Bramble Corp. manufactures and sells solar chargers for $60 each. Variable costs are $30 per unit, and fixed costs total $120000. How many solar chargers must Bramble sell to earn a net income of $300000? O 10000. O 14000. O 18000. O 16000.
Q: The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a…
A: Relevant CostIn Management accounting the term relevant cost is really matters. The relevant cost is…
Q: Requirements: 1. What is the amount debited to accumulated profits as a result of the declaration…
A: Shareholder's EquityThe amount available for the shareholders in the company is called shareholder's…
Q: Assume that the DPI of a 10-year fund at the end of its 4th year is 1.2x and that, by that time,…
A: The distributions made to investors by private equity funds are determined by total capital…
Q: Net present value-unequal lives Dakota Mining Company has two competing proposals: a diamond core…
A: A sequence of cash flows that happen at various points in time are covered by the net present value.…
Q: Schedule of Cash Collections of Accounts Receivable Furry Friends Supplies Inc., a pet wholesale…
A: It is the process of undertaking plans to spend money. This plan enables the business in advance to…
Q: Lina purchased a new car for use in her business during 2023. The auto was the only business asset…
A: It is depreciation method that provides greater accelerated depreciation in the initial years of…
Q: 1. Compute the direct material, direct labor and variable overhead variances.
A: Direct materials variance refers to the difference between the actual cost incurred for materials…
Q: Give me correct answer with explanation.h
A: The objective of the question is to prepare the revised retained earnings statement for Sunland Inc.…
Q: None
A: Journal Entry :— It is an act of recording transactions in books of account when transaction…
Q: 1. How many of each product should be sold to maximize the total contribution margin? If a product…
A: In the given question machine hours are limited to 160,100 hours per year. Therefore, machine hours…
Q: b. Brent uses the actual cost method. [Assume that no § 179 expensing is claimed and that 200%…
A: The "adjusted basis" describes the initial cost of an asset after depreciation, upgrades, or other…
Q: The following data are given for Stringer Company: Line Item Description Value Budgeted…
A: The objective of the question is to calculate the direct materials quantity variance for Stringer…
Q: Assume that the DPI of a 10-year fund at the end of its 4th year is 1.2x and that, by that time,…
A: Solution:-The question pertains to the calculation of the total amount of distributions made by a…
Q: On December 31, 2023, Berclair Incorporated had 200 million shares of common stock and 3 million…
A: Earnings per share:EPS is the ratio between the net profit and outstanding shares of the company. It…
Q: How much is the total shareholders' equity at year-end?
A: Shareholder’s equity helps investors and other companies in analyzing the growth or financial…
Q: CORIS RA is a government owned enterprise which is legislated to generate its own income which it…
A: The cash flow statement is prepared at the end of the period to know the cash position. It reflects…
Q: During December, Luxury Cruise Lines incurs employee salaries of $3 million. Withholdings in…
A: Payroll accounting is accounting of an employee's total earnings, total tax deductions, employee's…
Q: The following is a record of Splish Company's transactions for Boston Teapots for the month of May…
A: Perpetual Inventory System: Under perpetual inventory system cost of goods sold recorded with each…
Q: None
A: Budget means the expected value for future. Budget is prepared for future and actual value is…
Q: On the first day of its fiscal year, Chin Company issued $20,400,000 of 5-year, 10% bonds to finance…
A: Bonds payable refers to a type of long-term debt that a company or organization issues to borrow…
Q: Shadee Corporation expects to sell 630 sun shades in May and 410 in June. Each shades sells for $14.…
A: The budget is prepared to estimate the requirements for the period. A cash receipts schedule is…
Q: None
A: BOND Bond is a Financial Security which is Generally Issued by the Corporations, Government &…
Q: ed 16,000 common shares of Heller Co. at $16 cash per share. a cash dividend of $1.25 per common…
A: Accounting equation :The accounting equation states that the total assets will equal the sum of…
Q: 9. How much net gain (loss) is reported on Rainy's statement of realization and liquidation? a.…
A: Liquidation is the business process where a business firm ends the business operations either at…
Q: Calculate the missing amounts.
