Find the break-even point if the selling price is $8 per unit, variable cost $3 per unit and fixed cost $3,000.
Q: What would be the cost per unit?
A: Step 1: Definition of Freight CostFreight cost refers to the expenses incurred by a company to…
Q: hi expert please help me answer
A: Step 1: Definition of Accounting EquationThe accounting equation represents the relationship between…
Q: Problem related general Accounting
A: Concept of Net Profit MarginThe Net Profit Margin is a financial metric that measures how much of a…
Q: Action to increase net income
A: Step 1: Definition of Net IncomeNet Income is the total profit earned by a business after deducting…
Q: answer
A: In accounting, the relationship between assets, liabilities, and stockholders' equity is expressed…
Q: Crane Company sponsors a defined benefit pension plan. The corporation's actuary provides the…
A: Approach to solving the question:Detailed explanation:Examples: Key references:
Q: Given step by step answer general Accounting
A: Step 1: Define Shareholder Indifference ConditionFor shareholders to be indifferent between…
Q: If $27,000 was generated from operations, $15,000 was used for investing activities, and $11,000 was…
A: Calculation of Cash Balance from the activities mentionedCash generated from operating activities =…
Q: Do fast answer of this question general Accounting
A: Step 1: Define Gross MarginGross margin is the difference between total sales revenue and cost of…
Q: Give me Answer
A: Concept of Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) represents the direct costs associated…
Q: 23 financial Accounting
A: Concept of Manufacturing Overhead (MOH)Manufacturing overhead (MOH) includes all indirect costs…
Q: Need answer
A: The question requires the determination of the number of units required to be sold to earn a profit.…
Q: What is the investment? ? General Accounting
A: The question requires the determination of the annual rate of return. The Annual Rate of Return…
Q: What was George company's adjusted COGS amount for 20x1
A: Concept of Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) represents the direct costs associated…
Q: expert of general accounting answer
A: Step 1: Definition of Overhead RateThe overhead rate is the cost allocated to each unit of…
Q: Comprehensive income would be?
A: Explanation of Comprehensive Income:Comprehensive income represents the total change in a company's…
Q: Howuch is the cost per shirt for this job
A: Concept of Direct MaterialsDirect materials refer to the raw materials that are directly used in the…
Q: Answer please
A: Step 1: Definition of Return on Assets (ROA)Profitability ratios are financial ratios used to get…
Q: NOT USE CHART GPT SOLVE THIS QUESTION
A: Step 1: Define Gross ProfitGross profit is the amount earned from sales after deducting the cost of…
Q: A stock is expected to pay a dividend of $2.75 at the end of the year and it should continue to grow…
A: Stock Price 3 Years from NowGiven:D1 = $2.75DDividends grow at g = 5% per yearRequired return r =…
Q: If Salaries and Wages Expense is $448,600 during the year and the beginning and ending balances of…
A: Concept of Salaries and Wages ExpenseSalaries and Wages Expense represents the total compensation…
Q: Hyundai Company had beginning raw materials inventory of $29,000. During the period, the company…
A: Concept of Raw Materials InventoryRaw materials inventory refers to the stock of materials that a…
Q: Sub. General accounting
A: 1. KEY CONCEPTS:Price-Earnings (P/E) Ratio:- Measures the market price per share relative to…
Q: General Accounting
A: REQUIREMENT 1 Understanding Gross Profit Gross profit is the revenue a company retains after…
Q: What should be the price earning ratio of this company? Accounting
A: We will determine the Price-Earnings (P/E) ratio using the Dividend Discount Model (DDM), also known…
Q: General Accounting
A: Step 1: Define Gain Realized on DistributionWhen a corporation distributes property to a…
Q: What was the number of units started or transferred in?
