Zippy Company reported the following amounts in its financial records. Net income is $60,000 The balance of retained ear
Posted: Thu May 19, 2022 12:13 am
- Zippy Company Reported The Following Amounts In Its Financial Records Net Income Is 60 000 The Balance Of Retained Ear 1 (38.59 KiB) Viewed 56 times
- Zippy Company Reported The Following Amounts In Its Financial Records Net Income Is 60 000 The Balance Of Retained Ear 2 (48.64 KiB) Viewed 56 times
- Zippy Company Reported The Following Amounts In Its Financial Records Net Income Is 60 000 The Balance Of Retained Ear 3 (42.19 KiB) Viewed 56 times
Zippy Company noted the following percentage change in selected accounts. Current Forecast Percent Change Sales 30,000 36,000 + 20% Variable Costs 18,000 21,600 Fixed Costs 10,000 10,000 EBIT 2,000 4,400 +120% What is Zippy's operating leverage? .20 1.2 6 .17
Zippy Company wants to know what it's break even point as it expands its product line. Given the follow data, what is the breakeven point in units produced and sold? Average selling price per unit $18.00 Variable cost per unit $13.00 Units sold $400,000 Fixed costs $650,000 Interest expense $50,000 180,000 140,000 150,000 130,000