How many headphones must abc sell per week to meet it profit

Assignment Help Accounting Basics
Reference no: EM133183821

Question - ABC Audio sells headphones and would like to earn an after-tax profit of $762 every week. Each set of headphones incurs variable cost of $20 and sells for $40. Rent and other fixed costs are $230 per week; the income tax rate is 40%. How many headphones must ABC sell per week to meet its profit goal?

Reference no: EM133183821

Questions Cloud

What are the factory overheads : Given that sales are R12,500,000. Factory overheads take 15% of sales. Using percentage on sales method - What are the factory overheads
Managing stages of international development : Objective: What are the managing stages of international development? pg. 229
How financial markets and institutions influence : Research how financial markets and institutions influence the US and global economies. Compare how each financial market you identified influences the US econom
What is the interest payment estimated for april : The George Company has a policy of maintaining an end-of-month cash balance of at least $31,000. What is the interest payment estimated for April
How many headphones must abc sell per week to meet it profit : Rent and other fixed costs are $230 per week; the income tax rate is 40%. How many headphones must ABC sell per week to meet its profit goal
How many visits per month does the clinic need to break even : The Cobb Clinic treats walk-in patients for various illnesses. If the charge is $85 per visit, how many visits per month does the clinic need to break even
Why we cannot avoid cognitive biases : Do you think that using short cuts are the predominate reason why we cannot avoid cognitive biases?
Make a recommendation based on relevant costing calculation : Make a recommendation, based on relevant costing calculations, whether the special order from Lyon Jewellery should be accepted or not
Why the potential customers are your potential customers : For this forum you are asked to share your unique selling proposition: your "competitive edge".

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