Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. for the coming year, sorkin company anticipates a

For the coming year, Sorkin Company anticipates a unit selling price of $80, a unit...

90.2K

Verified Solution

Question

Accounting

For the coming year, Sorkin Company anticipates a unit selling price of $80, a unit variable cost of $40, and fixed costs of $400,000.

1. Compute the anticipated break even sales (units)

2. Compute the sales (units) required to relize income from operations of $200,00

3. Construct a cost-volume-profit chart, assuming maximum sales of 20,000 units within the relevant range

4. Determine the probable income (loss) from operations if sales total 16,000 units

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

Medical Sciences
1.2K views

71) Which describes best something that the Pathogens causing Tuberculosis (Mycobacterium tuberculi) Malaria (Plasmodium falciparum) and Sleeping...

Psychology
1.2K views

How does half-life and pattern of self administration affect withdrawal response?

Psychology
1.2K views

Currently our country is experiencing a health care crisis wherein the most vulnerable populations are unable...

Accounting
1.2K views

Amalgamated General Corporation is a consulting firm that also offers financial services through its credit division....

Accounting
1.2K views

Ken entered into a contract to purchase two retail store premises in June 2003. The cost...

Physics
1.2K views

In absence of electric field there is only random motion of electrons but path is...

Accounting
1.2K views

Purchase Units Unit Cost Sold Units Beg.nventory 3000 0.60$ Dec3 4000 0.74$...

Accounting
1.2K views

yon Company has a Ders a. Record these transactions in general journal form. b. Record...

Accounting
1.2K views

Problem 12-21 Dropping or Retaining a Flight [LO12-2] Profits have been decreasing for several years...

Accounting
1.2K views

If an employee is given a car to use by an employer, the employee generally...

Finance
1.2K views

Please help me with this example. The tables are for calulation and note down the...

Accounting
1.2K views

Pat Inc. purchased the $100,000 face value outstanding bonds of Slinger Company, its 80%-owned subsidiary,...