Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Mar 24, 2024

selling price of 7 5 , variable cost 3 0 , fixed expenses 2 2 , 5 0 0 . what is the break even

selling price of

75,

variable cost

30,

fixed expenses

22, 500 .

what is the break even point?

Step by Step Solution

★★★★★

3.38 Rating (160 Votes )

There are 3 Steps involved in it

Step: 1

To calculate the breakeven point ... 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

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

Financial Management for Public Health and Not for Profit Organizations

Authors: Steven A. Finkler, Thad Calabrese

4th edition

133060411, 132805669, 9780133060416, 978-0132805667

More Books

Students also viewed these Accounting questions

Question

★★★★★

Lawrence received a salary of $50 on September 1. He plans to repay this advance from his gross wages of $450 to be paid on September 15. What is his taxable income for the September 15 paycheck?

Answered: 1 week ago

Question

★★★★★

Assume a marketing campaign of 100,000 e-mails (at 25 cents per e-mail address). The expected click-through rate is 5%, the customer conversion rate is 10%, and the loyal customer retention rate is...

Answered: 1 week ago

Question

★★★★★

Solve the equation. Give your answer as an integer or a reduced fraction. 2-(-2a + 6) = -2a +9 a =

Answered: 1 week ago

Question

★★★★★

Factor completely. p(p + 2) + p(p + 2) - 6(p + 2)

Answered: 1 week ago

Question

★★★★★

Let f(x) be the generating function for the sequence a0, a1, a2, .... For what sequence is (1 - x)f(x) the generating function?

Answered: 1 week ago

Question

★★★★★

5. Distinguish between cash-value life insurance with a fi xed return and with a variable return.

Answered: 1 week ago

Question

★★★★★

2. Intimate partner violence and stalking are heterogeneous crimes and this should be taken into account during assessment and/or treatment of offenders. Critically discuss.

Answered: 1 week ago

Question

★★★★★

Aussie Travel uses the contribution margin income statement internally. Aussies second quarter results are as follows: Aussies relevant range is sales of between $ 115,000 and $ 680,000. Requirements...

Answered: 1 week ago

Question

★★★★★

The AFN equation and the financial statement-forecasting approach both assume that assets grow at relatively the same rate as sales. However, the relationship between assets and sales is often a...

Answered: 1 week ago

Question

★★★★★

Severo S.A. of Sao Paulo, Brazil, is organized into two divisions. The companys contribution format segmented income statement (in terms of the Brazilian currency, the real, R) for last month is...

Answered: 1 week ago

Question

★★★★★

Assume a parent company owns a 100% controlling interest in its long-held subsidiary. The following excerpts are from the parent's and subsidiary's "stand alone" pre-consolidation income statements...

Answered: 1 week ago

Question

★★★★★

The manager of the Midtown hotel is in the process of redesigning the company's reservation system. The hotel has 300 rooms divided into 200 regular double-bed rooms and 100 luxury rooms. The prices...

Answered: 1 week ago

Question

★★★★★

If a country has a very low per-capita GDP, say around $3,000, would that mean that a seller of luxury products, such as Gucci or Rolls Royce, would not want to sell their products their? Explain.

Answered: 1 week ago

Question

★★★★★

A school reports that 80% of its graduates get jobs within one year. You take a random sample of 57 graduates, of whom 44 got a job within one year. Is this enough evidence to show that a...

Answered: 1 week ago

Question

★★★★★

Identify and explain the weaknesses and strengths of Amanda as a potential leader based on Five practices in the LPI report. Use the link Leadership Practices Inventory (LPI) Study the Leadership...

Answered: 1 week ago

Question

★★★★★

1.Rule 203 of the AICPAs Code of Professional Conduct pertains to a. CPAs independence b. authorities designated to establish accounting standards c. standards of competency d. solicitation of new...

Answered: 1 week ago

Question

★★★★★

On April 1 , 2 0 2 0 , Sheffield Company sold 2 7 , 0 0 0 of its 1 2 % , 1 5 - year, $ 1 , 0 0 0 face value bonds at 9 7 . Interest payment dates are April 1 and October 1 , and the company uses the...

Answered: 1 week ago

Question

★★★★★

An auto-parts manufacturer is considering establishing an engineering computing center. This center will be equipped with three engineering workstations each of which would cost $25,000 and have a...

Answered: 1 week ago

Question

★★★★★

The Millbridge High School Student Association (MHSSA) is planning a fund- raising event for the spring semester. The MHSSA is planning to hire the Dizzy Gillespie Heritage Band as entertainment for...

Answered: 1 week ago

Question

★★★★★

What is meant by exception reporting?

Answered: 1 week ago

Question

★★★★★

Can capital budgets be consolidated into operating budgets to simplify the budget process?

Answered: 1 week ago

Question

★★★★★

Choose one of tire following applications of ERP and determine the benefit of using the software: a. http://www.coss-systems.com, click Infocenter at the top, then click Case Studies, and finally...

Answered: 1 week ago

Question

★★★★★

Describe MRP processing.

Answered: 1 week ago

Question

★★★★★

What is the difference between the treatment of purchased parts and manufactured parts in MRP?

Answered: 1 week ago

Previous Question Next Question