Compute total variable costs

Reference no: EM1359005

Nelson Company manufactures running shoes. The selling price per pair of shoes (one unit) averages $80 and variable costs per pair are $47.50. The sales volume of $776,000 produces $100,750 of net income before taxes.

Required:

a. Compute total variable costs.

b. Compute total fixed costs

c. Compute the break-even point in units.

d. Compute the quantity of units above breakeven to reach targeted
net income before taxes.

e. Compute the contribution margin and contribution percentage

Reference no: EM1359005

Questions Cloud

Society and culture in the development of eating disorders : Discuss the relevance of society and culture in the development of eating disorders. What methods might you use to assess the role of sociocultural factors in eating disorders?

Racism and discrimination : In what ways does the group that you chose to research experience discrimination in the United States and what ways does the group that you chose to research experience discrimination in other countries?

Write java program using array list object : Write a java program (using eclipse) using ArrayList object to allow the professor to enter student's name, his or her's four test scores.

Overeating or food addiction : Food addiction is very common. There are support groups all over. Overeaters anonymous is very popular actually. What do you think reinforces eating for someone who overeats? What leads to overeating or food addiction?

Compute total variable costs : Nelson Corporation manufactures running shoes. The selling price per pair of shoes averages $80 and variable costs each pair are $47.50.

Illustrate what will be the new equilibrium price : some firms leave the industry and the industry returns back to a long-run equilibrium. Illustrate what will be the new equilibrium price, assuming cost conditions in the industry remain constant.

Sociological perspectives on family issues : What family values are implied in each situation and what sociological problems will each family face

Development of anorexia and bulimia : At the same time, there appears to be a genetic influence as well. Explain how culture and genetics may interact in the development of anorexia and bulimia.

Discuss functionality of component of network : Discuss the functionality of each component and the role the components play in the operation of the network and the Internet.

User Account

All Pages