Break-even point Diamond Jim's makes and sells class rings for local schools. Operating information...

70.2K

Verified Solution

Question

Accounting

Break-even point
Diamond Jim's makes and sells class rings for local schools. Operating information is as follows:
a. What is Diamond Jim's break-even point in rings?
rings
b. What is Diamond Jim's break-even point in sales dollars?
c. What would Diamond Jim's break-even point be in rings if sales commissions increased to $54 per ring?
Note: Round your final answer up to the nearest whole unit (for example, round 5.1 to 6 units).
x rings
d. What would Diamond Jim's break-even point be in rings if fixed selling expenses decreased by $6,000?
Note: Round your final answer up to the nearest whole unit (for example, round 5.1 to 6 units).
x rings
image

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