A: Gross amount for any payment period includes the regular earnings and overtime earnings. All payroll…
Q: a. Clem is self-employed, and this year he incurred $525 in expenses for tools and supplies related…
A: "Deductible to AGI" is a term used to describe expenses that are eligible for subtraction from gross…
Q: at is their new margin
A: Margin percentage is calculated by dividing margin amount by sales revenue. Margin amount is the…
Q: Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care…
A: The objective of the question is to calculate the basic and diluted earnings per share (EPS) for…
Q: Ivanhoe Corporation ("Ivanhoe") manufactures equipment with an estimated economic life of 12 years.…
A: Lease:A written agreement where one party who owns the asset or property allows the another party to…
Q: None
A: Under the Periodic method of inventory costing, the inventories are costed at the end of the period…
Q: Acme Company has two divisions: Retail Division and Wholesale Division. The following data are for…
A: The contribution margin is calculated as the difference between the sales and variable cost. The…
Q: Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care…
A: The objective of the question is to calculate the present value of the estimated dismantling and…
Q: Ivanhoe Manufacturing Company employs a job order cost system and keeps perpetual inventory records.…
A: Journal Entry:— It is an act of recording transactions in books of account when transaction…
Q: Businesswire.com reported a shortage of inventory for new and used cars during the pandemic mainly…
A: MACRS stands for Modified Accelerated Cost Recovery System. Depreciation expense refers to a…
Q: Wk4 Assignment: Project # 2 - Individual Instructions: This project requires you to apply the…
A: The sum of money contributed by the business's owners is referred to as shareholders' equity.…
Q: [The following information applies to the questions displayed below.] CommercialServices.com…
A: The objective of the question is to calculate the Return on Investment (ROI) for…
Q: SCC Company reported the following for the current year: Net sales Cost of goods sold Beginning…
A: a. Numerator/Denominator=Inventory turnoverCost of goods sold/Average inventory=Inventory…
Q: Year Beginning Book Value Depreciation Allowance Ending Book Value 1 2 3 4 5 6 7 8
A: MACRS, or the Modified Accelerated Cost Recovery System, is a tax-based depreciation technique. It…
Q: Bonnie and Jake (ages 35 and 36, respectively) are married with no dependents and live together in…
A: Income tax is based on income. Suppose a person has salary income, capital gain income, house rent…
Q: The following is a list of account titles and amounts (in millions) reported at December 30, 2018,…
A: Financial Ratio Analysis is a step ahead of the accounting process after the preparation of the…
Q: The standard costs and actual costs for factory overhead for the manufacture of 2,900units of actual…
A: The objective of the question is to calculate the fixed factory overhead volume variance. The fixed…
Q: Module 8: Assignment 1 Saved Help Save & Exit Submit Jaiety Development strategic investments:…
A: The objective of the question is to prepare an amortization schedule for the Minco Inc. bond for the…
Q: Barbour Corporation, located in Buffalo, New York, is a retailer of high-tech products and is known…
A: Variable cost depends upon the production of goods or services that is increment of sales increases…
Q: Journalize Standard Cost Entries Encinas Company produced 2,300 units that require 6 standard pounds…
A: Account Titles and ExplanationDebitCreditWork in Process$24,150 Direct Materials Quantity…
Q: Question Content Area If sales are $808,000, variable costs are 74% of sales, and operating income…
A: The objective of the question is to calculate the contribution margin ratio given the sales,…
Q: The following data are available for Sellco for the fiscal year ended on January 31, 2023: Sales 840…
A: InventoryInventory is the material available to the company for the process of production and sale.…
Q: Required information [The following information applies to the questions displayed below.] NewTech…
A: DEPRECIATION EXPENSEDepreciation means gradual decrease in value of assets due to normal wear and…
Q: Required information [The following information applies to the questions displayed below] On January…
A: An amortization plan makes a loan's payment schedule clear. The amount of each payment that goes…
Q: 1. The beginning balance for cash and cash equivalents was $85,410 and for restricted cash was…
A: A cash flow statement is one of the financial statements that helps in ascertaining the financial…
Q: Using Excel to Prepare the Financing Activities Section of the Statement of Cash Flows PROBLEM…
A: Statement of cash flows helps to show the cash position of the business for a particular accounting…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- Sunland Company manufactures and sells solar chargers for $50 each. Variable costs are $40 per unit, and fixed costs total $120000. What amount of sales revenue is needed by Sunland to break even? $600000. $192000 O $428571 O $960000.Bonita Industries sells MP3 players for $80 each. Variable costs are $50 per unit, and fixed costs total $120000. How many MP3 players must Bonita sell to earn net income of $300000? 4200. 4000. 14000. 6000.wrt disk company sells its disk for $107 per unit. total fixed cost are $197000 and variable costs are $32 per unit. calculate the number of units to be sold to earn a pretax income of $224500.
- Sunland Company sells MP3 players for $ 50 each. Variable costs are $ 40 per unit, and fixed costs total $ 120000. What sales are needed by Sunland to break even? O $ 600000. O $ 960000. O $ 192000, O $ 428571.LG produce refrigerators for consumer use. Each refrigerator cost LG RO250 and they sell each with RO400. The company pay a fixed cost 300000 every year. They also have a profit target of 40000 after tax and a profit target of 25000 pre-tax. The tax rate for the year is 40%. What will be the sales revenue to breakeven: Select one: O a. RO 600000 O b. RO 300000 O c. RO 800000 O d. RO 400000XYZ manufactures a computer stand. It has fixed costs of $600,000 and each stand sells for $90, with a variable cost of $ 48 per unit. If manufactures sells 13,000 stands, what would be the profit? a. 54000 Loss b. С. 240000 proſil d. 240.000 profit
- Vaughn Manufacturing wants to produce and sell a new lightweight radio. Desired profit per unit is $1.60. The expected unit selling price is $24 based on a volume of 11000 units. What is the total target cost at this sales volume? O $281600 O $264000 $246400 O $17600LG produce refrigerators for consumer use. Each refrigerator cost LG RO250 and they sell each with RO400. The company pay a fixed cost 300000 every year. They also have a profit target of 40000 after tax and a profit target of 25000 pre-tax. The tax rate for the year is 40%. What will be the breakeven point in units: Select one: O a. 5000 units O b. 4000 units O a. 2000 units d. 3000 unitsSamsung manufacturers USB charging cables for mobile devices. It sells these cables to distributors for $2.6000000000 each, while their variable costs are 72e per cable, and they have a fixed cost of $43000 to manufacture the cables. 1. What is the Contribution margin (in dollars)? 2. What is the profit function (without units using x as the number of cables sold)? 3. What is their projected profit or loss next month (in dollars), for which Samsung forecasts sales of 23241 cables? 4. What is the break even volume (without units)? For parts 1, 2, and 3, answer to the nearest cent. For part 4, answer to one decimal place (don't round up to the nearest whole unit). Answer: 1. Contribution margin = 2. Profit function: Profit= 3. Profit or loss = 4. Break even volume =
- Company XYZ produces and sells headphones. The company has total fired costs of $112,000. Each headphone sells for $70 per unit and has variable costs of $50 per unit. Next year XY7 Company wishes to eam an operating income that equals 20% of fixed costs. How many units must be sold to achieve this target income level? (rounded to the nearest numben) Select one: O a 1,120 O b. 5,600 Oc 933 O d. 6,720 O e 4480XYZ manufactures a computer stand. It has fixed costs of $600,000 and each stand sells for $90, with a variable cost of S$ 48 per unit. Determine the sales value that XYZ manufactures will have to reach if it is to make $20,000 profit per period. a. 12,917 b. 14762 C. 11,920 d. 728,000Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are $15,250. Delta Co.s tax rate is 36% and the company wants to earn $44,000 after taxes. What would be Deltas desired pre-tax income? What would be break-even point in units to reach the income goal of $44,000 after taxes? What would be break-even point in sales dollars to reach the income goal of $44000 after taxes? Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.