A company has total fixed costs of $210,000 and a contribution margin ratio of 35%. How much sales are necessary to break even?
Q: general accounting
A: Step 1: Definition of Total RevenueTotal Revenue refers to the total amount earned by a business…
Q: Can you help me with accounting questions
A: Step 1: Contribution margin is the money left over from sales after paying all variable expenses…
Q: Financial Accounting
A: Step 1: Definition of Payback PeriodThe payback period is the time required for an investment to…
Q: If you give me wrong answer this financial accounting question I will give you unhelpful rate
A: Step 1: Define Return on Common Stockholders' EquityReturn on Common Stockholders' Equity (ROE) is a…
Q: Please given step bye step explanation general Accounting question
A: Step 1: Points Highest point = $5,320 at 3,800 unitsLowest point = $4,250 at 2,500 units Step 2:…
Q: Calculate the return on equity need help
A: Net Income = Return on Assets * Total AssetsNet Income = 12%*5,200,000Net Income = $624,000 Total…
Q: Parker & Associates was recently formed with a $7,500 investment in the company by stockholders…
A: Explanation of Total Assets:Total assets represent the combined value of everything a business owns…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Absorption CostingAbsorption costing includes all manufacturing costs (direct…
Q: Please help financial question solve
A: Key Financials:Total Assets: $2,800,000Total Liabilities: $1,100,000Equity (Calculated as Assets -…
Q: none
A: Step 1: Definition of Fixed and Variable CostsFixed costs remain constant regardless of the…
Q: Manufacturing overhead is
A: Explanation of Manufacturing Overhead:The Manufacturing Overhead consists of all indirect costs…
Q: Hello tutor get solution for this financial accounting question
A: Step 1: Definition of Income from Continuing Operations and Net IncomeIncome from Continuing…
Q: help me to solve this questions.
A: Step 1: Definition of Absorption CostingAbsorption costing is an accounting method where all…
Q: Please help me with this question answer general accounting
A: Step 1:Cash Conversion Cycle:-The cash conversion cycle or cash cycle, is the time taken by a…
Q: correct answer please
A: Step 1: Definition of Manufacturing OverheadManufacturing overhead includes all indirect costs…
Q: General accounting questions
A: Step 1: Definition of Degree of Operating Leverage (DOL)The degree of operating leverage (DOL) is a…
Q: Need help with this question solution general accounting
A: Step 1: Definition of Market Value of EquityThe market value of equity, also known as market…
Q: How much profit does the company
A: To determine the profit or loss from processing one batch of cocoa beans into premium cocoa butter…
Q: Help me please
A: Detailed Solutions to General Accounting Problems Problem 1.1: Cost of Goods Manufactured (COGM):…
Q: What is the COGS
A: Step 1: Recall the gross profit formula.Gross profit = Sales - Cost of goods sold Step 2: Rearrange…
Q: Answer me
A: Part 1: How does business model evolution affect accounting adaptation?Answer: a) Changing…
Q: Simon’s company has net sales of $720,000 and average accounts receivable of $30,000. What is its…
A: Explanation of Accounts Receivable Turnover:Accounts receivable turnover is a financial ratio that…
Q: Subject: general Accounting question
A: Step 1: Define Labor Rate Variance (LRV)Labor Rate Variance (LRV) measures the difference between…
Q: Laura estimates that his car costs $290 per month in fixed expenses, such as insurance and…
A:
Q: A business purchases depreciable equipment for 191 and sells it a few years later for 166. At the…
A: Explanation of Net Book Value (NBV):Net Book Value (NBV) represents the remaining value of an asset…
Q: Please answer the following requirements for these general accounting question
A: Step 1: Define Material Cost VarianceMaterial cost variance (MCV) is the difference between the…
Q: help this answer.
