Determine the number of units of kites that ocean city

Assignment Help Financial Management
Reference no: EM132319206

Question

Ocean City Kite Company sells kites for $11.50 per kite. In FY 2019, total fixed costs are expected to be $205,000 and variable costs are estimated at $4.50 a unit. Ocean City Kite Company wants to have a FY 2019 operating income of $90,000.

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?

Reference no: EM132319206

Questions Cloud

How to present a bank reconciliation for the company : How to present a bank reconciliation for the company as of 11/30/17 and to record any necessary journal entries for the West company?
What is the labor efficiency quantity variance : What is the labor efficiency quantity variance? A negative number indicates an favorable variance and a positive number indicates an unfavorable variance.
Perform an analysis of HVCs investment problem : Managerial Report - Perform an analysis of HVC's investment problem and prepare a report that presents your findings and recommendations
Calculate the discount amount for this order : In cell F27, use an IF function to calculate the discount amount for this order based on the customer's status (which is found in F16).
Determine the number of units of kites that ocean city : 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?
Job along with experience and education : Should personality also be considered when hiring for a job along with experience and education? Why or why not? Please explain with detail and examples.
Prepare the journal entries to record the lease by hand : Deal Leasing leased equipment to Hand Company on January 1, 2018. The lease payments were calculated to provide the lessor a 8% return.
Describe the diversification of disney : Describe the diversification of Disney. How does Disney go above and beyond to connect with it's customers?
Overall internal communication flow : Briefly describe a fortune 500's Internet department and their impact on overall internal communication flow.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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