The Muffin House produces and sells a variety of muffins. The selling price per dozen is $20, variable costs are $10 per dozen, and total fixed costs are $5,000. What are breakeven sales in dollars?OA. $3,340о в. $500оО с. $5,000O D. $10,000

Answered: Image /qna-images/answer/21248092-0526-4971-b348-3c7eef970edf.jpg

Answered: The Muffin House produces and sells a…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Stone Manufacturing sells a marble slab for $1.500 Fixed costs are 130,000, while the variable costs are $500 per wish. The company currently plans to sell 100 sise this month. What is the margin of safety assuming 75 slabs are actually sold? (Round a unit calculations up to the rarest whole nutter) A $30,000 B. $102,000 C. $64,500 D. $47,000 Only typing answer Please explain step by step
T.
Company XYZ produces and sells wireless earphones. The selling price per unit is $5 and the total fixed costs are $20,000. Assuming a variable cost ratio of 40%, what is the breakeven point in ($) value? (round figures to the nearest number) O a. None of the given answers: O b. 66,667 O c. 33,333 O d. 40,000 O e. 50,00O
Company XYZ produces and sells 4,000 units.at this level, the company is making a profit of $20,000. Assuming total fixed expenses of $1,000 and variable expenses per unit of $0.75, how much was the selling price per unit? O a. 3 O b. 8 O c. O d. 4 O e. 6 S PAGE NEXT PAGE 14:10 to search A O 40) ENG 15-04-2021 hp art sc delete home end 144 %23 24 & num + backspace 6. 8 lock 7 V 8 A U home 1 48 5 0 enter D G K pause ↑ shift 11 C M end alt ctrl
If a company has fixed costs of $6.000 per month and their product that sells for $200 has a contribution margin ratio of 30%, how many units must they sell in order to break even? А. 100 В. 180 С. 200 D. 2,000
Gadubhai
DHL couriers delivers 3000 packages for 9 OMR. The variable cost is 3 OMR per package. Fixed costs are 6,000. Find total profit. a. RO 27,000 b. RO 15,000 c. RO 12,000 d. RO 9000
4. Hasya Enterprise sells notebooks and the annual demand for the notebooks is 1800. The cost of the notebook is RM 1200. It costs the company RM 44 to place an order and the carrying costs 6% of the unit cost. If the notebooks are ordered in quantity of 300 units or more, the company can obtain a discount of 8%, Determine whether the company should take advantage of the offer. Find the optimal order quantity for the company, the annual ordering cost, annual holding cost, annual unit costs and the total inventory cost.
39
A firm sell a single product for $6. Its variable cost per unit is $4 and fixed costs are $50. Ignoring income taxes, the amount of sales revenue needed for $20 profit is Select one: a. $210. b. $150. c. $35. d. $25.
If cost of sales is $100,000 and the margin is 20% , what is the amount for sales? a. $20,000 b. $120,000 c. $125,000 d. $150,000 The Rocky Point Fishers is a trader in Sea Foods. The firm operates with a standard margin from sales of 1/3. What would be the mark up? a. 1 / 2 b. 1 / 4 c. 2 / 3 d. 3 / 1
Fleming's Gourmet Popcorn produces and sells assorted boxed popcorn. The unit selling price is $45, unit variable costs are $35, and total fixed costs are $800. How many boxes of chocolates must Palmer's Gourmet Chocolates sell to breakeven? 3,600 20.50 80 10

SEE MORE QUESTIONS

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

The Muffin House produces and sells a variety of muffins. The selling price per dozen is $20, variable costs are $10 per dozen, and total fixed costs are $5,000. What are breakeven sales in dollars? OA. $3,340 о в. $500 оО с. $5,000 O D. $10,000