FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Atlantic Company sells a product with a break - even point of 5 , 9 0 7 sales units. The variable cost is $ 8

Atlantic Company sells a product with a break-even point of 5,907 sales units. The variable cost is $81 per unit, and fixed costs are $189,024. Determine the:
a. Unit sales price
b. Break-even point in sales units if the company desires a target profit of $50,336 units
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Students also viewed these Accounting questions

Question

An additive model for the Gas prices is: a) What is the value predicted by this model for January 2010 ( ) b) Is there evidence of a cyclic component for these data? Dependent variable is: Gas R...

Answered: 1 week ago

Question

★★★★★
Carter Corporation made sales of $900 million during 2016. Of this amount, Carter collected cash for $871 million. The company's cost of goods sold was $280 million, and all other expenses for the...

Answered: 1 week ago

Question

★★★★★
Ivan borrowed money from an online lending company to buy a motorcycle. he took out a personal loan, amortized loan for $18,000, at an interest rate of 5.8%, with monthly payments for a term of 5...

Answered: 1 week ago

Question

★★★★★
You are setting up an item for a customer for a part you do not stock regularly. Which item type would you use? a ) Non - Inventory b ) Bundle c ) Inventory d ) Service

Answered: 1 week ago

Question

★★★★★
As CIO of BellyBig, a new chain of fast - food restaurants, you are responsible for setting up the information systems infrastructure. Brefly outline your vision for all the components of this...

Answered: 1 week ago

Question

★★★★★
Outdoor Equipment (OE) sells camping equipment. On December 1, the accounts receivable account had a balance of $50,000, the bad debt expense account had a balance of $0, and the allowance for...

Answered: 1 week ago

Question

★★★★★
explore how to reduce employee turnover, absenteeism and the cost turnover has on corporate profits. In the process of researching this topic, look into numerous ways companies have tried to improve...

Answered: 1 week ago

Question

★★★★★
CA3-AUDITING a) Describe the factors you as auditor should considered and the procedures should bee performed prior to acceptance as auditor (10 marks) b) A good system of internal control consists...

Answered: 1 week ago

Question

★★★★★
Can I get some help with these questions A glass is tapered so that it is narrower at the top than at the bottom. The glass is filled using a hose with a constant flow rate of 4 ml per second. Cross-...

Answered: 1 week ago

Previous Question Next Question