A company has fixed costs of $230,000 and breakeven sales of $1,600,000. Assuming no change in price or cost structure, what isthe projected profit at $2,400,000 sales?(All answers are whole numbers -- unless specified otherwise. You should NOT include the $ sign or a comma. E.g., you should type1000 for one thousand. Negative numbers should be added with a minus sign, e.g., -1000 for a decrease or loss of one thousand.)Projected profit= $ A company had the following operations:beginning balance$36,000$22,500$67,500ending balance$37,500$15,000$91,000InventoriesRaw materials (all direct)Work in processFinished goodsAdditional information:Raw materials purchasedDirect manufacturing labor payroll (DL cost)Direct manufacturing wage rate per hourPredetermined overhead rate per direct labor hour$105,000$75,000$ 12/DLH$16/DLHHow much was the Raleigh's unadjusted cost of goods sold for the period?O $277,500O $372,500O none of the answers listedO $262,500O $237,500

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Blossom Company is considering two alternatives. Alternative A will have revenues of $145,100 and costs of $104,800. Alternative B will have revenues of $184,300 and costs of $121,900. Compare Alternative A to Alternative B showing incremental revenues, costs, and net income. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Alternative A $ 145100 Revenues Costs Net Income 104800 40300 Alternative B Vis better than Alternative A Alternative B Net Income Increase (Decrease) 184300 $ 39200 i 121900 62400 17100 22100
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