Anticipated sales targets

Assignment Help Accounting Basics
Reference no: EM13139623

Sanderson sells a single product for $45 that has a variable cost of $35. Fixed costs amount to $5 per unit when anticipated sales targets are met. the company sells one unit in excess of its break-even volume, profit will be:

Reference no: EM13139623

Questions Cloud

The credit period begins with what date : Merchandise is ordered on June 13; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on June 16
What is the average thickness of the sheet in meters : If a 190 mg piece of gold (density =19.32 g/cm^3) is hammered into a sheet measuring 2.1*1.0 ft, what is the average thickness of the sheet in meters?
Probability-mean breaking strength untreated specimens : A clothing manufacturer tests an SRS of 3 specimens of each fabric. (a) What is the probability that the mean breaking strength of the 3 untreated specimens exceeds 49 pounds.
Numerous signs in the literature : In recent years there has been numerous signs in the literature of accounting of an increasing awareness of the need to develop a framework of accounting theory against which the procedures and practices of accountants in their everyday work may be m..
Anticipated sales targets : Sanderson sells a single product for $45 that has a variable cost of $35. Fixed costs amount to $5 per unit when anticipated sales targets are met. the company sells one unit in excess of its break-even volume, profit will be:
What volume of the liquid should he use : An experiment requires 42.0 g of ethylene glycol, a liquid whose density is 1.114 g/mL. Rather than weigh the sample on a balance, a chemist chooses to dispense the liquid using a graduated cylinder.
Best estimate of the stock price per share : The balance sheet also shows $90 million in accounts payable, $120 million in notes payable, $300 million in long-term debt, $50 million in preferred stock, $180 million in retained earnings, and $800 million in total common equity. If the company..
Understand the beliefs of other religious groups : Explain why it is important for you personally to understand the beliefs of other religious groups. Explain at least one way that not understanding other religions can cause conflicts, whether between co-workers, neighbors, or even countries.
Find probability mean weight for sample trout exceeds value : The mean weight is 402.7 grams and the standard deviation 8.8 grams. What is the probability that the mean weight for a sample of 40 trout exceeds 405.5 grams?

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Type a reorganization

Shipyard Corp. acquired Boatworks Corp. in a Type A reorganization on October 19, 2011. On the date of acquisition, Boatworks had a deficit in its earnings and profits of $30,000.

  Determining cost function of firm

Find out the range of outputs for which cost function C(q) = f +cq^2 where c>0 is characterized by

  Prepare a personal budget, balance sheet and cash flow

Choose a client or yourself. For confidentiality purposes, use a fictitious name.

  Find relation between tolerable misstatement, inherent risk

How do the calculation and comparison to previous years of the gross margin percentage and the ratio of accounts receivable to sales are related to the conformation of accounts receivable and other tests of the accuracy of accounts receivable?

  Write the memo as if you were the ceo of your current

Your suggested scorecard, which will be open to feedback from your senior managers, should include certain objectives, key performance indicators, and specific goals as a starting point for conversation.

  Why are bank reconcilations so important

During the preparation of the bank reconciliation for New Concepts Co., Peter Fikes, the assistant controller, discovered that City National Bank incorrectly recorded a $710 check written by New Concepts Co. as $170.

  Recording journal entry for issuance of stock

Prepare the journal entry to record Zende Company's issuance of 75,000 shares of $5 par value common stock assuming the shares sell for

  Determine the total dividends paid to each class

Wade's outstanding stock consists of 40,000 shares of noncumulative 7.5% preferred stock with a $10 par value and also 100,000 shares of common stock with a $1 par value.

  Problem regarding demand for catnip

If the demand for 'catnip' increases: A. The supply of 'catnip' must have gone up B. The incomes of cat owners must have gone up.

  Establish an investment program

Two parents have decided to establish an investment program. They estimate it will cost $40,000 per year for four years. Their investment program will earn them 10 % over the years. How much do they have to deposit for a lump sum?

  Compute next years total expected fixed costs

Cinquante Company expects to sell 100,000 units of its product next year, which would generate total sales of $12 million. Management predicts that pretax net income for next year will be $3,000,000 and that the contribution margin per unit will b..

  What should the unit price be

Cara has received a special order from a foreign company for 5,000 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $4,250 for shipping.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd