Determine how many rosettes peggys must sell to break even, Accounting Basics

+44 141 628 6080
[email protected]

Determine how many rosettes peggys must sell to break even

Peggy's Ribbon World makes award rosettes. Following is information about the company:

Variable cost per rosette-----------$1.21
Sales price per rosette--------------2.30
Total fixed costs per month--------887.00

1: Determine how many rosettes Peggy's must sell to break even. (Round your intermediate calculations to 2 decimal places and final answer to next whole number.)

Break-even units:______rosettes

2: Calculate the break-even point in sales dollars. (Use rounded break-even units calculated above. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Break-even sales dollars:$_______

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Determine how many rosettes peggys must sell to break even

Reference No:- TGS0700043

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Prepare the necessary journal entries

Requisitioned materials for production as follows: direct materials - 80 percent of purchases, indirect materials - 15 percent of purchases.

Q : Determine the number of pizzas

Determine the number of pizzas that Pizazz must sell to generate $1,800 in profit. (Round your intermediate calculations to 2 decimal places and final answer to next whole number.)

Q : Calculate corys degree of operating leverage

Calculate Cory's degree of operating leverage if he drives 6,100 miles. (Round your intermediate calculations to 2 decimal places and final answer to 4 decimal places.)

Q : Find number of years to get four times of original amount

Braun invested a certain sum of money at 8% p.a. simple interest for 'n' years. At the end of 'n' years, Braun got back 4 times his original investment. What is the value of n?

Q : Determine how many rosettes peggys must sell to break even

Calculate the break-even point in sales dollars. (Use rounded break-even units calculated above. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Q : Explain the amount of net income is available to common

What amount of net income is available to common stockholders for 2011? (Omit the "$" sign in your response.) Net income available to common stockholders $

Q : Calculate eatons estimated inventory at july

Eaton Co. uses the retail inventory method to estimate its inventory for interim statement purposes. Data relating to the computation of the inventory at July 31, 2007, are as follows:

Q : What is the cost of the building at december

On January 1, 2007, the company obtained a $1 million, 5 year construction loan with a 10 % interest rate. The company's other interest-bearing debt included two long-term debt notes of $1,000,000 and $500,000 with interest rates of 6% and 8% resp

Q : Determine the accounting rate of return

Equipment is purchased at a cost of $80,000. As a result, annual cash revenues will increase by $45,000; annual cash expenses will increase by $12,000; straight-line depreciation is used; the asset has a seven-year life; the salvage value is $10,0

1935904

Questions
Asked

3,689

Active Tutors

1456547

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: Determine how many rosettes peggys must sell to break even

Reference No:- TGS0700043

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Prepare the necessary journal entries

Q : Determine the number of pizzas

Q : Calculate corys degree of operating leverage

Q : Find number of years to get four times of original amount

Q : Determine how many rosettes peggys must sell to break even

Q : Explain the amount of net income is available to common

Q : Calculate eatons estimated inventory at july

Q : What is the cost of the building at december

Q : Determine the accounting rate of return

Which is a criticism of marxist/conflict theories

How coastlines are vulnerable to multiple climate change

Statement about political systems controlled by men

Cases of local communities using modern technology

Which are forms of media bias

What cases does female status tend to be highest

How code of suburbs differs from the code of street

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Determine how many rosettes peggys must sell to break even

Reference No:- TGS0700043

Recent Questions Asked Accounting Basics

Q : Prepare the necessary journal entries

Q : Determine the number of pizzas

Q : Calculate corys degree of operating leverage

Q : Find number of years to get four times of original amount

Q : Determine how many rosettes peggys must sell to break even

Q : Explain the amount of net income is available to common

Q : Calculate eatons estimated inventory at july

Q : What is the cost of the building at december

Q : Determine the accounting rate of return

Asked Questions