Masset break-even point in units problem, Accounting Basics

+44 141 628 6080
[email protected]

Masset break-even point in units problem

In 2008, Masset sold 3,000 units at $500 each. Variable expenses were $350 per unit, and fixed expenses were $200,000. The same selling price, variable expenses, and fixed expenses are expected for 2009. What is Masset's break-even point in units for 2009?

a. 1,333

b. 3,000

c. 4,285

d. 6,667

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Masset break-even point in units problem

Reference No:- TGS069714

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Variable expenses in the cvp income statement

Givenchy Company sells 100,000 wrenches for $12.00 per unit. Fixed costs are $350,000 and net income is $250,000. What should be reported as variable expenses in the CVP income statement?

Q : Controllable margin for the year

Garrison Company recorded operating data for its shoe division for the year. The company's desired return is 5%. Which one of the following reflects the controllable margin for the year?

Q : Problem on budgeted sales revenue for the third quarter

Ceatric's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each surfboard costs $100 and is sold for $150. How much is budgeted sales revenue for the third quarter of 2008?

Q : Concept of units of inventory on hand

If there were 30,600 units of inventory on hand on December 31, 2007, how many units should be produced in January, 2008 in order for the company to meet its goals?

Q : Masset break-even point in units problem

Q : Cvp income statement including sales

Garland's CVP income statement included sales of 3,000 units, a selling price of $100, variable expenses of $60 per unit, and net income of $50,000. Fixed expenses are:

Q : What is the contribution margin

Vazquez Company's cost of goods sold is $350,000 variable and $200,000 fixed. The company's selling and administrative expenses are $250,000 variable and $300,000 fixed. If the company's sales are $1,400,000, what is its contribution margin?

Q : What is the cost formula for utility expenses

a. What is the cost formula for utility expenses? b. What is the budgeted utility cost for September 2011 if 31,250 machine hours are projected?

Q : Company first-year net income

How much higher (or lower) would the company's first-year net income have been if absorption costing had been used rather than variable costing? Show computations.

1952349

Questions
Asked

3,689

Active Tutors

1428341

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Masset break-even point in units problem

Reference No:- TGS069714

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Variable expenses in the cvp income statement

Q : Controllable margin for the year

Q : Problem on budgeted sales revenue for the third quarter

Q : Concept of units of inventory on hand

Q : Masset break-even point in units problem

Q : Cvp income statement including sales

Q : What is the contribution margin

Q : What is the cost formula for utility expenses

Q : Company first-year net income

What are the bodies first and second line of defence

Identify which defense mechanisms are at risk

Requirement that could affect your healthcare organization

Reviewing adverse events on a hospital unit

Conduct self-reflection on your performance in the field

Why patient with dementia is no longer able to make decision

How healthcare professionals responsible for utilization

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Masset break-even point in units problem

Reference No:- TGS069714

Recent Questions Asked Accounting Basics

Q : Variable expenses in the cvp income statement

Q : Controllable margin for the year

Q : Problem on budgeted sales revenue for the third quarter

Q : Concept of units of inventory on hand

Q : Masset break-even point in units problem

Q : Cvp income statement including sales

Q : What is the contribution margin

Q : What is the cost formula for utility expenses

Q : Company first-year net income

Asked Questions