What the revenues required to achieve a target profit are

Assignment Help Managerial Accounting
Reference no: EM132996355

Question 1: Davis Company sells one product at a price of $40 per unit. Variable expenses are 40 percent of sales, and fixed expenses are $28,000. The revenues required to achieve a target profit of $4,000 are?

Reference no: EM132996355

Questions Cloud

Estimating company sales potential : With India and Mexico's fast-growing middle class, a German retail firm is very interested in expanding to these markets. With a desire for a rapid entry into t
What are the total overhead costs assigned to job : The information is available pertaining to Iris Division that uses a traditional (plantwide). What are the total overhead costs assigned to Job 101?
What is the sales volume required to obtain target after-tax : The information pertains to Marvolo, Inc. What is the sales volume (in units) required to obtain a target AFTER-TAX profit of $120,000?
What gross margin would appear on a traditional income : Wesley's contribution margin income statement, Sales (10,000 units)$150,000. What GROSS MARGIN would appear on a TRADITIONAL income statement?
What the revenues required to achieve a target profit are : Variable expenses are 40 percent of sales, and fixed expenses are $28,000. The revenues required to achieve a target profit of $4,000 are?
How many predetermined overhead rates will have : A company uses traditional costing to allocate overhead. How many predetermined overhead rates will they have, if there are 5 different products
What might happen the relevant range of production : What might happen the relevant range of production? Unit variable costs might increase, as workers are not pressured to work efficiently.
What margin of safety for the company during march was : Actual sales for the month of March 7,000 units. Total fixed expenses 52000 . What the margin of safety (in units) for the company during March was?
What is the estimated average wip level : What would happen to the throughput of the line if we increased the capacity of bottleneck station and held the WIP at its current level?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What are some of the ethical questions

What are some of the ethical questions that you will ask to yourself in light of the fundamental principles of professional code of conduct for accountants

  Calculate zigg ltd funding requirements for working capital

Calculate Zigg Ltd.'s funding requirements for working capital measured in terms of month. Zigg Ltd. Months Average period for which items are held in inventory

  Which all are typical results of value engineering except

Which all are typical results of value engineering except? setting the target cost and then designing the product./ modifications in process methods.

  Find what is the maximum transfer price for xyz division

Find What is the maximum transfer price for XYZ Division? Show calculations. What is the minimum transfer price for MNO Division? Show calculations.

  Find what are the target variable costs per unit per year

Find and Assuming that fixed costs cannot be reduced, what are the target variable costs per unit per year? Assume all units produced are sold.

  Prepare a segmented income statement for Knitline

Common fixed overhead for the factory was estimated to be $45,000. Prepare a segmented income statement for Knitline

  Determine the material quantity variance for March

The standard cost of each ounce of gold used in a ring is $1,020 per ounce. Determine the material quantity variance for March

  What is the unit product cost for the month under absorption

Maga Company, which has only one product, has provided the following data concerning its most recent month of operations.

  How much must sales increase in a month to justify

How much must sales increase in a month to justify this additional? expenditure? L?&M Manufacturing produces a single product.

  Calculate the degree of operating leverage for each company

Calculate the break-even point in dollars and the margin of safety ratio for each company. (Round break-even point to the nearest whole dollar)

  Determine the break-even sales for the past year

For the past year, Chandler Company had fixed costs of $70,000, unit variable costs of $32, Determine the break-even sales for the past year

  What the total labor cost for four units will be

Assuming that the company uses the incremental learning curve method, the total labor cost for 4 units will be closest to

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