How much are sales at mall location

Assignment Help Cost Accounting
Reference no: EM1374788

Hydra Company has 2 locations, downtown and at a suburban mall. Through March, the company reported total net income of $337,000 and sales of $1.2 million. The contribution margin in downtown store was $320,000 (40% of sales). The contribution margin in mall store is $200,000. Total fixed costs are $90,000 in downtown store and $93,000 in the mall location. How much are sales at mall location?

Reference no: EM1374788

Questions Cloud

Current market conditions paper : Analyze the current market conditions of the Home Depot. Include the history of the Home Depot, the market in which it operates role of government regulations of firm and any issues that the Home Depot faces.
Adjusting entry to account for sales tax : Carl's Video adds the amount of sales taxes collected directly in price charged for merchandise, and total amount is credited to Sales. During January, Sales was credited for $239,680. The 31st January adjusting entry to account for a 7 percent st..
Explain what are the effects of corruption on capitalism : Explain what are the effects of corruption on capitalism and foreign investment? Be sure to comprise at least the following points in your paper:
What are thoughts on the criteria used for extraordinary : What are your thoughts on the criteria used for Extraordinary Items as well as how useful are they if the application may be subjective as the above indicates? Please deliver some ideas and thoughts
How much are sales at mall location : The contribution margin in mall store is $200,000. Total fixed costs are $90,000 in downtown store and $93,000 in the mall location. How much are sales at mall location?
Immigration on the economy : Someone claim that immigration must always be good for economy because the raised supply of labor will result in a higher GDP. Estimate this statement.
Evaluate the balances - consolidated financial statements : For consolidated financial statements for 2011, evaluate the balances that would appear for the subsequent accounts: (1) Buildings (net), (2) Operating expenses, and (3) Non-controlling Interest in Subsidiary's Net Income.
Numerous automobile manufacturers from state j are exporting : Numerous automobile manufacturers from State J are exporting large numbers of cars to State K, taking over large share of State K's automobile market
State e however using the roads in state c : State E (a party to both the WTO and NAFTA), wish to deliver overland freight transportation services in State C using trucks operating out of stations in State D and State E however using the roads in State C. May they do so? To what extent? Why?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Determine the breakeven point in units

Determine the breakeven point in units for the Peoria plant and for the Moline plant and evaluate the operating income that would result from the production manager's plan to manufacture 96,000 units at each plant.

  Incurrence of direct labor costs

The journal entry to record the incurrence of direct labor costs in November would include the following for Work in Process - total cost of producing and selling the product

  Find the following statements is correct

Jay sold land (a capital asset) to an unrelated party for $20,000 cash and a 9% note for $100,000 due in two years. His basis in the land was $40,000. Which of the following statements is correct?

  Example on balance sheet

What amount can be reported as the noncontrolling interest in the consolidated balance sheet on January 1, 20X9?

  Evaluate the cost of goods

Evaluate the cost of goods completed and transferred out of the Assembly Department.

  Credit salaries payable for the net pay

FICA Tax Payable for 7.5 % of gross pay, credit Employees' income tax Payable for 15 percent of gross pay, and credit salaries payable for the net pay.

  Evaluate the cost will be recovered from future sales

Evaluate the cost will be recovered from future sales

  Find the labor efficiency variance

The standard costs and actual costs for direct materials, direct labor, and factory overhead for the manufacture of 2,500 units of product and find the labor efficiency (quantity) variance

  Evaluate how many units of product cedar

Evaluate how many units of product Cedar

  Prepare the entry record any adjustments required

Prepare the entry record any adjustments required due to the income tax rate increase.

  Evaluate the cost of the property

Evaluate the cost of the property to be recorded in the accounts. Prepare journal entries to reflect the revaluation for both building and land of the property.

  Prepare a complete statement of cash flows

Prepare a complete statement of cash flows

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