Centex, a producer of telephone systems for small businesses, has current sales of $43 million and variable operating costs of $27.95 million. Centex expects to increase sales in the coming year by 15% while keeping fixed operating costs constant at $9.1 million. What is the DOL for Centex? a. 2.11 b. 3.31 c. 1.0 d. none
Q: Get Correct general account answer
A: To calculate Logan Company's equity at the end of the year, we use the accounting equation:…
Q: Provide correct answer general accounting
A: Step 1: Bank Discount Maturity value = 18,500Time = 200 daysAnnual interest rate = 5.4%Assuming…
Q: I won't to this question answer financial Accounting question
A: To calculate the interest rate (rate of return) advertised by the bank, we use the formula for the…
Q: What is the allocated rate, weight bas per the cups, tablecloths, and bottles?
A: Step 1: Define Drivers of Manufacturing Overhead CostsOverhead expenses are those expenses which are…
Q: General Accounting Question need help
A: Step 1: Define Selling Price with MarkupThe selling price with markup refers to the price at which a…
Q: 5 PTS
A: Concept of Direct MaterialsDirect materials are the raw materials that can be directly identified…
Q: Need help with this financial accounting question
A: Step 1: Define Salvage ValueThe salvage value of an asset refers to the net proceeds from the sale…
Q: 10 marks Question
A: Explanation of Common Stock:Common stock represents basic ownership shares in a corporation that…
Q: General Accounting question
A: Step 1: Define Cumulative Preferred SharesCumulative preferred shares refer to the preferred shares…
Q: How much overhead is applied to work in process?
A: Step 1: Define Applied OverheadAccountants estimate applied overhead to prepare businesses regarding…
Q: I want to this question answer general Accounting
A: To calculate Reilly's required rate of return on equity after the acquisition, we need to follow…
Q: Please tutor give me answer of this financial accounting problem
A: Explanation of Debt Raised:Debt raised refers to the amount of money a company borrows to finance…
Q: Please given correct answer general accounting
A: Step 1: Define Effect of Net Income on the Accounting Equation:The main objective of every business…
Q: Answer? ? Ganeral Accounting question
A: Step 1: Define Capital Gain YieldThe excess amount realized is capital gain yield whenever an item…
Q: Kindly help me with general accounting question
A: Step 1: Define Net IncomeNet income is reported on the income statement and shows the amount a…
Q: Do fast answer of this general accounting question
A: Step 1: Define Inventory Turnover RatioThe inventory turnover ratio measures how efficiently a…
Q: General Accounting
A: The equity premium is calculated as the difference between the stock market return and a baseline…
Q: Need cost account solution
A: Cost of Merchandise SoldThe Cost of Merchandise Sold (CMS) refers to the total cost of inventory…
Q: general account ?
A: Calculation of Conversion Cost Per Equivalent UnitUsing the weighted-average method, the conversion…
Q: What is the implied interest rate the investor will earn on the security of this financial…
A: Step 1: Define Annual Rate Of ReturnAn annual rate of return on investment is its geometric rate of…
Q: Owners' equity at the end of the start of the period is 35,000 and net income for the period is…
A: Step 1: Information givenBeginning owners' equity = $35,000Net income = $30,000Additional…
Q: Madrid Co. has a direct labor standard of 6 hours per unit of output. Each employee has a standard…
A: Explanation of Direct Labor Efficiency Variance:Direct Labor Efficiency Variance measures the…
Q: The company's degree of opereting leverage?
