Question

In: Advanced Math

Find the break-even point for the revenue and cost. Draw your own graph on a piece...

Find the break-even point for the revenue and cost. Draw your own graph on a piece of paper.

Fixed cost = $22,000
Variables cost = $15 per item
Price = $23

The break-even point is at ________ items.

Solutions

Expert Solution

Colby Messinger answered 2 years ago
Next > < Previous

Related Solutions

The break-even point tells a company the number of units or the amount of revenue that...
The break-even point tells a company the number of units or the amount of revenue that it must sell or earn in order to pay for all of its costs. At this point, the company has neither profit nor loss. Companies have two main types of costs: variable costs and fixed costs. Variable costs are those costs that vary with the number of units produced. Examples of variable costs are direct labor, direct materials and overhead. Fixed costs are those...
Break-Even Point
S.S Corporation had sales of Rs. 4,500,000. The fixed expense was Rs. 1,200,000 and variable expense totaled Rs. 1,800,000. You are required to calculate Break-Even Point for S.S Corporation.
STRATEGIC COST MANAGEMENT - BREAK-EVEN POINT AND CVP ANALYSIS
Cornwell Company is in business since 2010, makes swimwear for professional athletes. Analysis of the firm's record for the year reavelas the following:                 Average swimsuit selling price                      $140                 Average swimsuit expenses:                     Direct Material                       ...
STRATEGIC COST MANAGEMENT - BREAK-EVEN POINT AND CVP ANALYSIS
Cornwell Company is in business since 2010, makes swimwear for professional athletes. Analysis of the firm's record for the year reavelas the following:                 Average swimsuit selling price                      $140                 Average swimsuit expenses:                     Direct Material                       ...
Give an example from your own experience where you used a break-even point analysis.
  Give an example from your own experience where you used a break-even point analysis. What parameters were necessary to find the break-even point? Please include your break-even calculations based on the equation from page 8 in the textbook. Or Create your own probability problem. Define what type of probability problem you have and show the best approach to solving the problem..  
how does the break-even point fit into this discussion? What is the break-even point? Why is...
how does the break-even point fit into this discussion? What is the break-even point? Why is it an important concept in managerial accounting? What are its uses?
Evaluate whether each statement is true or false. 1. On a CVP graph, the break-even point...
Evaluate whether each statement is true or false. 1. On a CVP graph, the break-even point will move up and to the right if a company increases units sold.                            [ Select ]                       ["False", "True"]       2. Holding all else equal, if production decreases then the contribution margin ratio will remain the same but gross margin percentage will decrease.                     ...
Find the break even point ? Rent is $10,000. Salaries to be paid is $50,000. Misc....
Find the break even point ? Rent is $10,000. Salaries to be paid is $50,000. Misc. Fixed costs are $40,000. Raw Materials are $4 per unit. Packaging is $.10 cents per unit. Direct Labor is $3.40 per unit. Sales price is $10.00 per unit. If annual capacity was 30,000 units, how much would the sales price need to be to break even?
Find the break even point ? Rent is $10,000. Salaries to be paid is $50,000. Misc....
Find the break even point ? Rent is $10,000. Salaries to be paid is $50,000. Misc. Fixed costs are $40,000. Raw Materials are $4 per unit. Packaging is $.10 cents per unit. Direct Labor is $3.40 per unit. Sales price is $10.00 per unit. If annual capacity was 30,000 units, how much would the sales price need to be to break even?
(Break-even analysis) Project Accounting ​Break-Even Point​ (in units) Price per Unit Variable Cost per Unit Fixed...
(Break-even analysis) Project Accounting ​Break-Even Point​ (in units) Price per Unit Variable Cost per Unit Fixed Costs Depreciation A 6, 230 ​$52 ​$102,000 ​$26,000 B    760 ​$1,000 ​$499,000 ​$103,000 C 1,970 ​$25 ​$13 ​$5,000 D 1,970 ​$25 ​$7 ​$17,000 a.  Calculate the missing information for each of the above projects. b.  Note that Projects C and D share the same accounting​ break-even. If sales are above the​ break-even point, which project would you​ prefer? Explain why. c.  Calculate the cash​...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT