Calculate revenues needed to obtain target operating income

Assignment Help Managerial Accounting
Reference no: EM132500612

APSA The Crazy Hair Salon provides special-occasion haircuts and generates average revenue of SSO per customer. The salon's fixed costs are $40,000 per year, which include rent, utilities and magazine subscriptions. Its a• able costs are S20 per customer. Target operating income for the year is $90,000.

Required

Question 1: Calculate the revenues needed to obtain the target operating income.

Question 2: How man haircuts have to be provided to earn an operating income of $80,000? To breakeven?

Question 3: Calculate the operating Income if 6,000 haircuts are provided.

Reference no: EM132500612

Questions Cloud

Find an explicit turing machine accepting the language : Find an explicit Turing machine accepting the language and Find an unrestricted grammar that generates
Calculate the net present value assuming a rate of return : Calculate the net present value assuming a 17% rate of return (Ignore income taxes). Magna Inc. is considering modernizing production facility.
What will be your target industry : You have decided to start an OD consulting firm after you finish your MHR degree. What will be your target industry? What will you specialize in? How are you.
Write a plan for conversation you would have with employee : Write a plan for the conversation you would have with the employee, based on the concepts found in your textbook. What are the most important points you would.
Calculate revenues needed to obtain target operating income : How man haircuts have to be provided to earn an operating income of $80,000? To breakeven? Calculate the revenues needed to obtain the target operating income
MGT501 Business Environment Assignment Problem : MGT501 Business Environment Assignment Help and Solution - Laureate International Universities, Australia. Task - Statement of Intent Final
What would you communicate on the total rewards program : There are at least 4 stakeholder groups to communicate the total rewards program for the organization. One stakeholder group is executives and another is.
What compensation has to do with fmla : Successful compensation programs are the result of well-defined and closely managed systems. It also sets the tone for an overall total reward package.
Developing your project scope using given details : You have been hired to lead a complex, two-year project (the project of your choice). As the Project Manager, you know it is important get the project off.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Events that they have serviced

Coopers Ltd has a Chain of operations of $22,500,000 of revenue from 5,000 events that they have serviced.

  Would the laboratory break even on the equipment

How many autoimmunity tests per year will have to be performed on the array machine to break even and given the present volume of tests, would there be an annual net contribution and, if so, how much?

  A very experienced auditor takes a new auditor

Are they valid? Why or why not?Also, include whether you believe statistical methods are more favorable compared to non statistical samples. Why?

  Indicate whether this overhead is under or over applied

Calculate the predetermined overhead rate for the current year and use this rate to apply overhead to the jobs that are worked during February.

  Provide the journal entries to account for tax

Provide the journal entries to account for tax in accordance with AASB 112.

  Determine and assume the company uses super-variable costing

Determine and Assume the company uses super-variable costing:- Compute the unit product cost for Year 1, Year 2, and Year 3.

  What are the trends on a common-size basis

What are the trends on a common-size basis? What do you observe in the linear trends (i.e., are values increasing or decreasing)?

  How firms can measure performance and in turn

ACC702 Managerial Accounting T116 Assignment Task. Group Report: "Measuring and rewarding performance" - A study of Executive Remuneration for performance in Australian Public Companies. Most of the second half of this subject focusses on how firm..

  Cost volume profit of procter and gamble company

Procter & Gamble Company is a Cincinnati-based company that produces household products under brand names such as Gillette, Bounty, Crest, Folgers, and Tide. The company's 2006 income statement showed the following (in millions):

  Differences between budget and cafr

Write down the difference between the budget and Comprehensive Annual Financial Report (CAFR)? Describe and provide examples.

  Prepare a retained earnings statement for 2012

Jason recorded an adjustment of $110,000 due to the overstatement (from mathematical error) of 2011 depreciation expense. Prepare a retained earnings statement for 2012.

  What would be the benefit to the firm of gaining

Focusing only on the Model C210 chisel and the model D400 chisel, what would be the benefit to the firm of gaining one more hour of production time in coating and sharpening?

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