Dawson manufacturing is currently operating at 85 percent of fixed asset capacity. Current Sales = $1,200,000 Current Fixed Asset Utilization = 85% How much can sales increase before new fixed assets are needed?
Q: General accounting
A: Step 1: Debt Relief CalculationCosmo contributed land with a tax basis of $99,000.The land is…
Q: Question
A: Concept of Contribution MarginContribution margin represents the amount remaining from sales revenue…
Q: Following are selected income statement data from acer and dyson
A: Explanation of Income Statement: The income statement is a financial report that shows a company's…
Q: Hiii tutor give me Answer
A: To get the number of units that have to be sold to achieve the target profit, the following steps…
Q: Financial accounting
A: Step 1: Define LeverageFinancial leverage can be defined as a scenario where a company uses debt in…
Q: A college's food operation has an average meal price of $9.20. Variable costs are $4.35 per meal and…
A: Concept of Selling Price Per UnitSelling price per unit refers to the amount a business charges…
Q: Can you please solve this
A: Variable costing refers to a method of determining the cost of inventories produced wherein the…
Q: Please given answer general accounting
A: Step 1: Define Accounting EquationThe accounting equation is the cornerstone of double-entry…
Q: Kim company plans to sell
A: Concept of Contribution MarginContribution margin is the difference between a product's selling…
Q: Provide accounting question
A: The question requires the determination of the coupon rate for a bond. A coupon rate is the nominal…
Q: Can you help me with accounting questions
A: To determine the number of units completed by Alpine Manufacturing in March 2024, we use the…
Q: July's direct materials efficiency variance is?
A: Explanation of Standard Cost: Standard cost is a predetermined estimate of the expected cost of…
Q: SteelMax produces metal containers that require 2.5 meters of material at $1.20 per meter and 0.3…
A: Explanation of Standard Material Cost: Standard material cost represents the predetermined cost of…
Q: Subject. General accounting
A: 1. Determine the taxable income of the subsidiary:The subsidiary's taxable income is $100 million.…
Q: L.L. Bean operates two factories that produce its popular Bean boots (also known as "duck boots") in…
A: Dr Sales Returns and Allowances ($109): This is a contra-revenue account that reduces total sales…
Q: Total manufacturing costs
A: Explanation of Direct Materials Used:Direct materials used refer to the raw materials that are…
Q: General accounting
A: Step 1: Definition of cash conversion cycleComponents of the cash conversion cycle can be…
Q: Please give me true answer the financial accounting question
A: Step 1: Definition of Cash Conversion Cycle (CCC)The Cash Conversion Cycle (CCC) measures how long a…
Q: What is variable cost per unit?
A: Step 1: Introduction to cost of a productThe cost of a product refers to the total amount of…
Q: Financial Accounting
A: Step 1: Define Return on Equity (ROE)The Return on Equity (ROE) is a financial ratio that measures…
Q: general accounting
A: Step 1:The cost of goods manufactured can be calculated by adding the work in process beginning to…
Q: Please give me correct answer this financial accounting question
A: Step 1:Using the dividend residual policy, first calculate the residual dividend: Residual dividend…
Q: Need. Answer. General Account Subject
A: The question requires the determination of the dividend yield and the capital gains yield.Dividend…
Q: If selling price per unit is $47, variable costs per unit are $26, total fixed costs are $24,000,…
A: Concept of Total Revenue:Total revenue refers to the total money earned by a company from selling…
Q: Expert of general accounting ans
A: Step 1: Definition of Cost of Goods Sold (COGS)For a manufacturing company, the Cost of Goods Sold…
Q: Hello teacher please help me this question solution general accounting
A: Part 1:Calculation of Direct Labor HoursDirect Labor Hours = Direct Labor / Direct Labor Wage Rate…
Q: Gross profit and operating expenses are
A: Explanation of Net Sales:Net sales refer to the total revenue generated from sales after deducting…
Q: Calculate ROA and ROE
A: Image. Explanation.The calculation of Return on Assets (ROA) and Return on Equity (ROE) for Company…
Q: Solve this question is accounting
A: Step 1: Calculation of annual coupon paymentsQuarterly (every 3 months) coupon payment = $30Annual…
Q: Give this question general accounting
A: Step 1: Definition of Manufacturing OverheadManufacturing overhead includes all indirect costs…
Q: What is the total manufacturing cost per unit under the abc system on these general accounting…
A: Step 1: Define Total Manufacturing Cost Under ABC SystemActivity-Based Costing (ABC) is a costing…
Q: In 2014, LL Bean sold 450,000 pairs of boots. At one point in 2014, it had a back order of 100,000.…
A: In 2014, LL Bean had a predicament when demand for its boots overtook supply, resulting in a back…
Q: What was the balance in retained earnings?
A: Explanation of Paid-in Capital: Paid-in capital represents the total amount of money that…
Q: kindly help me with accounting question
A: Step 1: Definition of Stockholders' EquityStockholders' equity represents the owners' claim on a…
Q: Total stockholders's equity
A: Concept of Total Assets:Total assets represent the sum of all resources owned by a company that have…
Q: I need this question answer general Accounting
A: Step 1: DefinitionThe before-tax income is the total income required before applying taxes to ensure…
Q: Market rule?
