Determine the dollar amount of ocean city kite company

Assignment Help Managerial Accounting
Reference no: EM133039977

Question - Ocean City Kite Company manufactures & sells kites for $6.00 each. The variable cost per kite is $2.00 and the breakeven point is 50,000 kites. Use this information to determine the dollar amount of Ocean City Kite Company's fixed costs.

Reference no: EM133039977

Questions Cloud

Record a general journal entry in the sunlight accounts : The company enjoyed a trade discount and cash discount of 12.5% and 7% respectively. Record a general journal entry in the sunlight accounts
Explain four types of financial abuse : 1. What is financial abuse/exploitation of an elderly person? State some examples of a financial abuse/exploitation of an elderly person.
What is the estimated recovery percentage : The total assets which are used as collateral or security for corporate obligations amounted to P10M. What is the estimated recovery percentage
What is the probability that a single treatment will cost : What is the probability that a single treatment will cost less than R1 000?
Determine the dollar amount of ocean city kite company : Question - Ocean City Kite Company manufactures & sells kites for $6.00 each. Determine the dollar amount of Ocean City Kite Company's fixed costs
What was the hourly wage of johan last job as a hairstylist : Johan is filling out a job application, and he needs to give the hourly wage of his last job as a hairstylist. What was the hourly wage of Johan last job
MN 7404 Marketing Management Assignment : MN 7404 Marketing Management Assignment Help and Solution, University of Leicester - Assessment Writing Service
Provide brief description of primary legal forms of business : Provide a brief description of primary legal forms of business; Describe the connection of your description of the various forms to the examples you provided
What is the terminal value of the company : At the end of the fifth year, you estimate the terminal value using a multiple of 8 times operating income. What is the terminal value of the company

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Briefly discuss the features of chosen costing system

Discuss two potential uses of the cost information for decision-making, to the managers in each of the 2 organisations selected in Q2 above

  What the spending variance for administrative expenses was

What the spending variance for administrative expenses was? Last month, the budgeted level of activity was 1,620 patient-visits

  What is the residual income for the division

The Magnolia Company's Division A has income from operations of $80,000 and assets of $400,000. What is the residual income for the division

  How the cost of such an asset may be considered irrelevant

However, the cost of such an asset may be considered irrelevant in most internal decision-making. Explain how and why this might be true

  What will be the effect of the error on net income

Johnson corporation mistakenly overstates cost of goods sold by $52,000. What will be the effect of this error on Net Income for 2017? Assume a tax rate of 0%.

  Prepare the company planning budget for october

Prepare the company's planning budget for October. Auto Lavage is a Canadian company that owns and operates a large automatic car wash

  Prepare a schedule showing a horizontal analysis

Prepare a schedule showing a horizontal analysis for 2017 using 2016 as the base year and What is the primary use of horizontal analysis

  Determine what should be the budgeted sales in units

Determine what should be the budgeted sales in units? The company plans to include a safety margin of $20 000 before tax. Assuming a tax rate of 30%,

  What the optimal stocking level for the bakery is

Demand is estimated to be normally? distributed, with a mean of 30 and a standard deviation of 5. What is the optimal stocking? level?

  What would be the overall company operating income

The management of Cook, What would be the overall company's operating income (loss) if the Eastern Division were eliminated?

  Calculate the total utility cost for the month of april

Assume that 500 labor hours are budgeted for the month of April. Calculate the total utility cost for the month of April. Zinc Company constructed

  What is the future value of annuity payment

What is the future value of a $820 annuity payment over five years if interest rates are 9 percent

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