A product has a selling price of $15, variable costs of $10, and fixed costs are $25,000. How many units must be sold to break even? A) 3,000 B) 5,000 C) 2,500 D) 4,000
Q: Mason Corporation issued its own Solve this question
A: Formula for Discount:Discount = Face Value × Discount Rate × Time (in years)Identify the values:Face…
Q: Question: The 2020 balance sheet of Serena's Sports Gear, Inc., showed long-term debt of $4.5…
A: Formula for Cash Flow to Creditors (CFC):CFC=Interest Paid−Net New Borrowing Step 1: Identify Given…
Q: General Accounting
A: Step 1: Calculation of Total AssetsTotal Assets = Cash + Accounts Receivable + Supplies Inventory +…
Q: Omega Corp. has a material standard of 1.8 pounds per unit of output. Each pound has a standard…
A: Explanation of Direct Materials Quantity Variance (DMQV):Direct Materials Quantity Variance measures…
Q: Retained Earnings are found on which financial statement ??
A: a) Income StatementWhy incorrect:• During a specific period the Income Statement displays revenue…
Q: Explain the difference between the accrual basis and cash basis of accounting. What are the…
A: Step 1:Key differences between the accrual and cash basis of accounting:Recognition of Revenue:In…
Q: Glendale Manufacturing has a profit margin of 6%, a 40% dividend payout ratio, a total asset…
A: ROE = Profit Margin * Total Asset Turnover * Equity Multiplier= 6% * 1.5 * 1.6ROE = 14.4% Retention…
Q: What is the direct materials quantity variance?
A: Explanation of Direct Materials Quantity Variance (DMQV):Direct Materials Quantity Variance measures…
Q: General Accounting Question
A: Step 1: Predetermined overhead rate for Activity 2The predetermined overhead rate of an activity or…
Q: What is the amount of the shareholders equity?
A: Step 1: Definition of Shareholders' EquityShareholders' equity represents the residual interest in a…
Q: How many direct labor hours were estimated for the year on these general accounting question?
A: Step 1: Define Overhead RateThe overhead rate is a predetermined rate calculated by dividing…
Q: What are the proceeds to Brighton on these financial accounting question?
A: Step 1: Define Discounted NoteA discounted note is a financial instrument where the bank deducts…
Q: Elara Manufacturing Inc. has provided the following financial data for the year: please answer the…
A: Step 1: Define Income Taxes OwedIncome Taxes Owed refer to the amount of tax a person or business is…
Q: What is city honda's total asset turnover
A: Concept of Total Assets:Total assets represent the total value of everything a company owns,…
Q: KN Enterprises produces a single part for sale. The part sells for $19 per unit. Fixed costs are…
A: Profit Before Taxes = (Sales Revenue − Total Variable Costs) − Fixed Costs2,350,000 = ((19 x 640,000…
Q: General Accounting
A: To find the capital gains yield, we need to understand the relationship between the market rate of…
Q: A company's normal selling price for its product is
A: Explanation: Under Lower of Cost or Market (LCM) rule, the cost of inventory is compared with its…
Q: Why does sustainability integration affect measurement choices? (1) Integration creates problems (2)…
A: 1. Why is this correct?Sustainability integration involves incorporating environmental, social, and…
Q: Financial Accounting Question please solve
A: Step 1: Define Interest ExpenseInterest expense is the cost incurred by a company for borrowing…
Q: What is the volume of sales in units required to achieve the target profit?
A: Formula:Sales Volume in Units=Fixed Costs +Target Profit/Selling Price per Unit−Variable Cost per…
Q: Miller Corporation had beginning total liabilities of $50,000 and ending total liabilities of…
A: Explanation of Net Income:Net income refers to the profit earned by a company after deducting all…
Q: Poonam's material quantity variance is favorable or unfavorable
A: Given:Standard usage = 1.5Actual units produced = 2,000Standard price = $6Formula:Material quantity…
Q: Correct answer
A: High-low method uses historical data to separate fixed and variable costs. Step 1: Identify High and…
Q: Financial Account
A: The correct answer is:b. ownership claim on total assets. Explanation:Owner's Equity…
Q: Find out
A: The problem pertains to the importance of operational synchronization with respect to period…
Q: Please give me true answer this financial accounting question
A: Step 1: Define After-Tax Return on Preferred StockThe After-Tax Return on Preferred Stock is the…
Q: Financial Accounting solve this one
A: Step 1: Define Degree of Operating Leverage (DOL)Degree of Operating Leverage (DOL) It measures the…
Q: Why does sustainability integration affect measurement choices? (1) Integration creates problems (2)…
A: Sustainability integration affects measurement choices because it brings in dimensions—like…
Q: Need help with this financial accounting question
A: Step 1: Define Dividend YieldThe Dividend Yield is a financial metric that shows the annual return…
Q: How much was Brighton's net income in 2025 on these financial accounting question?
