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Variable cost in New Shoes is the unit cost of the product. Fixed costs are the marketing expenses for a region along with the allocated product development expense. With a variable cost of $40 and fixed expenses of $3,000,000, the break-even price for 100,000 units would be: Breakeven price = [($3,000,000/100,000) + $40] = [$30 + $40] = $70 Using the fixed expenses and projected unit sales from the example, what would the break even price be if unit cost is $35? Break-even price = If the break-even price is $70, and your target return on sales is 15%, what is the selling price? Selling price =
1.On October 1, 2013, the Submarine Sandwich Company entered into a franchise agreement with an individual.
What is the nominal dollar amount of your last withdrawal? (Do not round intermediate calculations and round your final answer to 2 decimal places and what is the HPY on your investment?
A retailer in Atlanta ordered a shipment of shoes totaling $15800 from a vendor in California the shipping cost was $220 the shoes were shipped FOB Atlanta charges reversed. The shoe vendor gave the retailer a 1% damage allowance. How much did the re..
Brooks Corporation sells computers under a 2-year warranty contract that requires the corporation to replace defective parts and to provide the necessary repair labor. During 2014, the corporation sells for cash 471 computers at a unit price of $3,01..
Purpose a vertical analysis of the income statement showing appropriate percentages for each item listed above. and what additional information would you need to determine whether these percentages are good or bad?
Sorento Company has two divisions: Sporting Goods and Sports Gear. The sales mix is 35% for Sporting Goods and 65% for Sports Gear. The company incurs $70,000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports G..
The following information was taken from Slater Company's balance sheet: Determine the company's ratio of fixed assets to long-term liabilities. Determine the company's ratio of liabilities to stockholders' equity.
question a company produces various products. it uses the job order costing system and allocates variable overhead on
ABC Company wants to have $79,596 in three years. The company intends to accumulate that amount by making equal semi-annual cash deposits every six months for three years into a bank account that pays 8% interest compounded semi-annually. Calculate t..
Green Company makes a product, Gloworm, in a two-part process. Gloworm is assembled in Department A and then goes to Department B for finishing. Prepare a cost of production report for Department B using the FIFO method.
Your company's summarized financial information for the beginning and projected end of the current year is as follows: Beginning of the Year - Assets $90,000, Liabilities 30,000, Equity 60,000, Net Income = Blank. End of the Year (projected) - Assets..
detailstoday many companies face budgetary challenges on a continual basis. two critical aspects that businesses lack
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