Compute the total expected dollar sales for the next period

Assignment Help Accounting Basics
Reference no: EM132049719

Question - Nombre Company management predicts $1,656,000 of variable costs, $2,338,000 of fixed costs, and a pretax income of $146,000 in the next period. Management also predicts that the contribution margin per unit will be $54.

a) Compute the total expected dollar sales for the next period.

b) Compute the number of units expected to be sold next period.

Reference no: EM132049719

Questions Cloud

Have you ever worked for a charismatic leader : Drawing from the article and the textbook, have you ever worked for a charismatic leader? What style (coaching or directing) did that leader administer?
Compute the degree of operating leverage for each company : Company A is a manufacturer with current sales of $3,300,000 and a 60% contribution margin. Compute the degree of operating leverage for each company
What is the present value of the annuity : What is the present value of the following annuity? $559 every quarter year at the end of the quarter for the next 11 years.
Calculate the times interest earned ratio : Calculate the times interest earned ratio for 2016. Calculate the times interest earned ratio for 2016.
Compute the total expected dollar sales for the next period : Nombre Company management predicts $1,656,000 of variable costs, $2,338,000 of fixed costs, Compute the total expected dollar sales for the next period
Intention of capturing and prosecuting the terrorist : In a hostage crises, is it ethical for a government to agree to grant a terrorist immunity if he releases the hostages.
Prepare a forecasted contribution margin income statement : Hudson Co. reports the contribution margin income statement for 2015. Prepare a forecasted contribution margin income statement for 2016
What is the equipment after-tax salvage value : Karsted can sell the used equipement today for $6.75 million, and its tax rate is 40%. What is the equipment's after-tax salvage value?
Describe the environment and the people being observed : Describe the environment and the people being observed, i.e., age, gender, dress, etc. Discuss the nonverbal communication, i.e. eye contact, body position.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Find value of inventories using dollar-value lifo method

Arna, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Compute the value of the 2010 and 2011 inventories using the dollar-value LIFO method.

  Evaluate cash debt coverage ratio

Prepare a statement of cash flows using the indirect method and compute these cash-based measures

  Pace corp donates the following property to landon

pace corp. donates the following property to landon elementary school a car with an adjusted basis of 15000 current fmv

  Prepare journal entry for the retirement of bonds

The bonds were issued on December 31, 2011 at 95, with interest payable on June 30 and December 31. Prepare journal entry for the retirement of bonds

  Indicate the amount of income or loss from the partnership

Indicate the amount of income or loss from the partnership that should be reported by Wilson in 2011 on his Individual Income Tax Return

  What amount of interest expense related to the bonds

What amount of interest expense related to the bonds will LHD report in its income statement for the year ending December 31, 2012?

  What are the tax consequences to each of the parties

What are the tax consequences to each of the parties as a result of the formation of the partnership, the sale of the property, and the liquidation of the partnership?

  How can regulatory body such as fasb make good decisions

Why can't optimal regulation be determined? If optimal accounting regulation cannot be determined, how can a regulatory body such as the SEC or FASB make good decisions?

  Does goodwill meet the fasb''s definition of an asset

What are the key concerns of those that believe goodwill is not an asset?

  Calculate the net cash flow to invested capital

For the question, assume the following facts: Net Income = $800,000. Calculate the net cash flow to invested capital

  A total of 29 units were started and 4 spoiled units were

a total of 29 units were started and 4 spoiled units were detected and rejected at final inspection yielding 25 good

  Computing the projected accounting profit

Sam Jones is a pharmacist earning $90,000 per year and he decided whether to purchase a pharmacy and become manager of a business that generates revenue of $500,000 each year.

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