What is the target variable cost per mouse

Assignment Help Financial Accounting
Reference no: EM132506784

Question 1: A company believes it can sell 5,000,000 of its proposed new optical mouse at a price of $10.50 each. There will be $8,000,000 in fixed costs associated with the mouse. If the company desires to make a profit $2,000,000 on the mouse, what is the target variable cost per mouse?

Reference no: EM132506784

Questions Cloud

Significant amount of freeway traffic in southern california : There is a significant amount of freeway traffic in Southern California. What could or should the government do to alleviate this problem?
Describe a tradeoff you have made in terms of your income : Describe a tradeoff you have made in terms of your income or your time. What choice did you make with your money or time? Why did you make that choice?
What degree is the given type of price discrimination : Make a case that both groups of customers will be satisfied with the deal and that this is a perfectly legal form of pricing in a business-to-customer.
How many miles would have to drive the car : Suppose you drive the truck 11,940 miles per year. How many miles would you have to drive the car before upgrading the car would be the better choice?
What is the target variable cost per mouse : A company believes it can sell 5,000,000, If the company desires to make a profit $2,000,000 on the mouse, what is the target variable cost per mouse?
Find what is the full selling price of a globe with markup : Assuming sales of 1,200 units, what is the full selling price of a globe with a 0.25 markup? Management estimates that the variable cost of the globe.
Depreciation of the canadian currency : (1) Use the IS-LM-FX model to explain why a decline in oil prices might lead to a depreciation of the Canadian currency.
Savings the demand curve for loanable funds : This may be a silly question, but is planned savings the demand curve for loanable funds or is it the supply curve?
Find how much profit troy have if a price is charged : How much profit will Troy have if a price of $45 is charged? Round to two decimal places. Tory Company sells a single product. Troy estimates demand and costs.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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