Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Gigi LeBlanc founded a company to produce a special bicycle suspension system several years ago after her son, who worked for a bicycle delivery service, was hurt in a riding accident. The market's response has been overwhelmingly favorable to the company's new suspension system. Riders report feeling that they experience fewer "unpredictable" bumps than with traditional suspension systems. Gigi made an initial investment of $100,000 and has set a target of earning a 30 percent before-tax return on her investment. Gigi expects her company to sell approximately 10,000 suspension systems in the coming year. Based on this level of activity, variable manufacturing costs will be $5 for each suspension system. Fixed selling and administrative expenses will be $2 per system, and other fixed costs will be $1 per system.
Required:
A. Calculate the sales price that Gigi LeBlanc's company must charge for a suspension system if she is to earn a 30 percent before-tax return on her investment.$ per unit
B. Calculate the company's break-even point. units
C. Assuming that Gigi's company maintains the current activity level, how can she increase her pre-tax return on investment to 35 percent?
Tylon's Hardware uses a flexible budget to develop planning information for its warehouse operations. Determine the 20X9 static budget variances. Determine the 20X9 flexible budget variances.
Is this a GASB rule or a FASB rule? What statement would the numbers be reflected on?
the following materials standards have been established for a particular product nbspnbspstandard quantity per unit
Assume that this transfer qualifies as a like-kind exchange except for the amount of boot (if any). Bert assumes the $240,000 mortgage on the strip mall. Show your work!
An error was made in the computation of the percentage-of-completion of the current year's ending work-in-process inventory. The error resulted in assigning a higher percentage-of-completion to each component of the inventory than actually was the..
the nichols clinic purchased a new surgical laser for 96000. the estimated salvage value is 6000. the laser has a
jessich inc management estimates that 39 of credit sales will be collected in the month of sale with a 2 prompt payment
A On January 1, 2012, Sather Company had Accounts Receivable of $54,200 and Allowance for Doubtful Accounts of $3,700. Sather Company prepares financial statements annually. During the year, the following selected transactions occurred.
Isabella provides 30% of the support for her father Hastings who lives in an apartment by himself and has no gross income. Is it possible for Isabella to claim a dependency exemption for her father? Explain.
write down a paper which describes the main aspects of regulatory environment which will protect the public from fraud
Browne and Red, both C corporations, formed the BR partnership on january 1, 2009.neither Browne nor Red is a personal service corporation, and BR IS NOT A TAX SHELTER. BR'S GROSS RECEIPTS WERE $4.6 million, $5 million, $6 million, and $7 million ..
using the entity theory, at what amount would land be reported in a consolidated balance sheet prepared immediately after the combination?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd