User Account

All Pages

What should xyz sports charge for the tickets

Assignment Help Managerial Accounting
Reference no: EM132602926

Question 1: XYZ Sports is planning upcoming ticket sales and has some control over the pricing. They'd like a 10% return on their $20 million in assets. They have fixed costs of $10,000,000, variable costs per fan of $12, and they expect 500,000 fans this season. Using cost-plus pricing, what should XYZ Sports charge for their tickets?

Group of answer choices

Option 1: $36

Option 2: $22

Option 3: $30

Option 4: $13.20

Reference no: EM132602926

Questions Cloud

What were company a direct labor costs : What were Company A's direct labor costs in 2019? Nittany. Inc. makes cornhole boards and had the costs in 2019,Epoxies and paints for boards
Brainstorming and beginning research worksheet : Access and complete the "Brainstorming and Beginning Research" worksheet.
Find how much can variable expenses per unit increase : If? Nittany, Inc. can reduce fixed expenses by? $60,000, How much can variable expenses per unit increase before the company no longer makes profits?
Prepare the necessary journal entries to record transactions : John's purchased merchandise on account for $5,900. Prepare the necessary journal entries to record these transactions
What should xyz sports charge for the tickets : Variable costs per fan of $12, and they expect 500,000 fans this season. Using cost-plus pricing, what should XYZ Sports charge for their tickets?
Leading way for developmentally appropriate practices : One of the many responsibilities of a program administrator includes serving as an instructional leader.
Find what is the net present value of the equipment : Firm B is considering purchasing new equipment, If Firm B requires a 5% rate of return on its investments, what is the net present value (NPV) of the equipment?
What amount should be reported as accumulated depreciation : In the December 31, 2017 statement of financial position, what amount should be reported as accumulated depreciation for the equipment
Find what is the gross profit for the period : What is the gross profit for the period? Mom and Pop Shop provide the information for the period:-Operating expenses. Beginning inventory

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!

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