What would be the operating profit or loss

Assignment Help Financial Accounting
Reference no: EM132950939

Question - The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $72.12. The variable cost per unit is $24.94, Poseidon Swim has average fixed costs per year of $10,830. What would be the operating profit or loss associated with the production and sale of 453 swim trunks?

Reference no: EM132950939

Questions Cloud

Prepare all necessary journal entries for azores : Prepare necessary journal entries for Azores in 2021 and 2022 regarding the notes and interest, including adjusting entries. Prepare separate adjusting entries
Implementing an e-commerce website for a business : What are 5 advantages/benefits of implementing an e-commerce website for a business?
Explain four benefits of jit : Develop three examples that illustrate how Starbucks use JIT (Just in Time manufacturing), and then determine three or four benefits of JIT for that particular
What the investment in joint operation account on may : On May 1, 2021, AAA and BBB formed a joint operation, In the books of BBB, the Investment in Joint Operation account on May 30, 2021 would show a balance of
What would be the operating profit or loss : Poseidon Swim has average fixed costs per year of $10,830. What would be the operating profit or loss associated with the production
Illustrate how starbucks use jit : Develop three examples that illustrate how Starbucks use JIT (Just in Time manufacturing), and then determine three or four benefits of JIT for that Starbucks.
What is the gain or loss on realization for aaa and bbb : After exhausting partnership assets, liabilities of P125,000 remain unpaid. AAA is personally insolvent. The gain or loss on realization is
Discuss a passenger shipping : a. Discuss a Passenger Shipping (Cruse shipping and Ferry). b. Address the following port assigned to a passenger shipping ( cruise shipping and ferry).
Explain percent change in total productivity : Your health clinic increased total sales by 49% and decreased total costs by 27%. What was your percent change in total productivity?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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