Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. q.1 rooney corporation produces products that it s

Q.1 Rooney Corporation produces products that it sells for $18 each. Variable costs per unit...

50.1K

Verified Solution

Question

Accounting

Q.1

Rooney Corporation produces products that it sells for $18 each. Variable costs per unit are $9, and annual fixed costs are $189,900. Rooney desires to earn a profit of $33,300.

Required

  1. Use the equation method to determine the break-even point in units and dollars.

  2. Determine the sales volume in units and dollars required to earn the desired profit.

image

a. Break-even point in units Break-even point in dollars b. Sales volume in units Sales in dollars

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

Accounting
1.2K views

Explain the term accrual accounting and how it is used ingovernmental, not for profit...

Mechanical Engineering
1.2K views

Air at 20°C (1 atm) is flowing over a 0.025-m diameter sphere with a velocity of...

Physics
1.2K views

1.) The femur of an elephant is about 90 cm long and 15 cm in diameter....

Biology
1.2K views

biodiversity what can happen if one species disappears Your answer If one ecosystem has 250...

Biology
1.2K views

Match the cell types that occur within angiosperm xylem and phloem with the cell type...

Geometry
1.2K views

In the xy plane line 1 passes through the origin and contains points 4 r...

Calculus
1.2K views

The pH of a solution ranges from 0 to 14. An acid solution has a...

Calculus
1.2K views

the following complex numbers Write the difference in star 5 9i 10i 8 9i 10i...

Accounting
1.2K views

Required information Cost Classifications (Algo) Skip to question [The following information applies to the questions...

Accounting
1.2K views

KIDZFIRST opened as a child-care facility on January 1, Year 1. Use the Chart of...

Accounting
1.2K views

Dr. Hu owns 1,008 shares of EVKars Ltd. They have an ACB of $32 a...

Accounting
1.2K views

analysis ford motor company financial data on SEC for 2016 and 2017 and make recommendation...