User Account

All Pages

Calculate freddie corporation operating income

Assignment Help Accounting Basics
Reference no: EM132034682

Question - Company X produces a molded hard plastic covers for I-pads. Summary data from its 2014 income statement are as follows:

Revenues - $3,000,000

Variable costs - $2,100,000

Fixed costs - $1,050,000

Operating income - ($150,000)

Re-calculate the breakeven revenues if variable costs are 58% of revenues.

Calculate Freddie Corporation's operating income for 2014 if variable costs had been 58% of revenues.

Reference no: EM132034682

Questions Cloud

Explain the principles of servant leadership : Details: Select and research a contemporary political, social, religious, or business, leader to learn about how the leader employs Greenleaf's principles.
How organization implements principles of servant leadership : Provide a summary of how the organization implements the principles of servant leadership in the way it interacts with or provide service to customers.
Summarize your servant leadership volunteer opportunity : Summarize your servant leadership volunteer opportunity by sharing the who, what, when, where, why, and how of the experience.
Why is substance misuse among nurses a serious concern : Why is substance misuse among nurses a serious concern? What is the most appropriate way to handle a suspicion that a coworker may be involved in serious.
Calculate freddie corporation operating income : Company X produces a molded hard plastic covers for I-pads. Calculate Freddie Corporation's operating income for 2014 if variable costs had been 58% of revenues
What is the maximum volume the flask : What is the maximum volume the flask can have if equilibrium exists between liquid and vapor CS2?
Proper physical states and charges of ions : Remember that it includes proper physical states and charges of ions.
Compare the sound of the song to any other track : Briefly compare the sound of the song to any other track from the 1970s on the required listening and briefly discuss some differences.
Prepare the journal entry to record the purchase : Simons Equipment Ltd. purchased a delivery truck on June 1 for $42,000, Prepare the journal entry to record the purchase of the delivery truck on June 1

Reviews

Write a Review

Accounting Basics Questions & Answers

  The market price of xyz companys common stock dropped from

1. assume a company has a current ratio that is greater than 1. which of the following transactions will reduce the

  The following information is taken from the production

the following information is taken from the production budget for the first quarterbeginning inventory in units

  Assume the apparel industry average rate earned on total

ann taylor retail inc. sells professional womensapparel through company-owned retail stores. recent

  Give a historical overview of how rule-making has

1 identify key organizations involved in accounting rule-making.2 explain what is meant by authoritative support.3

  Straight-line method used to amortizing bond discount

Upton Company issues $3 million, 10-year, 6% bonds at 99, with interest payable on December 31. The straight-line method is used to amortize bond discount.

  Fill in the amounts for x-y and z

Fill in the amounts for X, Y, and Z in the following table. (The company started business on January 1, 2009

  Find a journal article online about standard costing in the

find a journal article online about standard costing. in the subject line of your post include the title of the article

  What is depreciation on the building

In 2016 the company switched to the double-declining-balance depreciation method. What is depreciation on the building for 2016?

  Determine rossi total assets as of december

The following selected balances were extracted from the accounting records of Rossi Enterprises on December: Determine Rossi's total assets as of December 31

  Interest free loan from us government

Which item LEAST resembles an interest free loan from the U.S. government?

  In preparing the cash flows from operating activities

1 in preparing the cash flows from operating activities section of the statement of cash flows by the indirect method

  Discuss implementing the proposed changes

Prepare budgeted income statements for each of the months of April, May, and June that show the expected results from implementing the proposed changes

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