For the coming year bernardino company anticipates a unit

Assignment Help Accounting Basics
Reference no: EM13588088

For the coming year, Bernardino Company anticipates a unit selling price of $ 85, a unit variable cost of $ 15, and fixed costs of $ 420,000. Instructions
1. Compute the anticipated break- even sales ( units).
2. Compute the sales ( units) required to realize income from operations of $ 70,000.
3. Construct a cost- volume- profit chart, assuming maximum sales of 10,000 units within the relevant range.
4. Determine the probable income ( loss) from operations if sales total 8,000 units.

Reference no: EM13588088

Questions Cloud

You are in charge of the audit of the financial statements : you are in charge of the audit of the financial statements of hawk corporation for the year ended december 31. the
Kerry company has 1000 shares of 100 par value 12 preferred : kerry company has 1000 shares of 100 par value 12 preferred stock and 11000 shares of 10 par value common stock
If pioneer uses select couriers it will sell the vehicle : pioneer construction employs a full-time driver and incurs costs for a vehicle to deliver paperwork between each of
On nov 1 2010 banana corporation management decided to : on nov. 1 2010 banana corporation management decided to discontinue operation of its rocketeer division and approved a
For the coming year bernardino company anticipates a unit : for the coming year bernardino company anticipates a unit selling price of 85 a unit variable cost of 15 and fixed
Assume up and right are positive a mass m is placed on the : a light stool in the shape of an equilateral triangle has three identical vertical legs abc at the corners and sits
On the basis of raw facts calculate material yield : on the basis of raw facts calculate material yield varianceif standard mix was 560 kg before loss it was 800 kg and
Transactions from august 1 through december 31 adjusting : tony and suzie graduate from college in may 2012 and begin developing their new business. they begin by offering
Neither carbon tetrachloride nor trans chbrchbr have dipole : neither carbon tetrachloride nor trans chbrchbr have dipole moments. both have cery different molecular geometries.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Murphy company produces flash drives for computers which it

murphy company produces flash drives for computers which it sells for 20 each. each flash drive costs 8 of variable

  What is the total stockholders'' equity based

What is the total stockholders' equity based on the following account balances? Common Stock

  Prepare a statement of cash flows using the direct method

the comparative balance sheet of charles inc. for december 31 2014 and 2013 is shown as followsdec. 31 2014dec. 31

  Partnership basis in its assets

What are the partner's inital adjusted bases in their partnership interests? What is the PJD partnership's basis in its assets?

  Computing overall fixed overhead budget variance

The company actually worked 6,480 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 6,370 machine-hours. What was the overall fixed overhead budget variance for the month?

  Ordinary and necessary business expense

The education expense was for a 2 week nighttime course in business management. Smith believes the expenditure should qualify as an ordinary and necessary business expense. What net income should Smith report from his business? Smith is on the cas..

  Depreciation is computed for financial reporting purposes

what were the total cost and book value of property plant and equipment at december 312011?depreciation is computed for

  Isbn 978-0-07-352694-2the question is 20-38 on page

isbn 978-0-07-352694-2the question is 20-38 on page 920-921ramon martinez is the general manager of classic inn a

  Shareholder deduction on personal income tax return

A shareholder purchases 30 percent of the stock of an S corporation two-thirds of the way through the year for $20,000. The S corporation incurs an operating loss of $300,000 for the year. What is the amount that the shareholder may deduct on his ..

  Costs in the merchandising activities

Your supervisor tells you the marketing staff would also like clarification regarding prime and conversion costs and an explanation of how these terms fit with product and period costs. You are told that many on the staff are unable to classify co..

  The financial statements of the melton manufacturing

the financial statements of the melton manufacturing company reports net sales of 300000 and accounts receivable of

  Lance lawn services reports warranty expense by estimating

lance lawn services reports warranty expense by estimating the amount that eventually will be paid to satisfy

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