Assignment Accounting 5.8 Cool Electronics sells TVs for$800 each, costing $500 each.Monthly fixed costs$20,000.arethe number ofunits needed to break even.Please round units.

Explanation of Contribution Margin:The contribution margin is the amount remaining from sales…

Answered: Cool Electronics sells TVs for $800…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Skippy's Scooters plans to sell a standard scooter for $250 and a chrome scooter for $300. Skippy's purchases the standard scooter for $125 and the chrome scooter for $150. Smartie expects to sell one standard scooter for every three chrome scooters. Skippy's monthly fixed costs are $158,125. Requirements 1. How many of each type of scooter must Skippy's Scooters sell each month to break even? 2. How many of each type of scooter must Skippy's Scooters sell each month to earn $218,500? Requirement 1. How many of each type of scooter must Skippy's Scooters sell each month to break even? Start by selecting the formula and entering the amounts to compute the breakeven point in units for the "package" of products-total scooters to be sold. (Enter a "0" for any zero balances. Enter currency amounts to the nearest cent. Abbreviation used: Weighted-avg. CM = weighted-average contribution margin.) Required sales in units + + )/
I need the second Req please! Thank you.
Yarn Basket, Ltd., sells handminus−knit scarves. Each scarf sells for $35. The company pays $350 to rent a vending space for one day. The variable costs are $10 per scarf. What total revenue amount does the company need to earn to break even?
Casey’s Cases sells cell phone cases in a mall kiosk. Casey charges $40 per case. The variable cost for a case, including the case, the royalty paid to the mall, and so on is $31. The monthly fixed cost for Casey’s Cases is $3,150. Required: a. How many cases must Casey sell every month to break even? b. Casey believes that he can sell 435 cases a month. What is the margin of safety in terms of the number of cases?
A company makes and sells ornamental vases. To make the vases there is a fixed monthly cost of $6,000 and an additional production cost of $9 per vase. The vases sell for $18 each. Find the break even point.
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Stevie's Scooters plans to sell a standard scooter for $600 and a chrome scooter for $850. Stevie's Scooters purchases the standard scooter for $320 and the chrome scooter for $350. Stevie's expects to sell one standard scooter for every three chrome scooters. Stevie's monthly fixed costs are $338,200. Read the requirements. Requirement 1. How many of each type of scooter must Stevie's Scooters sell each month to break even? Start by selecting the formula and entering the amounts to compute the breakeven point in units for the "package" of products-total scooters to be sold. (Enter a "0" for any zero balances. Enter currency amounts to the nearest cent. Abbreviation used: Weighted-avg. CM = weighted-average contribution margin.) Requirements 1. How many of each type of scooter must Stevie's Scooters sell each month to break even? 2. How many of each type of scooter must Stevie's Scooters sell each month to earn $801,000? 3. Suppose Stevie's Scooters' expectation to sell one standard…
Sammy's Scooters plans to sell a standard scooter for $90 and a chrome scooter for $120. Sammy's purchases the standard for $45 and the chrome scooter for $30. Sammy's expects to sell one standard scooter for every three chrome scooters. Sammy's monthly fixed costs are $69300 1. How many of each type of scooter must Sammy sell each month to break even? 2. How many of each type of scooter must Sammy sell each month to earn $126000

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Cool Electronics sells TVs for $800 each, costing $500 each. Monthly fixed costs $20,000. are the number of units needed to break even. Please round units.