User Account

All Pages

Find sales dollars required with a contribution margin ratio

Assignment Help Managerial Accounting
Reference no: EM132603678

Break-even and target profits; volume defined in sales dollars. The manager of Wong's Food Express estimates operating costs for the year will total $300,000 for fixed costs.

Question a. Find the break-even point in sales dollars with a contribution margin ratio of 40 percent.

Question b. Find the break-even point in sales dollars with a contribution margin ratio of 25 percent.

Question c. Find the sales dollars required with a contribution margin ratio of 40 percent to generate a profit of $100,000.

Reference no: EM132603678

Questions Cloud

How dell strategy fulfill customer needs in superior fashion : Environmental sustainability is defined as responsible interaction with the environment to avoid depletion or degradation of natural resources and allow.
What volume of dollar sales must be achieved in coming year : What volume of dollar sales must be achieved in the coming year to maintain the current year's operating profit if the selling price remains at $16?
Describe the current state of blockchain technology : This week's reading discussed the current state of blockchain technology and suggested what the technology may look like in the near future. The author provided
What would be the new break-even volume : If the product sales mix were to change to four chicken burritos for each steak burrito, what would be the new break-even volume?
Find sales dollars required with a contribution margin ratio : Break-even and target profits; Find the sales dollars required with a contribution margin ratio of 40 percent to generate a profit of $100,000.
Explain the different ways css can be applied : We've been looking at the different ways CSS can be applied to a Website to create unique appearances. For this thread, we'll take a step back from thinking.
What is the amount of cash that should be collected in march : Thirty-five percent of the credit sales are collected in the month of sale, What is the amount of cash that should be collected in March?
Derive the break-even point expressed in units : How many units must the firm sell to earn a profit of $280,000? What would profits be if revenue from sales were $2,000,000?
Discuss which of the two remote access solutions are best : Discuss which of the two remote access solutions, virtual private networks (VPNs) or hypertext transport protocol secure (HTTPS), you will rate as the best.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd