Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. crane inc manufactures model airplanes and repair

Crane Inc manufactures model airplanes and repair kits. The planes account for 80% of the...

90.2K

Verified Solution

Question

Accounting

Crane Inc manufactures model airplanes and repair kits. The planes account for 80% of the sales mix, and the kits the remainder. The variable cost ratio for the planes is 85% and 70% for the kits. Fixed costs are $63000. Compute the breakeven point in sales dollars. A.$350,000 B.$210,000 C.$525,000 D.$420,000

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

Q

Give an example of an adjusting journal entry for each of the following transactions. Provide three...

Accounting
Q

Who was Alfred Landon 1 The governor of Kansas II Candidate for presidential election against...

Biology
Q

Q29 A double pan window used for insulating a room thermally from outside consists of...

Physics
Q

Question 3 Points 1 Which of the following is true about the scale factor of...

Geometry
Q

1. Consider the curve given by xy2 - xy = 6.a. Show that dy/dx =...

Basic Math
Q

Find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and...

Basic Math
Q

Obtain an estimate for the following computation by rounding the numbers so that the resulting...

Algebra
Q

Solve x 5 2 x 5 1 0 If there is more than one solution...

Algebra
Q

The Balance Sheet of the equal Henry Partnership on August 31, 2023 is as follows:...

Accounting
Q

Losses generated following a share repurchase occur when the repurchase price is higher than the...

Accounting
Q

What is the purpose of management accounting?

Accounting
Q

Objectives: In this assignment, you will be asked to experience systems analysis and design by...

Accounting