Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Super Sharp manufactures and sells two products. The first product is a disposable shaving razor blade that lasts about 7 days. The second product is shaving cream. Customers of the first product use one bottle of shaving cream every 28 days. As a result, razor blades outsell shaving cream by a 4:1 ratio. Shaving Cream sells for $8 per bottle, and has a contribution margin ratio of 50%. The razor blades sell for $3 per blade, but only generate variables costs of $1.50. The company’s total fixed costs are $3,500,000.
Requirements:
What level of total sales is necessary to achieve break even?
If a competitor began selling razors that forced Super Sharp to reduce the price for its razors to $2.50 (to maintain market share and the 4:1 ratio of razors to shaving cream), how many Razor sets must be sold for the company to break even?
Quality Health Care has cash of $450,000, accounts receivable of 1.45 million, inventory of $250,000 building and equipment of $1.5 million and long-term investments of 2.4 million. They have accounts payable of $950,000 and long-term debt of $3 mill..
Prepare Takemoto's November 1, 2010, entry; the December 31, 2010, annual adjusting entry; and the February 1, 2011, entry.
True of False. The Direct Materials uses the same basic equation as the production budget (i.e needs for this period + Desired for next period - beginning inventory = Amount to make or buy.
What is the estimated variable cost per unit of Cutter's product and Comparing least-squares regression to high-low estimation.
Create a situation or scenario in which it may be appropriate to recognize revenue as the productive activity takes place. State whether or not there are any other times appropriate for recognizing revenue. Give a rationale with your response.
With a capital lease, the cost of the asset to be recorded is equal to:
Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $25,000. If the balance of the Allowance for Doubtful Accounts is $8,000 debit before adjustment, what is the amount of bad debts expe..
What effect would this have on the firm's output. Finally, suppose that MCL =$20 and P=$50 but that labor productivity (output per labor hour) is expected to increase by 25%over the next 5 years. What effect would this have on the firm's optimal ..
The beginning and ending balances in salaries payable were $40,000 and $15,000, respectively. Illustrate what was the amount of cash paid for salaries?
Why is the accumulated deficit larger in the current year than in the prior year?
hazel holden and cedric dalton are organizing calgary metals unlimited inc. to undertake a high-risk gold-mining
question victory company uses weighted-average procedure costing to account for its production costs. direct labor is
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd