Dana's Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette Sales price per rosette $1.60 3.00 Total fixed costs per month 889.00 Suppose Dana's would like to generate a profit of $800. Determine how many rosettes it must sell to achieve this target profit.
Q: I want to correct answer general accounting question
A: Step 1: Definition of Ending InventoryEnding inventory is the merchandise on hand at the end of an…
Q: Chapter 17 Homework 12 1.42 points Saved Help Save & Exit Submit Check my work Exercise 17-11 (Algo)…
A: Step 1:Using a plantwide overhead rate based on 6,250 direct labor hours, compute the total product…
Q: None.
A: Step 1: Define Cash DividendsCash dividends represent the portion of a company's earnings…
Q: Give correct answer this financial accounting question
A: Step 1: Define Cash RatioThe cash ratio is a financial metric that measures a company's ability to…
Q: What would be the net income of this financial accounting question?
A: Step 1: Definition of Net IncomeNet Income is the total profit of a company after all expenses,…
Q: Please provide answer
A: Explanation of Sales:Sales represent the total revenue a division or company earns from selling its…
Q: Garrison Enterprises has a net profit margin of 6%, a total asset turnover of 1.8 times, and a debt…
A: Step 1: Given Value for Calculation Profit Margin = pm = 6%Total Asset Turnover = tat = 1.8…
Q: I need true answer financial accounting question
A: Step 1: Introduction to income statementIncome statement is referred to as the financial statement…
Q: Daisy Inc., wants to make a profit of $25,000. It has variable costs of $80 per unit and fixed costs…
A: Approach to solving the question:Freeform Detailed explanation: Daisy Inc. wants to make a profit of…
Q: Please give me true answer this financial accounting question
A: Step 1: Definition of Required Rate of ReturnThe Required Rate of Return (RRR) is the minimum return…
Q: Garrison Enterprises has a net profit margin of 6%, a total asset turnover of 1.8 times, and a debt…
A: As per DuPont Analysis Equity Multiplier = 1/(1-Debt ratio)Equity Multiplier = 1/(1-30%)Equity…
Q: Plutonium Casting has 30 employees, who are distributed as follows: Design 6 employees Fabrication…
A: First, we need to calculate the total number of employees in the company. This is done by adding the…
Q: What will its net income on these financial accounting question?
A: Step 1: Determine the contribution margin per unitStep 2: Calculate fixed costsStep 3: Calculate…
Q: Need help with this question solution general accounting
A: Step 1: Calculation of markupMarkup is 40% of the selling price.Markup = Selling price × 40%Markup =…
Q: none
A: Step 1: Definition of Cost-Volume-Profit (CVP) AnalysisCost-Volume-Profit (CVP) analysis helps…
Q: Mia Steel started the year with total assets of $325,000 and total liabilities of $174,000. During…
A: Explanation of Total Assets: Total assets represent everything of value that a company owns or has…
Q: account
A: Step-by-Step Solution: Calculating Dollar Return on Investment To determine the dollar return on the…
Q: Mangesh Analytics, Inc. sells earnings forecasts for European securities. Its credit terms are 2/15,…
A: Customers taking the discount:60% of customers pay within 15 days.Customers not taking the…
Q: General accounting question
A: Step 1: Formula Interest = Principal x Annual interest x Time Step 2: Given Principal =…
Q: Don't use ai given answer accounting questions
A: Step-by-Step Solution: Convertible Bond Conversion Value Step 1: Understanding the Given Information…
Q: Financial Accounting Question
A: Step 1: Define Net Operating Profit After Tax (NOPAT)Net Operating Profit After Tax (NOPAT) is a…
Q: Financial Accounting
A: Step 1:First, calculate the predetermined overhead rate: Predetermined overhead rate = Budgeted…
Q: provide correct answer
A: Step 1: Definition of Manufacturing Overhead CostsManufacturing overhead costs include all indirect…
Q: The adjusted cost of goods sold?
A: Step 1: Identify Given DataStep 2: Calculate Unadjusted Cost of Goods Sold (COGS)Step 3: Calculate…
Q: Tikhonova Solutions acquired computer equipment at the beginning of the year at a cost of $72,500.…
A: Concept of Equipment Cost: Equipment cost refers to the initial purchase price paid to acquire the…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Net Income Difference Between Absorption and Variable CostingThe difference in…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Net Operating IncomeNet Operating Income (NOI) is the company's profit after…
Q: What is their return on capital employed on these financial accounting question?
A: Step 1: Define Return on Capital Employed (ROCE)Return on Capital Employed (ROCE) is a financial…
Q: Want answer
A:
Q: General Accounting
A: Step 1: Define Equivalent Units of Production (EUP) for Direct MaterialsEquivalent Units of…
Q: Redmond Manufacturing has the following data: direct labor $240,000, direct materials used $195,000,…
A: Concept of Direct Labor: Direct labor represents the wages and benefits paid to workers who are…
Q: Financial accounting question
A: Step 1: Define Conversion PriceThe conversion price is the price at which a convertible bond can be…
Q: Repsola is a drilling company that operates an offshore Oilfield in Feeland. Five years ago, Feeland…
A: Let's prepare the journal entries for Repsola for the years ending December 2023, 2024, and 2025,…
Q: Hii expert please given correct answer general Accounting
A: Step 1: Calculation of Total Variable CostsTotal Variable Costs = Direct Materials + Direct Labor +…
Q: Provide answer this financial accounting question not use chatgpt
A: Step 1: Definition of Equity in Net Income (Complete Equity Method)The equity method is used by a…
Q: Kindly help me with accounting questions
A: Step 1: Information givenOverhead application rate = 145% or 1.45 in decimal formDirect materials…
Q: What is the cost of the land?
