contemplating an advertising campaign that will cost $48,000. If sales are expected to increase by $120,000, by how much will the company's net income increase?
Q: Hii, tutor give me Answer
A: To calculate the Gross Profit Ratio, we need to determine the Gross Profit first.Step 1: Calculate…
Q: Can you please give me true answer this financial accounting question?
A: Step 1: Define Absorption CostingUnder absorption costing, all fixed and variable manufacturing…
Q: What is the total fixed cost of the accounting question?
A: Compute variable cost per unit first using the high low method.Variable cost per unit = (Cost of the…
Q: Hello tutor provide solution this accounting question
A: Step 1: Definition of Lower of Cost or Market (LCM) RuleThe Lower of Cost or Market (LCM) Rule is an…
Q: Provide answer
A: Revenue from small boats (20-30ft):Number of slips: 15Base rate: $2,400Revenue: 15 × $2,400 =…
Q: need help this questions
A: Step 1: Definition of Owners' EquityOwners' equity represents the residual interest in a company's…
Q: Hi expert please give me answer general accounting question
A: Calculation of Annual Depreciation Expense Using Straight-Line MethodAnnual Depreciation Expense = (…
Q: Don't want wrong answer to this cost accounting question
A: Step 1: Definition of Base Rate & Revenue CalculationConcept of Base Rate:The base rate is a…
Q: I want to correct answer general accounting question
A: Step 1: Definition of Current AssetsCurrent assets are short-term assets that are expected to be…
Q: х chat gpt - Sea Content Content × CengageNOW × Wallet X…
A: An income statement, also known as a profit and loss statement, is a financial statement that shows…
Q: What is the net income?
A: The formula for Return on Equity (ROE) is:ROE=Net Income/Total Equity Rearranging to solve for Net…
Q: Get correct answer with explanation of this financial accounting question
A: Step 1: Definition of Net Income and Return on Assets (Investment)Net Income is the total profit a…
Q: Need help
A: Step 1: Definition of Overhead Rate as a Percentage of Direct LaborThe overhead rate is a percentage…
Q: provide correct answer
A: Step 1: Definition of Operating LeverageOperating leverage is a financial metric that measures how a…
Q: Answer
A: Explanation of Equivalent Whole Units:The Equivalent Whole Units concept is used in process costing…
Q: Need answer
A: Explanation of High-Low Method:The High-Low Method is a cost estimation technique used to separate…
Q: What was the overapplied or underapplied overhead for the year?
A: Explanation of Predetermined Overhead Rate: The predetermined overhead rate is a calculated…
Q: Please provide answer this accounting question not use ai please don't
A: Step 1: Definition of Prime Cost and Conversion CostPrime Cost: The sum of direct materials and…
Q: What unit sales would be required to earn a target profit of
A: Step 1: Definition of Target Sales Volume in UnitsTarget Sales Volume in Units is the number of…
Q: General accounting question
A: The degree of operating leverage (DOL) measures how sensitive operating income is to changes in…
Q: I want to correct answer general accounting question
A: Step 1: Definition of Lower-of-Cost-or-Market (LCM) ValuationThe lower-of-cost-or-market (LCM) rule…
Q: During September, the assembly department completed 10,500 units of a product that had a standard…
A: Explanation of Materials Price Variance: Materials price variance measures the difference between…
Q: ???
A: Step 1: : Definition of Target Sales in UnitsTarget Sales in Units refers to the number of units a…
Q: Determine the prepaid rent value for builla Enterprises as this is the one
A: Concept of AssetsAssets are resources owned by a business that have economic value and can provide…
Q: Need answer
A: Explanation of Contribution Margin: Contribution margin represents the portion of sales revenue that…
Q: Financial accounting
A: Step 1: Define After-Tax ReturnThe After-Tax Return represents the effective yield on an investment…
Q: manufacturing overhead cost for may?
A: Step 1: Definition of Allocated Manufacturing Overhead CostsManufacturing overhead costs are…
Q: give me this question answer
A: Step 1:Under process costing, equivalent units concept is used to calculate cost of process.…
Q: How much is the direct labor cost of the accounting question?
