For turgo company variable costs are 60 of sales and fixed

Assignment Help Accounting Basics
Reference no: EM13570441

For Turgo Company, variable costs are 60% of sales, and fixed costs are $185,000. Management's net income goal is $88,170. Compute the required sales needed to achieve management's target net income of $88,170.

Reference no: EM13570441

Questions Cloud

Determine the cost of one unit of cobra and asp assuming : assume that one of itws divisions has the following predicted indirect costs and cost drivers for 2013 for the given
What would be the effect of removing either the matching : what would be the effect of removing either the matching principle or the revenue recognition principle from the
Haag company has a unit selling price of 679 variable : haag company has a unit selling price of 679 variable costs per unit of 423 and fixed costs of 219000. compute the
The welcome letter should be no more or less than four : welcome letter assignmentthe welcome letter should be no more or less than four pages single spaced long including any
For turgo company variable costs are 60 of sales and fixed : for turgo company variable costs are 60 of sales and fixed costs are 185000. managements net income goal is 88170.
For kozy company actual sales are 1311500 and break-even : for kozy company actual sales are 1311500 and break-even sales are 890500. compute the following a the margin of safety
If a bank sells 10 million of bonds to the fed to pay back : if a bank sells 10 million of bonds to the fed to pay back 10 million on the discount loan it owes what will be the
An employee earns 50 per hour and 2 times that rate for all : an employee earns 50 per hour and 2 times that rate for all hours in excess of 40 hours per week. assume that the
Please answer each question one paragraph each last : please answer each question one paragraph each. last paragraph needs to be done with the information given.1 which

Reviews

Write a Review

Accounting Basics Questions & Answers

  Riskiness of new operation versus old operation

Discuss the effect on profits if volume increases to 700,000 units under both the old and the new production environments. Comment on the riskiness of the new operation versus the old operation.

  Should management sell product a now or should product a be

a company has a process that results in 6000 pounds of product a that can be sold for 8 per pound. an alternative would

  Incomesales 4000000interest income 100000 of tax-exempt

incomesales 4000000interest income 100000 of tax-exempt interest other than from specified private activity bonds

  What is his realized gain or loss

Three years later, the shareholder ssells the land for $220,000. What is his realized gain or loss?

  Farley corporation payout ratio

Farley Corporation's common stockholders' equity at the beginning and end of 2007 was $450,000 and $550,000, respectively. Farley Corporation's payout ratio for 2007 is ??

  Distribution deduction of the trust

During the year, the trust makes a mandatory distribution to Sarah of $5,000 and a discretionary distribution of $10,000 to Kyle. The trust has no tax-exempt income. The distribution deduction of the trust is:

  Therere several ways the company can allocate overhead

there are several ways a company can allocate overhead costs to products produced or services provided. two of these

  Net realizable of accounts receivable

The company estimates that it will be unable to collect 2% of accounts receivable. The net realizable of accounts receivable on the December 31, 2010 balance sheet will be:

  The following information pertains to the east division of

the following information pertains to the east division of saturn companynet

  Common stock balance sheet disclosure

Common stock balance sheet disclosure

  Maximum amount of distribution which is treated as dividend

Swan a calendar year corporation has a deficit in current E & P of 200,000 and a %580,000 positive balance in accumulated E&P. If Swan determines that a $1 million distribution to its shareholders is appropriate at some point during the year, what..

  Compute cost of goods available for sale

Compute cost of goods available for sale and the number of units available for sale. Compute the number of units in endinginventory.

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