A: Explanation of Land Cost:The Land Cost refers to the total amount spent to acquire a piece of land…
Q: Tutor need your help
A: We will determine the required selling price per unit step by step.Given data:Fixed costs =…
Q: Give me correct answer
A: Solution: Determining the Addition to Retained Earnings for 2023 To determine the amount added to…
Q: Please give me true answer this financial accounting question
A: Step 1: Define Cost of Equity CapitalThe cost of equity capital represents the return required by…
Q: Financial Accounting Question
A: Step 1: Definition of Payback PeriodThe payback period is the time required for an investment to…
Q: provide correct answer
A: Step 1: Definition of Cost of Goods Manufactured (COGM)Cost of Goods Manufactured (COGM) represents…
Q: Saddle Industries has sales of $625,400, total equity of $275,000, a net profit margin of 9.25…
A: Concept of Sales:Sales represent the total revenue generated from selling goods or services before…
Q: Provide correct option
A: The incorrect answer are:(a) The return on equity ratio is 1The Return on Equity (ROE) is calculated…
Q: need help this questions
A: Step 1: Definition of Standard Overhead RateThe standard overhead rate is the predetermined overhead…
Q: Need correct answer financial accounting question
A: Step 1: Define Return on Assets (ROA) and Return on Equity (ROE)Return on Assets (ROA): ROA measures…
Q: Please solve this financial accounting issue
A: Step 1: Define Net Operating Loss (NOL) Carry forwardA Net Operating Loss (NOL) Carry forward allows…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Labor VariancesLabor variances measure the difference between actual labor…
Q: What is the net income?
A: Explanation of Revenue: Revenue represents the total amount of money a company earns from selling…
Q: General accounting question
A: Step 1: Determine the Initial InvestmentStep 2: Calculate the Capital GainStep 3: Add Dividends…
ans
Step by step
Solved in 2 steps
- sanjumy work Dana's Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette Sales price per rosette Total fixed costs per month $4 4.00 1100.00 1.80 Required: 1. Suppose Dana's would like to generate a profit of $940. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 890 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 890 rosettes. 4a. Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 712 units. 4b. Prepare a new contribution margin income statement to verify change in dana's profit. Complete this question by entering your answers in the tabs below. es Req 1 Req 2 Req 3 Req 4A Req 4B Prepare a new contribution margin income statement to verify change in dana's profit. (Round your answers to nearest whole number.) Contribution Margin Income…How many ribbon it must be sell to achhive this target profit
- A tree provider to plant nurseries is trying to use customer lifetime value to determine the value of its customers. Two customers are shown below. Use customer lifetime value to determine the importance of each customer. Use a 7 percent discount rate. Avg. Annual Sales Avg. Profit Margin Customer A: Customer B: $26,500 $14,000 Do not round intermediate calculans. Round your answers to the nearest dollar. NPV (Customer A): $ 25% 15% Expected Lifetime 11 years 7 years NPV (Customer B): $ What do you recommend? -Select- is more important.A tree provider to plant nurseries is trying to use customer lifetime value to determine the value of its customers. Two customers are shown below. Use customer lifetime value to determine the importance of each customer. Use an 8 percent discount rate. Avg. Annual Sales Avg. Profit Margin 10% $12,500 $26,000 20% Do not round intermediate calculations. Round your answers to the nearest dollar. NPV (Customer A): $ NPV (Customer B): $ What do you recommend? Customer B ✓ Customer A: Customer B: is more important. Expected Lifetime 5 years 9 yearsHow do I calculate the contribution margin for this problem (E21-21)?
- Marigold Corp.wants to produce and sell a new flavored water. In order to penetrate the market, the product will have to sell at $2 per 12 oz. bottle. The following data has been collected: Annual sales Projected selling and administrative costs Desired profit The target cost per bottle is O $0.16. O $0.20. $0.80. O $0.64. 55000 bottles $8900 $66000Please help me with correct answer thankuStable Paper Delivery has decided to analyze the profitability of five new customers. It buys recycled paper at $12 per case and sells to retail customers at a list price of $14.80 per case. Data pertaining to the five customers are: E (Click the icon to view the data.) Stable Paper Delivery's five activities and their cost drivers are as follows: E (Click the icon to view the activities and cost drivers.) Read the requirements. Requirement 1. Compute the customer-level operating income of each of the five retail Begin by calculating each customer's gross margin. Then calculate the operating incom minus sign for operating losses.) Requirements 1 2 1. Compute the customer-level operating income of each of the five retail customers now being examined (1, 2, 3, 4, and 5). Comment on the results. 2. What insights do managers gain by reporting both the list selling price and the actual selling price for each customer? 3. What factors should managers consider in deciding whether to drop one…