Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 28, 2024

1, Marigold Corp. sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs total $120000. What sales are needed by

1, Marigold Corp. sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs total $120000. What sales are needed by Marigold to break even?

$160000.

$360000.

$300000.

$480000.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Text Only

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

5th Edition

0006575404, 978-0006575405

More Books

Students also viewed these Accounting questions

Question

★★★★★

Wilburton Riding Stables provides stables, care for animals, and grounds for riding and showing horses. The account balances at the beginning of 2019 were: During 2019, the following transactions...

Answered: 1 week ago

Question

★★★★★

Write a program that animates quadratic probing, as shown in Figure 27.5. You can change the initial size of the hash-table in program. Assume the load-factor threshold is 0.75. Firefox...

Answered: 1 week ago

Question

★★★★★

How would you respond to each of the girls?

Answered: 1 week ago

Question

★★★★★

The Watson Foundation, a private not-for-profit organization, starts the year with cash of $100,000, pledges receivable (net) of $200,000, investments of $300,000, and land, buildings, and equipment...

Answered: 1 week ago

Question

★★★★★

Ronaldo de Assis Moreira lives in Porto Alegre, Brazil. During the 2016 Summer Olympics he met Ivan Zamorano from Chile. Over the summer break, Ronaldo decides to visit Ivan in Santiago de Chile for...

Answered: 1 week ago

Question

★★★★★

After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $748,597 and Allowance for Doubtful Accounts has a balance of $19,002. What is the net...

Answered: 1 week ago

Question

★★★★★

A worker views leisure and income as "goods" and has an opportunity to work at an hourly wage of $16 per hour. a. The worker's opportunity set in a given 24-hour period is illustrated below.What are...

Answered: 1 week ago

Question

★★★★★

Question 26 [2 points} Using expansionary policies to combat a recession would 0 increase a budget deficit. 0 increase a budget surplus. 0 decrease discretionary spending. 0 increase federal revenue....

Answered: 1 week ago

Question

★★★★★

To analyze a complex negotiation (work, personal, or historical) To apply negotiation course concepts in your analysis. These objectives, while straightforward, are critical to your learning....

Answered: 1 week ago

Question

★★★★★

What Would You Do? Michael Michael is a student in your fifth-grade class. His father passed away in an automobile accident last year. Before his father's death Michael always did well in school and...

Answered: 1 week ago

Question

★★★★★

Exercise 8-23 (Algo) Preparing a balance sheet LO P1, P3, P4 Selected accounts from Gregor Company's adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet....

Answered: 1 week ago

Question

★★★★★

3.1 Given A = 3E1, E3, E6, E94 , define A.

Answered: 1 week ago

Question

★★★★★

3.5 A corporation takes delivery of some new machinery that must be installed and checked before it becomes available to use. The corporation is sure that it will take no more than 7 days for this...

Answered: 1 week ago

Question

★★★★★

An investor follows the Dow Jones Industrial index. What are the possible basic outcomes at the close of the trading day?

Answered: 1 week ago

Previous Question Next Question