If break even sales volume is 8,000 units, variable cost is $2 per unit and total fixed

Question:

If break even sales volume is 8,000 units, variable cost is $2 per unit and total fixed costs are $24,000, the selling price per unit is $ _______

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Basic Finance An Introduction to Financial Institutions Investments and Management

ISBN: 978-1111820633

10th edition

Authors: Herbert B. Mayo

See More Books

Question Posted: Apr 30, 2013 09:38 AM

See More Questions

Total fixed costs are $25,000 for Haag Inc. It has a contribution margin per unit of $15, and a contribution margin ratio of 25%. Compute the break-even sales in dollars.
Total fixed costs are $25,000 for Oaks Inc. It has a contribution margin per unit of $15, and a contribution margin ratio of 25%. Compute the break-even sales in dollars.
Total fixed costs are $26,000 for Daz Inc. It has a contribution margin per unit of $15, and a contribution margin ratio of 25%. Compute the break-even sales in dollars.
describe Jarir bookstore by providing the followings: - A brief introduction regarding the history of this brand and its main activity? - Describe how and why the brand's activity has evolved through...
Using the sample program results in Figure 5.33: a. How many levels of cache are there? b. What are the overall size and block size of the first-level cache? c. What is the miss penalty of the...
Question 6 (5 points) You own a portfolio consisting of five securities as follows: Security Number of Price/share Expected shares Return A 200 $ 16.00 14.60% B 300 $ 12.00 12.10% C 400 $ 14.00 5.60%...
Locate the note that discusses Best Buys operations by segments in Appendix A. In what two segments does it predominantly operate? AppendixLO1
Assume the following data for Oshkosh Company before its year-end adjustments: Journalize the adjusting entries for the following: a. Estimated customer refunds and allowances b. Estimated customer...
Jamestown Court is currently priced at $20 per share they just paid their annual dividend of $1.03 they have been experiencing growth and dividends of 5% and expected this to continue whats the firms...
Review the compound interest formulas for n compoundings per year and for continuous compounding we learned this week. Do a quick check of the various interest offering from your favorite bank and...
If contribution margin ratio is 60 percent, total fixed cost is $30,000 and sales is $200,000, the margin of safety in terms of sales dollars is $ __________
Analysis of the operations of Padillo Company shows the fixed costs to be $120,000 and variable costs to be $8 per unit. Selling price is $12 per unit. The breakeven point in units is...
At the end of 2006 an expert economist from the Global Economic Institute in Kiel, Germany, predicted a drop in the value of the dollar against the euro of 10% over the next 5 years. If the exchange...
Because her insurance agency is in a lakeside community, Adriana always asks her homeowners clients what boating activities they engage in, and she is sure to add the Watercraft endorsement...
1. Among all assumptions in CVP analysis, which one do you think is the most critical? Explain. 2. How will you change the cost-volume-profit analysis if the assumption (you identify in the previous...
Construct a confidence interval for p-P2 at the given level of confidence. x =26, n =229, x2 = 31, n = 302, 95% confidence The researchers are % confident the difference between the two population...
AP 9-2 (Moving Expenses) In May of the current year, following a dispute with her immediate superior, Ms. Elaine Fox resigned from her job in Halifax and began to look for other employment. She was...
Minimize the number of states in the following DFA: A b b a a a b b b E B a a
Use comparative financial statements to analyze a company over time (horizontal analysis).
Identify the most stable compound:
Explain what is meant by an optimal portfolio. What are the conditions that must exist for there to be only one optimal portfolio? Do you think these conditions are likely to persist in the real...
Data for Barry Computer Company and its industry averages follow. a. Calculate the indicated ratios for Barry. b. Construct the extended Du Pont equation for both Barry and the industry. c. Outline...
Complete the balance sheet and sales information in the table that follows for Hoffmeister Industries using the following financial data: Debt ratio: 50% Quick ratio: 0.80X Total assets turnover:...
The Corrigan Corporations forecasted 2005 financial statements follow, along with some industry average ratios. a. Calculate Corrigans 2005 forecasted ratios, compare them with the industry average...
nformation pertaining to Noskey Corporation s sales revenue follows: November 2 0 2 1 ( Actual ) December 2 0 2 1 ( Budgeted ) January 2 0 2 2 ( Budgeted ) Cash sales $ 1 0 5 , 0 0 0 $ 1 1 5 , 0 0 0...
The management team of Netflix maintains a stable dividend using the Lintner model: Dt+1 = Dt + EPS Target Payout Where Dt (Dt+1) = dividend in the current period t (the next period t + 1) EPSt =...
#1 #2 hapter 50 10 D Werences lav Help Required information [The following information applies to the questions displayed below) Archer Company is a wholesaler of custom-built air-conditioning units...

If break even sales volume is 8,000 units, variable cost is $2 per unit and total fixed

Question:

Step by Step Answer:

Calculation of selling price per unit Breakeven point ...View the full answer

Basic Finance An Introduction to Financial Institutions Investments and Management

Students also viewed these Managerial Accounting questions