Assuming a linear cost behavior pattern

Assignment Help Financial Accounting
Reference no: EM131291883

At a sales volume of 50 units, the average cost is $410 per unit and the variable cost is $10 per unit. Assuming a linear cost behavior pattern, if sales double to 100 units the average cost will be:

Reference no: EM131291883

Questions Cloud

Tax liability for year in each of alternative circumstances : In 2016, Carson is claimed as a dependednt on his parent's tax return. His parent's ordinary income marginal tax rate is 28%. Carson's parents provided most of his support. What is Carson's tax liability for the year in each of the following alternat..
Anticipated cash receipts from accounts receivable : Calino Company developed the following data for the month of August. Credit sales for August are $30,000; for July $40,000; and for June $40,000. 70 percent of credit sales are collected in the month of sale, 15 percent in the following month, and 10..
Consider another uneven cash flow stream : Consider another uneven cash flow stream: What is the present (Year 0) value of the cash flow stream if the opportunity cost rate is 8 percent? What is the future (Year 5) value of the cash flow stream if the cash flows are invested in an account tha..
Uses fair-value accounting and equity method : On January 1, 2014, Alison, Inc., paid $83,600 for a 40 percent interest in Holister Corporation’s common stock. This investee had assets with a book value of $279,500 and liabilities of $118,500. A patent held by Holister having a $6,800 book value ..
Assuming a linear cost behavior pattern : At a sales volume of 50 units, the average cost is $410 per unit and the variable cost is $10 per unit. Assuming a linear cost behavior pattern, if sales double to 100 units the average cost will be:
Calculate mitch charitable contribution deduction-carry over : Mitch reviewed his cancelled checks and receipts this year for charitable contributions. He has owned the IBM stock and painting since 2005. Calculate Mitch charitable contribution deduction and carry over (if any ) under the following circumstances.
Projected sales and production in units for second quarter : Iron city, inc, has projected sales and production in units for the second quarter of the year as follows: Sales: April: 30,000 May: 20,000 June: 25,000 Production: april: 25,000 May: 25,000 June: 30,000 a. cash production costs are budgeted at 5 per..
Discussed internal controls with management : Sams CPA discussed internal controls with management and believe that internal control is strong. However Sam still wishes to use a substantive approach. Provide two possible reasons for Sam decision?
Liabilities and stockholders equity section of balance sheet : Shown below is the liabilities and stockholders’ equity section of the balance sheet for Jana Kingston Company and Mary Ann Benson Company. Each has assets totaling $4,476,100. Entry field with incorrect answer (d1) From the point of view of net inco..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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