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

Question

1 Approved Answer

If you are facing a fixed start-up cost of Gh 2.73 million and total variable cost of Gh 1.25 million for a project you want

If you are facing a fixed start-up cost of Gh¢ 2.73 million and total variable cost of Gh¢ 1.25 million for a project you want to implement, what is the minimum contribution per unit (rounded to the nearest whole) that will allow you to break even at 130,000 units of production?

Step by Step Solution

★★★★★

3.48 Rating (164 Votes )

There are 3 Steps involved in it

Step: 1

To calculate the minimum contribution per unit required to break even we need to ... 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

Managerial Accounting

Managerial Accounting

Authors: Charles E. Davis, Elizabeth Davis

4th Edition

1119577667, 978-1119577669

More Books

Students also viewed these Finance questions

Question

★★★★★
What is micro economics?

Answered: 1 week ago

Question

★★★★★
The managers of Favourite Fish are considering a new project in which they would purchase equipment to produce canned sardines. You are to perform capital budgeting computations relating to this...

Answered: 1 week ago

Question

★★★★★
It was March 2015, and 442 McAdam (McAdam), a womens designer handbag company that offered a bohemian and equestrian style of design, had moved its operations from Calgary, Alberta, to Toronto,...

Answered: 1 week ago

Question

★★★★★
In the game of chess, if a board position is repeated three times with the same side to move, the side to move can declare a draw. Describe how you could test this condition using a computer program.

Answered: 1 week ago

Question

★★★★★
What is the first step in the writing process for a persuasive message, and why is this step important?

Answered: 1 week ago

Question

★★★★★
What are program revenues and how are they reported in the statement of activities?

Answered: 1 week ago

Question

★★★★★
Of the criticisms of the current DSM described in this chapter, which seem most and least legitimate?

Answered: 1 week ago

Question

★★★★★
Explain why a state has regulatory authority over a not-for-profit organization. When does the federal government have regulatory authority over a not-for-profit organization?

Answered: 1 week ago

Question

★★★★★
A 25-year year, $1,000 par value bond has an 8.5% annual coupon. The bond currently sells for $875. If the yield to maturity remains at its current rate, what will the price be 5 years from now?

Answered: 1 week ago

Question

★★★★★
7. Copper Mines, Inc (CMI) . purchased property for the purpose of extracting copper ore. CMl paid $3,500,000 for the property plus $100,000 closing costs. CMl estimates it will be able to extract...

Answered: 1 week ago

Question

★★★★★
Show me some pictures of some objective of using probability proportional to size sampling (PPS) to test account balances. How do an individual use PPS to test account balances and what is the...

Answered: 1 week ago

Question

★★★★★
ASSIGNMENT: For this assignment, you will serve in the hypothetical role of HR Specialist and external consultant who is tasked with developing a performance evaluation strategy for the job on which...

Answered: 1 week ago

Question

★★★★★
this final course assignment, you are going to assemble all elements of your hypothetical business that you have been working on throughout the course into one thoughtfully planned portfolio. This...

Answered: 1 week ago

Question

★★★★★
Answer.... The article "The Influence of Temperature and Sunshine on the Alpha-Acid Contents of Hops"t reports the following data on yield (y), mean temperature over the period between date of coming...

Answered: 1 week ago

Question

★★★★★
Cuban Investors buys real estate, develops it, and resells it for a profit. A new property is available, and Mark Cuban, the president and owner of Cuban Investors, believes it can be sold for...

Answered: 1 week ago

Question

★★★★★
Bowling Green Financial is preparing its Budgeted Income Statement for next year. Bowling Green Financial has collected the following information about this statement: Sales for next year total...

Answered: 1 week ago

Question

★★★★★
6. Calculate the ultimate BOD in ppm and k in /day. ( 30 points)

Answered: 1 week ago

Question

★★★★★
Use the method of Example 4.29 to compute the indicated power of the matrix. 1 0 1

Answered: 1 week ago

Question

★★★★★
How can an employees unethical behavior affect an organization?

Answered: 1 week ago

Question

★★★★★
All else held equal, what three actions can a manager take to improve a divisions ROI?

Answered: 1 week ago

Question

★★★★★
Metro Industries is considering the purchase of new equipment costing $1,500,000 to replace existing equipment that will be sold for $150,000. The new equipment is expected to have a $220,000 salvage...

Answered: 1 week ago

Question

★★★★★
=+a. Predict the value of energy content when plastics is 17.03, paper is 23.46, garbage is 32.45, and water is 53.23. Also determine the corresponding residual.

Answered: 1 week ago

Question

★★★★★
=+b. What proportion of observed variation in energy content can be explained by the approximate relationship between energy content and the four predictors?

Answered: 1 week ago

Question

★★★★★
=+a. Would a straight line fit to this data give accurate predictions of viscosity?

Answered: 1 week ago

Previous Question Next Question