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

Question

1 Approved Answer

My sales of $50 per unit, and my variable costs are $30 per unit. Currently my costs are $400 and I want to make a

image text in transcribed
My sales of $50 per unit, and my variable costs are $30 per unit. Currently my costs are $400 and I want to make a profit of $2,000. What is the breakeven in sales assuming a target profit of zero? Select one: a. 666.67 b. 400 c. 2500 d. None of the other answers . e. 1000

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

Managerial Accounting Wileyplus Blackboard Student Package

Managerial Accounting Wileyplus Blackboard Student Package

Authors: Charles E. Davis, Elizabeth Davis

3rd Edition

1119342511, 978-1119342519

More Books

Students also viewed these Accounting questions

Question

★★★★★
Your bank is looking for the lowest cost two year, fixed rate financing. It has decided to issue four consecutive three month Eurodollar time deposits on balance sheet and hedge the future borrowing...

Answered: 1 week ago

Question

★★★★★
OPCIN MULTIPLE 5. Hermantic Inc. puede producir 100 unidades de un componente con los siguientes costos: Materiales directos $45,000 Mano de obra directa $20,000 Gastos indirectos variables $48,000...

Answered: 1 week ago

Question

★★★★★
In many circuits the ground is often the metal case that houses the circuit. Occasionally a failure occurs whereby a wire connected to a particular node touches the case causing that node to become...

Answered: 1 week ago

Question

★★★★★
In order to encourage employee ownership of the company's $1 par common shares, Washington Distribution permits any of its employees to buy shares directly from the company through payroll deduction....

Answered: 1 week ago

Question

★★★★★
My sales of $50 per unit, and my variable costs are $30 per unit. Currently my costs are $400 and I want to make a profit of $2,000. What is the breakeven in sales assuming a target profit of zero?...

Answered: 1 week ago

Question

★★★★★
(a) Given the following data: Based on the data given, calculate the annual cash flows of the project. (5 marks) Arthur operates a part-time auto repair service. He estimates that a new diagnostic...

Answered: 1 week ago

Question

★★★★★
C. July 1 is the end of the company's third quarter of operations, and the company must estimate the fair value of all its contracts, including derivatives, for its quarterly financial statements....

Answered: 1 week ago

Question

★★★★★
Conduct and report an RCA for Long wait times In the Emergency Department in healthcare : A diagram of the clinical or workflow process A fishbone diagram of constraints The steps for improvement,...

Answered: 1 week ago

Question

★★★★★
1. Consider the TCP/IP Protocol Stack and fill in the blank: [1] IP layer is the [2] [3] HTTP is an [4] WiFi is a [5] [6] [7] [9] [10] to destination host. layer layer is layer 1. [12] A layer...

Answered: 1 week ago

Question

★★★★★
Consider this article:...

Answered: 1 week ago

Question

★★★★★
An unbiased die is tossed once. If the face of the die is and odd number, then an unbiased coin is tossed once. If the face of the die is an even number, then the coin is tossed twice. Let the random...

Answered: 1 week ago

Question

★★★★★
recognise typical interviewer errors and explain how to avoid them

Answered: 1 week ago

Question

★★★★★
identify and evaluate a range of recruitment and selection methods

Answered: 1 week ago

Question

★★★★★
understand the role of competencies and a competency framework

Answered: 1 week ago

Previous Question Next Question