Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 14, 2024

Can someone explain how to answer this step by step, with the formulas? Piazza Corp has sales of $400,000, a contribution margin ratio of 40%,

Can someone explain how to answer this step by step, with the formulas?

Piazza Corp has sales of $400,000, a contribution margin ratio of 40%, and a profit of $40,000. If 20,000 units were sold, what is the break-even point in units?

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

Accounting for Decision Making and Control

Authors: Jerold Zimmerman

9th edition

125956455X, 978-1259564550

More Books

Students also viewed these Accounting questions

Question

★★★★★

Explain how the current account of the balance of payments is likely to vary with the course of the business cycle.

Answered: 1 week ago

Question

★★★★★

9. Power can be calculated by a knowledge of: (a) The statistical test, the type of design and the effect size (b) The statistical test, the criterion significance level and the effect size (c) The...

Answered: 1 week ago

Question

★★★★★

Using the large sample confidence interval formula for ???????? ????????, compute a (a) 95% confidence interval for ???????? ???????? when ???????? = 50, ???????? = 50, ???????? = 0.32, and...

Answered: 1 week ago

Question

★★★★★

The Paris Corp. incurred $3,600,000 of research cost and $800,000 of development cost during the current year. Required a. Determine the amount of expense recognized on its income statement assuming...

Answered: 1 week ago

Question

★★★★★

On February 1, the home mortgage balance was $285,000 for the home owned by Alice Miller. The interest rate for the loan is 6.1 percent. Assuming that Alice makes the February monthly mortgage...

Answered: 1 week ago

Question

★★★★★

Waterways Corporation is preparing its budget for the coming year, 2020. The first step is to plan for the first quarter of that coming year. The company has gathered information from its managers in...

Answered: 1 week ago

Question

★★★★★

1. [-17.14 Points] MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The water in the plumbing in a house is at a gauge pressure Df 270,000 Pa. What force does this cause an the top of the tank inside a...

Answered: 1 week ago

Question

★★★★★

Fitzgerald Industries has a new project available that requires an initial investment of $4.6 million. The project will provide unlevered cash flows of $835,000 per year for the next 20 years. The...

Answered: 1 week ago

Question

★★★★★

According to Dib (2022), "Sustainable aviation fuel production contributes to ending hunger and malnutrition by promoting resilient agricultural practices that improve productivity and output. The...

Answered: 1 week ago

Question

★★★★★

The post-closing trial balance at 30 June 2020 of Payneham Professional Services is shown below. Transactions completed during the year ended 30 June 2021 are summarised below: 1. Collections on...

Answered: 1 week ago

Question

★★★★★

A B C 1) An object moves along the line from point 1 to point 2 in time t. 2 a) Suppose that the object is speeding up. Which of the labeled points A, B, or C could correspond to the location of the...

Answered: 1 week ago

Question

★★★★★

Harry Hype has $5,000 to spend on advertising a new kind of dehydrated sushi. Market research shows that the people most likely to buy this new product are recent recipients of M.B.A. degrees and...

Answered: 1 week ago

Question

★★★★★

A style is somewhat flexible as long as flexibility does not prevent the party from attaining his or her goals and is also moderately disclosive. A. Comprising B. Accommodating C. Avoiding D....

Answered: 1 week ago

Question

★★★★★

6. Identify a core value that is important to you and that you would like to strengthen in yourself. Write down this core value. Then complete the follow-ing sentence: This core value is important to...

Answered: 1 week ago

Question

★★★★★

13. In the statements below, put a cross for the statement you feel characterizes yourself best when you communicate with others. Its not necessarily the way you know you should communicate, but the...

Answered: 1 week ago

Question

★★★★★

8. What values do you want others to associate you with?

Answered: 1 week ago

Previous Question Next Question