What total monthly sales revenue is required to earn a

Assignment Help Accounting Basics
Reference no: EM13600512

Malibu Corporation has monthly fixed costs of $65,000. It sells two products for which it has provided the following information:

  • Sales Price Contribution Margin
  • Product 1 $ 10 $ 6
  • Product 2 $ 10 $ 3

a. What total monthly sales revenue is required to break even if the relative sales mix is 40 percent for Product 1 and 60 percent for Product 2? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response)
Sales revenue $

b. What total monthly sales revenue is required to earn a monthly operating income of $12,000 if the relative sales mix is 25 percent for Product 1 and 75 percent for Product 2? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response)

Reference no: EM13600512

Questions Cloud

Department j had no work in process at the beginning of the : department j had no work in process at the beginning of the period 18000 units were completed during the period 2000
Assuming that the company sells 75000 units during the : the following information relates to the only product sold by harper company sales price per unit 24 variable cost per
If an asset costs 38000 has a residual value of 3000 and : if an asset costs 38000 has a residual value of 3000 and has a useful life of five years the depreciation in the second
What would the companys manufacturing overhead be comprised : 1. does the company use job order or process costing?2.what are the direct materials for the company? list3.what would
What total monthly sales revenue is required to earn a : malibu corporation has monthly fixed costs of 65000. it sells two products for which it has provided the following
Litke corporation a company that produces and sells a : litke corporation a company that produces and sells a single product has provided its contribution format income
Bayside company entered into a lease agreement with shell : bayside company entered into a lease agreement with shell company to lease an asset that cost bayside 120000. the lease
The 2010 income statement of holly enterprises shows : the 2010 income statement of holly enterprises shows operating revenues of 134800 selling expenses of 38310 general
Xyz company entered into a lease of special equipment to : xyz company entered into a lease of special equipment to pace company. the lease term was six years. the equipment cost

Reviews

Write a Review

Accounting Basics Questions & Answers

  Stock-based compensation basics

1. What effects does stock-based compensation have on the financial statements of an entity? 2. How does this affect the investor's opinion of a company? 3. What advantages or problems due to you see with this type of payment?

  Prepare a sample draft of a standard unqualified audit

Smith Manufacturing's bank has just informed the company's CFO that an audit is required to obtain an operating line of credit (LOC). The company needs the LOC to maintain its cash flow.

  Show computation to compute the pension expense for 2013

the following information pertains to aampe co.s defined benefit pension plan for the year 2013.projected benefit

  During clean dirt incs first year of business salary

during clean dirt inc.s first year of business salary expense was 60000. at the end of its first year of business clean

  The cost to produce part a was 20 per unit in 2012 during

question 1 the cost to produce part a was 20 per unit in 2012. during 2013 it has increased to 23 per unit. in 2013

  Explain the actual revenues and expenditures

Prepare journal entries to record the actual revenues and expenditures. Assume all transactions resulted in increases or decreases in cash.

  Compute taxable income and income taxes payable

Compute taxable income and income taxes payable for 2013.

  A dairy allocates the cost of unprocessed milk to the

a dairy allocates the cost of unprocessed milk to the production of milk cream butter and cheese. for the current

  Asset for net deferred income taxes

Assuming the lawsuit was resolved in February of 2012 (at which time a $200,000 loss was recognized for tax purposes) and that Begal's tax rate is 30 percent for both 2011 and 2012, what amount should Begal report as asset for net deferred income ..

  Total assets at the beginning of the year were 13183 what

x company a merchandising company had the following transactions during the year1 received 8175 in cash contributions

  Average room rates are 110 per night what is the

april may juneoccupancy 1500 1650 1800day manager salary 4200 4200 4200night manager salary 3700 3700 3700cleaning

  Methods of determining bad debt expense

Which of the following methods of determining bad debt expense does not properly match expense against revenue?

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