What the target sales if after tax income would be

Assignment Help Managerial Accounting
Reference no: EM133004065

Problem 1: Merchandisers, Inc. sells Product O to retailers for P200. The unit variable cost is P40 with a selling commission of 10%. Fixed manufacturing costs total P1,000,000 per month while fixed selling and administrative costs total P420,000. The income tax rate is 30%. The target sales if after tax income is P123,200 would be?

a. 10,950 units.
b. 11,400 units.
c. 13,750 units.
d. 15,640 units

Reference no: EM133004065

Questions Cloud

What is the amount of the earnings per share : A firm has earnings before taxes of $128 million and taxes of $39 million. The company pays $12 million in preferred dividends and $31 million in common dividen
What the company currently earns a total contribution margin : The product has variable costs of $4 per unit and fixed costs of $50,000. What the company currently earns a total contribution margin of
Calculate the amount that emily should deposit : Emily figures she needs $650,000 in her 401(k) account to retire comfortably 32 years from now. She realizes that it is not $650,000 actual dollars that she wan
Compare the expected behaviors : A client is prescribed paroxetine. List an adverse effects of this medication that should priority action by the nurse.
What the target sales if after tax income would be : What the target sales if after tax income is P123,200 would be? Merchandisers, Inc. sells Product O to retailers for P200. The unit variable cost is P40.
Calulating the unit transfer price : Nintendo Japan sells 7,000 Switch console parts to its Malaysian subsidiary monthly at a transfer price of RM34,000 per unit. Suppose that the transfer price ca
Retained earnings on balance sheet : Pharoah Construction Company earned $404,000 during the year ended June 30, 2017. After paying out $225,794 in dividends, the balance went into retained earning
How many units of product a would have to be sold in july : Assume that Lindsay increases the selling price of Product.How many units of Product A would have to be sold in July to generate an operating income of $20,000?
What is the accumulated sum : 1.If you deposit $3,000 in a bank account that pays interest of 3.5%, compounded annually, how much will you have in the account after 9 years? Round to 2 decim

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