What the volume in terms of sales dollar needed

Assignment Help Managerial Accounting
Reference no: EM133037939

Question - The following information is available for Jess Manufacturing:

Unit selling price $60

Direct material $9 per unit

Direct Labour $8 per unit

Variable factory overhead $7 per unit

Variable selling & administrative expenses $6 per unit

Total fixed costs per annum $250,000

What the volume in terms of sales dollar needed to yield a target net profit of $65,000?

A. $525,000

B. $630,000

C. $437,500

D. $403,846

Reference no: EM133037939

Questions Cloud

Explaining the responsibility of paralegal : 1. At settlement, the paralegal is responsible for a host of documents, including mortgage and financing forms. List five examples.
What is the restricted amount : The amount advanced to the capital project fund, due in 3 years, is $100,000. Inventory of Supplies is $10,000. What is the restricted amount
Barriers to open-mindedness among students : According to Papathanasiou, et.al. (2014) critical thinking refers to the mental process of analysis, synthesis, and evaluation of collected information through
How you interacted with the children during the activity : Choose one spontaneous physical activity you have provided. Describe the activity. Include the following in your description: Brief description of the activity
What the volume in terms of sales dollar needed : Variable selling & administrative expenses $6 per unit. What the volume in terms of sales dollar needed to yield a target net profit of $65,000
What is special about an esports event : What is special (from a planning perspective) about an esports event?
Development of capital markets : 1. Why is the legal origin (code vs. common law) related to the development of capital markets and ownership concentration across countries?
CSC372 Optimisation - Swansea University : CSC372 Optimisation Assignment Help and Solution, Swansea University - Assessment Writing Service - Implement the Random Search (RS) method
Discusses negligence in healthcare environment : Prepare a presentation for your hospital's medical team that discusses negligence in the healthcare environment.

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