User Account

All Pages

How many units must be sold to meet target operating income

Assignment Help Accounting Basics
Reference no: EM132101483

Question - Buttermilk Bakery has provided the following cost data for the last year when 99,000 loaves of bread were produced and sold.

Raw materials

$243,540

Direct labor

73,260

Manufacturing overhead

202,140

Selling and administrative costs

143,920

All costs are variable except for $122,940 overhead and $72,640 selling and administrative. The sales price was $10 per loaf.

a. How many units must be sold to meet a target operating income of $342,452?

b. If Buttermilk desires a target operating income of $150,000, what is the amount of sales dollars needed to reach this target?

c. What would be the operating income from producing 90,000 loaves?

Reference no: EM132101483

Questions Cloud

What the amount of the last annual dividend that was paid : A stock is selling for $12.10 a share given a market return of 15.00 percent, What was the amount of the last annual dividend that was paid
Salaries for different occupations : What factors may account for the wide differences among salaries for different occupations?
Prevent unethical behavior in your organization : As a manager, what actions would you take to prevent unethical behavior in your organization.
What is the ethical thing for you to do : If you do not, it will go bankrupt sooner. What is the ethical thing for you to do? Why?
How many units must be sold to meet target operating income : All costs are variable except for $122,940 overhead and $72,640 selling and administrative. How many units must be sold to meet a target operating income
Examine the human resource management process : Examine the retention/attrition rates within the organization over the past year and identify the drivers of the increase/decrease.
Create pr agency - mission and value : Write mission and value related to this information. (Easy language) must be creative and attracts the clients - We are team of four seniors specializing in PR
Simply tracking auctions using a spreadsheet : Frank has written a new computer program to help sellers manage online auctions at sites such as eBay
How information systems affect the firms strategic position : Using your company or a real-world example from your research, analyze how information systems affect the firm's strategic and competitive position.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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