How many units must sold each month to reach target profit

Assignment Help Managerial Accounting
Reference no: EM132953369

Question - The following information pertains to Yoozy's production of sneakers:

Monthly Fixed Costs $262,000

Sales Price per Unit $75

Variable Cost per Unit $20

Monthly Target Profit $125,000

How many units must be sold each month to reach the target profit? Round to the nearest unit, if applicable.

A. 2,273

B. 4,764

C. 7,036

D. 2,491

Reference no: EM132953369

Questions Cloud

Explain without the aid of computations : If chance of success of the strategy were only 1% would shareholders be interested in the strategy. Explain without the aid of computations
What the net carrying value of accounts receivable before : What the net carrying value of accounts receivable before the bad debt expense is recognized is? Sales returns (on credit sales) 35,000.
What the bad debt expense was : What the bad debt expense for 2020 was? Bailey Inc.'s books revealed the data for 2020 after all adjustments were made, Cash sales $825,000.
What tripe h net income/loss for the period was : What Tripe H's net income/loss for the period was? Tripe H Enterprises reported $26,000 of cash from operating activities and the data.
How many units must sold each month to reach target profit : The following information pertains to Yoozy's production of sneakers: Sales Price per Unit $75. How many units must sold each month to reach target profit
Which changes in profit margin ratio could indicate changes : Which Changes in the profit margin ratio could indicate changes in any of the following except changes in? product profitability.
What kind of lease is this to Krause Company : A guarantee by Krause Company that Daly Corp. will realize $100,000 from selling the asset at the expiration of the lease. What kind of lease is this to Krause
Which of the represents the debt ratio : Which of the represents the debt/equity ratio? total liabilities ÷ (total liabilities + shareholders' equity)./ total liabilities ÷ total shareholders' equity
Determine the nominal annual interest rate : Determine (within one basis point) the nominal annual interest rate (APR) compounded weekly which is equivalent to a nominal annual rate (APR) of 1.2%/year

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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