A: Explanation of FIFO Method:The First-In, First-Out (FIFO) method is an inventory valuation approach…
Q: give this answer
A: Step 1: Definition of the High-Low MethodThe High-Low Method is used to separate mixed costs into…
Q: Provide correct answer general accounting question
A: To calculate Earnings Per Share (EPS) for Beta Corporation, use the formula:EPS = (Net Income −…
Q: How much will the companys Net income increase
A: 1. Variable Costs: Variable costs are 35% of sales. If sales increase by $120,000:Variable Costs…
Q: i want to this question answer of this General accounting question
A: Step 1: Define real rate of return measures the true purchasing power gain from an investment after…
Q: I need answer of this accounting questions solution
A: Step 1: Definition of Labor Rate VarianceLabor rate variance measures the difference between the…
Q: What is the yield on the preferred share on these financial accounting question?
A: Step 1: Definition of Yield on Preferred SharesThe yield on preferred shares is the return that…
Q: general accounting
A: Step 1: Cost of goods manufactured.= total manufacturing costs + work in process, beginning - work…
Q: What is the companys plant-wide overhead rate?
A: Explanation of Plantwide Overhead Rate:The Plantwide Overhead Rate is a method of allocating…
Q: Calculate the return on common stockholders equity of this financial accounting question
A: Step 1: Define Return on Equity (ROE)Return on Equity (ROE) measures a company's profitability in…
Q: Correct answer please
A: Annual Depreciation = Initial cost/Life of projectAnnual Depreciation = 30,000/3Annual Depreciation…
Q: Mav Builders has a beginning retained earnings balance of $310,500. For the year, the company earned…
A: Explanation of Retained Earnings Account: This is a cumulative account that tracks all of a…
Q: Need help this question solution
A: Step 1: Definition of Overapplied or Underapplied OverheadOverapplied overhead occurs when the…
Q: What is its equity multiplier?
A: Here are the calculations:a) Total Asset Turnover (TAT)ROA=Profit Margin×Total Asset TurnoverSolving…
General Accounting Question please answer
Step by step
Solved in 2 steps
- Williamson Industries has $3 million in sales and $2.838 million in fixed assets. Currently, the company's fixed assets are operating at 90% of capacity. a. What level of sales could Williamson Industries have obtained if it had been operating at full capacity? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest cent. 2$ b. What is Williamson's target fixed assets/sales ratio? Do not round intermediate calculations. Round your answer to two decimal places. % c. If Williamson's sales increase 14%, how large of an increase in fixed assets will the company need to meet its target fixed assets/sales ratio? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest cent.A firm's current capacity utilization is 80%. The firm's current net property, plant and equipment is $1,050,000 and is 100% of current sales. What is the projected net property, plant and equipment if the firm's sales grow by 7.5%?Ausel's Cabinets has $27,600 in net fixed assets and is operating at 96 percent of capacity. Sales are $36,200 currently. What is the required increase in fixed assets if sales are projected to increase by 14 percent? Multiple Choice$2,605 $6,833 $4,205 $3,400, $0
- Blue Sky Mfg., Inc., is currently operating at 90 percent of fixed asset capacity. Current sales are $712,000 and sales are projected to grow to $930,000. The current fixed assets are $686,000. How much in new fixed assets is required to support this growth in salesEarleton Manufacturing Company has $3 billion in sales and $661,000,000 in fixed assets. Currently, the company's fixed assets are operating at 80% of capacity. a. What level of sales could Earleton have obtained if it had been operating at full capacity? Write out your answers completely. For example, 13 million should be entered as 13,000,000. Round your answer to the nearest dollar.$ ____ b. What is Earleton's target fixed assets/sales ratio? Do not round intermediate calculations. Round your answer to two decimal places. % ____ c. If Earleton's sales increase 30%, how large of an increase in fixed assets will the company need to meet its target fixed assets/sales ratio? Write out your answer completely. Do not round intermediate calculations. Round your answer to the nearest dollar.$ ____Earleton Manufacturing Company has $3 billion in sales and$787,500,000 in fixed assets. Currently, the company’s fixed assets are operating at 80% ofcapacity.a. What level of sales could Earleton have obtained if it had been operating at fullcapacity?b. What is Earleton’s target fixed assets/sales ratio?c. If Earleton’s sales increase 30%, how large of an increase in fixed assets will thecompany need to meet its target fixed assets/sales ratio?
- Buzzy Manufacturing Company has P2 billion in sales and P0.6 billion in fixed assets. Currently, the company’s fixed assets are operating at 80% of capacity. What level of sales could Buzzy have obtained if it have been operating at full capacity? What is Buzzy’s target fixed assets to sales ratio? If Buzzy’s sales increased by 30%, how large is the increase in fixed assets will the company need to meet its target fixed assets to sales?Database Systems is considering expansion into a new product line. Assets to support expansion will cost $740,000. It is estimated that Database can generate $1,910,000 in annual sales, with a 4 percent profit margin. What would net income and return on assets (investment) be for the year?Williamson Industries has $7 billion in sales and $1.944 billion in fixedassets. Currently, the company’s fixed assets are operating at 90% of capacity.a. What level of sales could Williamson Industries have obtained if it had been operatingat full capacity?b. What is Williamson’s target fixed assets/sales ratio?c. If Williamson’s sales increase 15%, how large of an increase in fixed assets will thecompany need to meet its target fixed assets/sales ratio?
- Walden Industries is considering investing in production−management software that costs $620,000, has $60,000 residual value, and leads to cost savings of $2,310,000 per year over its five−year life. Calculate the average amount invested in the asset that should be used for calculating the accounting rate of return. A. $340,000 B. $60,000 C. $680,000 D. $620,000Database Systems is considering expansion into a new product line. Assets to support expansion will cost $890,000. It is estimated that Database can generate $1,860,000 in annual sales, with an 13 percent profit margin. What would net income and return on assets (investment) be for the year? (Input your return on assets answer as a percent rounded to 2 decimal places.) Net Income Return on assets 96muka
