Ask Question, Ask an Expert


Ask Accounting Basics Expert

The Crass Company uses cost-plus pricing with a 40% mark-up. The company is currently selling 20,000 units at $21 per unit. Each unit has a variable cost of $10. In addition the company incurs $100,000 in fixed costs annually. If demand falls to 16,000 units how much will the company have to charge per unit in order to earn the same annual profit?

A. $22.50

B. $21.75

C. $22.75

D. $23.75

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M943111

Have any Question? 

Related Questions in Accounting Basics

1 what are the three classifications of restrictions of

1. What are the three classifications of restrictions of retained earnings, and how are such restrictions normally reported on the financial statements? 2. Indicate how prior period adjustments would be reported on the f ...

Nbspexplain brieflya written representationsb internal

Explain briefly (a) written representations, (b) internal control communications, and (c) management letters. In your answer, include the general content of the communication, the parties involved with the communication, ...

Big alrsquos pizza inc a new subsidiary of big alrsquos

Big Al’s Pizza, Inc., a new subsidiary of Big Al’s Pizza Emporium, has been established to produce partially baked, flash-frozen, 16-inch meat pizzas to be sold wholesale to grocery and convenience stores and school cafe ...

Francis moved in with her mother beatrice when beatrices

Francis moved in with her mother, Beatrice, when Beatrice's health started to fail. Francis cared for her mother as a devoted child and never expected anything in return. When Beatrice needed to move to a nursing home, s ...

Practice questionsthe following transactions have taken

Practice questions: The following transactions have taken place in a business. Enter the name of the balance sheet item(s) affected under the appropriate column and indicate whether there has been an increase or decrease ...

How many postings to fees earned for the month would be

How many postings to Fees Earned for the month would be needed in Eye Opener 3 if the procedure described in (a) Had been used; if the procedure described in (b) Had been used?

Assignmentthis assignment has 2 parts 1000 10 word theory

Assignment This assignment has 2 parts, 1000 + 10% word theory interpretation essay and a response to a practical application of the theory. The assignment must be typed, use Arial font, 12, to avoid plagiarism, make sur ...


Introduction                                                                                                       You are the professional accountant for The Sami Store owned by Mr. John Smith.  You have the task of pre ...

Why do organizations have internal audits compliance audits

Why do organizations have internal audits, compliance audits, or operational audits performed? Provide examples of what type of organization might have each of these audits and for what purpose? Who would want this infor ...

Assume that wal-mart stores inc has decided to surface and

Assume that Wal-Mart Stores, Inc. has decided to surface and maintain for 10 years a vacant lot next to one of its stores to serve as a parking lot for customers. Management is considering the following bids involving tw ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate