What percent are variable costs of sales

Assignment Help Accounting Basics
Reference no: EM131731119

Question - Stacker requires sales of $500,000 to cover its fixed costs of $100,000 and to earn net income of $80,000. What percent are variable costs of sales?

A. 2.77%

B. 20%

C. 64%

D. 36%

Reference no: EM131731119

Questions Cloud

What will annual inventory turnover rate be for this item : What is the annual total acquisition cost of ordering at the $54 price? What will the annual inventory turnover rate be for this item?
What is mary annual opportunity cost : Mary is considering leaving her current position to open an ice cream shop. What is Mary's annual opportunity cost of starting the ice cream shop
Cost to buy a seat using straight voting : If the company has 450,000 shares outstanding and the stock currently sells for $34, how much will it cost you to buy a seat if the company uses straight.
Describe the concept and general requirement of theory : Briefly describe the concept and general requirement of theory and how the requirements for developmental theory differ from general theory.
What percent are variable costs of sales : Stacker requires sales of $500,000 to cover its fixed costs of $100,000 and to earn net income of $80,000. What percent are variable costs of sales
An explanation of the perceptual process for hearing : Create a brochure that includes the following: An explanation of the perceptual process for hearing.
What is the eoq for raspberry syrup : What is the EOQ for raspberry syrup? If Meyer orders the EOQ quantity each time, what will be the inventory turnover rate for raspberry syrup?
What growth rate is expected for the company stock price : Growth Rates. The stock price of Baskett Co. is $73. Investors require a return of 10.5 percent on similar stocks. If the company plans to pay a dividend.
Explain the strengths and weaknesses of psychosocial theory : Explain the strengths and weaknesses of psychosocial theory and how it may apply to individuals you work with in Mental Health Counseling.

Reviews

Write a Review

Accounting Basics Questions & Answers

  If common computer service costs are allocated using

Cincinnati Million, Inc. operates two user divisions as separate cost objects. To determine the costs of each division, the company allocates common costs to the divisions.

  Kind meek and clean attorneys-at-law specialize in three

kind meek and clean attorneys-at-law specialize in three areas criminal civil and family law. when specifications for a

  Western company is preparing a cash budget for june

As of May 31, the company owes $15,000 to the bank. To maintain the $10,000 required balance, during June the company must:Repay $5,700.Borrow $5,400.Borrow $4,300.Borrow $10,000.Repay $4,300.

  Prepare journal entries to record this event

Rodriguez Corporation issues 19,000 shares of its common stock for $408,100 cash on February 20. Prepare journal entries to record this event

  Bck inc and rtk inc are owned by the same family bcks

bck inc. and rtk inc. are owned by the same family. bcks marginal tax rate is 25 and rtks is 40. bck is about to incur

  Amount of ordinary business income

a. What amount of ordinary business income is allocated to Jane? b. What is the amount and character of seperately stated items allocated to Jane? c. What is Jane's basis in her XYZ corp. stock at the end of the year?

  Receipt of the common stock dividend

What is the basis of the Purple Corporation stock, the per share basis, and gain recognized upon receipt of the common stock dividend?

  Spencer electronics has just developed a low-end electronic

spencer electronics has just developed a low-end electronic calendar that it plans to sell via a cable channel

  If the required direct materials purchases are 18000 pounds

if the required direct materials purchases are 18000 pounds the direct materials required for production is three times

  Generally accepted accounting principles gaap and

generally accepted accounting principles gaap and international financial reporting standards ifrs differ significantly

  Loreal-american corporation purchased several marketable

loreal-american corporation purchased several marketable securities during 2013. at december 31 2013 the company had

  Total assets and customers account

If ABC Service collects $50,000 from customers on account: a) total assets are unchanged b) liabilities increases c) owners equity decreases d) onwers equity increases

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