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

Question

1 Approved Answer

Your line of mechanical pencils has monthly fixed costs of $28250; each pencil has a variable cost of $1.93. What is the break even point

image text in transcribed
Your line of mechanical pencils has monthly fixed costs of $28250; each pencil has a variable cost of $1.93. What is the break even point of these pencils sell of $3.20 each? Your

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

Working Conditions And Factory Auditing In The Chinese Toy Industry

Working Conditions And Factory Auditing In The Chinese Toy Industry

Authors: Congressional-Executive Commission On China

1st Edition

ISBN: 1508726515, 978-1508726517

More Books

Students also viewed these Accounting questions

Question

★★★★★
With respect to the following, how does the tax treatment applied to a joint venture differ from that for a partnership? (a) Determination of capital cost allowance. (b) Active business income...

Answered: 1 week ago

Question

★★★★★
=+ 2. Explain how each of the following events affects the monetary base, the money multiplier, and the money supply.

Answered: 1 week ago

Question

★★★★★
What combination of underlying shares and options is permissible in hedge accounting?

Answered: 1 week ago

Question

★★★★★
You are planning to invest $2,500 today for three years at a nominal interest rate of 9 percent with annual compounding. a. What would be the future value (FV) of your investment? b. Now assume that...

Answered: 1 week ago

Question

★★★★★
What if Clapton Company in Example 9-1 changed their desired ending inventory level to equal 17% of next quarter's budgeted sales instead of 20%. How many budgeted units would be produced in the 3rd...

Answered: 1 week ago

Question

★★★★★
Subject: Business Income vs. Capital Gain During 2020, Sandra Von Arb acquired a four-unit apartment building for $230,000. While it was her intention to operate the buildings as a rental property,...

Answered: 1 week ago

Question

★★★★★
You decide that you d like to have someone accompany you to the meeting with Cynthia. Motivated by the communications principle of credibility, which of the following people would make the best...

Answered: 1 week ago

Question

★★★★★
A part on an instrument that is sticky or resistant may indicate: Group of answer choices Bioburden Misalignment The need for lubrication All of the above

Answered: 1 week ago

Question

★★★★★
Identify tangible and intangible assets that are unique to Brookdale University Hospital Medical Center or give it competitive advantage and explain how each can be a strength or weakness for the...

Answered: 1 week ago

Question

★★★★★
An analysis of a company's estimated liability account revealed the following information: Balance March 1, 2023: Balance March 31, 2023: $14,200 15,960 Sales of product with 2-year warranty:...

Answered: 1 week ago

Question

★★★★★
The case in question is 1079268 Ontario Inc. v. GoodLife Fitness Centres Inc., [2017] ONCA 12. How does the Ontario Court of Appeal decide the case? Who "wins" and who "loses"? . How does the court...

Answered: 1 week ago

Question

★★★★★
3. What management, organization, and technology issues should be addressed in deciding whether to use a conventional CRM system versus a cloud-based version? Salesforce.com is the most successful...

Answered: 1 week ago

Question

★★★★★
9-8 Mercedes-Benz Retail Group UK Ltd, with a network of 18 retail sites, nine used car sites, and seven smart centers across London, Birmingham and Manchester, wanted to learn more about its...

Answered: 1 week ago

Question

★★★★★
8-18 Describe four reasons why mobile devices used in business are difficult to secure.

Answered: 1 week ago

Previous QuestionNext Question