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saw5 [17]
2 years ago
12

Mountain Cycle specializes in making custom mountain bikes. The company founder, PJ Steffan, is having a hard time making the bu

siness profitable. Knowing that you have good business knowledge and solid financial sense, PJ has come to you for advice.
Project Focus PJ would like you to determine how many bikes Mountain Cycle needs to sell per year to break even (Profit =0). Solve using the followings.

Fixed cost equals $65,000
Variable cost equals $1,575
Unit Bike price equals $2,500
Business
1 answer:
IgorC [24]2 years ago
4 0

Answer and Explanation:

Break even point in units = Fixed Costs ÷ (Sales price per unit – Variable costs per unit)

Given fixed cost =$ 65000

Variable cost per unit =$1575

Selling price per unit =$2500

Break even point in units= $65000/$2500-1575

=$65000/925

=70.2703

= 70 units

Therefore it would take 70units of sale of products for the company to break-even that is not make loss or profit

Profit/loss =0

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On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,970; Accounts Receivable,
irinina [24]

Answer:

$40,732

Explanation:

The computation of the amount of stockholders' equity is shown below:-

Amount of stockholders' equity = Cash + Accounts Receivable + Supplies Land - Accounts Payable

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= $46,536 - $5,804

= $40,732

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Answer:

An Assignment

Explanation:

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The process of contract assignment involves the assignor and the assignee. The assignor is the party that transfers its right and obligation while the assignee is the party that receives the right and obligation

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2 years ago
The Tierney Group has two divisions of equal size: an office furniture manufacturing division and a data processing division. It
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Answer:

The Correct statement is option B. The decision of the company not to adjust for risk means that the company will have to accept too many projects in the office furniture manufacturing division and too few in the data processing division.

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Which of the following does not represent a copyright?
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Answer choreographing a dance step by step

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The following selected transactions are from Wilson Company. Year 1 Dec. 16 Accepted a $19,200, 60-day.
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Answer is year 2 hopefully it helps
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