Compute the volume of sales in units of each product

Assignment Help Accounting Basics
Reference no: EM133085740

Question - Cost Accounting and Control - Snider Company produces and sells two products: A and B in the ratio of 3A to 5B. Selling prices for A and B are, respectively, $1,200 and $240; respective variable costs are $480 and $160. The company's fixed costs are $1,800,000 per year.

Compute the volume of sales in units of each product needed to:

a. break even.

b. earn $800,000 of income before income taxes.

c. earn $800,000 of income after income taxes, assuming a 30 percent tax rate.

d. earn 12 percent on sales revenue in before-tax income.

e. earn 12 percent on sales revenue in after-tax income, assuming a 30 percent tax rate.

Reference no: EM133085740

Questions Cloud

Explain the importance of integrity in public sector : Explain THREE (3) the importance of integrity in public sector. Recommend FIVE (5) ways to tackle and manage the potential problems
State whether you agree or disagree with financial reporting : State whether you agree or disagree with the financial reporting practice. The entity paid for the personal travel of the chief executive officer
Sales and purchasing management : Explain how sales analysis and the correct sales organization can enable the strategic B2B selling-purchasing process.
Bcg matrix could be used in portfolio management : 1. Describe how BCG Matrix could be used in portfolio management; and provide suitable example of business unit or product line for each of the quadrant in the
Compute the volume of sales in units of each product : Selling prices for A and B are, respectively, $1,200 and $240; respective variable costs are $480 and $160. Compute the volume of sales in units of each product
Continuous interaction with computers-technological devices : Continuous interaction with computers and technological devices could be a trigger to any form of stress, which is commonly known as technostress. In IT consult
Compute the unit cost of Product A : Compute the unit cost of Product A if Products A and B are main products and Product C is a by-product for which the cost reduction method is used
Define importance of purchasing and supply management : Define the importance of purchasing and supply management and how this relates to selecting a qualified supplier.
What is the amount that Jeremy Grey will receive : Jeremy Grey loans Gary Grobowski $400,000. What is the amount that Jeremy Grey will receive on the sale of the note to Blue Hills Bank

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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