Question: In 2021, Sagar Corp. sold 3,000 units at $500 each. Variable expenses were $350 per unit, and fixed expenses were $780,000. The same variable expenses per unit and fixed expenses are expected for 2022. If Sagar cuts selling price by 4%, what is Sagar's break-even point in units for 2022?
Q: E11.3 (LO 1, 3, 4) Excel (Classification Issues—Intangible Assets) Joni Hyde Inc. has the fol-lowing…
A: Step 1: Classify the items as intangible assets or not, based on accounting principles.Organization…
Q: following is ending inventory please give answer for each product.
A: compute the lower of cost or market (LCM) for each product, we need to compare the cost per unit and…
Q: Please provide this question solution general accounting
A: Step 1: Calculate the interest expenseStep 2: Determine the total annual paymentStep 3: Subtract the…
Q: expert please help me in this general account query
A: Step 1: Total Cost and Total Market ValueProduct C:Quantity: 420 unitsUnit Cost: $6Total Cost: 420 ×…
Q: To identify all those employees receiving payroll cheques but who have no matching record in a…
A: The question is asking for a method to identify discrepancies between two sets of data: the payroll…
Q: A company purchased equipment solution this accounting questions
A: Step 1: Define Depreciation ExpenseDepreciation expenses are defined as the expense of a business…
Q: A company reports inventory using the lower of cost or market method. Please need answer the general…
A: Step 1: Define Inventory ValuationInventory is the account used for the goods that the company in…
Q: Please see attachment for details
A: Present Value of Lease Payments: Annual payment = $10,000Number of periods = 10Present value of an…
Q: The following financial information is for Annapolis Corporation for the fiscal years ending 2018…
A: Step 1: Define Efficiency RatiosThe efficiency ratios reflect on the quality of the current assets…
Q: LORING COMPANY HAD THE FOLLOWING DATA FOR THE MONTH: [SUBJECT: GENERAL ACCOUNT] Variable costs per…
A: Step 1: Calculate the Unit Product Cost under Variable CostingUnder variable costing, the unit…
Q: Hi expert please give me answer general accounting
A: Step 1: Define DepreciationDepreciation denotes the reduction in the value of capital assets…
Q: Financial accounting question
A: Explanation: The formula to calculate Price Earnings (PE) ratio is = Market price per share…
Q: Can you answer this general accounting question?
A: Step 1: Define Inventory ValuationBusiness, value inventory at cost or net realizable value which…
Q: General accounting
A: Step 1: Fixed Cost per Unit• Total Fixed Costs: $240,000• Units Sold: 1,200• Fixed Cost per Unit:…
Q: Determine the cost
A: We determine the cost per batch as follows:1. Split the Total Mass into Cement, Sand, and GravelThe…
Q: A firm exports goods from Botswana to South Africa costing ZAR450 000.00. Payment isexpected in 3…
A: a. Examination of Whether Hedging is Beneficial to the FirmTo determine whether hedging is…
Q: Financial accounting chapter 12
A: Explanation of Gross Income: Gross income represents the total amount of money earned by the Warner…
Q: Get correct answer general accounting
A: Step 1: Define Sales RevenueSales Revenue is the amount received by selling the goods or providing…
Q: Given answer general accounting
A: Target cost per unit = Selling price per unit * (1 - Desired profit margin)= $48 * (1 - 0.125) = $48…
Q: Please given correct answer financial question not use ai..
A: Step 1: Define Work-in-Process (WIP)Work-in-progress goods include those that have not yet finalized…
Q: Please provide this question solution accounting
A: Step 1: Define Lower-of-cost-or-marketLower-of-cost-or-market is the principle in accounting that…
Q: Aquilera solution question
A: Step 1: Define Average collection periodThe average collection period can assess the quality of the…
Q: Trust worthy bank accepts a promissory accounting questions
A: Step 1: Define Due DateA note's due date refers to the day the note maker should repay the acceptor,…
Q: General Accounting
A: To calculate Bramble Corp.'s return on assets (ROA) for 2017, we use the formula:Return on Assets…
Q: Hello teacher please give me answer accounting
A: Step 1: Define Return on EquityReturn on equity is one of the profitability ratios; it measures how…
Q: Each month, haddon company solve this question solution accounting
A: Step 1: Define MarkupMarkup is usually the percentage used to price a product to determine its…
Q: Please provide this question solution general accounting
A: Step 1: Define Land And BuildingThe land and building of an organization are categorized as fixed…
Q: 5. Jobs completed during December and the actual output were:Job No. Quantity Items3005-5 48,000…
A:
Q: Business 123 Introduction to Investment May I please be introduced to the concepts and basics of…
A: Certainly! Options contracts are financial instruments that give investors the right, but not the…
Q: Given the following information concerning need answer this accounting questions
A: Step 1: Define Promissory NoteA promissory note is issued by the borrower and given to the lender.…
Q: I want to correct answer general accounting
A: Step 1: Define Labor VarianceA labor variance measures the effectiveness of a company in using labor…
Q: General Accounting
A: Step 1: Define Interest Coverage RatioThe interest coverage ratio shows how often an organization's…
Q: I want to correct answer general accounting
A: Step 1:Allocation of purchasing department expenses: Total no. of purchase orders = 15 + 5 = 20…
Q: Aaron, Deanne, and Keon formed the Blue Bell General Partnership at the beginning of the current…
A: ContributionsAaron: Cash contribution of $150,000.Deanne: Cash contribution of $150,000.Keon:…
Q: tutor account expert please solve this. Short answer need
A: Step 1: Identify the Variable CostsUnder variable costing, only the variable manufacturing costs are…
Q: Can you please answer the financial accounting question?
A: Step 1:The maturity date is calculated as follows: May (31-10) days21 daysJune30 daysJuly31…
Q: Financial Accounting
A: Step 1: Define Break-Even AnalysisA break-even point is a point where there is no profit or loss for…
Q: The boston clothing accounting
A:
Q: General accounting question
A: Step 1: Define PayrollDuring payroll, the companies have two transactions to record: recording of…
Q: Please provide this question solution general accounting
A: Step 1: Define Return on AssetsReturn on assets is a profitability ratio that represents the profit…
Q: give short and simple answer
A: determine the inventory value using the Lower of Cost or Market (LCM) method, we need to compare the…
Q: In this article with Brian Hock - Certifications: Your Ticket to Career Success and Growth please…
A: Professional certifications are of great relevance in the path of success for career building and…
Q: Business 123 Introduction to Investment May I please have an expert explore the differences between…
A: Cash AccountsA cash account is a brokerage account wherein all the transactions involved must be…
Q: Long-lived assets that are held for sale Select one: a. continue to be depreciated. b. are…
A: Long-lived assets held for sale are those assets which a company intends to sell rather than use in…
Q: ?
A: Calculate the capital gain:Capital gain=Market value−Book valueCapital gain=10,000−4,000=6,000…
Q: Hello tutor please provide this question solution general accounting
A: Step 1: Define Profit MarginThe financial statements prepared by a company in each period include…
Q: If you give me wrong answer I will give you unhelpful rate on these general accounting question
A: Step 1: Define Standard CostStandard cost is defined as the amount that a company expects to…
Q: Disclosures relating to PP&E assets are Select one: a. less extensive under ASPE. b. more…
A: Before we answer the question, let's understand the terms involved. PP&E stands for Property,…
Q: Financial accounting
A: Step 1: Formula Budget variance formula:Budget variance = $3,140 UnfavorableBudget variance = Actual…
Q: Do fast and correct calculation of this financial accounting question
A: Step 1: Define NoteIn accounting, the term "note" generally refers to a promissory note that…
Find units?
Step by step
Solved in 2 steps
- Answer meIn 2019, Crane Company sold 3000 units at $250 each. Variable expenses were $140 per unit, and fixed expenses were $780000. The same variable expenses per unit and fixed expenses are expected for 2020. If Crane cuts selling price by 4%, what is Crane’s break-even point in units for 2020? 7386. 7091. 7500. 7800.In 2020, National Co. sold 1,000 units at P500 each, and earned net income of P40,000. Variable expenses were P300 per unit, and fixed expenses were P160,000. The same selling price is expected for 2021. National Co.’s variable cost per unit will rise by 10% in 2021 due to increasing material costs, so they are tentatively planning to cut fixed costs by P10,000. How many units must National Co. sell in 2021 to maintain the same income level as 2020?
- Solve this general accounting questionRampart's had net income in 2020 of $120,000. Rampart's variable costs were 20% of its total revenue. Total fixed costs were $200,000 in 2020. What is the company's breakeven point in units if its product sells for $4 per unit?In 2019, Bramble Corp. sold 3000 units at $400 each. Variable expenses were $320 per unit, and fixed expenses were $270000. The same selling price, variable expenses, and fixed expenses are expected for 2020. What is Bramble’s break-even point in units for 2020? 3375. 1688. 675. 844.
- You have the following information about a company in 2021: Total Costs were $174.7 million. Assume the Variable Costs were 60% and the rest were Fixed Costs. Sales Volume in thousands was 361.7 and will not change in the future. Cost inflation in 2022 was 5%. What was the variable cost per unit in 2022? Select one: O A. $290.1 O B. $105.2 O C. $483.5 O D. $304.3Please provide answer this general accounting questionCan you please provide correct answer the general accounting question?
- ??Target net income during 2020??During FY 2025, Westfield Manufacturing plans to sell Gadgets for $22 a unit. Current variable costs are $9 a unit and fixed costs are expected to total $208,000.Use this information to determine the dollar value of sales for Westfield to break even. (Round to the nearest whole dollar.)