User Account

All Pages

What should be hathaway net operating income in april

Assignment Help Accounting Basics
Reference no: EM131717613

Question - Hathaway Inc. produces and sells golf umbrellas to local resorts. Hathaway anticipates April to be a busy month with the sale of 2,000 umbrellas. The company has prepared the following static budget for April: During April, Hathaway actually produced and sold 2,300 umbrellas. What should be Hathaway's net operating income in April based on a flexible budget?

Sales revenue (2,000 units)

$60,000

Variable costs:

Direct materials

6,000

Direct labor

8,000

Overhead

2,500

Fixed costs

6,000

Net operating income

$37,500

Reference no: EM131717613

Questions Cloud

What are the strengths and weaknesses of the plan : Does the plan include the components of an Emergency Operations Plan? What are the strengths and weaknesses of the plan?
How do the given ethical policies aid the company : How do the ethical policies aid the company? How do they guide behavior of staff of various companies? How strict should company be in applying their policies?
What ways could a researcher manage and organize the data : Qualitative data has been described as voluminous and sometimes overwhelming to the researcher. In what ways could a researcher manage and organize the data?
What are non-professional providing psychological first aid : In what ways might the application of psychological first aid differ for survivors of a natural versus a human-made disaster?
What should be hathaway net operating income in april : Hathaway Inc. produces and sells golf umbrellas to local resorts. What should be Hathaway's net operating income in April based on a flexible budget
Current nursing advocacy policies regarding lgbtq health : Discuss your viewpoint on the current nursing advocacy policies regarding LGBTQ health and what improvements and steps can be taken by advanced practice nurses
Confident that the margin of error of estimate : How large a sample do the buyers need in order to be 95% confident that the margin of error of their estimate is about 5%?
Discuss international ethics standards for business : Discuss International Ethics Standards for Business. Create a chart in a Microsoft Word document comparing the four selected theories.
What should be the total direct materials cost : What should be the total direct materials cost according to Hoppe's flexible budget for December

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