A: Step 1: Define Direct Labor CostDirect labor cost is the expense incurred for wages and salaries…
Q: The owner's equity at the beginning of the period for Vivo Enterprises was $52,000. At the end of…
A: Concept of Owner's EquityOwner's equity represents the owner's financial interest in a business…
Q: Help
A: Explanation of Weighted-Average Method: The weighted-average method is a process costing approach…
Q: General accounting
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) is a financial ratio that…
Q: Company's plantwide overhead rate
A: Step 1: Definition of Plantwide Overhead RateThe plantwide overhead rate is a single overhead rate…
Q: BrightPrints Company plans to sell 12,000 printed posters at $20 each in the upcoming year. The…
A: Step 1: Definitions Variable Product Cost per Unit: The total of all variable costs related to…
Q: The standard cost card for one unit of a T-REX
A: Concept of Standard CostingStandard Costing is a cost accounting method where predetermined costs…
Q: What is its net income
A: Step 1: Calculation of Total Variable CostsTotal Variable Costs = Variable Cost of Goods Sold +…
Q: None
A: Given:Annual dividend per share = 90 cents (or R0.90)After-tax profits for the year = R125,000Number…
Q: Swamy Stationery Inc. budgeted production of 64,000 planners in 2023. Paper is required to produce a…
A: Material requirement for budgeted production = Budgeted production 64,000 planners x 95 square yards…
Q: Calculate falcon Enterprises gross margin ratio
A: The Gross Margin Ratio is also the most significant financial ratio, with its measurement of the…
Q: provide correct answer of this General accounting question
A: Step 1: Definition of After-Tax ReturnAfter-tax return is the actual return an investor earns after…
Q: Sunshine Blender Company sold 7,000 units in October at a sales price of $40 per unit. The variable…
A: 1.To calculate the total contribution margin, find the difference between total sales revenue and…
Q: Can you help me with accounting questions
A: Step 1: Definition of Manufacturing OverheadManufacturing overhead refers to all indirect costs…
Q: Compute the material price variance
A: Explanation of Material Price Variance:The Material Price Variance (MPV) measures the difference…
Q: By-year-end, the firm's overhead was
A: Step 1: Definition of OverheadOverhead refers to the indirect costs incurred in running a business…
Q: NO WRONG ANSWER
A: Step 1:The unamortized premium is reported as liability in the balance sheet, hence added to the…
Q: General Account tutor please find solution
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) is a financial performance ratio…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Gross Profit PercentageGross profit percentage, also known as gross profit…
Q: The amount of Purchases is
A: Step 1: Definition of PurchasesPurchases refer to the total cost of inventory bought during a…
Q: Don't give me incorrect solution
A: Calculate the Interest Rate Difference:Market Interest Rate - Cap Rate = 5.65% - 4.75% = 0.90% (or…
Q: Question 2Anti-Pandemic Pharma Co. Ltd. reports the following information inits income…
A: Step 1: Compute Operating Cash Flow (OCF)The formula for Operating Cash Flow…
Accounting


Step by step
Solved in 2 steps

- How much will the company's net income increase?Net Income?52) Selling price is $30/unit, VC is $21/unit, Fixed costs are $360,000, net income is currently $90,000. We are thinking about running an advertising campaign which will cost $27,000. How many units will you need to sell if you want net income to be $108,000 ?
- 56) Selling price is $50/unit, VC are $36/unit, Fixed costs are $280,000, current net income is $140,000. You are thinking about starting an advertising campaign that will cost and extra $40,000 and instead of leaving the selling price the same, you have decided to increase the price. What should your selling price be per unit if you will sell the same number of units as you are currently selling and you want net income to be $160,000 ?If a company has $1 million to spend on a new strategy and is considering marketdevelopment versus product development, what determining factors would be most important to consider?Hello, Please answer questions and show work
- Groove auto is considering the introduction of a new model of wireless speakers with the following price and cost characteristics.sales price 443.00 per unit.variable cost 203.00 per unit.fixed costs 715,000assume that the projected number of units sold for the year is 4 400.consider requirement b,c,d independent from each other. [a] What will the operating profit be? [b] What is the impact of operating profit if the sales price decreases by twenty percent increases by ten percent? [c] What is the impact on operating profit A veritable cost per unit decrease by ten percent increase by twenty? [d] Suppose that fixed costs for the year are 20% lower. Than projected and bearable costs per unit are 10% higher than projected. What impact will these costs changes have on operating profit for the year Kindly solve b c and dSedgwick Inc. is considering Plan 1 which is estimated to have sales of $40,000 and costs of $15,500. The company currently has sales of $37,000 and costs of $14,000.Compare plans using incremental analysis. If Plan 1 is selected, there would be incremental decreaseincrease in profit by $ .1. What is the value of a loyal customer (VLC) if the customer retention rate is 50 percent? Round your answer to the nearest cent. $ fill in the blank 2 2. What is the value of a loyal customer (VLC) if the customer retention rate increases to 75 percent? Round your answer to the nearest cent. $ fill in the blank 3 3. What is a 1 percent change in market share worth to the manufacturer if it represents 100,000 customers? Round your answers to the nearest dollar. 50 percent customer retention rate case: $ fill in the blank 4 75 percent customer retention rate case: $ fill in the blank 5 4. What do you conclude? If customer retention can be increased from 50 to 75 percent through better value chain performance, the economic payoff is
- A company has a contribution margin ratio of 35%. They are contemplating an advertising campaign that will cost £25,000. If sales increase by £75,000, what will be the impact on the company’s profit? A It will increase by £1,250 B It will decrease by £1,250 C It will increase by £17,500 D It will decrease by £17,500i need the answer quicklyGrove 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?

