Calculate the planned breakeven revenues

Assignment Help Managerial Accounting
Reference no: EM132832940

Question - Kalonji Company has fixed costs of €300 000 and a variable-cost percentage of 80% (meaning contribution sales percentage is 20%). The company plans to earn net profit of €84 000 after tax in 2021. The income tax rate is 40%. Calculate the planned breakeven revenues. Write the number only in the format as 90000.

Reference no: EM132832940

Questions Cloud

Journalize the disposal of the equipment : Equipment acquired at a cost of $126,000 has a book value of $42,000. Journalize the disposal of the equipment under the assumptions listed
What was the effective rate of interest per period on bond : The costs directly associated with issuing the bonds totaled $25,000. What was the effective rate of interest per period on this bond issue?
How partnership tax rules reflect the aggregate theory : Provide two examples of how partnership tax rules reflect the aggregate theory and two examples of how they reflect the entity theory.
Think about as we prepare data for presentation : Data presentation should be designed to display correct conclusions. What issues should we think about as we prepare data for presentation?
Calculate the planned breakeven revenues : The company plans to earn net profit of €84 000 after tax in 2021. The income tax rate is 40%. Calculate the planned breakeven revenues
Calculate the net profit after tax : Calculate the net profit after tax (PER UNIT) when the transfer price is based on total cost plus mark-up of 30 percent assuming all units produced
Evaluate personal effectiveness strategies of sundar pichai : Evaluate the personal effectiveness strategies of Sundar Pichai, Chief Executive Officer (CEO) at Google, and discuss how you intend to apply personal
Discuss primary goal of the monetary and fiscal policies : Discuss the primary goal of the Monetary and Fiscal policies. In your opinion, which policy is more effective-monetary policy or fiscal policy? Why?
Flexible production and customer-driven production : Why are firms now moving more toward flexible production and customer-driven production instead of mass production?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Estimated costs and cost per unit needed

or what other business decisions may it be impossible to calculate the actual cost? What are some of the dangers of basing decisions on estimated rather than actual costs? How might these dangers be minimized?

  Difference in profit between the two income statements

Reconcile the difference in profit between the two income statements.

  What will happen to the market price in the new short-run

Draw the picture showing any shifts in the supply. What will happen to the market price and market quantity in the new short-run equilibrium.

  What would your pre tax net profit be

If you buy this option for $310.25 and Johnson's stock price actually rises to $45, what would your pre-tax net profit be?

  Determine the assignment of costs to costs of goods

Determine the equivalent units of production and the unit costs for the Assembly Department and determine the assignment of costs to costs of goods transferred out and in process.

  What is the projected balance in inventory on december

What is the projected balance in accounts payable on December 31, 2019? What is the projected balance in inventory on December 31, 2019?

  Determine the amount of direct material

If 600 000 finished units are to be manufactured by Dante during the year, determine the amount of direct material that needs to be purchased.

  What is the average daily float for bungee jump corporation

Bungee Jump Corporation receives 100 checks totaling birr 80,000. These are delayed eight days on average. What is the average daily float?

  Provide a report containing appropriate issue identification

Provide a report containing appropriate issue identification, analysis (financial and non-financial), and recommendations including an assessment

  Is direct labor likely to be a fixed cost or a variable cost

Is direct labor likely to be a fixed cost or a variable cost in the current Australian business environment? Explain your answer by referring

  What is annual cost of internal financing

If the company's dividends are expected to grow forever at a constant rate of 4.8% per year and the tax rate is 40%, what is annual cost of internal financing?

  Provide a memo to the hotel general manager

Provide a memo to the hotel's general manager suggesting a responsibility center designation for each of the subunits shown in the organization chart

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