User Account

All Pages

Calculate the dollar amount of each type of service

Assignment Help Accounting Basics
Reference no: EM131817087

The company has a desired net income of $50,000 per service outlet. What is the dollar amount of each type of service that must be performed by each service outlet to meet its target net income per outlet?(Use Weighted-Average Contribution Margin Ratio rounded to 2 decimal places e.g. 0.25 and round final answers to 0 decimal places, e.g. 2,510.)

PDQ Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: oil changes and brake repair. Oil change-related services represent 80% of its sales and provide a contribution margin ratio of 25%. Brake repair represents 20% of its sales and provides a 35% contribution margin ratio. The company's fixed costs are $15,660,000 (that is, $78,300 per service outlet).

Calculate the dollar amount of each type of service that the company must provide in order to break even. (Use Weighted-Average Contribution Margin Ratio rounded to 2 decimal places e.g. 0.25 and round final answers to 0 decimal places, e.g. 2,510.)

Reference no: EM131817087

Questions Cloud

Question of the effect of work habits on marriage : Researchers might explore the question of the effect of work habits on marriage in a variety of ways. Tell whether each of these possible designs features
Work hours for a sample of husbands : Tell whether each of the following uses a paired, a two-sample, or a several-sample design:
Approve of setting poisons for wolves : a. Survey people as to whether they approve of setting poisons for wolves.
Complete a survey in the fall : Entering students at the University of Washington were asked to complete a survey in the fall of 1999.
Calculate the dollar amount of each type of service : Calculate the dollar amount of each type of service that the company must provide in order to break even
Displaying and summarizing data : For each of the following situations, tell which of these is the focus: data production, displaying and summarizing data, probability, or statistical inference.
What strategies wipro limited use reduce employee turnover : Write about on the given topic. Topic - What strategies can Wipro Limited use to reduce their employee turnover
Displaying and summarizing data : For each of the situations below, tell which of these is the focus: data production, displaying and summarizing data, probability, or statistical inference.
Construct the statement of stockholders equity : Construct the Statement of Stockholders' Equity for 2017

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss bonds payable matured and were paid off

New plant assets costing $229,000 were purchased for cash during the year

  Determine the amounts that beldon should capitalize

Determine the amounts that Beldon should capitalize as the cost of the land and the new building.

  What is the company current stock price

The company's beta is 0.95, the required return on the market is 10.50%, and the risk free rate is 5.00%. What is the company's current stock price

  The coca-cola company and pepsico

The coca-cola company and pepsico.

  Rachel cake factory normally sells their specialty cake for

rachel cake factory normally sells their specialty cake for 22. an offer to buy 100 cakes for 19 per cake was made by

  Provision in the statement of financial position

Explain why each of the following is recognised as a provision in the statement of financial position (balance sheet) of a telecommunications company:

  Jackson uses his automobile 90 for business and during 2012

jackson uses his automobile 90 for business and during 2012 drove a total of 14000 miles. information regarding his car

  The cost of the annuity was 46800 and cecil was expected to

cecil c. seymour is a 646-year-old widower. he had income for 2013 as followspension from former employer 39850interest

  What amount of cash should be reported

Bank Reconciliation and Adjusting Entries Aragon Company has just received the August 31, 2010, bank statement, which is summarized below. The general ledger Cash account contained the following entries for the month of August.

  What shortcut use to estimate without using calculator

Although this week's Homework focuses on student loan choices/payments we will be focusing on estimating discounts. Everyone loves a bargain.

  Bank reconciliation with journal entries

The following information pertains to Family Video Company. Prepare a bank reconciliation at July 31. (Round answers to 2 decimal places, e.g. 10.50.)

  Describe an alternative income-statement format that would

alberta gauge company ltd. a small manufacturing company in calgary alberta manufactures three types of electrical

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