A: Detailed explanation:The degree of operating leverage (DOL) is a critical financial metric that…
Q: General Accounting: Munoz Medical Clinic has budgeted the following cash flows: Cash receipts -…
A: Detailed explanation:Cash Balance on January 1 $ 14,000Add : Budgeted Cash Receipts…
Q: I don't need ai answer given answer accounting questions
A: Step 1: Definition of Lower of Cost or Market (LCM)The Lower of Cost or Market (LCM) method requires…
Q: Hello tutor please given correct answer general Accounting
A: Step 1: Compute the contribution margin per unit by subtracting variable costs per unit…
Q: I want to correct answer general accounting question
A: Under Section 351 of the tax code, when you transfer property to a corporation in exchange for its…
Q: Subject - financial account
A: To estimate the variable cost per unit using the high-low method, we need to analyze the cost…
Q: Please provide this question solution general accounting
A: 1. Total manufacturing cost for Job A-200:Direct materials cost: $270 (given)Direct labor cost: $55…
Q: A manufacturer reports the following information on rits product. Solve this question general…
A: Step 1: Define Absorption CostingIn managerial accounting, the product cost can be estimated using…
Q: Calculate the amount of gross profit?
A: Step 1: Define Gross ProfitGross profit is a line item on the multistep income statement. It is used…
Q: Please provide this question solution general accounting
A: Step 1: Define Standard CostingStandard costing refers to the comparison of standard and actual…
Q: Veer Trucking raised $280 million in new debt and used this to buy back stock. After the recap,…
A: To determine the number of shares remaining after the recapitalization (recap), we need to calculate…
Q: Financial Account
A: When using variable costing, we want to figure out how much profit we make on each item we sell…
Q: Provide correct solution for this general accounting question
A: Step 1: Define Direct Manufacturing Labor VariancesDirect manufacturing labor variances are tools…
Q: Financial Accounting Problem: Assume that Complex Co. had credit sales of $536,000 and cost of goods…
A: Concept of Credit Sales:Credit sales are sales transactions where the customer purchases goods or…
Q: Hi teacher please help me this question general accounting
A: Detailed explanation:Given : Estimated manufacturing overhead $283,400Actual direct labor hours,…
Q: Sydney Group reports a net income of $50,000 for 2019. At the beginning of 2019, Sydney Group had…
A: Explanation of Return on Assets (ROA):Return on Assets (ROA) is a profitability ratio that measures…
Q: General Accounting question
A: Step 1: Define Stock InvestmentsAn investor can invest in securities of three classifications:…
Q: Please help me
A: The company provided the cost per unit using variable costing, which is $3,175/unit. This cost…
Q: sort answer for this general account
A: The correct answer is d. 501(c)(7).Here's a detailed explanation of why this is the correct choice:…
Q: What was kennedys net income for the year? General accounting
A: Step 1: Key DefinitionsNet Income: The profit earned during the year, calculated as:…
Q: Get correct answer general accounting question
A: Purchase price of bonds = $9,500Par value of bonds = $12,000Coupon rate = 9%Sale price of bonds =…
Q: What is the firm's cost of equity on these financial accounting question?
A: As per CAPM, Market Risk Premium = Market Rate-Risk free rate7.5% = 10.6%-Risk free rateRisk free…
Q: Madrid Co. has a direct labor standard of 6 hours per unit of output. Each employee has a standard…
A: Detailed explanation:Given :Standard Hours, 6 hours per unitStandard Wage Rate, $ 13.80 per…
Q: Determine the missing amount: Assets == Liabilities + Owner's Equity. $895000 + $354000 =
A: Explanation of Assets: Assets are economic resources owned by a business that are expected to…
Q: solution want from general account tutor
A: Step 1: Calculation of cost under low level of productionLow level of production = 10,000 unitsCost…
Q: Accounting question
A: Step 1: Given Value for Calculation Old Levered Beta = olb = 1.4Old Debt = od = 30%Old Interest Rate…
Q: What is the amount of net pay for the employee for the month of January?
