A break-even point is the point at which there is no profit or loss for the company. At break-even point total of fixed costs and variable costs is equal to the total revenue. The calculation of break-even point is very important for every business because it tells that how much of the minimum quantity will be required to produce and sell to meet the fixed and variable cost.
Single product break-even analysis means to calculate break-even point for a single product i.e. no profit or loss for that particular product.
Multi product break −even point analysis means calculation of break-even point point of no profit or loss for the overall company or all products.
In the given question, we have to determine that Apple co. should use single product break-even or multi-product break-even analysis.

Want to see the full answer?
Check out a sample textbook solution
Chapter 21 Solutions
FUND OF ACCOUNTING PRIN W/ACC <CUSTOM>
- The audited accounts of Lindsay Co. for year-end August 31, 2014 show a profit of $3,115,000 after charging the following: Depreciation 430,000 Rent 175,000 Legal fees 1,350,000 Audit fees 88,000 Donations 119,000 Bad debts 242,000 Foreign Travel 395,750 Interest payments 62,375 Other Information: Legal fees are as follows: Expenses in respect of recovery of debts, $585,000 Expenses related to the increase private share capital, $765,000 Lindsay Co. donated $65,500 to UTECH University and $53,500 to HELP, a private charity registered under the Charities Act. Bad debts are as follows: A loan of $76,130 to Derek Stan who failed to repayit. $63,017, owed by Simplicity Ltd. which was declared bankrupt. The balance is a percentage of receivables at year end which is deemed to be bad. Foreign travel expense included $268,210 for a vacation package for the marketing manager’s and his family plane tickets. The remaining amount was for a business trip to meet with potential suppliers.…arrow_forwardHow much was the equity of horizon steel corporation worth of this accounting question?arrow_forwardPlease provide answer the following requirements a and b on these financial accounting questionarrow_forward
- Compute the amount of the work in process inventory on hand at year end of this accounting questionarrow_forwardGet accurate answer and step by step calculation with explanation of this general accounting questionarrow_forwardPlease need help with this financial accounting question not use ai and chatgptarrow_forward
- If you give me wrong answer and explanation of this financial accounting question I will give you unhelpful ratearrow_forwardPlease give me true answer this financial accounting question not use ai please don'tarrow_forwardCara TrustBank’s financial records include a beginning cash balance of $128,000. During the period, deposits totaling $15,400 were outstanding, while checks amountingto $12,800 were still unpaid. Additionally, the bank applied a service charge of $180. Determine the adjusted bank balance based on these figures.arrow_forward
- AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
- Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSONIntermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill EducationFinancial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education





