Calculate the number of units sold

Assignment Help Financial Accounting
Reference no: EM13130594

Felde Company had $154,300 of net income in 2011 when the selling price per unit was $146, the variable costs per unit were $81, and the fixed costs were $604,250. Management expects per unit data and total fixed costs to remain the same in 2012. The president of Felde Company is under pressure from stockholders to increase net income by $103,350 in 2012.


Compute the number of units sold in 2011.

Reference no: EM13130594

Questions Cloud

Find probability that all five machines are nondefective : A company selects five of the machines at random, thinking all are in working condition. What is the probability that all five of the machines are nondefective?
Is media bias necessarily : Is media bias necessarily and always a bad thing? In what ways might it be useful
Compute the piecework earnings : during the first week in November, Erin Mills worked 451/2 hours and produced 1,275 units under a piece-rate system. The regular piece rate is $0.35 a unit.
Explain how much will working capital at december : Assume that no correcting entries were made at December 31, 2010, or December 31, 2011 and that no additional errors occurred in 2012. Ignoring income taxes, by explain how much will working capital at December 31, 2012 be overstated or understate..
Calculate the number of units sold : The president of Felde Company is under pressure from stockholders to increase net income by $103,350 in 2012. Calculate the number of units sold in 2011.
Partnership earned net income : O. Guillen (beginning capital, $69,000) and K.Williams (beginning capital ($82,000) are partners. During 2008, the partnership earned net income of $71,400, and Guillen made drawings of $18,700 while Williams made drawings of $32,200.
Terminating and repeating decimals : State whether each of the following fractions is a terminating or repeating decimal. If the decimal terminates, state the number of decimal places and show how you decided.
Compute the slope of the ols regression line : The correlation between the two variables is 0.4. Hourly earnings are regressed on years of education. What is the slope of the OLS regression line?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Explain how much income did harley report from bike

During 2010, Bike reported net income of $500,000. For 2011, Bike reported net income of $800,000. Dividends of $300,000 were paid in each of these two years. Explain how much income did Harley report from Bike for 2011?

  Analysis of various discounted cash flow methods

Analysis of various Discounted Cash Flow methods - Why do many operating managers still use payback and accounting return on investment despite their drawbacks?

  Evaluate the equivalent units of product

Evaluate the equivalent units of product for (1) materials and (2) conversion cost for each month and calculate the physical units for January and May.

  Identify and strengths and/or weakness in analysis

Identify and strengths and/or weakness you identified in your analysis. and Any recommendations you feel are warranted at this time.

  Purpose the investment related asset and stockholders

Journalize the entries to record the preceding transitions and purpose the investment related asset and stockholders equality balance sheet disclosures for Roman Products.

  Depreciation affect gain or loss on sale of the plant asset

How would using the sum-of-the-years'-digits method of depreciation instead of the double-declining-balance method of depreciation affect a gain or loss on the sale of the plant asset?

  For first quarter prepare a cash budget

direct labor $70,000, manufacturing overhead $35,000, selling and administrative expenses $45,000; and purchase of securities $14,000. Aaron wants to maintain a balance of at least $25,000 cash at the end of each quarter. For first quarter p ..

  Evaluate the cash payback period for each proposal

Evaluate the cash payback period for each proposal. Arrange a differential analysis report, dated 15 th November of the present year, on whether the equipment should be leased or sold.

  Present an essay on legal issues surrounding solyndra

Ethical frameworks were discussed in chapter four of the text and you should be recognizable with these from Business Law. APA format.

  Evaluation of criteria for internal control system

Evaluation of criteria for internal control system and analyzing internal control payments to their respective accounts.

  Illustrate what are some of the risks of the interviewer

Illustrate what are some of the risks of the interviewer basing their decisions on these interpretations? How can the interviewer minimize or avoid these risks?"

  Determine the yield-to-maturity

What annual payment did you, as an original bondholder, receive and  What was the yield-to-maturity (YTM) of the bonds at their date of issue?

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