Find the budgeted amount of operating income

Assignment Help Accounting Basics
Reference no: EM132621064

Question - Based on a predicted level of production and sales of 18,000 units, a company anticipates total variable costs $59,400, fixed costs of $18,000, and operating income of $100,980. Based on this information, find the budgeted amount of operating income for 16,000 units?

Reference no: EM132621064

Questions Cloud

Government and public relations : Research on the Internet an example of how the U.S. government used publicity to generate support for a new policy. Be prepared to discuss.
What sales level is the company in two compensation plans : Salaries would fall to a total of P25,000 per month (a drop of P15,000). At what sales level is the company indifferent between the two compensation plans?
Discuss the importance of the topic : Discuss the importance of the topic. Cite specific examples from the reading ("quotes"). Include personal experience with the topic if appropriate.
Compute the company margin of safety for abigail corporation : Selling Price P25 per unit Variable expense P15 per unit Fixed expense P8,500 per month, Compute the company's margin of safety as a percentage of its sales.
Find the budgeted amount of operating income : Operating income of $100,980. Based on this information, find the budgeted amount of operating income for 16,000 units
Quantitative and qualitative research and data in business : Discuss the value and use of quantitative and qualitative research and data in business.
Identify the time intersection she will need to determine : What are at least two methods she can use to identify the time/space intersection she will need to determine a list of incident witnesses? Please explain your.
Gene on the homologous chromosome : Will this type of mutation affect the copy of this gene on the homologous chromosome?
What is the total contribution margin at break-even point : Victoria Company sells a single product. Without resorting to computations, what is the total contribution margin at the break-even point?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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