User Account

All Pages

Calculate expected profit

Assignment Help Managerial Accounting
Reference no: EM132997781

Question - Kingbird, Inc. produces stereo speakers. The selling price per pair of speakers is $1,000. The variable cost of production is $210 and the fixed cost per month is $51,508. For November, the company expects to sell 127 pairs of speakers.

Calculate expected profit.

Calculate the contribution margin ratio, Break-even sales, Expected sales and margin of safety in dollars.

Reference no: EM132997781

Questions Cloud

Calculate portfolio expected return and standard deviation : Calculate the portfolio expected return and standard deviation for various portfolios.
Why are financial markets important to the health of economy : Why are financial markets important to the health of the economy? Some economists suspect that one reasons that economies in developing countries
Explain why the principle would be at risk : Identity and describe in your own words one (1) key fundamental ethical principle from APES 110 Code of Ethics for Professional Accountants
Make journal entry for this transaction : Given this information and assuming that a market interest rate of 8%, make journal entry for this transaction
Calculate expected profit : The selling price per pair of speakers is $1,000. The variable cost of production is $210 and the fixed cost per month is $51,508. Calculate expected profit
Identify the relevant facts in the scenario : Identify the relevant facts in the scenario and evaluate on the possible course of action that you will take
Generate support from stakeholders : Which of the management skills (leading, organizing, planning, or controlling) do you find most essential to apply to generate support from stakeholders?
How negotiations with accreditors on compliance : Explain how negotiations with accreditors on compliance should be dealt with. Provide an example and Present appropriate response strategies
Anatasia got in her investment portfolio now : Five years ago, Anastasia had invested $5,500 into a securities portfolio. Given the rate of return of 12%, how much money Anastasia has in her investment portf

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Provide the ROI percent

Provide the ROI percent for the following info: Cash $5A/R $10, Inventory $20, Fixed Assets $40, Total Investment $75, Profit $3.8

  If there is a loss should not it be discontinued

If there is a loss shouldn't it be discontinued? Or would there be reasons not to?

  Which is a plausible measure to assess overall performance

Which is a plausible measure to assess the overall performance of a service provider? Conformance to regulations and standards

  What way would investors have been harmed

If Allen had attracted enough equity capital, do you think he would have been able to conceal the scheme? what way would those investors have been harmed?

  How much is the lump sum value of the five payments

An insurance company is offering a new policy to its customers. Assume that the interest rate is 5%. How much is the lump sum value of the five payments

  What understand about partnership form of business

What understand about partnership form of business. Explain in detail the advantages and disadvantages of partnership form of business.

  What is the total amount credited to the plantwide overhead

If the predetermined overhead rate is based on machine hour, what is the total amount credited to the plantwide overhead account for the year for Carlson?

  How would know if overhead was under applied or over applied

If the company produced and sold 30,000 calculators, what amount would fixed costs increase by? How would you know if the overhead was under applied or over

  What is the estimated ending inventory

What is the estimated ending inventory utilizing the gross profit method.

  Determine the break-even point in sales units

Hilton Enterprises sells a product for $40 per unit. The variable cost is $20 per unit, while fixed costs are $52,000. Determine break-even point in sales units

  Which the statement of cash flows will show

If $1056000 of bonds are issued during the year but $2200000 of old bonds are retired during the year, the statement of cash flows will show a(n)

  Compute Erkens Company predetermined overhead rate

Purchased 218,000 pounds of materials on an account; the cost was $5.30 per pound. Compute Erkens Company predetermined overhead rate

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