Question on total fixed cost

Assignment Help Managerial Accounting
Reference no: EM1349575

Borderbooks Company has two locations, downtown and at a suburban mall. During March, the company reported net income of $271,000 and sales of $1.2 million. The contribution margin in the downtown store was $320,000 (40% of sales). The segment margin in the mall store is $200,000. Direct fixed costs are $85,000 in the downtown store and $98,000 in the mall location. Total fixed costs (direct and allocated) total

a)$347,000
b)$164,000
c)$183,000 or
d)$618,000

Reference no: EM1349575

Questions Cloud

What is the minimum stopping distance for the same car : The minimum distance required to stop a car moving at 36.0 mi/h is 48 ft. What is the minimum stopping distance for the same car moving at 70.0 mi/h, assuming same rate of acceleration.
Calculating allocated fixed cost : Urban Athletics Company has two store locations, North and South. During October, the company reported net income of $192,000 on sales of $905,000.
Explain that experience to your classmates : Think about a time in your work personal or school experience where you have held a position that required you to use the Leading function. Explain that experience to your classmates
Illustrate what is the shape of an indifference curve : Illustrate what is the shape of an indifference curve if there are economic bads on both axies.
Question on total fixed cost : Borderbooks Company has two locations, downtown and at a suburban mall. During March, the company reported net income of $271,000 and sales of $1.2 million.
Correlation equavalents causation : Find an article that assumes correlation equals causation and give the APA reference for the article, followed by a brief overview of the issue and of the author's position on the issue.
Assuming the same rate of acceleration : The emissivity of tungsten is 0.350. A tungsten sphere with a radius of 1.19 is suspended within a large evacuated enclosure whose walls are at a temperature of 285.0 . What power input is needed to maintain the sphere at a temperature of 2500.0 i..
Determine the names of all tracks from table : All primary keys are underlined. All foreign keys have same name as primary key that they are referencing. Determine the names of all Tracks which are more than 10 minutes (600,000 ms) long.
Calculate relevant per unit cost and alternative : Lewis Auto Company manufactures a part for use in its production of automobiles. When 10,000 items are produced, the costs per unit are:

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Websites-market segment

Detailed solution outlines market segment which visits candystand.com and describe how to estimate the target audience.

  Allocating joint costs of products

Joint costs should not be allocated to individual products for decision purposes. For what purposes are such costs allocated to products?

  Guidance relating to typical activities

Provide guidance relating to typical activities, examples of cost pools and cost drivers, and the overheads for Housebuilding company like Bovis Homes.

  Cost volume profit analyses

After reviewing its cost structure (variable costs of £7.50 per unit and monthly fixed costs of £60,000) and its potential market, the Forecast Company established what it considered to be a reasonable selling price.

  What are the components of budget

What are the components of a budget? Are they same for every organization? Why or why not? Should every organization forecast its operating budget? Why or why not?

  Cost of manufacturing plant

My company plans to build a new manufacturing facility in 14 years. If my company estimates that today's cost is 543,219,876 and the annual inflation is 5%, how much will be the manufacturing plant cost in 14 years?

  Short answer questions-managerial accounting

What do you see as the major impediments to effective budgeting in organizations? Why? How relevant should allocated costs be in product-costing decisions? Why? What are the major benefits of using transfer pricing in organizations? What are the disa..

  Total costs of a new and acquired business

Fast Delivery Company acquired an adjacent lot to construct a new warehouse, paying $30,000 and giving a short-term note for $270,000.

  Analyze the methods of capital investment appraisal

Question: Analyze the methods of capital investment appraisal , Explain briefly…

  Standard cost and actual cost

Phoenix Manufacturers makes blank computer disks. It takes one-eighth of a pound of direct materials and one minute of direct labor at standard per disk. Direct materials cost $2.60 per pound at standard, and the standard direct labor rate is $6.0..

  Company energy cost behavior

Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y = a + bX, where Y denotes energy cost for a month and X denotes pints of applesauce produced.

  Managerial accounting-factors influencing price

Mobile Battery features more than the dozen brands of batteries in many sizes. Two of the brands are PowerPlus and SuperPower. The following information about two brands was obtained. Selling prices comprise installation costs. Each battery 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