Amount of sales required to realize an operating income

Assignment Help Accounting Basics
Reference no: EM13150705

If fixed costs are $1,500,000, the unit selling price is $250, and the unit variable costs are $130, what is the amount of sales required to realize an operating income of $200,000?

a) 14,166 units

b) 12,500 units

c) 16,000 units

d) 11,538 units

Reference no: EM13150705

Questions Cloud

Margin ratio and the unit contribution margin : Bailey Company sells 25,000 units at $15 per unit. Variable costs are $8 per unit, and fixed costs are $35,000. The contribution margin ratio and the unit contribution margin, (rounding to two decimal points) are:
Conclude college students watch less videos per month : With a standard deviation of 0.5. At a .05 significance level, can we conclude college students watch fewer videos per month than high school students?"
Patents and copyrights, which reflects a free market : Between patents and copyrights, which reflects a free market, and which is a grant of monopoly privilege by the state? Patents give inventors or developers of new products
Rebate expense and liability : What is the rebate expense and liability, respectively, shown on the 2007 financial statements dated December 31?
Amount of sales required to realize an operating income : If fixed costs are $1,500,000, the unit selling price is $250, and the unit variable costs are $130, what is the amount of sales required to realize an operating income of $200,000?
Calculate the ph : Consider the titration of 50.0 mL of 0.200 M HClO4 by 0.100 M NaOH. Calculate the pH after 37.7 mL of NaOH has been added.
Find standard error of mean if rainfall recorded twenty : If the rainfall was recorded on 20 (instead of 10) randomly selected days throughout the year, the standard error of the mean would be equal to?
How much heat is required : How much heat is required to convert 25.0g of ethanol at 25 degrees C to the vapor phase at 78 degrees C?
Basics of direct materials price variance : The standard costs and actual costs for direct materials for the manufacture of 2,500 actual units of product are as follows: Standard Costs Direct materials (per completed unit) 1.04 kilograms @$8.75 Actual Costs Direct materials 2,500 kilograms ..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Provide a brief scenario of a specific type of business

Assess the importance of free cash flow in a growth company. Provide a brief scenario of a specific type of business that would benefit from free cash flow.

  Determination of taxable income for corporation

In addition Y and Z follow Federal provisions with respect to the determination of taxable income for the corporation. Y recognizes S status, but Z does not. Based on the following information, write a memo to the shareholders of Hernandez detaili..

  What is the market value of the contract

You just heard a news story about a mad cow disease in a neighboring country, and you believe that feeder cattle prices will rise dramatically in the next few months as buyers of cattle shift to US suppliers.

  Determining firm times interest earned ratio

In the past year, TVG had revenues of $3 million, cost of goods sold of $2.5 million, and depreciation expense of $200,000. What is the firm's times interest earned ratio?

  Net investment in a foreign entity

The gain or loss on the effective portion of a U.S. parent company's hedge of a net investment in a foreign entity should be treated as:

  Account for sale of securities from each portfolio

How should Victoria account for the sale of securities from each portfolio? And Why? (What is the justification for the recommended accounting treatment).

  Find total manufacturing costs assigned to job a-200

Weaver Company's predetermined overhead rate is $18.00 per direct labor-hourand its direct labor wage rate is $12.00 per hour. Tjhe following information pertains to Job A-200.

  Quinn diluted earnings per share

Quinn paid $300,000 in preferred stock dividends in 2010, and reported net income of $5,100,000 for the year. Quinn's diluted earnings per share for 2010 should be:

  Fair market value of the stock

If a stockholder receives a dividend that reduces retained earnings by the fair market value of the stock, the stockholder has received a

  Violation of the professions ethical standards

A violation of the profession's ethical standards would most likely have occurred when a CPA:

  Unrelated business taxable income

Assuming that the $7,500 was deducted in calculating net unrelated business income, what is Tan s unrelated business taxable income?

  How to specific country or region of the world

Thus far in class we've talked about many interesting topics in international accounting including international accounting standards, the history of accounting, IFRS vs. US GAAP, the FASB Codification, convergence, harmonization, foreign currency..

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