Brookfield Manufacturing made a $275,000 investment in new machinery. Assuming the company's margin is 8%, what income will be earned if the investment generates $540,000 in additional sales?
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- Tinsley Plastics manufactures plastic bottles used for beverages and household cleaners. The average net book value (NBV) of assets during the quarter is estimated as $500,000. If the required rateof return is 10% on average assets and the firm wants to have residual income (RI) of $100,000 forthis quarter, what must its profits be?What must the selling price per unit of this financial accounting question?Sunrise Company sells 3, 650 frying pans per year. The owner has invested $80, 000 in the business and desires an 8% return on his investment (ROI = Net Income Investments). Product Costs VC $4.5 per pan FC $78,000 per year Selling and Administrative Costs VC $3.00 per pan FC $15,000 per year If Sunrise uses the income statement bottom-up forecasting to estimate revenue and absorption cost-based pricing, what is its selling price and markup percentage? A. 5.32% and $34.73 B. 34.25% and $34.73 C. 27.48% and $32.98 D. 363% and $34.73
- The Boron Company will produce 2,500 boxes of batteries next year. Variable costs is 60% of sales, while fixed costs will total P80,000 on which half is attributable to manufacturing and the rest to financing cost. What is the sales price of the per box of batteries if Boron Company wants to achieve a degree of operating leverage of 1.67 and an earnings before taxes equal to half the amount of interest expense? 100 250 150 200Amalgamated Fenderdenter’s sales are $10 million. The company spends $3.5 millionfor purchase of direct materials and $2.5 million for direct labor; overhead is $3.5 millionand profit is $500,000. Direct labor and direct material vary directly with sales, butoverhead does not. The company wants to double its profit.a. By how much should the firm increase annual sales?b. By how much should the firm decrease material costs?c. By how much should the firm decrease labor cost?Price Corporation is considering selling to a group of new customers and creating new annual sales of $240,000. 3% will be uncollectible. The collection cost on all accounts is 6% of new sales, the cost of producing and selling is 83% of sales, and the firm is in the 22% tax bracket. What is the profit on new sales?