User Account

All Pages

Determine i total sales revenue ii selling price ii rate

Assignment Help Accounting Basics
Reference no: EM13387648

The new CEO of Radco Manufacturing has asked for a variety of information about the operations of the firm from last year. The CEO is given the following information, but with some data missing:

Total sales revenue ?

Number of units produced and sold 500,000 units

Selling price ?

Operating income $195,000

Total investment in assets $2,000,000

Variable cost per unit $3.75

Fixed costs for the year $3,000,000

Requirements:

Find (i) total sales revenue, (ii) selling price, (ii) rate of return on investment, and (iv) markup percentage on full cost for this produce.

The new CEO has a plan to reduce fixed costs by $200,000 and variable costs by $0.60 per unit while continuing to produce and sell 500,000 units. Using the same markup percentage as in Requirement a, calculate the new selling price.

Reference no: EM13387648

Questions Cloud

Recognize a company with which you are well known this : identify a company with which you are familiar. this could be your place of employment a car wash a yard service
Describe what do you mean by asymmetric information : describe each of the four properties of indifference curves. explain what is meant by asymmetric information. identify
Managers should base pricing decisions on both cost and : 1.managers should base pricing decisions on both cost and market factors. in addition they must also consider legal
In this assignment you will compare and evaluate risk : in this assignment you will compare and evaluate risk management techniques from experts in the field. go to the
Determine i total sales revenue ii selling price ii rate : the new ceo of radco manufacturing has asked for a variety of information about the operations of the firm from last
The price of custom solutions is now 65 the company pays no : the price of custom solutions is now 65. the company pays no dividends. mr. stephen conroy expects the price 4 years
A university has demand for 10000 classroom seats per day : a university has demand for 10000 classroom seats per day one student in one class is a classroom seat. all classrooms
Write the costs of making those systematic mistakes is it : much has been made of the fact that people dont consistently act with scientific rationality. what is meant
Mr brown invested in gold us coins ten years ago paying : 1. mr. brown invested in gold u.s. coins ten years ago paying 216.53 for one-ounce gold double eagle coins. he could

Reviews

Write a Review

Accounting Basics Questions & Answers

  Account for the decline in value

Which is expected to be recovered over the next several months. How should Club account for the decline in value?

  Which of the following would result in life insurance

Maggie is single and supports her 85-year-old parents who live in a home rented for them by Maggie and who have no income. What is Maggie's filing status and why?

  Describe the tolerable exception rate

Describe the tolerable exception rate and how you would use this as an auditor. Explain how you would determine the rate you select.

  Problem related to managerial accounting

Managerial accounting: a. has its primary emphasis on the future. b. is required by regulatory bodies such as the SEC. c. focuses on the organization as a whole, rather than on the organization's segments. d. Responses a, b, and c are all correct.

  Amount of cash received

Buehler Company on June 14 sells merchandise on account to Chaz Co. for $1,000, terms 2/10/n, n/30. Chaz Co. returns merchandise or $300 to Buehler Company on June 17. On June 24, payment is received from Chaz Co. for the balance due. What should ..

  Compute variance for the items

Compute variance for the following items and indicate whether each variance is favorable or unfavorable.

  Compute the percentage total return

Suppose a stock had an initial price of $83 per share, paid a dividend of $1.40 per share during the year, and had an ending share price of $96.

  Accounting system for the business

How would you change the accounting system for the business? What additional accounts would be needed? How would the financial statements change?

  Calculation of cash flow from operations treats depreciation

On a statement of cash flows that uses the indirect approach, calculation of cash flow from operations treats depreciation as an adjustment to reported net income because:

  Total cost to lease the equipment

Jonas Inc. is considering whether to lease or purchase a piece of equipment. The total cost to lease the equipment will be $120,000 over its estimated life, while the total cost to buy the equipment will be $75,000 over its estimated life.

  Treating transaction of schedule

Jerry, a general contractor by trade, is a tenant of Montgomery Apartments. In exchange for four months rent at $900 per month, Jerry provided the following items and services for Paul, the owner of the apartments: How should Paul treat this trans..

  Taxed on the formation of the partnership

a) How are Ethyl, Fred, and the partnership taxed on the formation of the partnership?b) If Ethyl were to sell her interest six months later for $150,000, how much would she be taxed?

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