Reference no: EM131293688
Night Shades Inc. (NSI) manufactures biotech sunglasses. The variable materials cost is $15.60 per unit, and the variable labor cost is $5.70 per unit.
a. What is the variable cost per unit? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)
Variable cost $
b. Suppose NSI incurs fixed costs of $540,000 during a year in which total production is 220,000 units. What are the total costs for the year? (Do not round intermediate calculations. Round your answer to the nearest whole number, e.g., 32.)
Total cost $
c. If the selling price is $41.50 per unit, what is the cash break-even point? If depreciation is $340,000 per year, what is the accounting break-even point? (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.)
Cash break-even point units
Accounting break-even point units
Trend analysis focusing on current ratio-quick-cash ratio
: Given the following comparative financial data, conduct a trend analysis focusing on current ratio, quick ratio and cash ratio.
|
Record the conversions using the book value method
: On January 1, 2014, Gottlieb Corporation issued $4,450,000 of 10-year, 9% convertible debentures at 102. Interest is to be paid semiannually on June 30 and December 31. Each $1,000 debenture can be converted into 9 shares of Gottlieb Corporation $103..
|
Prepare stockholders equity section of the balance sheet
: The following is a summary of all relevant transactions of Martinez Corporation since it was organized in 2017. In 2017, 14,600 shares were authorized and 7,700 shares of common stock ($60 par value) were issued at a price of $67. Prepare the stockho..
|
Source of cash under cash flows from investing activities
: A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is?
|
Cash break-even point units and variable cost
: Night Shades Inc. (NSI) manufactures biotech sunglasses. The variable materials cost is $15.60 per unit, and the variable labor cost is $5.70 per unit. What is the variable cost per unit? If the selling price is $41.50 per unit, what is the cash brea..
|
Encouraged a dishonest employee to commit fraud
: Think of an organization you currently work in or have worked for (or one you want to work for). What elements were present that encouraged a dishonest employee to commit fraud? Try to use the fraud triangle as a basis for your response.
|
Identify the companys value chain
: Identify a public manufacturing company in the USA that produces a tangible products. Identify the company’s value chain (first and second level) Be specific in your description. What benchmarks does the company use to measure its progress? If none c..
|
Testing the appropriate accounting for this lease
: Union Pacific Corp. opened its new 19-story, $260 million headquarters in Omaha, Nebraska. The railroad operator is the owner of the city’s largest building, the Union Pacific Center. Explain why Union Pacific would want to structure the lease to be ..
|
Observation of the clients physical count of inventory
: Sammy Smith is the partner in charge of the audit of Blue Distributing Corporation, a wholesaler that owns one warehouse containing 80 percent of its inventory. What evidence should Smith expect to find indicating that the observation of the client’s..
|