Compute next years total expected fixed costs

Reference no: EM13125129

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 be $40.

(a) Compute next year's total expected variable costs.

(b) Compute next year's total expected fixed costs.

Reference no: EM13125129

Questions Cloud

Problem related to passive loss deduction : In the current year, Galaxy Corporation, a closely held C corporation that is not a personal service corporation, has $80,000 of passive losses, $60,000 of active business income, and $10,000 of portfolio income. How much of the passive loss may G..

Explain how should dividends be distributed : In the company's first year of operation, no dividends were paid. During the second year they paid $50,000. Explain how should dividends be distributed?

Create condience interval for current porportion of adults : The sameple you found that 114 of those adults sampled over the age of 24 smoke. Develop a 95% condience interval for the current porportion of adults over the age of 24 who smoke.

Write a balanced equation for the reaction : Write a balanced equation for the reaction. What volume of 0.200M MnO4- solution is needed to titrate 22.5mL of a 0.350M solution of ethanol?

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..

Real property tax and person liability : The real property tax year in Adams County is the calendar year. The real property tax becomes a person liability of the owner of real property on January 1 in the current real property tax year 2009.

Determine the numerical value of k : It is found for the reaction A + B > C that doubling the concentration of either A or B while keeping the other one constant quadruples the reaction rate. Write a rate law for the reaction

Population mean weight is in range of sample mean : How many more sheep should be included in the sample if we want to say with 98% confidence that the population mean weight of the Jacob sheep is within 2.0 lb of the sample mean?

Systems of equations-speed : Flying against the jetstream, a jet travels 4550km in 7 hours. Flying with the jetstream, the same jet travels 5340km in 6 hours. What is the speed of the jet in still air, and what is the speed of the jetstream?

User Account

All Pages