User Account

All Pages

What would be the net operating income

Assignment Help Accounting Basics
Reference no: EM132215633

Cost Accounting Question -

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units):

Sales

$20,000

Variable expenses

12,000

Contribution margin

8,000

Fixed expenses

6,000

Net Operating income

$2,000

 Question: If sales decline to 900 units, what would be the net operating income?

Reference no: EM132215633

Questions Cloud

Compare the different types of leadership approaches : Compare the different types of leadership approaches, and suggest how an HR department might implement strategies to mitigate risk or manage a crisis event.
What you say to your client concerning federal income tax : What would you say to your client concerning federal income tax laws on donations of cash, autos, boats, and real estate
What would be the production possibility frontiers : What would be the production possibility frontiers for Brazil and the United States - Without trade, the United States produces AND CONSUMES 32,500 units
Line of upscale evening dresses in boutique : Dresses-R-us sells a line of upscale evening dresses in a boutique. Find the number of inventory turns per year given the old and the new policy.
What would be the net operating income : Cost Accounting Question - If sales decline to 900 units, what would be the net operating income
What you would do during each phase of the sdlc : Think about the improvements you would make to your current or previous organization's Resource Information Systems (HRIS).
Popularity of america first mentality toward industry : Given the popularity of an “America First” mentality toward industry, there are potential public relations risks to an outsourcing decision. How can a company j
What is the optimal order size for quarts of ice cream : Daily demand for ice cream at the I-Scream parlor has a mean of 200 quarts per day. What is the optimal order size for quarts of ice cream?
Determine the optimal production batch size for the supplier : A supplier to Toyota stamps out parts using a press. Determine the optimal production batch size for the supplier

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the effect on net income

Garner has sufficient unused capacity to produce the 2,000 scales. If the special order is accepted, what will be the effect on net income?

  Journal entry for a endowment

What is the journal entry for a endowment that was invested in $95,000 of par value City of Jackson 6 percent bonds at 103 plus accrued interest of $823.

  Explain why the focus on these two accounting systems

Flexibility, timeliness, and forward looking are said to be the prominent traits of modern management accounting, whereas standardization and consistency describe financial accounting.

  Amount of time spent shopping in the bookstore

The following information is collected from students upon exiting the campus bookstore during the first week of classes.

  Explain how establishing an allowance account satisfies

Of the above accounts, $1,600 is determined to be specifically uncollectible. Prepare the journal entry to write off the uncollectible accounts.

  Indicate the columns of the work sheet in which

Indicate the columns of the work sheet in which (a) Merchandise inventory and (b) Cost of goods sold will be shown.

  What is the balance in the paid-in capital

What is the balance in the Paid-in Capital, Treasury Stock account on August 2 after all of the events in this and the last two questions are recorded

  The purchasing department buys the quantities of raw

rondello corporation manufactures a single product. the standard cost per unit of product is shown below.direct

  Target costing basic motor corporation uses target costing

target costing basic motor corporation uses target costing. assume that basic marketing personnel estimate that the

  Identify the various revenues and cash flows

Identify the various revenues, expenses, costs, expenses, and cash flows. If a manufacturing company and investment deals with projects.

  Estimate of future salary levels

At December 31, 2008, Mongo, Inc. reported in its balance sheet a net loss of $3 million related to its pension plan. The actuary for Mongo at the end of 2009 increased her estimate of future salary levels. Mongo's entry to record the effect of th..

  Doughnuts directly conflicted with his goal

Research Problem 2. Your client, John Butler, is an avid Houston Astros fan. Last March at the Astros' home opener, as a result of a random drawing of those in attend- ance at the game, John won 300 Shipley Do-Nut coupons. Each coupon entitled him..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd