Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. break even sales beerbev, incy reported the follow

Break Even Sales BeerBev, Incy reported the following operating information for a recent year: Net...

90.2K

Verified Solution

Question

Accounting

image
Break Even Sales BeerBev, Incy reported the following operating information for a recent year: Net sales $4,464,000 Cost of goods sold $1,116,000 Selling, general, and administrative expenses 434,000 $1,550,000 Income from operations $ 2,914,000 Before special items In addition, assume that BeerBev sold 31,000 barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 50% of sellino, general, and administration expenses. Assume that the remaining costs are fixed. For the following year, assume that Beerbev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $14,900 When computing the cost per unit amounts for the break-even formula, round to two decimal places. If required, round your final answer to one decimal place. a. Compute the break-even number of barrels for the current year. barrels b. Compute the anticipated break-even number of barrels for the following year barrels

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

A) Consider the reaction 2N2(g) + O2(g) ---> 2N2O(g) Using the standard thermodynamic data in the tables linked above, calculate...

Accounting
1.2K views

Units sold 1,180 Price $ 10 Sales $ 11,800 Variable manufacturing costs 4,720 Fixed manufacturing costs 2,360 Variable selling costs 1,180 Fixed administrative costs 1,180 Required: Using the data provided, compute the...

Biology
1.2K views

Give the name of the organism shown below Physarum Volvox

Physics
1.2K views

Performance of PLC decreases with A Increase in Temperature B Decrease in Temperature C Increase...

Basic Math
1.2K views

Given the following determine the set A U B n AUB U 1 2 3...

Basic Math
1.2K views

8. Suppose you have borrowed two calculators from friends, but you do not knowwhether they...

Accounting
1.2K views

Question 1 Note: General Journal input answer options: No journal entry...

Accounting
1.2K views

32. You can also calculate the amount of sales revenue to break even...

Accounting
1.2K views

help solve the last 2 pics please ...

Accounting
1.2K views

make a muti step income statement for the following information Sellall Department Stores reported the...

Accounting
1.2K views

Mark and John form Reid and Masselli, LLP, (R&M), a partnership specializing in tax services....

Accounting
1.2K views

Sustainability Reporting Read the Journal of Accountancy article Save Money by Having Your Sustainability Report...