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

Question

1 Approved Answer

XYZ company has a selling price of $40, and variable costs of $26 per unit. When 12,000 units are sold, profits equaled $70,000. How many

image text in transcribed
XYZ company has a selling price of $40, and variable costs of $26 per unit. When 12,000 units are sold, profits equaled $70,000. How many units must be sold to break-even? Select one: O a. 8,500 O b.7,000 O c. None of the given answers O d. 5,000 O e. 8,000

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

Accounting Ethics

Accounting Ethics

Authors: Ronald F. Duska, Brenda Shay Duska, Kenneth Wm. Kury

3rd Edition

1119118786, 9781119118787

More Books

Students also viewed these Accounting questions

Question

★★★★★
Illustrations of forms for requisitioning, ordering, and accounting for materials are presented in the chapter. Would you expect these forms, as shown, to be used by all manufacturers? Discuss.

Answered: 1 week ago

Question

★★★★★
Why is it important to classify costs into a cost hierarchy?

Answered: 1 week ago

Question

★★★★★
Consider the continuous sample space = [1, 1000]. For each event A in (A ), we define the probability P(A) to be k1000, where k is the number of integers included in the set A. Then: (i) Show that...

Answered: 1 week ago

Question

★★★★★
1. What do you think of Brad and Barbara's seeking help for Brad's parents? 2. What prompted Richard to seek assistance? Was it only because of Brad and Barbara? 3. What type of financial plan seems...

Answered: 1 week ago

Question

★★★★★
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: The company's variable manufacturing overhead rate...

Answered: 1 week ago

Question

★★★★★
Make comments about the statement: "currencies trading is a kind of zero sum game. Therefore, there is no need of exchange rate risk management". Describe some pros and cons of loan classification by

Answered: 1 week ago

Question

★★★★★
Draw a labelled diagram of the Dicot stem.

Answered: 1 week ago

Question

★★★★★
The magnitude and direction of two forces acting on an object are 50 pounds, S73E, and 110 pounds, N71E, respectively. Find the magnitude, to the nearest hundredth of a pound, and the direction...

Answered: 1 week ago

Question

★★★★★
Level 3: Write a program that alternates between the blue LED1 and red LED2, to simulate an emergency vehicle.

Answered: 1 week ago

Question

★★★★★
The figure shows a mechanism comprising two members AB and BD. Collar C is fastened to the mid point of member BD. If collar C moves freely along the rod with a constant velocity vc = 5 m/s ()....

Answered: 1 week ago

Question

★★★★★
1.A customer requires a hub-and-spoke Auto VPN deployment with two NAT-mode hubs with dual uplink connections and 50 remote sites with a single uplink connection. How many tunnels does each hub need...

Answered: 1 week ago

Question

★★★★★
Assuming that the failure in communication was internal to H&M, how in the future can they present this incident from happening again?

Answered: 1 week ago

Question

★★★★★
How do you rate your ability to read nonverbal communications (e.g., facial expressions, vocal quality, gestures, and posture)? What can you do to improve your ability to understand nonverbal...

Answered: 1 week ago

Question

★★★★★
Which response style do you believe is most commonly used at work? Should the most commonly used response style be reflecting? Why or why not?

Answered: 1 week ago

Previous Question Next Question