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Business
AccountingManagerial Accounting: The Cornerstone of Business Decision-Making7th Edition

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Chapter 7, Problem 14BEA
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Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773

Solutions

Chapter
Section
Problem 1DQ
Problem 2DQ
Problem 3DQ
Problem 4DQ
Problem 5DQ
Problem 6DQ
Problem 7DQ
Problem 8DQ
Problem 9DQ
Problem 10DQ
Problem 11DQ
Problem 12DQ
Problem 13DQ
Problem 14DQ
Problem 15DQ
Problem 1MCQ
Problem 2MCQ
Problem 3MCQ
Problem 4MCQ
Problem 5MCQ
Problem 6MCQ
Problem 7MCQ
Problem 8MCQ
Problem 9MCQ
Problem 10MCQ
Problem 11MCQ
Problem 12MCQ
Problem 13BEA
Problem 14BEA
Problem 15BEA
Problem 16BEA
Problem 17BEA
Problem 18BEA
Problem 19BEA
Problem 20BEA
Problem 21BEA
Problem 22BEA
Problem 23BEA
Problem 24BEB
Problem 25BEB
Problem 26BEB
Problem 27BEB
Problem 28BEB
Problem 29BEB
Problem 30BEB
Problem 31BEB
Problem 32BEB
Problem 33BEB
Problem 34BEB
Problem 35E
Problem 36E
Problem 37E
Problem 38E
Problem 39E
Problem 40E
Problem 41E
Problem 42E
Problem 43E
Problem 44E
Problem 45E
Problem 46E
Problem 47E
Problem 48E
Problem 49E
Problem 50E
Problem 51P
Problem 52P
Problem 53P
Problem 54P
Problem 55P
Problem 56P
Problem 57P
Problem 58P
Problem 59P
Problem 60P
Problem 61P
Problem 62P
Problem 63P
Problem 64P
Problem 66C
Problem 1MTC
Problem 2MTC
Problem 3MTC
Problem 4MTC
Problem 5MTC
Problem 6MTC
BuyFindarrow_forward

Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773
Textbook Problem
42 views

Break-Even Point in Units

Head-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable cost is $45 (includes direct materials, direct labor, variable factory overhead, and variable selling expense). Total fixed cost equals $49,500 (includes fixed factory overhead and fixed selling and administrative expense).

Required:

  1. 1. Calculate the break-even number of helmets.
  2. 2. Check your answer by preparing a contribution margin income statement based on the break-even units.

1.

To determine

Compute the break-even number of helmets.

Explanation

Break-Even Point:

Break-even point refers to the point where total cost is equal to total revenue. The profit is equal to zero at the breakeven point. Break-even point is calculated in units or sales.

Use the following formula to compute the break-even number:

Break-Even Number=Total fixed costPrice−unit variable cost

Substitute $49,500 for total fixed cost, $75 for price and $45 for unit variable cost

2.

To determine

Prepare the contribution margin income statement of Company H for 1,650 helmets.

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Ch-7 P-1DQCh-7 P-2DQCh-7 P-3DQCh-7 P-4DQCh-7 P-5DQCh-7 P-6DQCh-7 P-7DQCh-7 P-8DQCh-7 P-9DQCh-7 P-10DQ
Ch-7 P-11DQCh-7 P-12DQCh-7 P-13DQCh-7 P-14DQCh-7 P-15DQCh-7 P-1MCQCh-7 P-2MCQCh-7 P-3MCQCh-7 P-4MCQCh-7 P-5MCQCh-7 P-6MCQCh-7 P-7MCQCh-7 P-8MCQCh-7 P-9MCQCh-7 P-10MCQCh-7 P-11MCQCh-7 P-12MCQCh-7 P-13BEACh-7 P-14BEACh-7 P-15BEACh-7 P-16BEACh-7 P-17BEACh-7 P-18BEACh-7 P-19BEACh-7 P-20BEACh-7 P-21BEACh-7 P-22BEACh-7 P-23BEACh-7 P-24BEBCh-7 P-25BEBCh-7 P-26BEBCh-7 P-27BEBCh-7 P-28BEBCh-7 P-29BEBCh-7 P-30BEBCh-7 P-31BEBCh-7 P-32BEBCh-7 P-33BEBCh-7 P-34BEBCh-7 P-35ECh-7 P-36ECh-7 P-37ECh-7 P-38ECh-7 P-39ECh-7 P-40ECh-7 P-41ECh-7 P-42ECh-7 P-43ECh-7 P-44ECh-7 P-45ECh-7 P-46ECh-7 P-47ECh-7 P-48ECh-7 P-49ECh-7 P-50ECh-7 P-51PCh-7 P-52PCh-7 P-53PCh-7 P-54PCh-7 P-55PCh-7 P-56PCh-7 P-57PCh-7 P-58PCh-7 P-59PCh-7 P-60PCh-7 P-61PCh-7 P-62PCh-7 P-63PCh-7 P-64PCh-7 P-66CCh-7 P-1MTCCh-7 P-2MTCCh-7 P-3MTCCh-7 P-4MTCCh-7 P-5MTCCh-7 P-6MTC

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