Calculate expected profit

Assignment Help Managerial Accounting
Reference no: EM133022412

Question - Sweet, Inc. produces stereo speakers. The selling price per pair of speakers is $1,000. The variable cost of production is $240 and the fixed cost per month is $56,620. 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: EM133022412

Questions Cloud

Journalize the transactions of february and april : Journalize the transactions of February 11, April 30, and August 22. If an amount box does not require an entry, leave it blank
Do you control the way you use social media : Do you control the way you use social media or does social media control you and Are we letting technology take us to places where we do not want to go
What are some of the capital budgeting techniques : Question - You are a Finance Manager for a major utility company. What are some of the capital budgeting techniques you might use for some upcoming projects
What the journal entry to record the payment made : A company that uses the perpetual inventory system purchases inventory for $61,000 on? account, What the journal entry to record the payment made
Calculate expected profit : Question - Sweet, Inc. produces stereo speakers. The selling price per pair of speakers is $1,000. Calculate expected profit
Make the journal entries required on july and august : This company has 500,000 shares authorized and 100,000 shares outstanding. Make the journal entries required on July 31, August 15 and August 25
Construct a table that shows interest revenue reported : Construct a table that shows interest revenue reported by Bill and the carrying value of the investment for four interest periods. Use the straight-line method
What will the cost of goods sold estimate be in the new year : Due to new competition, the firm anticipates a decline in sales by 10%. What will the Cost of Goods Sold estimate be in the new year
What must the net income for this quarter : For the upcoming quarter, a company has anticipated depreciation and amortization charges of $1,250, what must the net income for this quarter

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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