What the change in sales due to volume factor is

Assignment Help Managerial Accounting
Reference no: EM132771409

The gross margin of Betty corporation for each of the years ended dec 31 2020 and 2021 were as follows:

2021

Sales 540,000

Cost of Sales 283,500

Gross Margin 256,500

2020

Sales 500,000

Cost of sales 300,000

Gross Margin 200,000

Problem 1: 2021 selling price were 20% higher than 2020. The change in sales due to volume factor is

Reference no: EM132771409

Questions Cloud

College basketball ethics : How do you think the NCAA and the Commission on college basketball should move forward to prevent illegal behavior from occurring in the future.
Identify two criminological theories : Identify two criminological theories from your textbook that you find most applicable for reasons why people commit crime today.
Determine the yield to maturity for Vail Inc : Determine the yield to maturity for Vail Inc. The 10-year $1,000 par bonds of Vail Inc. pay 8 percent interest. The market's required yield to maturity
How do make cash collection budget : 10% in the month of sale; 60% in the month following the sale; and the remaining 30% in the second month following the sale. make cash collection budget.
What the change in sales due to volume factor is : 2021 selling price were 20% higher than 2020. The change in sales due to volume factor is? The gross margin of Betty corporation for each of the years
Conduct a collaboration interview with key leaders : Conduct a collaboration interview with two or three key leaders in your practice setting to determine the measures for your practice problem and associated.
Why was the basis of parent argument : Why was the basis of the parent's argument that they were not bound by the written contract in the Scalisi et al. v. New York University Medical Center case?
Record the journal entry for the sale : A Company sells merchandise for $2,500 cash, and is subject to a 6% sales tax. Record the journal entry for the sale
Quasi-contract as opposed to an actual contract : Why does the court see this case as involving a quasi-contract as opposed to an actual contract?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Prepare income statements for the month of September

Assignment title - Management Accounting report for Tech (UK) Limited. You are required to prepare income statements for the month of September

  How much is the cost for each job completed

The two Jobs are sold to MVB at 5 times of the cost. Give the journal entries to record the sale which was for Cash. How much is the Cost for each Job completed

  How the company overall operating income per year

These data indicate that if the department were discontinued, the company's overall operating income per year would change by how much?

  Find what is contribution margin income statement

What is Contribution Margin Income Statement? What would it be for Apple Inc. and how do you calculate it? Explain in detail with an example.

  What is the average daily float for bungee jump corporation

Bungee Jump Corporation receives 100 checks totaling birr 80,000. These are delayed eight days on average. What is the average daily float?

  Net cash flows from financing activities

Based solely on the above information, the net cash flows from financing activities for the year on the statement of cash flows would be:

  Characteristics of a budgeting system among the organisation

Consider how the budgeting approaches may differ among various organisations, such as a Fortune 500 company, a small business or a non-profit

  Demonstrate the number of staff needed to cover classes

Demonstrate the number of staff needed to cover classes. South Hampton is planning to award scholarships to 200 students, which will cover their fees.

  Prepare a corrected trial balance

Prepare a corrected trial balance. balances for Accounts Receivable and Service Revenue are $2,750 and $6,690, respectively.

  Prepare a multistep income statement for the year ending

Prepare a multistep income statement for the year ending 12/31/12 with proper heading. See link below for sample income statement.

  Evaluate the break-even point in total sales dollars

Compute the break-even point in total sales dollars and in units for 2014 and paul was a marketing major in college. He believes that sales volume can be increased only by intensive advertising and promotional campaigns.

  What is the estimated total cost at hours

Using the high-low method to split mixed costs, the variable rate is found to be $3 per hour,What is the estimated total cost at 350 hours?

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