Calculate the unit sales needed to attain a target profit

Assignment Help Cost Accounting
Reference no: EM132802420

Question - Lin Corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. The company's monthly fixed expense is $32,400.

Required -

1. Calculate the unit sales needed to attain a target profit of $5,000.

2. Calculate the dollar sales needed to attain a target profit of $8,400.

Reference no: EM132802420

Questions Cloud

How much self-employment income must William report : Harrison Corporation reports ordinary business income of $120,000 after deducting $20,000 for Williams salary. How much self-employment income
Explain how all four aspects of your example work together : Explain how all four aspects of your example work together to form the basis for a testable theory. Cite a minimum of two sources in-text and in an APA-format.
Identify domus corporate strengths and weakenesses : What are the pros and cons of developing North Point versus selling the land? What implications can be drawn from this analysis?
Diffraction angle for the first order diffraction peak : A metal with spacing between planes equal to 0.4164 nm diffracts X-rays with a wavelength of 0.2879 nm.
Calculate the unit sales needed to attain a target profit : Lin Corporation has single product whose selling price is $136 and whose variable expense is $68 per unit. Calculate unit sales needed to attain profit
Discuss the safety and effectiveness of alternative medicine : Discuss the safety and effectiveness of alternative and complementary medicine for the treatment of specific illnesses such as cancer, diabetes.
Write a report on the projects progress : Write a report on the projects progress - Review and alter the Project Schedule and Change the Project Schedule to reflect the changes approved by the CEO
What is the molar mass of butane : What is the molar mass of Butane (C4H10)? What is the ideal gas constant (R) in terms of (mmHg × L)/(K × mole)?
How would you evaluate the effectiveness of the actions : What specific actions could you take as an individual and as part of a group of community health nurses to decrease the distress perceived and felt?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Plot the data on a graphing paper

Using the scattergraph method, derive a cost formula for utilities cost. Use your cost formula to predict the utilities cost if 5,200 meals are served.

  Part a of this assignment requires an analysis of certain

part a of this assignment requires an analysis of certain aspects of brown ltdafter studying brown ltd answer the

  Define between direct costs and indirect costs

Define the difference (accounting terms should be used) between direct costs and indirect costs. Reflected dollar-for-dollar in increased net income so long as

  What should be the correct transfer price

If Retail Division could buy a case of the product from the external market for $9, what should be the correct transfer price

  What selling price per unit is needed to obtain a before-tax

Sarah Smith, a sole proprietor, What selling price per unit is needed to obtain a before-tax profit of $270,000 at a volume of 4,000 units?

  Find what the cost of the finished goods on hand from job is

Find What The cost of the finished goods on hand from this job is? Sportly, Inc. completed Job No. B14 during 2017. The job cost sheet

  Use the budgeted income statements

Comp Media buys its product for $ 60 and sells it for $ 130 per unit. The sales staff receives a 10% commission on the sale of each unit. Its June income statement follows.

  What is the amount of over or underapplied overhead

What is the amount of over- or underapplied overhead? What is the balance in the Finished Goods Inventory account at the end of the month?

  What is margin trading facility

What is Short Selling and Securities Lending & Borrowing?[ Also refer Short Selling in Portfolio Management].What is Margin Trading Facility? Explain

  Restate carrying amounts of the assets of retail business

Restate the carrying amounts of the assets of the retail business after accounting for the result of the impairment review - Explain how these two buildings should be accounted for in the financial statements of Plethora plc for the year to 31 Decem..

  Compute for the number of guitar sales

Compute for the number of guitar sales which would give J&J the same operating income when they choose either of the alternative presented

  Evaluate the slope and the cost

Evaluate the slope then explain what it means in terms of the rate of change of the dependent variable per unit change in the independent variable.

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