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!
Contribution Income Statement and Operating Leverage Willamette Valley Fruit Company started as a small cannery-style operation in 1999. The company now processes, on average, 20 million pounds of berries each year. Flash-frozen berries are sold in 30 pound packs to retailers. Assume 650,000 packs were sold for $75 each last year. Variable costs were $42 per pack and fixed costs totaled $14,250,000.
Question (a) Show a contribution income statement for the year ended December 31. HINT: Use a negative sign with both "costs" answers.
Question (b) Determine the company's operating leverage. (Round your answer to two decimal places.)
Question (c) Calculate the percentage change in profits if sales decrease by 10 percent. (Round your answer to one decimal place.)
Question (d) Management is considering the purchase of several new pieces of packaging equipment. This will increase annual fixed costs to $15,500,000 and reduce variable costs to $40 per crate. Calculate the effect of this acquisition on operating leverage and explain any change. (Round your answers two decimal places.)
What is the real risk-free rate of return, r*? Disregard any cross-product terms, i.e., if averaging is required, use the arithmetic average.
the characteristic of a partnership that gives the authority to any partner to legally bind the partnership and all
Amy, a real state broker, had the following income and expenses in her business: How much net income must Amy report on her Schedule C
Inventory items with a cost of $2,070 were excluded from ending inventory. Determine the correct final balance of Inventory
a summary of cash flows for westward travel service for the year ended october 31 2014 is shown below. cash receipts
The Scampini Supplies Company recently purchased a new delivery truck. The new truck cost $22,500, and it is expected to generate net after-tax operating cash.
Prepare a horizontal analysis of the segment data using the prior year as the base year. Round all percents to one decimal place. Enter all amounts in millions
Locate an article on accounting research. Summarize the article and post the link in your post for your classmates to read.
The stockholders' equity accounts of Sigma Corporation on January 1, 2010, were as follows. Journalize the transactions.
during the month of october 2011 miller company had the following transactions 1. revenues of 10000 were earned and
the following information was available for pete company at december 31 2014 beginning inventory 90000 ending inventory
Evaluate how the status of the pension fund affects the level of risk that must be reported in the annual report. Justify your answer.
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