Value of fixed cost-target contribution margin, Accounting Basics

+44 141 628 6080
[email protected]

Value of fixed cost-target contribution margin

Contribution margin to sales ratio is 84% for the ABC Co. and the breakeven point in sales is Rs. 150,000. The company desires a target net income of Rs. 42,000.

What will be value of Fixed Cost?
What will be target contribution margin?
What would be the amount Actual sales?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Value of fixed cost-target contribution margin

Reference No:- TGS0555820

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Eliminate the gain from intra-entity

What journal entry should be recorded (*G) at the beginning of 2014 to eliminate the gain from intra-entity transaction?

Q : Tax consequences of the liquidation for rose

Rose Corporation stock is owned 85% by Pheasant Corporation and 15% by Crystal. In a liquidation subject to section 332, Rose distributies assets to Pheasant and Crystal in accordance with their ownership intersts. Discuss the tax consequences of

Q : Create cost of goods sold statement for year ended december

Prepare Cost of Goods Sold Statement for the year ended Dec 31st, 2009 by adjusting the closing inventories of work in process, finished goods and material. Also show complete working where required.

Q : Prepare the unadjusted trial balance on the worksheet

Prepare a multiple-step income statement, a statement of owner's equity, and a report form classified balance sheet.

Q : Value of fixed cost-target contribution margin

Contribution margin to sales ratio is 84% for the ABC Co. and the breakeven point in sales is Rs. 150,000. The company desires a target net income of Rs. 42,000. What will be value of Fixed Cost? What will be target contribution margin?

Q : How the bonds make semiannual payments

Ngata Corp. issued 17-year bonds 2 years ago at a coupon rate of 9.8 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM?

Q : Determining the effective rate of interest

A certificate of deposit has an annual rate of 6% compounded quarterly. Find the effective rate of interest. Show all work

Q : Mane company operates in five identifiable segments

Mane company operates in five identifiable segments, V,W,X,Y, and Z. during the past year, sales to unaffiliated customers and intersegment sales for each segment were as follow.

Q : Journal entries to record transactions

Prepare journal entries to record transactions related to compensated absences during 2010 and 2011

1937016

Questions
Asked

3,689

Active Tutors

1457044

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Value of fixed cost-target contribution margin

Reference No:- TGS0555820

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Eliminate the gain from intra-entity

Q : Tax consequences of the liquidation for rose

Q : Create cost of goods sold statement for year ended december

Q : Prepare the unadjusted trial balance on the worksheet

Q : Value of fixed cost-target contribution margin

Q : How the bonds make semiannual payments

Q : Determining the effective rate of interest

Q : Mane company operates in five identifiable segments

Q : Journal entries to record transactions

Medication for postoperative nausea and vomiting

Child prescribed prednisone for exacerbation of asthma

What if a parent of hispanc origin informs nurse of plans

How health care reimbursement is delivered

How to improve overall health of elementary school children

How would you instruct the patient to taper off clonazepam

How to prevent interference with an intravenous infusion

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Value of fixed cost-target contribution margin

Reference No:- TGS0555820

Recent Questions Asked Accounting Basics

Q : Eliminate the gain from intra-entity

Q : Tax consequences of the liquidation for rose

Q : Create cost of goods sold statement for year ended december

Q : Prepare the unadjusted trial balance on the worksheet

Q : Value of fixed cost-target contribution margin

Q : How the bonds make semiannual payments

Q : Determining the effective rate of interest

Q : Mane company operates in five identifiable segments

Q : Journal entries to record transactions

Asked Questions