User Account

All Pages

Calculate the unit sales needed to attain a target profit

Assignment Help Managerial Accounting
Reference no: EM133047440

Problem - Lin Corporation has a single product whose selling price is $134 per unit and whose variable expense is $67 per unit. The company monthly fixed expense is $31,750.

Required -

1. Calculate the unit sales needed to attain a target profit of $8,450.

2. Calculate the dollar sales needed to attain a target profit of $9,700.

Reference no: EM133047440

Questions Cloud

Online interactions pose a threat to all servers : Online interactions pose a threat to all servers. Description of 2 threats this interaction presents to the company.
Explain the core competencies in the organization : Explain the core competencies in the organization! Give an example of an organization's core competencies that can support the organization's competitive
Define the blue print methodology : Describe the components and quality which is necessary for the documents of software specification. Define the blue print methodology.
Briefly explain how company achieve lower production costs : Briefly explain how a company can achieve lower production costs and increase productivity by improving the quality of its products or services
Calculate the unit sales needed to attain a target profit : Lin Corporation has a single product whose selling price is $134 per unit and whose variable expense is $67 per unit. Calculate the unit sales needed
Trade lower benefits for higher wages : Is it likely that employers will trade lower benefits for higher wages?
Practices and regulations within corporate accounting : Understanding accounting concepts, principles and theories and Be able to demonstrate specific policies, practices and regulations within corporate accounting
Design and implementation of gis technology : "Design and Implementation of GIS Technology" within any fictional or real agency, as School, University, Environmental Agency,
What are financial-hr and marketing issues : What are Financial, HR and Marketing Issues in the below case study.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Compute the cash payback period and net present value

The company's cost of capital is 8%. Compute the cash payback period and net present value of the proposed investment

  Construct the company contribution format income statement

Redo the company's contribution format income statement assuming that the company sells 10,100 units. Construct the company contribution format income statement

  What will be the effect on profit of accepting the order

At the start of the current year, the company received an order for 2,990 drives from a computer company in China. What will be the effect on profit

  Determine the total materials variance for j sporting goods

J Sporting Goods, Determine the total materials variance and round to the nearest whole dollar. Enter a favorable variance as a positive number.

  What is the total weighted score for project candidate a

What is the total weighted score for project candidate A?less than one year of development time (25%). strong top management support (50%)

  Determine which vehicle you will produce

Selling price of car is $10,000 and variable cost is $7,000. Determine which vehicle you will produce supporting it with calculations

  State two key lessons that stood out

State two key lessons that stood out for you, about the ABC costing method as a planning and decision-making tool that would benefit contemporary organisations.

  How much can wildhorse expect to receive for sale of bonds

How much can Wildhorse expect to receive for the sale of these bonds? Wildhorse Co. is about to issue $488,000 of 6-year bonds paying an 11% interest rate

  How do calculate the earnings per share

Calculate the earnings per share. Cost of goods sold 160,000. Operating expenses 65,000. Interest expense 15,000. 10,000 shares of stock are outstanding

  How much is the carrying value of the investment

How much is the carrying value of the investment at the end of 2021 using the fair value model? On January 2, 2021, Patrick Company has an investment property.

  How might an operations manager use this information

How might an operations manager use this information to manage the cost of processing orders?

  Compute what is the materials quantity variance for month

What is the materials quantity variance for the month? Standard quantity per unit of output 1.9grams. Standard price $18.00per gram

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