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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A small computing center has found that the number of jobs submitted per day to...

Statistics
Q

Discuss the DSM-V and how this is used to diagnosis disorders. Do you agree or disagree...

Psychology
Q

4. Show that the set A = {fm,b : R ? R | m does...

Advance Math
Q

Who according to the Benjamin Franklin, in the essay The Whistle,gave up every kindof comfortable...

Biology
Q

2 Find the distance around one fifth of a circle with diameter of 14 inches...

Geometry
Q

Moment The moment generating function of the random variable X having a chi squared distribution...

Basic Math
Q

Find the zeroes of the following polynomial f x x 4x Provide your answer below...

Calculus
Q

The table gives the crude oil production of a certain country, in billions of barrels,...

Algebra
Q

please show workings Pink acquired 80% of the share capital of Blue...

Accounting
Q

4. The owners are desirous of comparing serval financial transactions and possible outcomes to assist...

Accounting
Q

Little Red Company manufactures wooden wagons. To manufacture a wagon, it takes 20 units of...

Accounting
Q

omen Company uses a job costing system that applies factory overhead on the basis of...

Accounting