How many units of fancy must maxie pty ltd sell to earn

Assignment Help Cost Accounting
Reference no: EM132562111

Maxie Pty Ltd makes and sells two types of shoes, Plain and Fancy. Product data is as follows:

Plain:

Unit Selling Price $20

Variable cost per unit $12

Fancy:

Unit Selling Price $35

Variable cost per unit $24.50

Question 1: Sixty per cent of the sales in units are Plain and annual fixed expenses are $45 000 and the sales mix remains constant. How many units of Fancy must Maxie Pty Ltd sell to earn a target profit of $31 500?

Reference no: EM132562111

Questions Cloud

Find the annual cost of the inventory policy is : Find The annual cost of the inventory policy is. Specialty Manufacturing requires 5 400 gadgets per year for production. The firm decides to order 120 gadgets
What factors led the individuals to become advocates : What factors led the individuals to become advocates? Analyze these drivers and challenges and compare them with your own experience to date as an advocate.
How many units of each product will the firm produce : Delights faces the problem of having only 2500 machine hours available per month. How many units of each product will the firm produce?
Beneficial characteristics of american government : Do you think that Madison's two beneficial characteristics of American government are preventing the development of "faction," or partisanship, today? Why?
How many units of fancy must maxie pty ltd sell to earn : Annual fixed expenses are $45 000 and the sales mix remains constant. How many units of Fancy must Maxie Pty Ltd sell to earn a target profit of $31 500?
Political party systems presentation : This assignment requires you to create a PowerPoint presentation to explain the two-party political system used in the United States
What the safety stock for bonds chemical would be : What The safety stock for Bonds chemical would be? The lead time for each order is six weeks and the economic order quantity is 160 tonnes.
Calculate the non-controlling interest as at june : During the year Expert Ltd paid $60,000 in consultancy fees to Giant Ltd. Based on the above information, calculate the non-controlling interest as at 30 June
Find the resultant profit that the company would earn : Suggest the best production plan in each case, and the resultant profit that the company would earn according to your suggestion.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Calculate the customer support and distribution costs

Calculate the customer support and distribution costs associated with the three types of customers. Use a simple strategy first and allocate the costs based on revenues.

  What is the hourly cost to roth accounting

What is the hourly cost to Roth Accounting of employing Sawyer and what direct labor cost would be traced to client 507 if Sawyer works 12 hours to prepare client 507's financial statements?

  Qthe major impact of third industrial revolution in

qthe major impact of third industrial revolution in agricultural equipment manufacturing value chain in the upcoming

  Calculate the cost of sugarsmooths ending inventory

Calculate the cost of Sugarsmooths ending inventory at the end of the first year under absorption costing and prepare a segmented variable-costing income statement for next year.

  Estimate the impact on net operating income

Using the degree of operating leverage, estimate the impact on net operating income of 5% increase of sales. Compute the company's degree of operating Leverage.

  Explain the difference between actual and normal costing

Explain the difference between actual and normal costing. When a single, volume-based cost driver is used to apply manufacturing overhead, what is the managerial accountant's primary objective in select- ing the cost driver?

  How does accounting for overapplied or underapplied overhead

How does the accounting for overapplied or underapplied overhead, originally discussed, differ from York Co.'s cost accounting system?

  Assets of the partnership

Assets of the partnership were overvalued instantly prior to MaryAnn's investment.

  Calculate the degree of operating leverage

Compute the number of units that must be sold to achieve a target after-tax incomeof $120,000, assuming a tax rate of 40%.

  Transform financial statements from barclays bank group

transform financial statements from barclays bank group limited to an xbrl gaap or ifrsinstance document. provide a

  Prepare an income statement for the current year

Prepare an income statement for the current year ended April 30, 2008 - The assets and liabilities of Chickadee Travel Service at April 30, 2008, the end of the current year

  Maintain a balance at the end of each quarter

Selling and administrative expenses are projected to be $45,117; this figure includes $1,117 in depreciation expense on the office equipment. All costs and expenses will be paid in cash. Nemani wants to maintain a balance of at least $25,000 cash ..

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