Reference no: EM132579522
Questions -
Q1. Ocean City Kite Company sells kites for $11.50 per kite. In FY 2019, total fixed costs are expected to be $175,000 and variable costs are estimated at $4.50 a unit. Ocean City Kite Company wants to have a FY 2019 operating income of $65,000. Use this information to determine the number of units of kites that Ocean City Kite Company must sell in FY 2019 to meet this goal. (Round your answer to a whole number)
Q2. Adelphi Company has budgeted activity for March to reflect net income $135,000. All sales are credit sales. Receivables are planned to increase (decrease -) by $-39,000 payables to increase (decrease -) by $1,000 and Depreciation Expense is $40,000. Use this information to determine how much cash will increase (decrease) during the month of March. (Decreases in accounts receivable or accounts payable will have a negative sign in front of number. Round & enter final answer to the nearest whole dollar.)
Q3. During FY 2018, Adelphi Company reported sales of $400,000, a contribution margin of $5.00 per unit, fixed costs of $85,000, and net income of $35,000. Use this information to determine the number of units Adelphi sold during FY 2018. (Round answer to nearest whole number)
Find the breakeven point in units
: Frederick Company utilizes a JIT production system and there are no Raw Materials, Work-in-Process or Finished Goods inventories. Find the breakeven point
|
Determine the product cost of one unit
: Determine the product cost of one unit: Direct Materials = $60; Direct labor = $10; Apply Overhead based on $2 per Direct Labor hour
|
Find for adelphi company the cost of goods sold
: Adelphi Company uses absorption costing. Use this information to find for Adelphi Company the FY 2018 Cost of Goods Sold
|
Determine how much is cost of goods sold
: $300,000, beginning finished goods inventory of $50,000 and ending finished goods inventory of $40,000. How much is cost of goods sold?
|
Determine the number of units adelphi sold
: Adelphi Company reported sales of $400,000, a contribution margin of $5.00 per unit, Determine the number of units Adelphi sold
|
Find amount of maintenance services total cost
: Maintenance Services has costs of $155,000 before any allocations. Find amount of Maintenance Services total cost is allocated to the Mixing Department
|
How much is the company predetermined overhead rate
: Actual overhead was $305,000, and actual labor costs totaled $1,100,000. How much is the company's predetermined overhead rate to the nearest cent
|
Compute the unit product cost that would appear
: Job 243,Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places.)
|
Prepare a flyer or banner for dispensing pharmacy session
: Prepare a flyer or banner for dispensing pharmacy session? It need to be released on your name
|