Determine the price would be charged to earn a before tax

Assignment Help Financial Accounting
Reference no: EM132761423

The Body Fit Company sells high-energy bars to supermarkets for P135 per year. Variable cost is P45 per bar and annual fixed costs are P1,440,000.

Problem 1: Determine the following:

a. The breakeven point in pesos and units.
b. The volume required to earn a before-tax profit of P360,000.
c. The volume required to earn an after 40% tax return of 15%.
d. The price would be charged to earn a before tax profit of P300,000 if Body Fit Company can sell 30,000 bars.

Reference no: EM132761423

Questions Cloud

Disadvantages of having a bacterial capsule : What are the disadvantages of having a bacterial capsule?
What is the post-tax cost of debt for the newly-issued bonds : What is the post-tax cost of debt for the newly-issued bonds? CosaNostra Pizza is undergoing a major expansion. The expansion will be financed by issuing
Develop a detailed operations plan for an operation : Provide a critical review of this key operation and its management that might underpin its future improvement and contribution to the company's competitive
Describe what life span considerations : Describe what life span considerations you might use in applying the nursing process to infants, school-age children, younger adults,
Determine the price would be charged to earn a before tax : Body Fit Company, Determine the price would be charged to earn a before tax profit of P300,000 if Body Fit Company can sell 30,000 bars.
The X Fragile-Sickle Cell Anemia : The Budget Narrative expands on the line items of the budget, providing a reviewer detail and justification for how you arrived at the projected dollar amounts.
Calculate the weighted-average cost of capital : Gamma Corporation has an optimal debt to equity ratio of 65 percent. Its cost of equity capital is 13 percent and its before-tax borrowing rate is 6 percent.
Find what amount of direct materials to be back-flushed : What amount of direct materials to be back-flushed to Finished Goods is? Raw materials are back-flushed from RIP account to finished goods.
What are standard deviations of the returns on the shares : You believe that there is a 50 per cent chance that the share price of Company L will decrease by 12 per cent and a 50 per cent chance that it will increase.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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