A: The units started or transferred in are calculated as follows: Units transferred out = Beginning WIP…
Q: provide correct answer general accounting
A: Step 1: Definition of Capital GainCapital gain refers to the increase in the value of an asset from…
Q: General accounting
A: Step 1: Definition of Work in Process (WIP) InventoryWork in Process (WIP) inventory refers to…
Q: Hi expert please help me this question general accounting
A: Step 1:The average time a firm takes to collect on its sale is can be calculated using the formula…
Q: Compute the company's predetermined overhead rate for the year
A: Concept of Predetermined Overhead RateThe predetermined overhead rate is an estimated rate used to…
Q: Financial accounting
A: Total growth factor:Divide the future value of the investment by the principal amount: $72,000 /…
Q: Need help this question
A: Step 1: Determine the contribution margin.= sales x (1 - variable expense rate)= $400,000 x (1 -…
Q: Correct answer please
A: Step 1: Definition of Total Labor VarianceTotal labor variance is the difference between the actual…
Q: Subject: general Accounting
A: The credit union purchases an interest rate cap with:Cap rate = 4.75%Notional principal =…
Q: Need help
A: Calculating Overhead Applied to Production Step 1: Calculate the Predetermined Overhead Rate The…
Q: abc general accounting
A: Step 1: Definition of Net IncomeNet Income is the difference between total sales revenue and the…
Q: provide correct answer me
A: Dividend YieldDividend Yield=(Annual Common Stock/ DividendMarket Price per…
Q: Direct materials price variance
A: Step 1: Definition of Direct Material Price VarianceDirect Material Price Variance measures the…
Q: ?
A: Concept of Machine HoursMachine hours refer to the total time machines are operated for production…
Q: Headland Company pays its office employee payroll weekly. Below is a partial list of employees and…
A: Final Journal Entries1st Entry: To Record Payroll 1Account Title &…
Q: please answer part d. include rates for amortization and MACRS.
A: Step 1: List the Assets and Their CostsIdentify all the assets purchased in the lump-sum deal (e.g.,…
Q: Suppose that the allowance factor for a job is 0.12, and the normal time is 6.5 hours. What is the…
A: The standard time for a job is calculated using the formula: Standard Time=1−Allowance FactorNormal…
Q: Hi expert please help me
A: Given Data:Sales = $817,000Costs = $343,000Depreciation Expense = $51,000Interest Expense =…
Q: need help this questions
A: Step 1: Definition of Job Order Costing SystemThe job order costing system is used by businesses…
Q: Hi expert please help me this question
A: The sales price variance measures the difference between the actual selling price and the budgeted…
Q: Please help me with this question general Accounting
A: Step 1: Define Net IncomeNet income is the company's total earnings after subtracting all deductible…
Q: General Accounting
A: Step 1: Define Present Value (PV) in DiscountingPresent Value (PV) is the current worth of a future…
Q: Need help
A: Step 1: Define Operating Leverage Multinational organizations spend their reserves in acquiring…
Q: Ans plz
A: The Price-to-Earnings (P/E) ratio is a financial metric used to evaluate the valuation of a stock by…
Find the break even point
Step by step
Solved in 2 steps
- If the selling price per unit is $80, the variable cost per unit is $20 and the fixed cost is 3600. What is the break- even point?2. Given the following information: The ratio of variable cost per unit divided by selling price per unit equals 0.25 Fixed Costs Amount to $50,000 a. What is the Break-even point b. What effect would a 6% decrease in selling price have on the break even point from part a?Provide correct answer
- If breakeven point is 1,100 units, each unit sells for $32, and fixed costs are $20,000, then on a graph the:1. Calculate the contribution margin rate, the sales dollar breakeven point, and the unit sales breakeven point. 2. Use the following information to perform your calculations. a. Net Sales: $50,000.00 b. Contribution Margin: $20,000.00 c. Total Fixed Costs: $15,500.00 d. Unit Sales Price: $25.00 3. Provide the formula and write out the equation that you use for each calculation. a. Contribution Margin Rate: b. Sales Dollar Breakeven Point: C. Unit Sales Breakeven Point:1. Consider the following: Variable cost as a percentage of sales = 60% Unit variable cost = $30 Fixed costs = $200,000 What is the break-even point in units? If required, r