A company sells its product for $33 per unit, with variable costs of $18 per unit and fixed costs totaling $4,500. How many units must it sell to break even? Accounting
Q: Need help with this question solution general accounting
A: Step 1: Identify the Formula:• Average Collection Period (days) = (Average Accounts Receivable ÷ Net…
Q: What is the company's price earnings ratio on these general accounting question?
A: Step 1: Define Price-Earnings (P/E) RatioThe Price-Earnings (P/E) Ratio is a valuation ratio that…
Q: General Accounting Question need help
A: Step 1: Define Selling Price with MarkupThe selling price with markup refers to the price at which a…
Q: Please given correct solution this question general accounting
A: Step 1: Define Accounts Receivable TurnoverAccounts receivable turnover is calculated as net credit…
Q: General Accounting Question please solve
A: Approach to solving the question: For better clarity of the solution, I have provided the…
Q: Valley corporation aquired solution general accounting question
A: Step 1: Definition of Warehouse CostThe cost of acquiring an asset, such as a warehouse, is recorded…
Q: Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value…
A: To calculate the ending inventory value under the lower-of-cost-or-net realizable value (LCNRV)…
Q: What was company a's net income?
A: Step 1: Define Net IncomeA firm's net income is a financial result generated during the year after…
Q: Please provide this question solution general accounting
A: Step 1: Define Total Job CostIn a job-order costing system, the total job cost is the sum of the…
Q: Get Correct general account answer
A: To calculate Logan Company's equity at the end of the year, we use the accounting equation:…
Q: Use the following data to determine the amount that total inventory should be reported on the…
A: Step 1: Understand the RuleFor each commodity, compare the unit cost price and unit net realizable…
Q: A supplier has offered to provide the components solve this accounting questions
A: Step 1: Definition of Receivables Turnover and Average Collection PeriodReceivables Turnover: This…
Q: Calculate it's opreting cash flow? General accounting
A: Step 1: Definition of Operating Cash Flow (OCF)Operating Cash Flow (OCF) is the cash generated by a…
Q: Mason industries coputes its plantwide solve this accounting questions
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is a rate used to…
Q: Describe the competitive landscape for a startup Accounting Firm. Who are the key competitors…
A: The competitive landscape for a startup accounting firm is quite diverse and challenging. The key…
Q: Hii expert please given correct answer general accounting question
A: Step 1: Define SalesTotal sales is the amount of revenue generated by the business by selling goods…
Q: General account
A: The correct answer is:d. Absorption costing Explanation:Absorption Costing:This method is required…
Q: General Accounting
A: Step 1: Define Overhead AllocationManufacturing overhead is allocated as costs of inventories using…
Q: Please help me
A: Understanding Cash-Basis AccountingIn cash-basis accounting, revenues are recorded when cash is…
Q: I won't to this question answer general accounting
A: Given:Annual interest rate = 12% per annum compounded quarterlyEffective quarterly interest rate (r)…
Q: Please provide correct answer financial Accounting
A: Step 1: Define Cost of Goods SoldA business incurs various costs to prepare its merchandise to be…
Q: ABC Company produces a single product. Operating data for the company and its absorption costing…
A: To prepare an income statement using variable costing, we only include variable production costs in…
Q: What are its 2008 earnings per share on these financial accounting question?
A: Step 1: Define Ratio AnalysisOne of the analyses for the company's financial statements is the…
Q: Need help with this general accounting question
A: Step 1: Define SalesIn accounting, the sale is an essential operation performed and done by the firm…
Q: Hello tutor provide correct answer general accounting question
A: Basics of AccountingWhat are the fundamental principles of accounting?Consistency, relevance,…
Q: Kindly help me with this accounting questions
A: Detailed explanation:Formula : Cash to Cash Cycle Time = Days in Inventory + Days in Accounts…
Q: Round your answers to the nearest cent
A: Step 1: Define Pre-determined Overhead RatePre-determined overhead rate is a rate used to compute…
Q: Answer this accounting question
A: Explanation of Contribution Margin: Contribution margin is the difference between selling price per…
Q: Please give me answer general accounting question
A: Step 1: Analysis of information givenQuantity of inventory = 200 unitsSelling price per unit =…
Q: Problem related to Accounting
A: Explanation of Assets:Assets are resources owned by a company that have economic value and can…
Q: What was the net income for the year?
