Dilly LLC, wants to make a profit of $30,000. It has variable costs of $99 per unit and fixed costs of $20,000. How much must it charge per unit if 5,000 units are sold? a. $69 b. $99 c. $109 d. $84
Q: Dorothy Koehl recently leased space in the Southside Mall and opened a new business, Koehl's Doll…
A: Detailed explanation: DecemberJanuaryFebruarySales (Collections)$ 170,000$40,000$ 66,000…
Q: General/financial Accounting
A: Explanation of Insurance Premium: Insurance premium is the amount of money paid by an individual or…
Q: Aubergine is a manufacturer of contemporary cases for tablets. The business uses a perpetual…
A: The predetermined manufacturing overhead rate is calculated by dividing the total estimated factory…
Q: MCQ The effective interest method is used to? a) Amortize bond premium or discount b) Calculate tax…
A: Explanation of Effective Interest Method: The effective interest method is a technique used to…
Q: Financial accounting 4.5
A: Explanation of Debt-to-Equity Ratio: The debt-to-equity ratio measures the proportion of a company's…
Q: 2) On December 1, 20X1, Rone Imports, a U.S. company, purchased clocks from Switzerland for 15,000…
A: If you have any clarifications (i.e., expand the explanation) or want different, expanded, or…
Q: Discuss the accounting treatment for investments in debt and equity securities.
A: Accounting Treatment for Investments in Debt and Equity Securities1. Debt SecuritiesDebt securities…
Q: short account answer want
A: determine whether cutting the promotion budget makes sense, we will compare the cost savings from…
Q: General Accounting
A: Step 1: Define Marketable SecuritiesMarketable securities are liquid assets that are equivalent to…
Q: Required information Problem 19-44 (LO 19-2) (Algo) Skip to question [The following information…
A: To solve these questions, let's go through each part and compute the values based on the information…
Q: Provide answer this accounting question
A: Step 1: Define Cash Conversion CycleThe cash conversion cycle looks at the duration of inventory…
Q: Why is it wrong?
A: Hello student! The balance you entered was most likely the balance of Accounts Receivable. The…
Q: At the end of killo co.'s first year of operations,
A: Step 1: Define Absorption CostingAbsorption costing allocates fixed manufacturing overhead costs to…
Q: PPE
A: Explanation of Revaluation Model: The revaluation model is an accounting method that allows…
Q: Dillard Company
A: Explanation of Book Value: Book value represents the net carrying amount of an asset on the…
Q: tell true option
A: a. Taxing authorities - IncorrectFor the sake of tax compliance, taxing authorities (such the IRS)…
Q: Answer
A: Explanation of Days in Accounts Receivable (AR): Days in AR is a key financial metric that measures…
Q: Refer to the Wall street journal article "Under Armor Faces U.S Inquiries" - from Novemver 4, 2019 -…
A: Detailed explanation:The "Fraud Exposure Rectangle" framework helps us understand different fraud…
Q: hsl
A: Step 1: Understand the ScenarioTax legislation passed in 2022Tax rate will decrease to 15% in…
Q: Write a comprehensive research paper on on internal controls and internal auditing. Clearly Defining…
A: Internal control refers to the procedures and policies implemented by an organization to ensure the…
Q: posting in account: need answer asap
A: To calculate the selling price per unit using a 15% markup on the total cost, we need to determine…
Q: None
A: Price-earnings (P/E) ratio helps investors determine the market value of a stock compared with the…
Q: PART 1 (25 marks) Aubergine is a manufacturer of contemporary cases for tablets. The business uses a…
A: Detailed explanation:a. Predetermined Overhead Rate = estimated factory overheads / estimated direct…
Q: Need answer the accounting question
A: Total Debt ratio = Debt/ Total Assets.40 = $400,000/Total AssetsTotal Assets = 400,000/.40 =…
Q: Give true answer this accounting question
A: Step 1: Define Variance AnalysisThe budgeted production is dynamic for small-ticket items with high…
Q: Answer
A: Explanation of Raw Materials Inventory: Raw materials inventory represents the value of unprocessed…
Q: [The following information applies to the questions displayed below] Iguana, Incorporated,…
A: Question 1Given Sales and Collection InformationSales Price per Unit: $25.Sales Collection Split:80%…
Q: Prepare the Statement of Financial Position as at 29 February 2024. INFORMATION The trial balance,…
A: Explained Above
Q: Papa
A: Explanation: In the given case, we are required to calculate net income of the firm by using the…
Q: Solve these general accounting question
A: Step 1: Define Fixed Overhead CostFixed overhead cost is the amount that is incurred on regular…
Q: Hendrix Furniture uses a process cost system to account for its guitar factory. Beginning inventory…
A: Part 1: Weighted average method Note: Cost per unit is rounded to 2 decimal places. Part 2: FIFO…
Q: General Accounting
A: Step 1: Define Price to earnings ratioPrice to earnings ratio or P/E Ratio is a ratio that gives an…
Q: Financial Accounting
A: Step 1: Define Return on EquityThe return on equity ratio is a financial ratio that gives an…
Q: Accounting remort company reports the following cost data for its single product
A: Step 1:- Define Absorption CostingIn the absorption costing, fixed manufacturing overhead, as well…
Q: What is the price earnings ratio on these general accounting question?
