000, and variable costs...
-
Bills Cabinets sells a product for $360 per unit. The companys variable cost per unit is $60 for direct material, $50 per unit for direct labor, and $34 per unit for overhead. Annual fixed production...
-
What change of variables is suggested by an integral containing x 2 - 9?
-
41. Sort these lists using the selection sort. a) 3, 5, 4, 1, 2 c) 1, 2, 3, 4, 5 b) 5,4, 3, 2, 1
-
This is a group based assignment with both conceptual and computational questions listed below. Please first purchase the case with the link provided; the cost of the case is $4.25 per student. Then,...
-
A secondary clarifier is 75 ft in diameter and receives a primary effluent flow 3.1 MGD and a return sludge 0.9 MGD. If the MLSS concentration is 3140 mg/L, what is the solids loading rate on the...
-
An analytical chemist is titrating a 50.0 mL solution with an unknown concentration of bromide (Br-) using 0.0500 M AgNO3.Silver and bromide precipitate with a Kspof 1.50 x 10-13. a) Addition of 10.0...
-
D . Reichenbach Co . , organized in 2 0 1 9 , has set up a single account for all intangible assets. The following summary discloses the debit entries that have been recorded during 2 0 2 0 and 2 0 2...
-
Futrell was hired by Reactor Films for traffic control on the site of a television commercial shoot. Rather than maintain a staff of full-time employees, Reactor hired freelance crew members as...
-
Read the following description and Write a response of it. The discretion of public administrators can be decreased, but not altogether eliminated. Officials will use their discretion in any given...
-
Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions. Both Sydney and Troy use a perpetual inventory system and the gross method. 1. Prepare journal entries...
-
Patterson Software had the following selected account balances at December 31, 2016 (all numbers and amounts are in thousands, except par value per share):...
-
Raintree Marketing Corporation reported the following stockholders' equity at December 31 (adapted and in millions): Common stock...........................................$ 365 Additional paid-in...
-
At December 31, 2016, Pioneer Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts). Common stock $3.00 par value per share, 22...
-
During a tight job market, recruiters have noticed that graduating seniors with an intermediate proficiency in a second language have a higher probability of getting a first interview following a...
-
You are an assistant in the accounting department of Thunderduck Shoes, a small retailer. The company has a loan that requires the company to maintain a minimum cash balance of $75,000, as reported...
-
Ursula Chang works as a Senior Account Manager for Decorous Stone and Tile ("Deco"), a Canadian public company. Her responsibilities include selling tiling products to various retailers across North...
Study smarter with the SolutionInn App