Break-even point: Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no- profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit. To calculate the present yearly net operating income or loss.

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Answer 1

Question

Chapter 3, Problem 3.19P

1.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate the present yearly net operating income or loss.

2.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the present break-even point in unit sales and dollar sales.

3.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

The maximum annual profit that the company can earn if the marketing studies assumption is correct and at how many units and at what selling price per unit would the company generate this profit.

4

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the break-even point in unit sales and dollar sales using the selling price determined in requirement 3 and to explain why is this break-even point different from the break-even point computed in requirement 2

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E9 ✓ ✓ fx 5 6 7 8 Date Value و 3835 40468 B Fractional Date 40468.25 10 40468.375 11 40468.625 12 13 14 15 DATE DATA CLEANUP and MANIPULATION D Problem Date Year (YEAR) Month (MONTH) Day (DAY) End of month Start of month Use E6 "Problem Date" for green cells in col. E & I 10/8/2019 Start of next month First day of the year #N/A #N/A # N/A #N/A #N/A #N/A #N/A Month to date fraction of year Day of the week TIP: Use custom date format to display as the name of the day (dddd) Name of month Workdays in current month 30 workdays (excluding weekends) from today Days between today and 30 workdays from now 16 17 Target $2,000 DATE REVENUE MONTH DAY OF WEEK Hit Target? MONTH DAY OF WEEK FORMULAS for TABLE COLUMNS C through E SC Hit Target? 19 10/1/2019 $3,642 #N/A #N/A #N/A 20 10/2/2019 $3,427 #N/A #N/A #N/A 21 21 10/3/2019 $3,842 #N/A #N/A #N/A 22 22 10/4/2019 10/4/2015 $3,525 #INDA #N/A #N/A #N/A 23 10/5/2019 $3.648 20 10/5/2015 99,040 #N/A #N/A #N/A 24 24 10/6/2019 10/6/2015 $3,833 #N/A #N/A…

I am looking for a step-by-step explanation of this financial accounting problem with correct standards.

Hi expert please given correct answer with accounting question

Answer 2

Question

Chapter 3, Problem 3.19P

1.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate the present yearly net operating income or loss.

2.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the present break-even point in unit sales and dollar sales.

3.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

The maximum annual profit that the company can earn if the marketing studies assumption is correct and at how many units and at what selling price per unit would the company generate this profit.

4

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the break-even point in unit sales and dollar sales using the selling price determined in requirement 3 and to explain why is this break-even point different from the break-even point computed in requirement 2

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 3, Problem 3.19P

1.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate the present yearly net operating income or loss.

2.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the present break-even point in unit sales and dollar sales.

3.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

The maximum annual profit that the company can earn if the marketing studies assumption is correct and at how many units and at what selling price per unit would the company generate this profit.

4

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the break-even point in unit sales and dollar sales using the selling price determined in requirement 3 and to explain why is this break-even point different from the break-even point computed in requirement 2

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 3, Problem 3.19P

1.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate the present yearly net operating income or loss.

2.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the present break-even point in unit sales and dollar sales.

3.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

The maximum annual profit that the company can earn if the marketing studies assumption is correct and at how many units and at what selling price per unit would the company generate this profit.

4

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the break-even point in unit sales and dollar sales using the selling price determined in requirement 3 and to explain why is this break-even point different from the break-even point computed in requirement 2

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 3, Problem 3.19P

1.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate the present yearly net operating income or loss.

2.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the present break-even point in unit sales and dollar sales.

3.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

The maximum annual profit that the company can earn if the marketing studies assumption is correct and at how many units and at what selling price per unit would the company generate this profit.

4

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the break-even point in unit sales and dollar sales using the selling price determined in requirement 3 and to explain why is this break-even point different from the break-even point computed in requirement 2

Answer 6

Chapter 3, Problem 3.19P

1.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate the present yearly net operating income or loss.

Answer 7

Chapter 3, Problem 3.19P

1.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate the present yearly net operating income or loss.

Answer 8

2.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the present break-even point in unit sales and dollar sales.

Answer 9

2.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the present break-even point in unit sales and dollar sales.

Answer 10

3.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

The maximum annual profit that the company can earn if the marketing studies assumption is correct and at how many units and at what selling price per unit would the company generate this profit.

Answer 11

3.

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

The maximum annual profit that the company can earn if the marketing studies assumption is correct and at how many units and at what selling price per unit would the company generate this profit.

Answer 12

4

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the break-even point in unit sales and dollar sales using the selling price determined in requirement 3 and to explain why is this break-even point different from the break-even point computed in requirement 2

Answer 13

4

To determine

Introduction:

Break-even point:

Break-even point is defined as the volume of production where the total cost is equal to the total sales revenue generated thereby resulting in a no-profit and no loss situation. At the break-even point, the contribution earned is sufficient to cover the costs, whereas if the contribution is less than the break-even point then it is a loss and if it is more, then it is a profit.

To calculate: the break-even point in unit sales and dollar sales using the selling price determined in requirement 3 and to explain why is this break-even point different from the break-even point computed in requirement 2

Answer 14

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Answer 15

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Answer 16

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Answer 17

Ch. 3 - Prob. 3.1Q Ch. 3 - Prob. 3.2Q Ch. 3 - Prob. 3.3Q Ch. 3 - Prob. 3.4Q Ch. 3 - Prob. 3.5Q Ch. 3 - Prob. 3.6Q Ch. 3 - Prob. 3.7Q Ch. 3 - Prob. 3.8Q Ch. 3 - Prob. 3.9Q Ch. 3 - Prob. 1AE

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Chapter 3 Solutions