If fixed costs are 32,000, maximum sales are 100,000 and variable costs are 60,000 at this level,
Question:
If fixed costs are £32,000, maximum sales are £100,000 and variable costs are £60,000 at this level, the turnover required to break-even is:
(a) £80,000
(b) £53,334
(c) £19,200
(d) £32,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting And Finance For Business
ISBN: 9780273773948
1st Edition
Authors: Geoff Black, Mahmoud Al-Kilani
Question Posted:
Students also viewed these Business questions
-
Zippidy Lighters Limited has been manufacturing cigarette lighters for sixty years at its plant located in the Kinkville Industrial Park. The manufacturing plant has fifty-eight non-unionized...
-
UNDERSTANDING THE GRAPH: choose the letter answer - A or B or C or D in the space before the number. A B C D
-
Four containers are filled with different volumes of water as shown in (Figure 1) Figure 1 of 1 350 ml 450 ml 350 ml 200 ml A B C D
-
verify that u= c ext cosx is a dimensional heat cqn. for. a soln. of suitable value of c. one
-
Have students view the YouTube video at the companion website of an interview of Chad Hurley conducted by U.S. Representative Ed Markey following Hurleys presentation to Congress. Discuss their...
-
At December 31, 2016, Finzelberg Company had a credit balance of $15,000 in Allowance for Doubtful Accounts. During 2017, Finzelberg wrote off accounts totaling $11,000. One of those accounts...
-
How do Wamsley and Zald employ ownership and funding in making a distinction between public and private organizations? LO.1
-
Joe Roberts, 22 years old, is the star of the State University basketball team. He will likely be selected in the first round of the NBA draft. Needless to say, Joe is being wined and dined by...
-
show all the parts on the work Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five- year period. His annual pay raises are...
-
If fixed costs are 160,000 and the contribution per unit is 2, the number of units to be sold to achieve a profit of 60,000 is: (a) 80,000 (b) 50,000 (c) 110,000 (d) 440,000
-
If the break-even point is 6,000 units and the contribution per unit is 6, total fixed costs must be: (a) 2,000 (b) 18,000 (c) 12,000 (d) 36,000
-
1. Select one of the companies described and write a short paper (no more than two pages) about the type of inventory control techniques that the business should use. Explain what would be an...
-
1) Factor the following Expressions (Write your factors only, don't show your work) a) 2x - 32 = c) 3x-2x-8= b) 2x-6x-8=
-
Bloomfield Inc. manufactures widgets. A major piece of equipment used to make the widget is nearing the end of its useful life. The company is trying to decide whether they should lease new equipment...
-
1. a. What is network management? Illustrate network management functional flowchart. [2.5] b. What encoding and decoding mechanisms are used in fast Ethernet and gigabit Ethernet? What is meant by...
-
Project Data: Sam Parker owns and operates a consulting firm called Business Solutions. The business began operating in October 202X. Transactions for October and November 202X have been recorded and...
-
3. Use Hooke's law to predict which one out of each pair vibrates at a higher wavenumber. Explain your answer. (7 points) a) C-H and C-D* b) C-C and C=C where: 1 k v = 2, v=wavenumber c = velocity of...
-
Castle View Games would like to invest in a division to develop software for video games. To evaluate this decision, the firm first attempts to project the working capital needs for this operation....
-
The trade-off theory relies on the threat of financial distress. But why should a public corporation ever have to land in financial distress? According to the theory, the firm should operate at the...
-
For anOld Country Links, Incorporated, produces sausages in three production departments Mixing , Casing and Curing, and Packaging. In the Mixing Department, meats are prepared, ground and mixed with...
-
A manufacturing firm uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs, based on machine hours required. At the beginning of 2 0 1 9 , the firm expected to...
-
An investor wants to purchase a zero coupon bond from Timberlake Industries today. The bond will mature in exactly 5.00 years with a redemption value of $1,000. The investor wants a 12.00% annual...
Study smarter with the SolutionInn App