User Account

All Pages

Calculate the profit

Assignment Help Accounting Basics
Reference no: EM132243277

Question - X Company has the following information for its three products in 2018:

 

Unit Sales

Contribution Margin

Product A

58,100

$4.90

Product B

7,400

$7.80

Product C

20,900

$12.50

Total

86,400

$25.20

Fixed costs in 2018 were $313,000. In 2019, the unit sales mix and fixed costs will be the same as in 2018, but sales will increase to 103,680 units. What will profit be?

Reference no: EM132243277

Questions Cloud

Displays a table of the centigrade temperatures : Design a program that displays a table of the centigrade temperatures 0 through 20 and their Fahrenheit equivalents.
Output of the program : Then, reset the end argument in each print statement to proper values so that the output of the program becomes what is shown in the screenshot below.
Perform a correlation analysis : Perform a correlation analysis: Using R, perform a correlation analysis on the following fields: AvgHoldTime, AvgSpeedAnswer,
Technique in the analysis stage of an sdlc : What is the most common requirement gathering technique in the analysis stage of an SDLC?
Calculate the profit : Fixed costs in 2018 were $313,000. In 2019, unit sales mix & fixed costs will be same as in 2018, but sales will increase to 103,680 units. What will profit be
Explain what is a secure connection : Explain what is a secure connection and what are the requirements to create a secure connection.
Define spamming in internet search engines : Present an architecture and its related technical components for creating a B2C (business to customer) product storefront.
Explain why b-trees are often used in relational dbms : Define a B-tree of Order 2 and draw a B-tree example with sample records. Explain why B-trees are often used in relational DBMS.
What was cost of goods sold : The Merchandise Inventory account had a January 1, 2018 balance of $35,456 and a December 31, 2018 balance of $35,035. What was Cost of Goods Sold in 2018

Reviews

Write a Review

Accounting Basics Questions & Answers

  Correct sequence of events

Which of the following is the correct sequence of events?

  Make journal entries for athom corporation general journal

Prepare all the journal entries for Athom Corporation's General Journal on November 1, 2013, December 31, 2013, and January 30, 2014.

  Describe function of authorization of production transaction

Describe how the functions of physical custody of inventories can be separated among the production, inventory, and cost accounting departments.

  Calculate tom return on capital employed

He made a gross profit of £22,000, and his operating profit was £8,000. His capital employed was £80,000. Calculate Tom's return on capital employed

  Taffy industries is considering purchasing equipment

taffy industries is considering purchasing equipment costing 60000 with a 6-year useful life. the equipment will

  Your company wants to place an advertisement in a leading

Your company wants to place an advertisement in a leading daily in order to expand sales by 11%. The advertisement will cost the company $28,000. In addition to the advertisement, the company also wants to cut costs to reduce the selling price for ea..

  Calculate the direct-material price and quantity variances

Direct material: $195,350 ($10.50 per pound) Calculate the direct-material price and quantity variances, and the direct-labor rate and efficiency variances

  Compute the payback period, the arr, the npv

Compute the payback period, the ARR, the NPV and the approximate IRR of this investment

  Prepare a power point presentation

You must include citations in your text and a bibliography at the end. The power point presentation does not need a bibliography. Based on your paper prepare a power point presentation of at least five slides presenting your opinion.

  Compute the receivables turnover and inventory turnover

Instructions: Compute the following financial ratios: Receivables turnover in 2008 and Inventory turnover in 2008

  Prepare a schedule of cash receipts for september.

credit sales are expected to be collected in the month following the date of sale. Prepare a schedule of cash receipts for September

  Display and print the inventory stock status by item

Display and print the following reports for May 1, 2017, to May 31, 2017: Purchases by Item Detail and Sales by Item Detail

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