A: Step 1: Define Price-Earnings RatioIn the domain of finance, the concept of price-earnings multiple…
Q: Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is…
A: Here's a step-by-step guide on how to solve the given problem using Excel functions like XLOOKUP and…
Q: Which
A: A financial guarantee contract is initially recognized at fair value because it reflects the value…
Q: What is the return on equity on these accounting question?
A: Step 1: Define Profitability RatioProfitability ratios reflect how efficiently a firm utilizes its…
Q: Sabre Company has just completed a physical inventory count at year-end, December 31 of the current…
A: Hope you find the answer useful.
Q: Need answer
A: Step 1: Define Accepting Special OrderIn accepting special orders, the company must consider if…
Q: Want ans
A: Explanation of Activity-Based Costing (ABC):Activity-Based Costing is a method of allocating…
Q: Sandhill Company manufactures toasters. For the first 8 months of 2027, the company reported the…
A: Requirement a:The company is currently operating at 75% of capacity. Therefore, the company has…
Q: Give true answer this accounting question do fast and step by step calculation
A: Step 1:It is given that selling price is calculated by 0.25 margin on total cost . Total cost…
Q: solve this given three prob
A: Step 1: Given Data Sales - $95,000 Total variable cost - $68,400 Contribution margin - $26,600 Total…
Q: l
A: Starting Balance (December 31, 2019)From the 2019 balance sheet:Preferred Stock: $190,000 (1,900…
Q: posted in account
A: Terms:Cost: The price the store pays for the shoes ($46.50).Selling Price: The price the store sells…
Q: Shown below is activity for one of the products of Denver Office Equipment: January 1 balance, 650…
A: Compute the units sold.Jan 12 sales 900.00 Jan 28 sales 790.00 Total units sold 1,690.00…
Q: Can you please solve general accounting question?
A: Step 1: Define Absorption costingAbsorption costing is a mechanism for aggregating and allocating…
Q: Sweet Cole Inc. acquired the following assets in January of 2023. Equipment, estimated useful life,…
A: Step 1:In the Sum of Digits method, depreciation is charged using the sum of digits of the remaining…
Q: Give me accurate steps
A: Step 1: The Flow of Manufacturing CostsIn a manufacturing company, the cost flow involves several…
Step by step
Solved in 2 steps
- Company XYZ is producing and selling 2,500. At this level, the selling price per unit is $10, the variable expenses per ?unit is $6, and fixed expenses are $1,500. How much is the profit $13,500 a O $8,500 .b O $16,000 .c O $11,000 .d O $6,000 .e OCompany XYZ is producing and selling 2,500 . At this level , the selling price per unit is $10, the variable expenses per unit is $3 and fixed expenses are \$1,5 . How much is the profit ? a. $ 6,000 b. $11,000 c. 8,500 d. 16,000 e.13,500I need the answer as soon as possible
- XYZ company sells phones for P22, 500 per unit. The variable cost is P10, 000 per unit. The fixed costs are P37, 500, 000. The company wants to have a profit of P12, 500, 000. How many units do they have to sell to achieve this goal? a.3,000 b.4,000 c.5,000 d.6,000Company XYZ is producing and selling 2,500. At this level, the selling price per unit is $10, the variable expenses per unit is $6, and fixed expenses are $1,500. How much is the profit? а. $6,000 b. $8,500 С. $11,000 d. $16,000 е. $13,500Kelly Company has the following data: Sales Price per unit $590 Variable Cost per unit $413 Total Fixed Costs $10,000 If the owner wants a $20,000 target profit, what would be the amount of sales reversr e tr answer to the nearest dollar.) O $42,857 O $66,667 O $100,000 O $28,571
- Please answer this question. Thank you!Q2. Suppose that Nafitol Company has a fixed cost of ETB 35,000 and VC of ETB 1.75 per unit for its products. Let us further consider that selling price is birr 2.7 per unit. Required: A. Write the revenue and the cost equation of the company B. At what level of production output is the company Break-even? C. What is the amount of the revenue when the company produces 300,000 units? D. If the company plans to earn a profit of 7000, what amount of quantity has to be produced?Mazoon Company's variable costs are 75% of the selling price and its fixed costs are $80,000. To realize profits of ?$20,000 from sales of 60,000 units, using the CVP equation, what would be the selling price per unit $1.66 a O None of the given answers .b O $1.77 .c O $6.67 d O $5.33 .e O
- Y6Give what is being asked?1. If total cost and Expenses is P300,000 at breakeven point how much is the total sales?2. The unit selling price of a product is P20, if the total sales for the month is 5,000 units and this is the breakeven point sales volume.Answer question A-C with yes or no.a. Will there be an income in case 6,000 units were sold?b. Will be there be an income in case 4,000 units were sold?.c. If additional units were sold after selling 5,000 units will there be an income?d. How much is the total cost and expenses if 5,000 units were sold?What is the correct choice? How many total dollars of sales must BAC Company sell to break even if the selling price per unit is $8.50, variable costs are $4.00 per unit, and fixed costs are $9,000? a. $4,000 b. $8,500 c. $9,000 d. $17,000