A company manufactures and sells a product for $120 per unit. The company's fixed costs are $68,760, and its variable costs are $90 per unit. The company's break-even point in units is a. 2,292 b. 573 c. 764 d. 327 e. 840
Q: what is its leval of inventory ? accounting
A: Step 1: Definition of Quick RatioThe quick ratio (also known as the acid-test ratio) measures a…
Q: I need the correct answer to this general accounting problem using the standard accounting approach.
A: Step 1: Definition of Operating Leverage FactorOperating leverage refers to the degree to which a…
Q: I am looking for the correct answer to this general accounting problem using valid accounting…
A: Step 1: Definition of Cash BalanceCash Balance refers to the amount of money available in a…
Q: I am searching for the accurate solution to this general accounting problem with the right approach.
A: Step 1: DefinitionsConcept of Direct Labor Cost:Direct labor cost refers to the wages paid to…
Q: Bravura Motors started the year with total assets of $410,000 and total liabilities of $265,000.…
A: Step 1: DefinitionsConcept of Stockholders' Equity:Stockholders' equity represents the owners' claim…
Q: Please explain the solution to this financial accounting problem with accurate explanations.
A: Step 1: Definition of Net IncomeNet Income is the profit a company earns after deducting all…
Q: I need the correct answer to this general accounting problem using the standard accounting approach.
A: To find the selling price per unit, we need to use the contribution margin (CM) formula and work…
Q: HELP
A: To determine differential revenue: Differential revenue = $57,000 Working notes: Domestic sales…
Q: Can you help me solve this general accounting problem using the correct accounting process?
A: To calculate the Capital Gains Yield (CGY), use this formula: CGY = (Selling Price - Purchase Price)…
Q: Quick answer of this accounting question
A: Step 1: Definition of Total Manufacturing CostsTotal Manufacturing Costs are the total expenses…
Q: Hii teacher please provide for General accounting question answer do fast
A: Step 1: Define Receivables Turnover RatioThis ratio measures how efficiently a company collects cash…
Q: Hello tutor please help me accounting question
A: Step 1: Definition of Asset Turnover RatioThe Asset Turnover Ratio measures how efficiently a…
Q: Calculate net sales for this period
A: Explanation of Cash Sales:Cash sales refer to transactions where the customer pays immediately at…
Q: Stockholders' equity at the end of the year was ____.
A: Definition of Stockholders' Equity:Stockholders' equity represents the residual interest in a…
Q: Right answer
A: Explanation Of Materiality: Materiality in accounting refers to the significance of a financial item…
Q: I need assistance with this general accounting question using appropriate principles.
A: Step 1: Definition of Stockholders' EquityStockholders' equity is the residual interest in the…
Q: Please provide the solution to this financial accounting question using proper accounting…
A: Concept of Owner's Equity:Owner's equity represents the owner's residual interest in the company…
Q: I need help
A: Step 1: Definition of Degree of Operating Leverage (DOL)Degree of Operating Leverage (DOL) is a…
Q: General Accounting
A: Step 1: Definition of Break-Even PointThe Break-Even Point is the level of sales at which total…
Q: Accounting question
A: Step 1:1) Computation of net income to be earned under the first alternative. We have,Selling price…
Q: Can you help me solve this general accounting question using valid accounting techniques?
A: Step 1: Definition of Bad Debt ExpenseBad debt expense is the amount of accounts receivable that is…
Q: Hello tutor please solve this problem
A: To calculate the adjusted Cost of Goods Sold (COGS) on the Schedule of Cost of Goods Sold, follow…
Q: Lawrence Manufacturing is working on Job 882, which requires $11,250 of direct materials, $6,400 of…
A: To compute the total cost of Job 882, we need to sum: Direct MaterialsDirect LaborApplied…
Q: Quick answer of this accounting
A: A company holds a $120,000, 6%, 4-month note receivable dated March 15. To calculate the maturity…
Q: Financial accounting
A: To calculate Cost of Goods Sold (COGS), use this formula: COGS = Beginning Inventory + Net Purchases…
Q: I am looking for the correct answer to this general accounting problem using valid accounting…
A: Step 1: Definition of Net IncomeNet income refers to the amount of money a company earns during a…
Q: Financial Accounting
A: To calculate the ending inventory using the weighted-average inventory method, follow these steps:…
Q: Can you explain the correct approach to solve this general accounting question?
A: Step 1: Definition of Applied OverheadApplied overhead is the amount of overhead cost assigned to…
Q: Financial Accounting Question
A: Step 1: Define Capital ImprovementsCapital improvements are expenditures that add value to an asset,…
Q: Please provide the correct answer to this general accounting problem using accurate calculations.
A: Step 1: Definition of Gross ProfitGross profit is the difference between a company's revenue and the…
Q: What is Arbor's assets turnover for 2024 ?
A: To calculate Arbor's asset turnover for 2024, you'll need the following formula:Asset Turnover = Net…
Q: I need help finding the accurate solution to this financial accounting problem with valid methods.
A: Step 1: Definition of Net IncomeNet income is the amount of profit a company earns during a specific…
Q: Can you demonstrate the accurate steps for solving this financial accounting problem with valid…
A: To calculate gross profit and gross profit ratio, use the following formulas: 1. Gross ProfitGross…
Q: Please provide the correct answer to this general accounting problem using valid calculations.
