Determine the number of units of widgets

Assignment Help Accounting Basics
Reference no: EM132682822

Question - Bravo Company sells Widgets at $6 a unit. In FY 2016, fixed costs are expected to be $200,000 and variable costs are estimated to increase from $3 per unit to $4 a unit. Bravo wants to have a FY 2016 operating income of $40,000. Use this information to determine the number of units of Widgets that Bravo must sell in FY 2016 to meet this goal.

Reference no: EM132682822

Questions Cloud

How Detweiler technologies should report : Insert the appropriate amounts in the following excerpts from the company's partial balance sheet to show how Detweiler technologies should report
Consideration-legality and consent : A waitress claims her manager told the waitresses that whoever sold the most beer during the month would have her name placed in a drawing,
Determine the number of units of Widgets for Bravo : During FY 2016, Bravo Company plans to sell Widgets for $5.00 a unit. Determine the number of units of Widgets for Bravo to breakeven
Public and relevant branch of criminal justice system : Identify specific needs of the public and the relevant branch of the criminal justice system at the center of the departmental policy,
Determine the number of units of widgets : Bravo wants to have a FY 2016 operating income of $40,000. Use this information to determine the number of units of Widgets that Bravo must sell
Calculate the Profitability Index of this investment : SMC has an after-tax minimum required return on investments of 12%. Calculate the Profitability Index of this investment
Calculate the net cash flows for each year : Calculate the net cash flows for each year. Based on these cash flows, what are the project's NPV, IRR, Profitability Index (PI), and payback
Define social responsibility : Explain the role of evidence in supporting a theory. Define social responsibility. Describe one example of how a personal bias may differ from a theory.
By how much did the firm net income exceed : The company had no amortization charges, it had $3,200 of outstanding bonds that carry a 5% interest rate, By how much did the firm net income exceed

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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