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Ozark Outdoors is a manufacturer of outdoor items. The company is considering the possibility of offering a new sleeping bag that would sell for $125 each. Cost to manufacture these sleeping bags includes $35 in materials and $25 in direct labor for each sleeping bag. Variable marketing and selling costs would be $15 each. In order to manufacture these sleeping bags, the company would need to incur $120,000 in fixed costs for new equipment. Required: a. Compute the break-even point of the sleeping bag in units sold. b. What would be the total revenue at the break even point? c. How many units would Ozark need to sell to earn a profit of $21,000? d. If fixed costs in fact are $150,000 rather than $120,000, how many units would need to be sold in order to earn $21,000?
Wheelie Corporation is a calendar year taxpayer. For the past nine years its taxable income has been stable, averaging $2 million per year.
calvo co. reports the following information for 2014 sales revenue 350000 cost of goods sold 250000 operating expenses
Using direct labor-hours as the base for assigning manufacturing overhead cost to products - Determine the unit product cost of one pound of the Kenya Dark coffee and one pound of the Viet Select coffee.
determining charges for private pay residents. shady grove nursing home has 220 private pay residents. the
bradley company has forecasted sales for the month of march for its single product to be 10000 in its columbus region
Ben would like to use an inventory system that minimizes inventory cost and will satisfy 95 percent of his customers who order this wine. a. What is the economic order quantity for Ben to order?
1. Identify four problems with the system and describe how you would remedy each of them
If a customer pays her bill after her account has already been written off, the company receiving the payment should record the account reinstatement with:
The allowance for uncollectible accounts currently has a credit balance of $900. After analyzing the accounts in the accounts receivable subsidiary ledger, the company's management estimates that uncollectible accounts will be $15,000.
After its first month of operation, the following amounts weretaken from the accounting records of Sandcastle Realty Inc. as ofJune 30, 2009. Prepare an income statement for the month ending June 30,2009.
Flying Penguins Corp. has total current assets of $11,845,175, current liabilities of $5,311,020, and a quick ratio of .89. What is its level of inventory?
peartree family restaurant is divided into segments based on location. its orchard street location in the eastern
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