Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Shirts Unlimited operates a chain of shirt stores that carry many styles of shirts that are all sold at the same price. To encourage sales personnel to be aggressive in their sales efforts, the company pays a substantial sales commission on each shirt sold. Sales personnel also receive a small basic salary.
The following worksheet contains cost and revenue data for Store 36. These data are typical of the company's many outlets:
The company has asked you, as a member of its planning group, to assist in some basic analysis of its stores and company policies.
Calculate the annual break-even point in dollar sales and in unit sales for Store 36. (Do not round intermediate calculations. Omit the "$" sign in your response.)
If 19,900 shirts are sold in a year, what would be Store 36's net operating income or loss? (Input the amount as a positive value. Do not round intermediate calculations. Omit the "$" sign in your response.)
The company is considering paying the store manager of Store 36 an incentive commission of $0.80 per shirt (in addition to the salespersons' commissions). If this change is made, what will be the new break-even point in dollar sales and in unit sales? (Do not round intermediate calculations. Round your final answers to 2 decimal places. Omit the "$" sign in your response.)
Refer to the original data. The company is considering eliminating sales commissions entirely in its stores and increasing fixed salaries by $110,500 annually. If this change is made, what will be the new break-even point in dollar sales and in unit sales in Store 36? (Do not round intermediate calculations. Omit the "$" sign in your response.)
If a firm has a breakeven point of 20,000 units and the contribution margin on the firm's single product is $3.00 per unit and fixed costs are $60,000, What will the firm's net income be at sales of 30000 units?
Prepare journal entries to record the following retirement. (Show computations and round to the nearest dollar). The December 31, 2010 balance sheet of Wolfe Co. included the following items:
Identify drivers of those activities, bearing in mind that it must be easy to measure and record the values of the drivers. Do you see any potential benefit in implementing ABC for Netflix?
in april 2011 of this year emma acquired a used machine for 60000 for use in her business. the machine is classified as
the predetermined overhead rate for zane company is 5 comprised of a variable overhead rate of 3 and a fixed rate of 2.
The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. What will sales be for the Sporting Goods Division at the break-even point?
She also expected additional case expenses amounting to $3,000 per years. The cost of capital is 12%. Assume there are no income taxes.
next years sales forecast shows that 20000 units of product a and 22000 units of product b are going to be sold for
When auditing inventories of raw materials, purchased parts, and/or merchandise inventory, the auditor's most effective means for evaluating the valuation assertion is to
Record treasury stock transactions using cost method for: a) bought 300 shares of common stock as treasury shares@ 62 b) sold 80 shares of treasury stock at 60 c) sold 40 treasury shares at 68.
Should any of the overhead costs at year-end be added to Job W? If so, how much? Explain.
manatee company closes its books monthly. on september 30 selected ledger account balances are notes
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd