How many units must be sold
George Jetson's Rosies sell for $200 per unit, and their variable costs per unit are $110. The fixed costs are $500,000. If Mr. Jetson wants to earn $25,000 pretax income, how many units (Rosies) must be sold?
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Bob believes she will need $99,999 annual income during early retirement. If she can achieve a 4% return during retirement and believes she will live 50 years after retirement, how much does she need to save by the time she retires?
Olin Company had accounts receivable of $452,000. Before it recorded the adjusting entry for uncollectible accounts, the balance in the Allowance for Doubtful Accounts was $904.
Gearz Company has break-even point of 7,000 units, fixed costs are $150,000 and variable costs are $550,000 in total. what is the unit sales price?
Alma's Recording Studio rents studio time to musicians in 2-hour blocks. Each session includes the use of the studio facilities, a digital recording of the performance, and a professional music producer/mixer.
Sturdy Packaging makes cardboard shipping cartons in a single operation. This period, Sturdy purchased $125,000 in raw materials. Its production department requisitioned $90,000.
The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter.
A company has the choice of either selling 600 defective units as scrap or rebuilding them. The company could sell the defective units as they are for $8.00 per unit.
Comapny A uses LIFO inventory cost flow assumption. It expects not to have enough inventory at year end, therefore, it decides to buy Company B's excess inventory.
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