ACCT 505 Solutions to Weekly Practice Problems Week 3
in Accounting by neel
Favorite
Add it to your favorites and revisit later
Instant Download
Previewing 1 of 11 total pages.
Regular Price: $78.57
Your Price: $55.00 (30% discount)
You Save: $23.57
Your Price: $55.00 (30% discount)
You Save: $23.57
Description
ACCT 505 Solutions to Weekly Problems - Week 3
Exercise 5-7 (20 minutes)
1.The equation method yields the break-even point in unit sales, Q, as follows:
Profit
Unit CM Q ? Fixed expenses
0
(8 ? 6) Q ? 5,500
0
(2) Q ? 5,500
2Q
5,500
Q
5,500 2
Q
2,750 baskets
2.The equation method can be used to compute the break-even point in sales dollars as follows:
Profit
CM ratio Sales ? Fixed expenses
0
Sales ? 5,500
Sales
5,500
Sales
5,500
Sales
22,000
3.The formula method gives an answer that is identical to the equation method for the break-even point in unit sales:
Exercise 5-7 (continued)
4.The formula method also gives an answer that is identical to the equation method for the break-even point in...
Comments (0)
You must sign in to make a comment.
Rating:
Published On:
06/08/2015
Print Length:
11 page(s)
Word Count:
1,070
File Name:
acct-505-solutions-to-weekly-practice-problems-week-3-21.docx
File Size:
52.61 KB (0.05 MB)
Sold By:
neel
Purchased:
0 times
Best Seller Ranking:
#26462