How much does sutton''s operating income increase

Assignment Help Accounting Basics
Reference no: EM131793581

Question - Sutton Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable costs to make. During April, 700 drives were sold. Fixed costs for April were $4 per unit for a total of $2,800 for the month. How much does Sutton's operating income increase for each $1,000 increase in revenue per month?

$700.

$500.

$14,000.

Not enough information to determine the answer.

Reference no: EM131793581

Questions Cloud

Prepare the stockholders equity section : The company's balance in retained earnings is $ 75,000. Prepare the stockholders' equity section of the company's balance sheet
Find the relative maxima and minima, if any exist : (a) Find all critical values, including those at which f'(x) is undefined. (b) Find the relative maxima and minima, if any exist.
How much net income should be distributed to carr : Net income for the year was $440,000. How much net income should be distributed to Carr
What are the equivalent units produced of direct material : A department had 12,500 units which were 20% complete in beginning Goods in Process Inventory. What are the equivalent units produced of direct material
How much does sutton''s operating income increase : How much does Sutton's operating income increase for each $1,000 increase in revenue per month
What is american psychological association reference style : What is the American Psychological Association reference style and discuss the main components in avoiding plagiarism.
Discuss revenue associated with contribution be recognized : When should the revenue associated with this contribution be Recognized
Trina must inform her employer of her religious practices : Trina must inform her employer of her religious practices before an employer has a duty to accommodate them.
What must the expected return on the stock be : A stock has a beta of 1.69, the expected return on the market is 0.08, and the risk-free rate is 0.05. What must the expected return on this stock be?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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