Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. crossroads music plans to sell 6,000 mp3 players a

Crossroads Music plans to sell 6,000 MP3 players at $60 each in the coming year....

60.1K

Verified Solution

Question

Accounting

Crossroads Music plans to sell 6,000 MP3 players at $60 each in the coming year. Variable cost per unit is $12 and total fixed cost is $24,000. Required: A. Calculate the variable cost ratio. B. Calculate the contribution margin ratio. C. Calculate the break-even point in sales dollars. D. If Crossroads Music has a target profit of $90,000, how many MP3 players will they have to sell

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

Basic Math
1.2K views

Use the following scenario and data to answer questions 12.1 – 12.5. A researcher is interested...

Chemistry
1.2K views

For each of the following molecules, draw the most preferred Lewis structure and label each of...

Psychology
1.2K views

Please discuss the following prompt: There is a story of a Buddhist monk who was on...

Physics
1.2K views

ix A non conducting spherical ball of radius R contains a spherically symmetric charge with...

Geometry
1.2K views

Consider the function y 2 arcsin x a Use a graphing utility to complete the...

Calculus
1.2K views

Among all rectangles that have a perimeter of 180 find the dimensions of the one...

Algebra
1.2K views

Simplify 125xy A 6y x 2x B 2x 7y C 5y 5xy

Accounting
1.2K views

E12-20A (similar to) Question Help ...

Accounting
1.2K views

Under its executive stock option plan, Amateur Corporation granted options on January 1, 2022, that...

Accounting
1.2K views

When treasury stock is sold for more than the company originally paid to purchase the...

Finance
1.2K views

Consider the following repo market data: Underlying: A 7%, 20- year bond, $5 million...

Finance
1.2K views

EXTRA CREDIT: Portfolio diversification works because different stock prices move together O different stock prices...