A: Step 1: Definition of Unit Variable CostUnit variable cost refers to the cost per unit that varies…
Q: Can anyone figure this out, I keep getting the wrong answers? The president of your company,…
A: Formula for Net Operating Cash Flow:For each year:Net Operating Cash Flow = (Savings − Taxes) +…
Q: what is summit's days sales uncollected?
A: Step 1: Definition of Days Sales UncollectedDays Sales Uncollected (also called days sales…
Q: General Accounting
A: Calculate total cost and total units purchasedPurchases:120 units at $40 each = $4,800180 units at…
Q: If the project's cost of capital is 11%, what is the NPV of the project? What is the Year-0 net…
A: NPV Formula:NPV=∑((Cash Flowt/1+r)^t)−Initial Investment Where:r=0.11t=year Step-by-step…
Q: John Inc. doubled its amount of assets from the beginning to the end of the year. Liabilities at the…
A: Explanation of Assets:Assets are everything a business owns that has economic value and can be used…
Q: Kindly help me with this General accounting questions not use chart gpt please fast given solution
A: Step 1: DefinitionDebt Ratio: Measures what percentage of total assets is financed through…
Q: I want answer with all working format
A: Concept of Fixed Costs:Fixed costs are business expenses that remain constant regardless of how much…
Q: Please give me answer with accounting
A: Step 1: Definition of Fixed Manufacturing CostFixed Manufacturing Costs are production expenses that…
Q: Please provide the solution to this financial accounting question with accurate financial…
A: To calculate the operating margin, use the formula: Operating Margin = (Net Operating Income /…
Q: I am trying to find the accurate solution to this general accounting problem with the correct…
A: Step 1: Calculate total cost and total units purchasedFebruary 1 purchase: 120 units at $40 each =…
Q: What is the absorption costing unit product cost for the month
A: Concept of Direct MaterialsDirect materials are the raw materials that are directly traceable to the…
Q: Please provide the answer to this general accounting question with proper steps.
A: To compute gross profit, we use the formula: Gross Profit = Sales Revenue - Cost of Goods Sold…
Q: If Radian Enterprises has revenue = $160 and variable cost = 40% of revenue, then contribution…
A: Step 1: DefinitionsConcept of Revenue:Revenue is the total amount of money a company earns from…
Q: managerial accounting
A: Step 1: Definition of Rate of ReturnThe Rate of Return (RoR) is the percentage gain or loss an…
Q: General Accounting Question
A: Step 1: Definition of Weighted-Average Inventory Method:The Weighted-Average Inventory Method is a…
Q: What was the income from operations?
A: To calculate income from operations, you can use the contribution margin income statement format:…
I need help with this general accounting question using the proper accounting approach.
Step by step
Solved in 2 steps
- Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings total annual fixed costs are 38,400. If operating income last year was 28,800, what was the number of units Starling sold? a. 4,800 b. 6,400 c. 5,600 d. 11,200The company's break even point in units is ????The company's break even point in units is ???? Accounting
- What is the unit variable cost on these general accounting question?What is the unit variable cost of the general accounting question?YZ Manufacturing Company produces two products, Y and Z. The following information is presented for both products: Y Quantity sold 2,500 7,500 Selling price per unit $50 $20 Variable cost per unit 5 20 Total fixed costs are $150,000. What is the breakeven point in units of both Y and Z respectively? NI
- Zest, Inc. produces a product that has a variable cost of $16 per unit. The company's fixed costs are $66,000. The product sells for $30 a unit and the company desires to earn a $44,000 profit. What is the volume of sales in units required to achieve the target profit? a. 5,000 b. 7,858 c. 8,333 d. 12,500. Need answerA company sells a product which has a unit sales price of $10, unit variable cost of $6 and total fixed costs of $310000. The number of units the company must sell to break even is 51667 units. 310000 units. 77500 units. 31000 units.Crane Corporation has fixed costs of $226800 and variable costs of $8.50 per unit. It has a target income $337680. How many units must it sell at $12 per unit to achieve its target net income? a.64800 units. b.161280 units. c.26682 units. d.96480 units.
- Brissett Corporation makes three products that use the current constraint, which is a particular type of machine. Data concerning those products appear below: GK LQ XK Selling price per unit $ 326.11 $ 543.37 $ 519.00 Variable cost per unit $ 252.05 $ 420.86 $ 397.71 Time on the constraint (minutes) 4.00 8.00 8.00 Required: a. Rank the products in order of their current profitability from the most profitable to the least profitable. In other words, rank the products in the order in which they should be emphasized. b. Assume that sufficient constraint time is available to satisfy demand for all but the least profitable product. Up to how much should the company be willing to pay to acquire more of the constrained resource? (Round your answer to 2 decimal places.) A. GK LG QX B. Maximun AmountBrissett Corporation makes three products that use the current constraint, which is a particular type of machine. Data concerning those products appear below: GK LQ XK Selling price per unit $ 326.09 $ 543.35 $ 518.00 Variable cost per unit $ 252.04 $ 420.85 $ 397.70 4.10 8.10 8.00 Time on the constraint (minutes) Required: 1. Rank the products in order of their current profitability from the most profitable to the least profitable. In other words, rank the products in the order in which they should be emphasized. 2. Assume that sufficient constraint time is available to satisfy demand for all but the least profitable product. Up to how much should the company be willing to pay to acquire more of the constrained resource? (Round your answer to 2 decimal places.)A company's product sells at $12.22 per unit and has a $5.33 per unit variable cost. The company's total fixed costs are $96,900. The break-even point in units is: Multiple Choice 5,125. 7,930. 14,064. 7,032. 18,180.