User Account

All Pages

How much revenue per month Exclusive Jewellers Ltd need

Assignment Help Accounting Basics
Reference no: EM132823707

Question - Exclusive Jewellers Ltd manufactures wedding rings has the following monthly costs:

Staff wages $49,000

Rent $1,800

Insurance $400

The average ring sells for $800

The average materials cost is $100

Electricity and other variable cost to make one ring is $60.

Required - How much revenue per month would Exclusive Jewellers Ltd need sell to make a monthly profit of $16,000?

Reference no: EM132823707

Questions Cloud

How a financial investigator must secure digital evidence : What do you consider to be the most important aspect of how a financial investigator must secure digital evidence to help in the prosecution of offenders.
Which net present value can be defined as : Which Net Present Value can be defined as? The discount rate that causes the current value of cash inflows to exceed the current value of cash outflows
Which would be classified as a use of cash : Which of the following would be classified as a use of cash? A decrease in accounts receivable. / An increase in accounts payable.
How will customers communicate with us : The state crime lab has contracted AB Investigative Services (ABIS) to prepare a forensic plan to ensure that current problems with computer forensic.
How much revenue per month Exclusive Jewellers Ltd need : Electricity and other variable cost to make one ring is $60. How much revenue per month would Exclusive Jewellers Ltd need sell to make a monthly profit
Identify one biometric characteristic other than fingerprint : Identify one biometric characteristic other than fingerprints (e.g., eye scanning, facial scanning, etc.) and explain how the Fourth Amendment would apply.
What point is the author trying to make : Read Conversation Ballgames by Nancy Sakamoto - What point is the author trying to make and What questions do you have about the reading or of the author
Should the utility cost be recorded : Should the utility cost be recorded? If so, when? Who is right and how should the accountant handle the situation? Which accounting principle influenced
What are some of the ethical issues that can arise : What are the issues and difficulties that can keep a company taking an advantage of those discounts. What are some of the ethical issues that can arise?

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