Cost accounting1 ford tops manufactures hats for baseball, Ask an Expert

Accounting

Cost Accounting

1) Ford Tops manufactures hats for baseball teams. Ford has fixed costs of $89,700 per quarter and sells each hat for $46. If the variable cost per hat is $41.40, how many hats must Ford sell each quarter to break even?

2) The Cobb Clinic treats walk-in patients for various illnesses. The management accountant has estimated that the clinic has $5,830 in monthly fixed costs in addition to a $33 cost per patient visit. If the charge is $55 per visit, how many visits per month does the clinic need to break even?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92046780

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