A: Step 1: Define PayrollPayroll is the process of tallying employee hours and determining the pay for…
Q: Don't wrong answer
A: Explanation of Days in Inventory:Days in inventory measures the average number of days a company…
Not use ai please given answer financial accounting
Step by step
Solved in 2 steps
- Please provide correct solution for this questionQuantitative ProblemsSuppose QuickCharge Corporation manufactures phone chargers. They sell their chargers for $20. Their fixed operating costs are $100,000 and their variable operating costs are $10 per charger. Currently they are selling 30,000 chargers per year.What is QuickCharge’s EBIT (earnings before interest and taxes) at current sales of 30,000?What is QuickCharge’s breakeven point?Calculate the EBIT if QuickCharge’s sales increase 50% to 45,000 chargers. What is the percent of change in EBIT under this increase in sales? Also, calculate the EBIT if the company's sales decrease 50% to 15,000 chargers. What is the percent of change in EBIT under this decrease in sales?What is QuickCharge’s degree of operating leverage? Based on your computation, what does its operating leverage say about QuickCharge’s business risk?The StayDry Umbrella Corporation will have an EBIT of $100,000 if there is a normal amount of rain this year. But if there is a drought, they will have an EBIT of…Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Sales price $ 438.00 per unit Variable costs 198.00 per unit Fixed costs 680,000 per year Assume that the projected number of units sold for the year is 4,150. Consider requirements (b), (c), and (d) independently of each other. Required: What will the operating profit be? What is the impact on operating profit if the sales price decreases by 20 percent? Increases by 10 percent? What is the impact on operating profit if variable costs per unit decrease by 10 percent? Increase by 20 percent? Suppose that fixed costs for the year are 20 percent lower than projected, and variable costs per unit are 10 percent higher than projected. What impact will these cost changes have on operating profit for the year? Will profit go up? Down? By how much? omplete this question by entering your answers in the tabs below. Required A Required B…
- Need answer the question[The following information applies to the questions displayed below.] Charlevoix Cases makes mobile phone cases. The company has collected the following price and cost characteristics: Sales price Variable costs Fixed costs $ 12.00 per case 5.50 per case 391,950 per year Assume that the company plans to sell 75,300 units annually. Consider requirements (b), (c), and (d) independently of each other. Required: a. What will be the operating profit? b. What is the impact on operating profit if the sales price decreases by 20 percent? Increases by 10 percent? Note: Do not round intermediate calculations. c. What is the impact on operating profit if variable costs per unit decrease by 20 percent? Increase by 10 percent? Note: Do not round intermediate calculations. d. Suppose that fixed costs for the year are 20 percent lower than projected and variable costs per unit are 20 percent higher tha projected. What impact will these cost changes have on operating profit for the year? Will profit…Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Sales price $ 433.00 per unit Variable costs 193.00 per unit Fixed costs 645,000 per year Assume that the projected number of units sold for the year is 3,900. Consider requirements (b), (c), and (d) independently of each other. Questions: What will the operating profit be? What is the impact on operating profit if the sales price decreases by 20 percent? Increases by 10 percent? What is the impact on operating profit if variable costs per unit decrease by 10 percent? Increase by 20 percent? Suppose that fixed costs for the year are 20 percent lower than projected, and variable costs per unit are 10 percent higher than projected. What impact will these cost changes have on operating profit for the year? Will profit go up? Down? By how much?
- Don't want ai answer to this financial accounting questionAssume a company is considering adding a new product. The expected cost and revenue data for this product are as follows: Annual sales 5,000 units Unit selling price $ 60 Unit variable costs: Production $ 33 Selling $ 6 Incremental fixed costs per year: Production $ 34,500 Selling $ 45,000 If the company adds the new product, it expects the contribution margin of other product lines to drop by $15,300 per year. What is the financial advantage (disadvantage) of adding the new product? Multiple Choice $40,800 $10,200 $89,700 $25,500Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Sales price $ 450.00 per unit Variable costs 210.00 per unit Fixed costs 764,000 per year Assume that the projected number of units sold for the year is 4,750. Consider requirements (b), (c), and (d) independently of each other. What will the operating profit be? What is the impact on operating profit if the sales price decreases by 20 percent? Increases by 10 percent? What is the impact on operating profit if variable costs per unit decrease by 10 percent? Increase by 20 percent? Suppose that fixed costs for the year are 20 percent lower than projected, and variable costs per unit are 10 percent higher than projected. What impact will these cost changes have on operating profit for the year? Will profit go up? Down? By how much?