### In addition abc company sold 136 million barrels of

Assignment Help Accounting Basics
##### Reference no: EM13615619

ABC company reported the following operating information for are cent year(in millionsths

L Netsales                                   14,935

Cost of goodssold                         8,983

Marketing anddistribution              2590            11,590

Income fromoperations                   3,362

In addition ABC company sold 136 million barrels of product during the year. Assume that variable costs were 70% ofthe cost of goods sold and 45% of margeting anddistrubution expenses. Assume that the remaining costsare fixed. For the following year, assume that ABC Companyexpects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distrubution and general office facilities are expected to increase fixed costs by \$133million.  Round to the nearest cent.

A. Compute the break-even sales(barrels) for the currentyear.

B. Compute the anticipated break even sales(barrels) for the following year.

### Previous Q& A

#### What is the formula for the standard error of the sample

what is the formula for the standard error of the sample distribution when we know the population standard

#### Four identical particles each having charge q and mass m

four identical particles each having charge q and mass m are released from rest at the vertices of a square of side l.

#### Assuming that the distribution is normal for weight

assuming that the distribution is normal for weight relative to the ideal and 99 of the male participants scored

#### What is the total current through the parallel combination

a 41.0 omega resistor and a 93.9 omega resistor are connected in parallel and the combination is connected across a 120

#### The time that it takes a randomly selected job applicant to

the time that it takes a randomly selected job applicant to perform a certain task has a distribution that can be

#### Calculate the maximum value of resistance that can be

part a calculate the maximum value of resistance that can be obtained by combining resistors of 35 omega 44 omega and

#### At an activity level of 8700 machine-hours in a

at an activity level of 8700 machine-hours in a monthbraughton corporations total variable maintenance and repair

#### The mean home price in raleigh north carolina is 217600

the mean home price in raleigh north carolina is 217600. assuming that the home prices are normally distributed with a

#### If estimated uncollectibles as apercentage of sales or

georgia company reported accounts receivable of 16.5 millionat the end of its 2007 fiscal year. this amount was net of

#### X-ray photons of wavelength 00248 nm are incident on a

x-ray photons of wavelength 0.0248 nm are incident on a target and the compton-scattered photons are observed at 90

### Similar Q& A

#### 1nbspnbspnbspnbspnbspnbsp bankston corporation forecasts

1.nbspnbspnbspnbspnbspnbsp bankston corporation forecasts that if all of its existing financial policies are followed

#### Available-for-sale and held-to-maturity debt securities

available-for-sale and held-to-maturity debt securities entries the following information relates to the debt

#### How does the asset impairment measurement approach

How does the asset impairment measurement approach of SFAS No. 121, Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of, compare to deprival value?

#### Accounting practices and entries

Write a 700- to 1,050-word paper in APA format comparing and contrasting the different types of accounting, namely accrual, cash flow, and fund accounting. Be sure to consider the following:

#### Find the npv and pi of an annuity that pays 500 per year

1. find the net present value npv and profitability index pi of a project that costs 1500 and returns 800 in year one

#### Actual cash received from cash sales was 11279 and the

actual cash received from cash sales was 11279 and the amount indicated by the cash register total was 11256. what is

#### Would the adoption of ifrs increase transparency

As the U.S considers the adoption of IFRS, changes exist between presentation and disclosure in current U.S GAAP and IFRS. Based on your research, what are some of the similarities and differences between U.S. GAAP and IFRS?

#### Valueplus is a united states company

ValuePlus is a United States Company.

#### What should the company report on its balance sheet

What should the company report on its balance sheet at December 31, 2007, as accounts receivable before the allowance for doubtful accounts?

#### Determine the profit generated by the estimator

Your company completed the site work for the South Pointe office complex. The costs are shown in Figure 11-3. The site concrete labor and landscaping were done by subcontractors.

#### Fireout inc manufactures steel cylinders and nozzles for

fireout inc. manufactures steel cylinders and nozzles for two models of fire extinguishers 1 a home fire extinguisher

#### Thornton manufacturing is a small manufacturer that uses

thornton manufacturing is a small manufacturer that uses machine-hours as its activity base for assigned overhead costs