A: Step 1: Define Net IncomeThe net income shows how much money does the business made during the…
Q: Calculate the sustainable growth rate ?? General accounting
A: The sustainable growth rate (SGR) represents the rate at which a company can grow its sales, assets,…
Q: Do fast answer of this question solution general accounting
A: Step 1: Definition of Average Collection PeriodThe Average Collection Period measures the average…
Q: In the Month of March, Digby received orders of 231 units at a price of $19.00 for their product…
A: Explanation of Accrual Accounting: Accrual accounting is a method of recording financial…
Q: Please solve this question general accounting
A: Step 1: Define Non-Operating ItemsNon-operating items involve incomes or expenses that do not occur…
Q: Calculate the company's debt to equity ratio on these general accounting question
A: Step 1: Define Debt-to-Equity RatioThe debt-to-equity ratio measures a company's financial leverage…
Q: solution want this general account query
A: To determine the inventory value of Wildhorse Company under the lower-of-cost-or-market (LCM) rule…
Q: A club formed for pleasure, recreation, and social activities is most likely organized under…
A: Section 501(c)(7) of the Internal Revenue Code applies to social and recreational clubs organized…
Q: What is the predetermined overhead rate for September on these general accounting question?
A: Step 1: Define Predetermined Overhead RateThe predetermined overhead rate is calculated by dividing…
Q: What was the cost of the item to Aurora Supplies for this accounting question?
A: Step 1: Define Cost-Plus PricingCost-Plus Pricing is a pricing method where the selling price is…
Q: Give me true answer the accounting question
A: Step 1: Define Absorption CostThe total cost of making a product is known as absorption cost. TAC…
Q: Can you please solve this accounting question?
A: Step 1: Define Net Realizable Value (NRV)Net Realizable Value (NRV) is the estimated amount that a…
Q: Parker industries purchased a machine solve this accounting questions
A: Step 1: Definition of Units of Production (UOP) DepreciationUnits of Production (UOP) depreciation…
Q: general account solution wanted
A: Under U.S. GAAP, inventory is reported at the lower of cost or market (LCM). The "market" value is…
Q: General Accounting question
A: Step 1: Define Debt-to-Equity RatioThe debt-to-equity ratio is the ratio between total debts and…
Q: Financial accounting
A: Step 1: Define OverheadOverhead refers to the estimated fixed costs that a company will have each…
Q: A trucking company charges different solution general accounting question
A: Step 1: Calculation of cost for 45 milesSince 45 miles falls in the range "0 < x ≤ 75," the cost…
Q: Calculate the days sales in receivables?
A: Step 1: Define The Days' Sales In Receivables.The days' sales in accounts receivable ratio (also…
Q: Diedgo transfer real estate with an adjusted solve this accounting questions
A: Adjusted basis of the property transferred: $446,000Fair market value of the property transferred:…
Q: Do fast answer of this question solution general accounting
A: Step 1: Definition of Straight-Line DepreciationStraight-line depreciation is a method where the…
A company sells its product for $33 per unit, with variable costs of $18 per unit and fixed costs totaling $4,500. How many units must it sell to break even? Accounting
Step by step
Solved in 2 steps
- SellA company sells a product which has a unit sales price of $5, unit variable cost of $3 and total fixed costs of $220,892. The number of units the company must sell to break even is? Round your answer to the nearest unit.Radison Enterprises sells a product for $92 per unit. The Costs that vary in total dollar amount as the level of activity changes.variable cost is $59 per unit, while Costs that tend to remain the same in amount, regardless of variations in the level of activity.fixed costs are $223,245. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $100 per unit. a. Break-even point in sales units units b. Break-even point if the selling price were increased to $100 per unit units
- A company faces fixed costs of $100,000 and variable costs of $8.00/unit. They plan to directly sell their product to the market for $12.00. How many units must they produce and sell to break even?In a cost-volume-profit analysis, explain what happens at the break-even point and why companies do not want to remain at the break-even point. Marlin Motors sells a single product with a selling price of $400 with variable costs per unit of $160. The company’s monthly fixed expenses are $36,000. A. What is the company’s break-even point in units? B. What is the company’s break-even point in dollars? C. Prepare a contribution margin income statement for the month of November when they will sell 130 units. D. How many units will Marlin need to sell in order to realize a target profit of $48,000? E. What dollar sales will Marlin need to generate in order to realize a target profit of $48,000? F. Construct a contribution margin income statement for the month of February that reflects $200,000 in sales revenue for Marlin Motors.What will it's net income be?
- Radison Inc. sells a product for $52 per unit. The variable cost is $26 per unit, while fixed costs are $137,904. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $60 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $60 per unit fill in the blank 2 unitsRadison Inc. sells a product for $40 per unit. The variable cost is $20 per unit, while fixed costs are $83,200. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $46 per unit.A company sells its product for $20 per unit, with variable costs of $12 per unit and fixed costs totaling $8,000. How many units must it sell to break even? A. 400 B. 500 C. 600 D. 1,000
- Hilton Inc. sells a product for $94 per unit. The variable cost is $63 per unit, while fixed costs are $142,228. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $100 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $100 per unit fill in the blank 2 unitsLablanc Inc. sells a product for $60 per unit. The variable cost is $34 per unit, while fixed cost are $108,160. Determine (a) the break-even point in sales unit (b) the break-even point if the selling price weee increases to $66 per unit.What is the unit variable cost on these general accounting question?