A: Step 1: Definition of Absorption CostingAbsorption costing is a method used in cost accounting where…
Q: Omega Corp. has a material standard of 1.8 pounds per unit of output. Each pound has a standard…
A: Concept of Direct Materials Quantity VarianceThe Direct Materials Quantity Variance measures the…
Q: Provide correct answer financial accounting question
A: Step 1: Define Accounts Receivable TurnoverAccounts receivable turnover measures how many times a…
Q: hello teacher please help me question
A: Step 1: Definition of Variable Costing Operating IncomeVariable costing operating income is…
Q: Solve this financial accounting problem
A: Explanation of Return on Equity (ROE):Return on Equity (ROE) is a financial ratio that measures a…
Q: Derrington Corporation's inventory at the end of Year 2 was $195,000 and its inventory at the end of…
A: Explanation of Average Total Assets: Average Total Assets represent the typical value of a company's…
Q: Subject general accounting
A: Explanation of Return on Assets (ROA):The Return on Assets (ROA) is a financial metric that measures…
Q: Do fast answer of this general accounting question
A: Step 1: Define Predetermined Overhead RateA predetermined overhead rate (POR) is an estimate used to…
Q: Maharaj Garage & Car Supplies sells a variety of automobile cleaning gadgets including a variety…
A: First, we need to prepare a perpetual inventory record using the First In, First Out (FIFO) method.…
Q: help me to solve this answer
A: To calculate the Return on Equity (ROE) for Everest Corp., we use the formula: Understanding the…
Q: (a) A property lease includes a requirement that the premises are to be repainted every five years…
A: (a) Provision for Cost of RepaintingThe lessee's choice to amortize the estimated cost of repainting…
Q: Please solve this question general accounting
A: Step 1: Define Average Days' Sales in Accounts ReceivableThe Average Number of Days' Sales in…
Q: Give me solution with calculation step by step
A: Step 1: Definition of Standard Quantity, Price Variance, and Usage VarianceStandard Quantity Allowed…
Q: Do fast answer of this accounting questions
A: Step 1: Introduction to leasesA lease is defined as a contractual agreement incorporated between two…
Q: can you please give answer this accounting questions
A: Income Tax Expense = Income Taxes Payable + Increase in Deferred Tax LiabilityIncome Tax Expense Y1…
Q: Inappropriate answer will get unhelpful rate
A: PART 1As businesses continues to evolve, their operations, strategies, and structures also undergo…
Q: Maharaj Garage & Car Supplies sells a variety of automobile cleaning gadgets including a variety of…
A: Step 1: (i) Perpetual Inventory Record (FIFO Method)Ending Inventory Value = 26 vacuums × $7,605…
Q: KM Corp. constructed a warehouse at a cost of $32,500,000. Actual interest incurred was $1,250,000,…
A: Explanation of Capitalized Cost:The Capitalized Cost is the total cost of acquiring and preparing an…
Q: Solve this financial accounting problem with solution
A: Step 1: Definition of Interest Tax ShieldThe interest tax shield refers to the reduction in taxable…
Q: account
A: Step 1: Definition of Debt-Equity RatioThe Debt-Equity Ratio measures a company's financial leverage…
Q: Please give me correct answer this financial accounting question
A: Step 1: Define Return on Assets (ROA)Return on Assets (ROA) is a financial ratio that measures a…
Q: A german automotive manufacturing solve this accounting questions
A: Step 1: Definition of Gross MarginGross margin represents the portion of revenue remaining after…
Q: What is the expected average rate of return on financial accounting question?
A: Step 1: Definition of Average Rate of Return (ARR)The Average Rate of Return (ARR) is a financial…
Q: quick answer of this accounting questions
A: Step 1: Definition of MarkupMarkup refers to the percentage increase applied to the cost price of a…
Solve this Accounting problem


Step by step
Solved in 2 steps

- What is the break even sales? ?A company has fixed costs of $320,000 and a contribution margin per unit of $15. If the company wants to earn income of $40,000, how many units must be sold?Currently, a company has fixed costs of P32,500, a contribution ratio of 65%, and is selling its product for P12 per unit. If the sales price per unit is increased by P4, how much less will the break-even point in sales be when compared to the current condition? a.P14,411 b.P13,414 c.P17,500 d.P 5,932
- A company has total fixed costs of $240,000 and a contribution margin ratio of 20%. The total sales necessary to break even are Group of answer choices $1,200,000. $288,000. $960,000. $300,000.What is the contribution margin ratio for yountz company?How do you solve for contribution margin? For general accounting question