How much does sheridan operating income increase

Assignment Help Accounting Basics
Reference no: EM133038004

Question - Sheridan Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $7 of variable costs to make. During April, 1200 drives were sold. Fixed costs for April were $6000. How much does Sheridan's operating income increase for each $2600 increase in revenue per month?

Reference no: EM133038004

Questions Cloud

What would be the contribution margin per display case : If the three-diamond style ring has a sales price of $204 per ring and the variable cost is $92 per? ring, what would be contribution margin per display case
Define organizational performance : Define organizational performance, and discuss the criteria for classifying organizations as 'high performing' and 'low performing organizations.
Impact of recent health insurance : Assess the individual insurance role in the current US health insurance market. What is the impact of recent health insurance reforms on the individual insuranc
Weaknesses of large vs small firm innovation : 1. Discuss how competitive rivalry (industry structure) and related and support industries can be mutually reinforcing using examples.
How much does sheridan operating income increase : Fixed costs for April were $6000. How much does Sheridan's operating income increase for each $2600 increase in revenue per month
Case study-the marriott data breach : In November 2018, Marriott, the world's largest hotel company, announced that one of its reservation systems had been hacked. With over 7,000 properties and mor
Reducing juvenile delinquents return to crime : Does educational outreach play a role in reducing juvenile delinquents' return to crime in certain Counties ?
What is the amount of the inventory at the end of the year : The firm uses the periodic system, and there are 25 units of the commodity on hand at the end of the year. What is the amount of the inventory at the end
General partnership and limited liability company : Discussing how to form the new business, and have narrowed their choices to a general partnership or a limited liability company (LLC). What would you advise

Reviews

Write a Review

Accounting Basics Questions & Answers

  Purchases by using a linear regression model

You are working with a company selling building material to builders. You predict the quarterly purchases of customers based on their current purchases by using a linear regression model.

  Compute the ending inventory balance on October

During the month of October, Williams sold 250 units. Compute the ending inventory balance on October 31 using average-cost

  What is valuation using the lease value rule

The company pays all her fuel and charges her 5 cents per personal mile for fuel costs. What is her 2017 valuation using the lease value rule

  How would you monitor accounts according to organisation

How would you monitor accounts according to organisational policy and procedures and industry compliance requirements? Detail the steps involved.

  How do you think each of the following items would affect a

how do you think each of the following items would affect a companys ability to attract new capital and the flotation

  What is Nell basis in his partnership interest

During the year the partnership borrowed $6,000 using the machine as collateral. What is Nell's basis in his partnership interest as of December 31st, Year 1

  Percent of the company financing

A. What percent of the company's financing is debt? B. What percent of the company's financing is equity?

  Discuss the accounting profession over the next decade

technology shifts that will shape the accounting profession over the next decade

  Make Working paper for the statement of Liquidation

They sold their non-cash assets for a lump sum of P280,000, which increased the firm's cash to P300,000. Make Working paper for the statement of Liquidation

  Why are paid-in-capital and retained earnings displayed

Why are paid-in-capital and retained earnings displayed separately in the stockholder's equity section of the balance sheet?

  What was the total cost per equivalent unit

Using the weighted-average method, what was the total cost per equivalent unit?Crystal Company adds materials at the beginning of the process

  The odle company makes and sells a single product called a

the odle company makes and sells a single product called a kitt. odle uses a standard costing system. each kitt has a

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