Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 30, 2024

If fixed cost are $24,000 and the variable cost rate is 60% for a product that sells for $12, what is the break-even point in

If fixed cost are $24,000 and the variable cost rate is 60% for a product that sells for $12, what is the break-even point in units? 5,000 6,000 8,333 12,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions

Question

White women are much more likely than Black and Latina women to feel dissatisfied with their body image. True or False

Answered: 1 week ago

Question

★★★★★

Doxey Company purchased a machine on January 1, 2011, for $1,250,000 for the express purpose of leasing it. The machine was expected to have a 9-year life from January 1, 2011, no salvage value , and...

Answered: 1 week ago

Question

★★★★★

Help please! Do It! Review 23-2 Your answer is partially correct. Try again Pargo Company is preparing its master budget for 2017. Relevant data pertaining to its sales, production, and direct...

Answered: 1 week ago

Question

★★★★★

All modern thinking executives agree that there is no existing set of best pay practices that can be applied universally across situations. Group startsTrue or False

Answered: 1 week ago

Question

★★★★★

Finally, 21st Century is also considering Project Z Project Z has an up-front after-tax cost of $500,000, and it is expected to produce after-tax cash flows of $100,000 at the end of each of the next...

Answered: 1 week ago

Question

★★★★★

2. A liquid is heated in a lab using a hot plate. The graph of temperature vs. time is as follows. Temperature of Solution Temperature (C) 888R 8 8 8 8 8 9 110 200 10 20 40 50 60 70 90 Time (min)...

Answered: 1 week ago

Question

★★★★★

3. Develop a database program that creates a database named cities.db. The cities.db database must have a table named Cities, with the following columns: Column Name Data Type I Attributes City Name...

Answered: 1 week ago

Question

★★★★★

Prior to the Holiday season, Toys-R-Us would increase their on-hand inventory levels. What is the rational for this (see chapter 9)? What are some of the reasons why Toys-R-Us would not purchase more...

Answered: 1 week ago

Question

★★★★★

Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 275 units from the January 30 purchase, 5 units...

Answered: 1 week ago

Previous Question Next Question