A: Step 1: Determine the change in stockholders' equityEnding Stockholders' Equity: $24,000Beginning…
Q: Provide answer this financial accounting
A: Step 1:First, calculate the earnings before interest and tax: Earnings before interest and tax =…
Q: What is the gross profit margin?
A: To calculate the gross profit margin, we first calculate the gross profit and then divide it by net…
Q: What is the cash paid for rent during 2022 ?
A: Step 1: Calculation of Increase in Prepaid RentPrepaid Rent at December 31, 2021 = $80,000Prepaid…
Q: Evaluate the role of the going concern assumption in shaping the presentation and valuation of a…
A: Definitions in Four Sentences:1. Going Concern Assumption: The going concern assumption is an…
Q: Estimate for the cost of food service?
A: Explanation of Variable Cost: Variable costs are expenses that change proportionally with the level…
Q: Determine the amount of section 1231 gain recognized by silverline manufacturing on these general…
A: Step 1: Define Section 1231 GainSection 1231 Gain: It refers to the gain realized on the sale of…
Q: ??!!
A: Explanation: In the given case, we are required to calculate the amount of Raw Materials purchased…
Q: Can you help me with accounting questions
A: Step 1: Definition of Gross ProfitGross profit is the difference between a company's net sales and…
Q: Please provide answer
A: Approach to solving the question: Detailed Answer:Given Data:Beginning Accounts Receivable (Jan 1,…
Q: Quick answer of this accounting questions
A: The amount debited to the patent account should include all costs directly associated with acquiring…
Q: Whats a good response and question to this post? Choosing Canada to grow a business and would be a…
A: To create a response to a post like the one you shared, it's helpful to follow a structured approach…
Q: None
A: Step 1: Definition of Profit MarginProfit margin is a financial ratio that measures how much net…
Q: Accurate Answer
A: To determine the raw materials purchased during the year, we can use the following formula: Raw…
Q: What specifies the accounting for multi-year insurance policies paid in advance? (a) Expense total…
A: Concept of Prepaid Expenses: Prepaid expenses are payments made for goods or services that will be…
Q: During May, Schultz Company produced 12,000 units of a product called Premium. Premium has a…
A:
Q: What amount should be debited to the trademark account?
A: Step 1:The cost of the assets includes the costs that are incurred to acquire the assets. It…
Q: Company Name Price Variable manufacturing costs Fixed manufacturing costs Variable selling costs…
A: in summary; Cherry Co. has a small total changeable cost of $10. Banana Co has the lowest total…
Q: Balance sheet information is useful for all of the following except:a) evaluating a company's…
A: The balance sheet is one of the three fundamental financial statements used by businesses and…
Q: Net sales are $3,000,000, beginning total, assets are $1,400,000. and the asset turnover is 3.0…
A: Concept of Net Sales:Net sales refer to the total revenue generated from the sale of goods or…
Q: ??
A: We have given, Direct materials $2,454Direct labor hours 71 labor hoursDirect labor wage rate $15…
How many units must be sold to break even ?
Step by step
Solved in 2 steps
- If a company has fixed costs of $6.000 per month and their product that sells for $200 has a contribution margin ratio of 30%, how many units must they sell in order to break even? A. 100 B. 180 C. 200 D. 2,000How many?Assume your product is priced at $10. The variable cost per unit is currently $5, and fixed costs are $10,000. What is your breakeven point? O 3,000 units O 2,000 units O 2,500 units 3,500 units
- Assume the selling price per unit is $30, the contribution margin ratio is 40%, and thetotal fixed cost is $60,000. What is the break-even point in unit sales?a. 2,000b. 3,000c. 4,000d. 5,000Total fixed cost of a product is IDR 10,000,000 and variable cost is IDR 50,000 per unit. The sale price is IDR.75,000 per unit . How much products should be produced to get BEP? Prove your answer and make a graphic. ..And If the company need profit IDR 10,000,000. How much is the sales price? Prove your answer.Good morning What is the breakeven point in unit, assuming a product's selling price is $100 fixed costs are 8,000, unit variavle costs are $20, and operating income is $3,200?
- Solomon company has total fixed cost of $15,000, variable cost per unit of $6, and a price of $8. If Solomon wants to earn a target profit of $3,600, how many units must be sold? 2,500 7,500 9,300 18,600 18,750A product sells for $200 per unit and its variable costs per unit are $130. Total fixed costs are $420,000. If the firm wants to earn a $35,000 target pretax income, how many units must be sold? Select one: 6,500 units. O b. 5,000 units. O c. 6,000 units. O d. 500 units. O e. 5,500 units. O a.if a product total fixed cost is 50,000 and its variable cost is 28500 for 9500 units what should be the unit selling price of the product if the desired breakeven volume is 2900 units?
