What is the amount of sales that will be necessary

Assignment Help Managerial Accounting
Reference no: EM133134811

Question - ABC, Inc. produces a product that has a variable cost of $10.00 per unit. The company's fixed costs are $95,000. The product is sold for $15.00 per unit and the company desires to earn a target profit of $150,000. What is the amount of sales that will be necessary to earn the desired profit?

Reference no: EM133134811

Questions Cloud

How much money have you accumulated for your retirement : You are going to withdraw $52,191 every year at the beginning of the year for the next 23 years starting from today. How much money have you accumulated
Analyzability-core technology and interdependence : Analyzability, core technology, interdependence, joint optimization, lean manufacturing, noncore technology, service technology,
What is the amount of inventory to be reported : A business using the retail method of inventory costing determines that merchandise inventory at retail is $1,235,000. What is the amount of inventory
Describe global business environment : Describe the global business environment that is likely to develop in the next ten years.
What is the amount of sales that will be necessary : ABC, Inc. produces a product that has a variable cost of $10.00 per unit. What is the amount of sales that will be necessary to earn the desired profit
Soma orthopedics experience because of hiring emmanuel : Aside from the translation, what other benefits does SOMA Orthopedics experience because of hiring Emmanuel?
Social media activities to prevent professional conflict : How can you monitor and control your own social media activities to prevent such a professional conflict?
Critical thinking-strategic recommendations : Why was GE considered to be such an exemplary organization? Why is GE's performance no longer superior? Discuss nature of GE's corporate portfolio under Welch
Effective coaching for performance management : How would you ensure the development of a good coaching relationship between yourself and your employee? How would you recognize the uniqueness of the employee?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support 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