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

Question

1 Approved Answer

During FY 2019, Dorchester Company plans to sell Widgets for $15 a unit. Current variable costs are $6 a unit and fixed costs are expected

image text in transcribed
During FY 2019, Dorchester Company plans to sell Widgets for $15 a unit. Current variable costs are $6 a unit and fixed costs are expected to total of $141,000. Use this information to determine the dollar value of sales for Dorchester to breakeven. (Round to the nearest whole dollar)

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_2

Step: 3

blur-text-image_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

Rethinking Public Private Partnerships

Rethinking Public Private Partnerships

Authors: Mervyn K. Lewis

1st Edition

1789906393, 9781789906394

More Books

Students also viewed these Accounting questions

Question

★★★★★
A gaseous mixture of 30 percent (by mole fraction) methane and 70 percent carbon dioxide is heated at 1 atm pressure to 1200 K. What is the equilibrium composition (by mole fraction) of the resulting...

Answered: 1 week ago

Question

★★★★★
The purchasing power P of a fixed income of $30,000 per year (such as a pension) after t years of 4% inflation can be modeled by P = 30,000 (1.04) -t Find the purchasing power (to the nearest dollar)...

Answered: 1 week ago

Question

★★★★★
Let X, Y1,..., Yn be independent exponential random variables; X having rate , and Yi having rate . Let Aj be the event that the jth smallest of these n + 1 random variables is one of the Yi . Find p...

Answered: 1 week ago

Question

★★★★★
Jerrys Tree Services is trying to raise debt funds from a prospective venture investor, SureWay LLC. SureWay indicated to Jerry Lau that the annual interest rate on risky venture loans is currently...

Answered: 1 week ago

Question

★★★★★
\ table [ [ , Prior Year Current Year, ] , [ Accounts payable, 3 , 1 2 8 . 0 0 , 5 , 9 5 8 . 0 0

Answered: 1 week ago

Question

★★★★★
A structured walkthrough penetration test of a fictional company, Artemis, Incorporated (Artemis). A structured walkthrough is an organized procedure for a group of peers to review and discuss the...

Answered: 1 week ago

Question

★★★★★
Last year UltraBeauty had sales of $300,000 and a net income of $15,000, and its year-end assets were $400,000. The firm's total-debt-to-total-assets ratio was 40.0%. Based on the DuPont equation,...

Answered: 1 week ago

Question

★★★★★
A gas sample occupies a volume 5 ft3 a pressure of 30 psi and a temperature of 70F. What will be its volume if the pressure decreases to 15 psi and the temperature remains at 70F? Give answer to 2...

Answered: 1 week ago

Question

★★★★★
You are a consultant who's been asked to install a new server for a small business. Before you begin the installation process, make a checklist of information you should obtain before beginning the...

Answered: 1 week ago

Question

★★★★★
What can I improve with this policy? The objectives of this policy are to: achieve a safe workplace with zero harm to the environment; ensure a permanent Environment, Health and Safety (EHS) presence...

Answered: 1 week ago

Question

★★★★★
A machine with a cost of $64,008 has an estimated residual value of $4,747 and an estimated life of 6 years or 18,419 hours. It is to be depreciated by the units-of-activity method. What is the...

Answered: 1 week ago

Question

★★★★★
As we discussed in Module 2, the OWASP Foundation has developed a vulnerable web application called WebGoat that demonstrates common web application flaws and allows students to gain experience in...

Answered: 1 week ago

Question

★★★★★
4. What themes unify areas of study within the fi eld of communication?

Answered: 1 week ago

Question

★★★★★
How would your communication differ if you acted according to a linear model of communication, as opposed to a transactional one? Apply what youve learned in this chapter by analyzing the following...

Answered: 1 week ago

Question

★★★★★
3. What areas of study and teaching compose the discipline of communication today?

Answered: 1 week ago

Previous Question Next Question