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

Question

1 Approved Answer

Break-Even Analysis $302 $208.38 Average price of each product/service sold: Average cost of each product/service to make/deliver (variable cost): Fixed cost for the year: $298,000

image text in transcribed

Break-Even Analysis $302 $208.38 Average price of each product/service sold: Average cost of each product/service to make/deliver (variable cost): Fixed cost for the year: $298,000 Use the information provided above to calculate the break-even analysis for your company. (3 marks) Round answers to the nearest whole number. Percentage of price that is contribution margin: Number of units sold needed to break-even: Total sales needed to break-even

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

GAO Financial Audit Manual Volume 2 Updated March 2021

GAO Financial Audit Manual Volume 2 Updated March 2021

Authors: United States Government GAO

2021 Edition

B091WM9DZW, 979-8733082875

More Books

Students also viewed these Accounting questions

Question

★★★★★
Calculate the expected return and variance of portfolios invested in T-bills and the S&P 500 index with weights as follows: W bills.............. W index 0 ..........................1.0...

Answered: 1 week ago

Question

★★★★★
10.69 [EX10-069] MINITAB was used to complete a t-test of the difference between the two means using the following two independent samples. Sample 1 33.7 21.6 32.1 38.2 33.2 35.9 34.1 39.8 23.5 21.2...

Answered: 1 week ago

Question

★★★★★
=+1. How would you reconcile this electoral outcome with the glass cliff effect?

Answered: 1 week ago

Question

★★★★★
1. What stage of the product life cycle are these products currently in? 2. Discuss the factors HP Hewlett-Packard and other tech companies should consider when conducting the business analysis for a...

Answered: 1 week ago

Question

★★★★★
Break-Even Analysis $302 $208.38 Average price of each product/service sold: Average cost of each product/service to make/deliver (variable cost): Fixed cost for the year: $298,000 Use the...

Answered: 1 week ago

Question

★★★★★
Evaluate the following statement using economic reasoning: "A monopolist can charge whatever she wants because she is the only source available."

Answered: 1 week ago

Question

★★★★★
Justify whether the following limit exists. The notation (x, y)(xo, yo)+ indicates that approaches the 20 from the positive side of x0 , and that y approaches to from the positive sied of ...

Answered: 1 week ago

Question

★★★★★
Select all that apply Which of the following are true of monitoring process outcomes? Multiple select question. Process outcomes fluctuations caused by something systematic in the process are...

Answered: 1 week ago

Question

★★★★★
On January 1, 2022, Pastel Inc. (Pastel) purchased 97,500 voting shares of Sunny Corporation (Sunny) for $253,500. Sunny has 150,000 outstanding voting. On that date, Sunny's common shares and...

Answered: 1 week ago

Question

★★★★★
The Plastics Division of Minock Manufacturing currently earns $2.86 million and has divisional assets of $26 million. The division manager is considering the acquisition of a new asset that will add...

Answered: 1 week ago

Question

★★★★★
Lauderdale Corporation is organized in three geographical divisions (regions) with managers responsible for revenues, costs, and assets in their respective regions. The firm is highly decentralized...

Answered: 1 week ago

Question

★★★★★
Prepare a targeted rsum in chronological format to apply for one of the positions you found on the Internet in Application Exercise 7.Partner with a classmate to proofread each others rsum. Submit...

Answered: 1 week ago

Question

★★★★★
In this Application Exercise, you will be doing the groundwork for an oral presentation to your classmates. First, identify which of the presentation topics listed below you will use. Second, analyze...

Answered: 1 week ago

Question

★★★★★
Teamwork. Technology. Global. Each member in a group of three should locate an article related to some aspect of global business or business communication. Randomly assign the style (manuscript,...

Answered: 1 week ago

Previous Question Next Question