User Account

All Pages

Find what sales volume is necessary to earn a net income

Assignment Help Managerial Accounting
Reference no: EM132572184

Flitwick Company charges a selling price of $50 per unit for its single product, incurs variable costs of $30 per unit, and total fixed costs of $400,000.

Question 1: What sales volume is necessary to earn a net income after tax of $72,000, assuming a tax rate of 25%?

Select one:

Option a. 20,000

Option b. 22,700

Option c. 23,250

Option d. 24,800

Option e. None of the above

Reference no: EM132572184

Questions Cloud

Discuss about the regression test case prioritization : TOPIC: Regression Test Case Prioritization using Genetic Algorithm. Summarize the selected papers, and describe "why and how" this paper is relevant.
Operational response failures from happening again : As an EM Training Coordinator, you have been assigned to identify and describe a disaster that occurred in your county or region
What is Maxwell cost of equity capital : Maxwell Industries has a debt- equity ratio of 1.5. Its WACC is 11 percent, and its cost of debt is 8 percent. What is Maxwell cost of equity capital
Detail who would be best to lead the type : Explain how you would best schedule approximately 1,000 employees and 50 volunteers/actors for training within the next year
Find what sales volume is necessary to earn a net income : Find What sales volume is necessary to earn a net income after tax of $72,000, assuming a tax rate of 25%? Flitwick Company charges a selling price of $50
What are the pros and cons of all four issues : Write a 4-5 page paper (deliverable length does not include the title and reference pages): What are the pros and cons of all four issues?
Closing case-the rise of lululemon : -What strategic decisions made by Wilson likely contributed to its early success?
What unit sales volume is necessary to earn a net income : Flitwick Company charges a selling price of $50 per unit. What unit sales volume is necessary to earn a net income before tax of $65,000?
Probability distribution for the mean loss from the pool : Ahmad's Toy Store faces the follow probability distribution of fire losses in its store over the next year:

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd