Compute her operating leverage factor

Assignment Help Accounting Basics
Reference no: EM13551124

Suppose Sandy sales 1,000 posters. Her average sale price is $32 and her average cost for posters is $12. her fixed expenses total $12,000
Compute her operating leverage factor. If sales volume increase 4%. What chart percentage will her operating income change? Prove your answer. (Your answer should be two decimal places).
Formula: Contribution Margin / Operating Income.

If sales volume increase 4%, by what percentage will her operating income change? (Round the percentage to nearest percent).

Reference no: EM13551124

Questions Cloud

Define what altitude does the balloon reach : Non-stretch fabric means the pressure inside the balloon equals the outside pressure at all times. Assume the temperature of the helium equals the outside air temperature. Take air to be (20 mol % oxygen, 80 mol % nitrogen). What mass of helium wa..
Summary journal to record raw material used : Prepare a summary journal to record raw material used
Determine what pressure does she exert on the floor : A 43.2 kg woman balances on one heel of a pair of high-heeled shoes. If the heel is circular with radius 0.692 cm, what pressure does she exert on the floor
Explain the metal catalyzed oxidation of linoleic acid : Show each step of the formation of the most likely hydroperoxides from the metal catalyzed oxidation of linoleic acid
Compute her operating leverage factor : Compute her operating leverage factor
Find magnetic field should be used in the second generator : One generator uses a magnetic field of 0.15 T and has a coil area per turn of 0.045 m2. A second generator has a coil area per turn of 0.015 m2. What magnetic field should be used in the second generator
Explain the corresponding methods that slowdown : List the factors affecting the rate of lipid oxidation and give the corresponding methods that slowdown lipid oxidation
Explain the concentration of the unknown h3po4 solution : What is the concentration of the unknown H3PO4 solution. The neutralization reaction is as follows: H3PO4 +3NaOH-->3H2O +Na3PO4
Activity-based costing : Activity-Based Costing

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Select one organization of virtual organizations from

select one organization of the virtual organizations from the student website.write a 1400- to 2100-word paper in which

  Improvement by reducing the standard costs

In order to achieve a 25% multifactor productivity improvement by reducing the standard costs, how much should these costs be reduced?

  Problem regarding expected net income

What would expected net income be if the company experienced a 10 percent increase in fixed costs and 10 percent increase in sales volume?

  Q1 abigail manchester set up a business selling keep fit

q1. abigail manchester set up a business selling keep fit equipment trading under the name of keep fit. she put

  List of common accounting acronyms

Presented below is a list of common accounting acronyms. Identify the term for which each acronym stands, and provide a brief definition of each term.

  Problem of earnings per share of common stock

Hill Corp. had 600,000 shares of common stock outstanding on January 1, issued 900,000 shares on July 1, and had income applicable to common stock of $1,050,000 for the year ending December 31, 2010. Earnings per share of common stock for 2010 woul..

  Computing year-end earnings per share

On January 1, Toga Corporation granted stock options to top management. The options are exercisable within 4 years from the date of grant only if the employees are still in Toga's employ. When computing year-end earnings per share at December 31, ..

  Account analysis method used to determine cost behaviors

Which of the following costs would most likely be classified as variable assuming the account analysis method is used to determine cost behaviors?

  How many units must racer sell in order to break even

Racer Industries has fixed costs of $900,000. Selling price per unit is $250 and variable cost per unit is $130.

  Casualty loss deduction

Sarah came home one day to find significant water damage in her home. Apparently one of the hoses to her washing machine had worn out and split, spilling water all over the place. Over the next month, mildew appeared as well.

  Greenfield company realized a large gain on the sale of

the following statement is an excerpt from asc-270-10-45-1-2 paragraphs 9 and 10 of abp opinion no. 28 interim

  What is erin tax preference for excess depletion

Erin owns a mineral property that had a basis of $10,000 at the beginning of the year. The property qualifies for a 15% depletion rate. Gross income from the property was $120,000 and net income before the percentage depletion deduction was $50,00..

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