Determine what the profit would be in a week

Assignment Help Managerial Accounting
Reference no: EM133020532

Question - A company manufactures a single product which it sells for R30 per unit. The product has a contribution to sales ratio of 40%. The company's weekly break-even point is sales of R18,000. Determine what the profit would be in a week when 800 units are sold.

Reference no: EM133020532

Questions Cloud

How much cash should be distributed to aa : After all noncash assets are sold and all liabilities are paid, there is a cash balance of P90,000. How much cash should be distributed to AA
Discuss the role of the investment bank : Discuss the role of the investment bank as financial intermediary in the buying and selling of securities in the secondary and tertiary markets
What is the balance of the allowance for loan impairment : On July 1, 2020, XYZ Company borrowed P2,500,000 from BPI, with 12% interest. What is the balance of the allowance for loan impairment
What is the amount of insurance expense : President dies on September 30, 2026, and policy is collected on December 2, 2026. What is the amount of insurance expense
Determine what the profit would be in a week : The company's weekly break-even point is sales of R18,000. Determine what the profit would be in a week when 800 units are sold
Prepare extract of statement of comprehensive income : Instalment payable on monthly basis. Prepare extract of Statement of Comprehensive Income (Income Statement) for the 5 years period
Make a partial income statement : Make a partial income statement and a partial balance sheet for the year ended December 31,2019 to show the effect of the adjusting entries
What is this prize worth to you today : You just won the lottery! As your prize you will receive $1,200 a month for 100 months. What is this prize worth to you today (it's present value)
What is the expected probability of repayment : Assume that i1 = 11% and i2 = 12%, and that k1 = 14.50% and k2 = 16.50%. What is the expected probability of repayment on the one-year corporate bonds

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Explain effect of occupational fraud and abuse on company

Explain The effect of occupational fraud and abuse on the company and U.S. governmental oversight of accounting fraud and abuse and its effect on the company

  Compute the amount of other comprehensive income

A pension has assets of $58,600,000 and accrued benefit obligation of $69,500,000. Compute the amount of other comprehensive income

  The distribution of costs using abc for boeing

Evaluate and discuss whether Boeing could benefit by using Activity Based Costing (ABC). The discussion should include what factor(s) influenced your decision, the ramifications of implementing ABC in the international business environment of Boeing,..

  Do investigate and try to find alternative costing solutions

When we have unfavorable variances, Do investigate and try to find alternative costing solutions which would help keep our potential profits?

  Read the product warranties section of the organization

The Polaris report is for the year ended December 31, 2011, and the Arctic Cat report is for the year ended March 31, 2011.

  The cost of this alternative is what percentage

The controller of company has identified a number of sources. Assume a 360-day year in all of your calculations. The cost of this alternative is what percentage

  Construct a contribution margin income statement

Construct a contribution margin income statement for the first month (in July) that reflects $2,400,000 in sales revenue for Micol & Co. Ltd

  Shown below in t account format are the changes

From the information provided by the account changes you should be able to re-create the transactions that affected Brenner-Jude's retained earnings during 2011.

  What would their total common fixed expenses be

Net operating income last year for the corporation was $500,000. In last year's income statement segmented by division, what would total common fixed expenses

  Calculate the npv of the project for mustang enterprises inc

Calculate the NPV of the project. Mustang Enterprises, Inc., has been considering the purchase of a new manufacturing facility for $277,000

  What is the break-even point in units

If Hart sells $450,000 of bicycles, how much would the net income (after taxes) be? What is the break-even point in UNITS

  What relevant costs might consider in deciding

What relevant costs might you consider in deciding whether to accept an order at a reduced selling price? What costs would you not consider

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