Question: 53 A certain product sells for $55. It has variable costs of $33 per unit and fixed costs of $300,000 per year. How many products must the company manufacture to break even?
Q: Please Provide answer with correct option
A: Step 1 : Definition of Asset Turnover RatioAsset Turnover Ratio measures how efficiently a company…
Q: Increases in the number of deviations in an attributes sample results in an increase in the achieved…
A: In attributes sampling, the auditor is interested in the rate of occurrence of certain attributes in…
Q: Please need answer the accounting question
A: Step 1: Define Operating Return on AssetsOperating return on assets is one of the profitability…
Q: Need Answer with Helping Calculation of this Question
A: Step 1: Definition of Sales:Sales are the major component of the revenue generation activities of…
Q: Need help
A: Step 1: Define Managerial AccountingManagerial accounting refers to an accounting framework that…
Q: Please need answer the general accounting
A: Step 1:- Introduction to the Variable CostingVariable costing only assigns the variable expenses to…
Q: Answer in table format
A: Explanation of Available-for-Sale Investments: Available-for-sale investments are a category of…
Q: A COMPANY PURCHASES 100 UNITS AT $10 EACH AND 200 UNITS AT $15 EACH. WHAT IS THE WEIGHTED AVERAGE…
A: Explanation of Weighted Average Cost:The Weighted Average Cost method is used to assign an average…
Q: Hello, can somone let me know what I am missing? I cant figure it out (assuming what I have is…
A: Hello student! Answer the following situations, let us first discuss the book value of the asset.…
Q: What is the cost of the ending work in process inventory on this general accounting?
A: Explained: We can calculate the ending work in process inventory using the formula of cost of goods…
Q: Accounting MCQ MARKS
A: Step 1: Statement of Cash flow categorizes cash flows into - Operating Activities, Investing…
Q: Accounting Elite brands company uses standard costs for its manufacturing division..
A: Step 1:- Define Variable OverheadThe manufacturing expenses are known as variable overhead and move…
Q: Using the following data and give correct gross profit margin for this accounting question
A: Step 1:- Define Profit MarginProfit margin refers to the rate at which the company is making a…
Q: Provide correct answer for this accounting question
A: Step 1:- Define Operating incomeThe operating income is amount earned by the organizations from its…
Q: Need help
A: Step 1: Define Applied Overhead CostOverhead costs are not easily assignable to a cost object. The…
Q: Please do these two for me!!!!!!!
A: Given Data:Budgeted units: 1,100 unitsActual units produced: 1,000 unitsBudgeted overhead…
Q: 6 When discussing earnings per share (EPS) data ______________ Select one: a. EPS related to…
A: Detailed explanation: Another example of the changes is that for UK listed public corporations, the…
Q: M
A: Step 1: Fixed and Variable CostsAccording to the image, we need to calculate these using the…
Q: Want answer step by step
A: Step 1: Identify the formulas to be usedGross Profit = Revenue - Cost of Goods SoldCost of Goods…
Q: General Accounting
A: Step 1: Define Realized GainRealized gain is the difference between the selling price of an asset…
Q: In the Papyrus Corporation, cash receipts from customers were $136,000, cash payments for operating…
A: Step 1: Definition of Cash Flow from Operating ActivitiesCash flow from operating activities…
Q: Need answer the accounting question not use chatgpt
A: Step 1: Introduction to budgetingBudgeting is defined as the process of preparing a financial plan…
Q: Please solve this accounting problem
A: Step 1: Define Variable ExpensesThe word "variable expense" is used in the business sector to…
Q: Get Help with This Question Please solve it
A: To determine the due date and interest on a financial note, we begin by identifying the note's…
Q: Business 123 Introduction to Investments May I please have a exploration of the three quarterly and…
A: Detailed explanation:1. Balance SheetThe balance sheet is a snapshot of a company's financial…
Q: Provide correct solution for general accounting question
A: Step 1: Define Budget SurplusIn economics, a country is said to maintain a budget surplus of its…
Q: Ans
A: Step 1: Identify direct materials cost.Step 2: Identify direct labor cost.Step 3: Identify…
Q: Answer in step by step with explanation. Don't use Ai.
A: Accounts receivable increase in value when debited since they are assets, whereas cash decreases in…
Q: Accounting mcq question marks
A: Explanation of Periodic Inventory System:The Periodic Inventory System is a method of tracking…
Q: Answer in step by step with explanation. Don't use Ai.
