Santana sells a product for $115 per unit. The variable cost is $75 per unit, while fixed

Question:

Santana sells a product for $115 per unit. The variable cost is $75 per unit, while fixed costs are $65,000. Determine
(a) The break-even point in sales units.
(b) The breakeven point if the selling price were increased to $125 per unit.

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

Step by Step Answer:

Related Book For book-img-for-question

Financial and Managerial Accounting

ISBN: 978-1285866307

13th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

See More Books

Question Posted: Jun 16, 2016 01:44 AM

See More Questions

Versa Inc. sells a product for $100 per unit. The variable cost is $75 per unit, and fixed costs are $45,000. Determine (a) The break-even point in sales units. (b) The breakeven point in sales units...
Grobe Inc. sells a product for $90 per unit. The variable cost is $75 per unit, while fixed costs are $45,000. Determine (a) The break-even point in sales units and (b) The breakeven point if the...
Frankel Enterprises sells a product for $60 per unit. The variable cost is $40 per unit, while fixed costs are $30,000. Determine (a) The break-even point in sales units and (b) The break-even point...
At December 31, 2010, Cafu Co. reported the following information on its statement on financial position. Accounts receivable...............R$960,000 Less: Allowance for doubtful accounts............
What is an RFP, and how does it differ from an RFQ?
Consider how cross-team working can contribute to professional leadership.
Why should a project begin with developing an MOV? AppendixLO1
Because of a recession, the inflation rate expected for the coming year is only 3%. However, the inflation rate in Year 2 and thereafter is expected to be constant at some level above 3%. Assume that...
For state of Florida 2. List the five largest budgeted sources of revenue including the total in dollars and percentage. Example: Income tax - $100,000 - 12% 3. List the five largest categories of...
A survey conducted by the Northwestern University Lindquist-Endicott Report asked 320 companies about the procedures they use in hiring. Only 54% of the responding companies review the applicants...
Michigan Company sells 10,000 units at $100 per unit. Variable costs are $75 per unit, and fixed costs are $125,000. Determine (a) The contribution margin ratio. (b) The unit contribution margin ....
Wide Open Industries Inc. has fixed costs of $475,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: The sales mix for...
The parameter/parameters of the Poisson probability distribution is/are a. b. and x c. and e
From the following electrochemical cells write: (a) the electrode half reactions for oxidation and reduction (b) the overall cell reaction (c) the NERNST equation for the emf for each of the cells...
Use the range rule of thumb to identify the values that are significantly low, the values that are signficantly high, and the values that are neither significantly low nor significantly high. A test...
On January 1, Year 1, Handy Company (Handy) purchased 70% of the outstanding common shares of Dandy Limited (Dandy) for $11,900. On that date, Dandys shareholders equity consisted of common shares of...
CarFind Inc. showed the following equity information at December 31, 2019. Common shares, unlimited shares authorized; 4,900,000 shares issued and outstanding Retained earnings $1,045,000 1,385,000...
Cell Phone Radiation Listed below are the measured radiation rates (in W/kg) corresponding to these cell phones: iPhone X, iPhone 7, Google Pixel, Samsung Galaxy 58, OnePlus 5, Motorola VE465, LG G3,...
If your database is performing well, why is it still important to concern yourself with techniques that improve the performance of queries?
The Strahler Stream Order System ranks streams based on the number of tributaries that have merged. It is a top-down system where rivers of the first order are the headwaters (aka outermost...
Valley Hospital began using standards to evaluate its Admissions Department. The standard was broken into two types of admissions as follows: Type of admissionStandard Time to Complete Admission...
Maywood City Police uses variance analysis to monitor police staffing. The following table identifies three common police activities, the standard time to perform each activity, and their actual...
Maywood City Police uses variance analysis to monitor police staffing. The following table identifies three common police activities, the standard time to perform each activity, and their actual...
Duncan Inc. issued 500, $1,200, 8%, 25 year bonds on January 1, 2020, at 102. Interest is payable on January 1. Duncan uses straight-line amortization for bond discounts or premiums. INSTRUCTIONS:...
WISE-HOLLAND CORPORATION On June 15, 2013, Marianne Wise and Dory Holland came to your office for an initial meeting. The primary purpose of the meeting was to discuss Wise-Holland Corporation's tax...
Stock in ABC has a beta of 0.9. The market risk premium is 8%, and T-bills are currently yielding 5%. The company's most recent dividend is $1.60 per share, and dividends are expected to grow at a 6%...

Santana sells a product for $115 per unit. The variable cost is $75 per unit, while fixed

Question:

Step by Step Answer:

a 1625 units ...View the full answer

Financial and Managerial Accounting

Students also viewed these Accounting questions