Sunday
March 1, 2015

Homework Help: Accounting

Posted by Judy on Friday, August 20, 2010 at 1:14pm.

Larry sells each unit for $500. Variable costs per unit equal $300. Totalfixed costs equal $800,000. Larry is currently sellig 5,000 units per period and would like to earn net income of $400,00.
comput: Break-evn point indollras, sales units necessary to attain desired income, and margin of safety ration for current operations.
I have break-even point: 4000
Desired sales: 204
Margin of safety? not sure where to go from here.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Accounting - Larry sells each unit for $500. Variable costs per unit equal $300...
accounting - "Harris Company manufactures and sells a single product. A ...
accounting - Cournot Company sells 100,000 wrenches for $12 a unit. Fixed costs ...
math - Bentley Plastics Ltd. has annual fixed costs of $450,000 and variable ...
Marketing - Explain why fixed and variable costs per unit decline as sales ...
accounting - Mendez Company currently produces and sells 20,000 units of product...
Accounting - CollegePak Company produced and sold 60,000 backpacks during the ...
accounting - Cournot Company sells 100,000 wrenches for $12 a unit. Fixed costs ...
managerial accounting - Using the data below please do the following in an Excel...
FINANCE - Need help on this Study Problem. Chevy's Manufacturing has fixed costs...

Members