A: We can calculate the number of units, given fixed costs, variable costs, selling price, and tax…
Q: You have collected the following information for the Charger co.
A: Step 1: Define Operating CycleThe number of days that elapse between the purchase of raw materials…
Q: True answer this accounting question
A: Step 1: Introduction to the Adjusting EntriesThe creation of journal entries helps to properly state…
Q: General Accounting
A: Explanation of Earnings Before Taxes (EBT): Earnings Before Taxes (EBT) represents a company's…
Q: Prepare
A: Explanation of Income Before Income Taxes: This represents the earnings a company has generated…
Q: Can you please help me solve this accounting question?
A: Step 1:- Introduction to the Accrual AccountingAccrual accounting is the accounting basis used by…
Q: hrd
A: Step 1: Amortization Expense Calculation for 2023Customer relationships:Cost: $4,000,000Useful life:…
Q: Please Provide Answer of my Question
A: Note that the current price per share can be computed using the price-to-earnings (P/E) ratio…
Q: From a Total Fixed Total Revenues Variable Costs Costs Costs Profit $2,000 $1,400 $2,000 a. ? 1,000…
A: Step 1:Total cost is = fixed cost+ variable cost Profit = total revenue - total cost Requirement…
Q: Briefly explain the method(s) used to depreciate each major class of PPE by the company? State the…
A: Step 1: Step 2: Step 3: Step 4:
Q: Financial Accounting
A: Step 1: Define Operating Cash Flow (OCF)Operating Cash Flow (OCF) is the cash generated from a…
Q: Need Help Please Provide Solution of this Question now
A: If you have any problem let me know in the comment section thank you.
Q: While the only things certain in life may be death and taxes, how much taxes is certainly uncertain.…
A: When companies calculate how much tax they owe, they sometimes face uncertain situations where it's…
Q: Compute the number of units
A: Explanation of Net Income:Net Income is the profit a company earns after subtracting all expenses,…
Q: Need Answer of this Question
A: Calculate Earnings Before Tax (EBT):. EBT= EBIT − InterestPutting the values: EBT =…
Q: kok
A: Using this example, let's calculate the revenue and gross profit (loss) for each year. Year 2024…
Q: Please need answer not use ai
A: To calculate the first-year depreciation expense for the equipment using the straight-line method,…
Q: ! Required information Problem 8-70 (LO 8-4) (Algo) [The following information applies to the…
A: Answer (c)Total amount of credit before AGI limitation = $4,000Explanation:$2,000 each for two…
Q: compute highlighted cells using the LIFO method A B E F G Units in Cost per unit Total cost Units H…
A: Step 1:LIFO:-LIFO is the method of valuation of inventory in which inventory purchased last will be…
Q: Accounting problem 8.4
A: Explanation of Net Income: Net Income represents the profit a company earns after deducting all…
Q: saj
A: Kindly find the answer above.
Provide right answer
Step by step
Solved in 2 steps
- Problem: A certain product sells for $55. It has variable costs of $33 per unit and fixed costs of $300,000 per year. How many products must the company manufacture to break even?(Round your answer to nearest unit number)Q2. Suppose that Nafitol Company has a fixed cost of ETB 35,000 and VC of ETB 1.75 per unit for its products. Let us further consider that selling price is birr 2.7 per unit. Required: A. Write the revenue and the cost equation of the company B. At what level of production output is the company Break-even? C. What is the amount of the revenue when the company produces 300,000 units? D. If the company plans to earn a profit of 7000, what amount of quantity has to be produced?Y6
- Income or Loss?34. Use this information for Stryker Industries to answer the question that follow. Stryker Industries received an offer from an exporter for 29,000 units of product at $19 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $21 Unit manufacturing costs: Variable 14 Fixed 5 What is the amount of income or loss from the acceptance of the offer? a.$609,000 loss b.$145,000 income c.$406,000 loss d.$551,000 incomeWhat is the correct choice? How many total dollars of sales must BAC Company sell to break even if the selling price per unit is $8.50, variable costs are $4.00 per unit, and fixed costs are $9,000? a. $4,000 b. $8,500 c. $9,000 d. $17,000
- 17. Assume a company produces one product that sells for P55, has variable cost per unit of P35, and has fixed costs of P100,000. How many units must the company sell to earn a target profit of P50,000? 18. Given the same facts as in question 17 above, if the company exactly meets its target profit, what will be its margin of safety in sales revenue? P137,500 P150,000 P127,500 P110,000Need answer the questiona2