How many hammers will have to be sold in june to maintain

Reference no: EM13482546

Lagerfield Company reported the following results from the sale of 4,220 hammers in May: sales $198,340, variable costs $88,620, fixed costs $64,000, and net income $24,000. Assume that Lagerfield increases the selling price of hammers by 10% on June 1. How many hammers will have to be sold in June to maintain the same level of net income? (Round answer to the nearest unit).

Reference no: EM13482546

Questions Cloud

Jim taylor wants taylor company to use cvp analysis to : jim taylor wants taylor company to use cvp analysis to study the effects of changes in costs and volume on the company.

Make a list of all fixed costs associated with running the : for this we must do tasks related to a retail store selling dvds. this business is relatively simple with approximately

Your comments require in this regard whether sitara textile : scenariositara textile is one of the renowned textile companies in pakistan. it has a strong supply chain network of

William manufacturing company began implementing a : william manufacturing company began implementing a just-in-time inventory system several months ago. the production and

How many hammers will have to be sold in june to maintain : lagerfield company reported the following results from the sale of 4220 hammers in may sales 198340 variable costs

Prepare year-end adjustments to the following situations : prepare year-end adjustments to the following situations. omit explanations.accrued interest on notes receivable is

Fidelitys income tax rate is 40 at january 1 2013 fidelitys : for the year ended december 31 2013 fidelity engineering reported pretax accounting income of 977000. selected

Kobyashi moru reports its inventory fixed assets : kobyashi moru reports its inventory fixed assets depreciation and cost of goods sold on a current value basis fair

If the firm desires to net 450 per unit in profit over : taurus tools has developed a new kitchenutensil. the firm has conducted significant market research and estimated the

User Account

All Pages