What is expected profit before taxes

Assignment Help Accounting Basics
Reference no: EM132635413

Question - One product line of Anita's Accessories (AA) is the assembly, testing, and marketing of a USB thumb drive - The Speedster.

The parts list for each unit is:

1 standard USB plug

1 USB mass storage controller

1 NAND flash memory chip

1 crystal oscillator

1 cover

In the table are the current variable costs per Speedster. The fixed costs associated with the manufacture and sales of this product are $480,000 per year and Anita's uses a marginal tax-rate of 20% for planning purposes.

Speedster

Sales Price (per unit) $25.00

Material cost (per unit) $6.00

Direct labor (per unit) $4.00

Variable OH (per unit) $7.00

Required - If AA sells 100,000 Speedsters what is expected profit before taxes?

Reference no: EM132635413

Questions Cloud

Create a motto to capture the intent of ally-ship : How does the Watson quote mirror those ideas? How can you identify, remain consistent, and practice sustainability in your ally development?
Record Journal entry to record issuance of bonds on January : Venezuela Co. is building a new hockey arena at a cost of $2,500,000. Record Journal entry to record the issuance of bonds on January 1, 2016
Discuss about perception that people are born into a culture : Provide 2 differences between the perception that people are born into a culture and the perception that a person becomes a member of a culture through.
Explain how locke and rousseau : Explain how Locke and Rousseau might respond to this case of the research lab and groupthink if they were confronted with this situation.
What is expected profit before taxes : The fixed costs associated with the manufacture - If AA sells 100,000 Speedsters what is expected profit before taxes
Does reading the article influence views on mass shooting : Does reading the article influence your views on the NRA & Mass Shootings? Why or Why Not? Read Article Deadliest U.S. Mass Shootings, 1984-2017 by Los Angles.
Explain the quantitative research step you should take : Describe at least one qualitative research step and one quantitative research step you should take before you begin. Describe your internal audiences.
What is the number of Speedsters required to earn a profit : The fixed costs associated with the manufacture and sales of this product are $480,000 per year. What is the number of Speedsters required to earn a profit
Explain three ways to decrease mass shootings : Read Article Deadliest U.S. Mass Shootings, 1984-2017 by Los Angles Times Staff. Explain the similarities and the differences in each shooting.

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