Determine the degree of operating leverage

Assignment Help Financial Accounting
Reference no: EM132951194

Question - The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $86.72. The variable cost per unit is $24.34, Poseidon Swim has average fixed costs per year of $5,395.

Determine the degree of operating leverage for the level of production and sales 445 swim trunks.

Reference no: EM132951194

Questions Cloud

What will be the resulting percentage change in EBIT : Assume that current level of sales is 355 units. What will be the resulting percentage change in EBIT if they expect units sold to changes by -1.9 percent
Improve an organization customer service : What are the steps to evaluate the best process to follow when deciding to use Lean Six Sigma to improve an organization's customer service?
Prepare an absorption-costing income statement for rafael co : Variable selling and administrative costs were $2 per unit sold, and fixed selling and administrative expenses. Prepare an absorption-costing income statement.
Explain the direct care functions of the hl7 ehr system : You are the CIO of a 300-physician practice. The board of directors has decided to purchase an electronic medical record (EMR). You have been asked what the rol
Determine the degree of operating leverage : The average selling price for one of their swim trunks is $86.72. The variable cost per unit is $24.34, Determine the degree of operating leverage
Process of managing knowledge and innovation : Analyze the role of technology in the process of managing knowledge and innovation, which are experienced through different project activities.
Describe how the board of directors functions : Concepts of Managed Care (health care course) describe how the board of directors functions and why they are the highest level of governance in managed care.
Calculate the fixed production overhead absorbed : The overhead absorption rates are based upon normal activity of 240,000 units per period. Calculate the fixed production overhead absorbed during the period
Explain the concept of cbdc : Explain in full detail about legal and regulatory implications of a central bank's digital currency. and explain the concept of CBDC

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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