How much sales are required to earn a target net income
How much sales are required to earn a target net income of $128,000 if total fixed costs are $160,000 and the contribution margin ratio is 40%?
A) $400,000.
B) $648,000.
C) $720,000.
D) $320,000.
Expected delivery within 24 Hours
Machine maintenance costs were $78,000 in May and $30,000 in November. Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 45,000 units.
Disney's variable costs are 30% of sales. The company is contemplating an advertising campaign that will cost $22,000. If sales are expected to increase $40,000, by how much will the company's net income increase?
Fallow-Hawke is a nonprofit organization that captures stray deer from residential communities. Fixed costs are $10,000. The variable cost of capturing each deer is $10.00 each. Fallow-Hawke is funded by a local philanthropy in the amount of $32,0
During March, 1,000 drives were sold. Fixed costs for March were $4.20 per unit for a total of $4,200 for the month. If variable costs decrease by 10%, what happens to the break-even level of units per month for Dodge Company?
Sutton Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable costs to make. During April, 700 drives were sold. Fixed costs for April were $4 per unit for a total of $2,800 for the month. H
The following monthly data are available for Tugg, Inc. which produces only one product: Selling price per unit, $42; Unit variable expenses, $14; Total fixed expenses, $70,000; Actual sales for the month of June, 4,000 units. How much is the marg
On January 1, 2005, Coot Company acquired a 15% interest in Roost Corporation for $120,000 when Roost's stockholder's equity consisted of $600,000 capital stock and $200,000 retained earnings. Book values of Roost's net assets equaled their fair v
A $1,000 face value corporate bond pays a $50 coupon every six months. The bond matures in 12 years and sells at a price of $1,080. What is the bond's nominal yield to maturity?
1961210
Questions Asked
3,689
Active Tutors
1441555
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
Write a 35- to 50-word explanation for each strategy describing the benefit for students.
Write a 1,000-1,250-word paper that identifies the steps associated with making decisions within in health care.
Define and distinguish between incidence rates and prevalence ratios. Calculate and describe incidence rate and prevalence ratios for your health issue
Evaluate the reliability and impact of forensic evidence in criminal investigations and trials, considering issues such as the potential for error
Identify the two different types of nonprofit organizations (e.g., 501(c)3, 501(c)4, 501(c)6) that you would like to compare.
What were Elon Musk's motives for creating SpaceX? How do these motives influence the kinds of decisions he made in creating the firm?
In this unit, we have focused on the thoughts and behaviors of diversity and inclusion in the U.S. and around the world.