What is the stores total profit

Assignment Help Accounting Basics
Reference no: EM132730096

Question - Wally's Interior Design sells curtains. The selling price of a set of curtains is $1,450 and the variable (flexible) costs per set of curtains is $412. The Total Fixed Cost for the store are $91,653. What is the stores total profit when 200 sets of curtains are sold?

Reference no: EM132730096

Questions Cloud

Monthly sales for a five-month period : National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a five-month period were as follows:
Evaluate what the ending work in process inventory is : What the ending work in process inventory is? Calculate the beginning work in process inventory. Cost of goods manufactured .. P80
What is the service level : The daily demand follows a normal distribution with a standard deviation of 20 packs. The supplier, who is located in another state, has an average LT of 1 day.
Define maturity stages and performance dimensions : Review the section on the definitions of maturity stages and dimension variables in the CEO Technology Best Practices Arc. Define each of the maturity stages.
What is the stores total profit : The selling price of a set of curtains is $1,450 and the variable (flexible) costs per set of curtains is $412. What is the stores total profit
What should trump report on income statement : Trump Company, What should Trump report on its 2015 income statement as a result of the increase in fair value of the investments in 2015?
What is the average inventory : -If the distributor wants a 97% service level, what is the base stock level that the distributor should target? What is the average inventory?
Compute and interpret the key financial ratios : Compute and interpret the key financial ratios using formulas. You can also extract the financial ratios reported in the financial analysis of the company
Analyze the details of the lease agreement : Analyze the details of the lease agreement and determine whether it should be classified as an operating or a capital lease by ABC Corporation

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare windsors august journal entry and the annual entry

Prepare Windsor's August 1 journal entry and the annual adjusting entry on December 31. Prepare journal entries, treating the initial August 1 expenditure

  What is the nature of lease assuming sandhill follows ifrs

Sandhill Corporation recently needed to find temporary inventory storage space. What is the nature of the lease assuming Sandhill follows IFRS 16?

  How could an organization measure the effectiveness

How could an organization measure the effectiveness of their pay-for-performance plans?

  Why is it important for an organization

Why is it important for an organization to have a website?

  Presented is information related to rogers co for the month

presented is information related to rogers co. for the month of january 2010. ending inventory per perpetual records

  What is the amount of Crane goodwill

Over the past five years, Crane reported an average net profit of $150,000, and the book value of its stock is $500,000. What is the amount of Crane goodwill

  Discuss the financial performance of company

Financial Analyst to evaluate the financial performance of company

  Describe the role of the fasb in monitoring and controlling

explain the role of the fasb in monitoring and controlling business reporting and accounting practices in the modern

  Describe one or two characteristics of that accounting

Do you think that it was a manual system, legacy system, or an integrated IT system? Describe one or two characteristics of that accounting information system that lead you to your conclusion.

  What would be the company net operating income

What would be the company's net operating income if the marketing manager's recommendation is adopted

  Calculate capital cost allowance for automobile transactions

How do Calculate the capital cost allowance for the automobile transactions of Tate Advertising in 2016 and 2018, Tate Advertising

  Compute shaw net cash provided by operating activities

Adjustments were depreciation expense $81,000, and increase in accounts receivable $8,100. Compute shaw's net cash provided (used) by operating activities.

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