User Account

All Pages

Review problem of the adam corporation

Assignment Help Accounting Basics
Reference no: EM131739837

Question: The Adam corporation sells a single product for $8 per unit. Fixed manufacturing expenses total $14,500 per month and variable manufacturing expenses are $2.50 per unit. Selling and Administrative costs consist of a $1.50 sales commission per unit and $10,000 in depreciation cost. The number of units that must be sold each month to realize a profit of 20% of sales is closest to:

A. 6,125 units

B. 12,250 units

C. 10,208 units

D. 6,282 units

E. none of the above

The answer is C but somehow I can't get that answer or closest to that.

Reference no: EM131739837

Questions Cloud

What is the molecular mechanism of the development : What is the molecular mechanism of the development of ketoacidosis
Find three interesting articles : Find three interesting articles to you and summarize their content based on how the subject
Create the best possible environment for children : By keeping parents informed and encouraging involvement, directors create the best possible environment for children in the center.
What were the immediate results and the long-term results : What were the immediate results and the long-term results? Did the two revolutions fulfill or betray the goals of those who made them?
Review problem of the adam corporation : The Adam corporation sells a single product for $8 per unit. Fixed manufacturing expenses total $14,500 per month and variable manufacturing expenses are $2.50.
Define what are some methodologies of communication : What are some methodologies of communication you would use to develop a shared vision with your stakeholders
Categories for the baldrige national quality award : Describe what you believe to be the most important of the criteria categories for the Baldrige National Quality Award, and indicate what specific things
Discuss social and sociocultural factors on issue : Introduction to the primary care of women, social, and sociocultural factors on issue
Describe moodys role in civil rights movement : Describe Moody's role in civil rights movement. How did her personal experiences with civil rights reflect the broader currents of the movement itself?

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