At what sales volume would the two stores have equal profits

Assignment Help Accounting Basics
Reference no: EM131794413

Question - Acme Sales has two store locations. Store A has fixed costs of $125,000 per month and a variable cost ratio of 60%. Store B has fixed costs of $200,000 per month and a variable cost ratio of 30%. At what sales volume would the two stores have equal profits?

Reference no: EM131794413

Questions Cloud

Calculate amount at which barrett should record note payable : Required: Calculate the amount at which Barrett should record the note payable and corresponding merchandise purchased on January 1, 2011
Discuss what is dollar value of the tax shield on that debt : What is the dollar value of the tax shield on that debt for the current year
How much stress is induced in the film due to the cooling : How much stress is induced in the film due to the cooling of the wafer from 800°C to 25°C? Is the stress tensile or compressive?
What is the utilization of your employee : What is the utilization of your employee. As a casual observer, how many people would you expect to see in the camera department (not counting your employee?
At what sales volume would the two stores have equal profits : Store B has fixed costs of $200,000 per month and a variable cost ratio of 30%. At what sales volume would the two stores have equal profits
What is the cash flow from assets : Precision Manufacturing had the following operating results for 2014: sales = $38,900; cost of goods sold = $24,600; depreciation expense = $1,700.
Will atoms move from a concave region to a convex region : Explain both in terms of the force equations for reflow as well as in terms of the atomistic picture.
What does the term noncontrolling interest mean : What does the term noncontrolling interest mean? Where should the noncontrolling interests claims be reported in a consolidated set of financial statements
How many returns does this liberty tax office : How many returns does this Liberty Tax office need to have to break even

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the dividend payout ratio

Mountain Rail has a net profit of $750 million. It has 600 million shares outstanding and pays annual dividends of $1.1 per share.

  What would the new balance in retained earnings be

The market value of the stock at that time was $13 per share. Following this transaction, what would the new balance in Retained Earnings be?

  Comparative advantages and disadvantages of ideal

Explain the following in a memo to your instructor. The comparative advantages and disadvantages of ideal versus normal standards.

  What is material from the point of view of a bank

Materiality is a function of the time, the situation, and the people involved. What is material from the point of view of a bank that lends money to the firm?

  The important dates in connection with a cash dividend

The important dates in connection with a cash dividend of $69,500 on a corporation’s common stock are May 3, June 17, and August 1. Journalize the entries required on each date.

  Information about the chilean mine collapse

Resource: "Over 30 Workers Trapped After Chilean Copper Mine Collapse" article located on the student website. Research additional articles and information about the Chilean mine collapse.

  Compute the balance in land-buildings and interest expense

Compute the balance in each of the following accounts at December 31, 2017, and December 31, 2018. (a) Land. (b) Buildings. (c) Interest Expense.

  Prepare the entries on stampfer co

Prepare the entries on Stampfer Co. s books related to the transactions that occurred on January 10, February 12, and March 10. (Omit cost of goods sold entries.)

  Problem related to direct write-off method

Tech Savvy, a computer consulting firm, has decided to write off the $8,375 balance of an account owed by a customer. Illustrate the effects on the accounts and financial statements to record the write-off (a) assuming that the direct write-off me..

  What must be the sales value for the company

A company makes a product with a selling price of £5.00 per unit and variable costs of £3.00 per unit. The fixed costs for the period are £10,000.

  Liability for deposits on returnable containers should be

Floozy Co. sells its products in reusable containers. The customer is charged a deposit for each container delivered and receives a refund for each container returned within two years after the year of delivery. Floozy accounts for the containers no..

  On january 1 2012 phil sonics corporation issued 2000000 of

please show computation and give reasioning behind answerson january 1 2012 phil sonics corporation issued 2000000 of

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