Kendrick Enterprises wants to sell a sufficient quantity of products to earn a profit of $75,000. If the unit sales price is $12, unit variable cost is $9, and total fixed costs are $140,000, how many units must be sold to earn an income of $75,000?
Q: Accounting problem with correct solution
A: Step 1: Definition of Return on Investment (ROI)Return on Investment (ROI) measures how efficiently…
Q: Can you please answer the financial accounting question?
A: Step 1: Definition of Earnings Per Share (EPS)Earnings Per Share (EPS) is a financial metric that…
Q: The veriable cost per unit
A: Explanation of Fixed Costs:Fixed costs are business expenses that remain constant regardless of…
Q: What is the correct option? General accounting question
A: Approach to solving the question: For better clarity of the solution, I have attached the Excel…
Q: Summit Beverages purchased a delivery truck for $90,000. The company estimates a 5-year useful life…
A: Step 1:Depreciation:-Depreciation is decrease in the value of assets. As per going concern when…
Q: Need answer
A: Approach to solving the question:19 Step 1: DefinitionsConcept of FIFO (First-In, First-Out)…
Q: ??
A: The Labor Quantity Variance (LQV) measures the difference between the standard hours allowed for the…
Q: Don't Want Ai Answer
A: Step 1: Introduction to cost of a productThe cost of a product refers to the total amount of…
Q: Knight Enterprises has a net income of
A: Calculation of Average Total AssetsROI = Net Income / Average Total Assetsor, 20% = $85,000 /…
Q: General accounting
A: Step 1: Definition of Gross Profit MarginGross Profit Margin measures the percentage of revenue that…
Q: How much raw materials were transferred
A: Explanation of Raw Materials Transferred to Production:Raw materials transferred to production refer…
Q: The monthly cost (in dollars) of a data plan for Mercury Communications is a linear function of the…
A: We are given a linear relationship between the monthly cost C(x) and the data usage x in gigabytes.…
Q: Velocity Enterprises recorded the following sales data please answer the financial accounting…
A: Step 1: Definition of Percentage IncreasePercentage increase measures the rate of growth in a value…
Q: Zanzibar Limited entered into a lease agreement on July 1 2016 to lease somehighly customized…
A: Part A: Nature of the LeaseTo determine the nature of the lease, we need to evaluate whether this is…
Q: Hello tutor solve this question with accounting
A: Step 1: Calculation of Gross ProfitGross Profit = Sales Revenue × Gross Profit MarginGross Profit =…
Q: can you help me with
A: Step 1: Definition of Asset Turnover RatioThe asset turnover ratio measures how efficiently a…
Q: In the month of March, Horizon Textiles Ltd. had 7,500 units in beginning work in process that were…
A: Approach to solving the question: Below I have provided step by step calculation for the equivalent…
Q: Determine the dividend yield of these financial accounting question
A: Dividend yield = Dividend per share/ Share price Dividend yield = 4.75/95 Dividend yield = 5.0%
Q: If you give me wrong answer this financial accounting question I will give you unhelpful rate
A: Step 1: Define Expected Return (CAPM Model)The expected return on an asset is the return an investor…
Q: financial accounting 5
A: The contribution margin (CM) is a key financial metric used to analyze how much revenue is left…
Q: correct options is accounting
A: Step 1: Definition of Operating LeverageOperating leverage measures how sensitive a company's…
Q: In which direction did it change?
A: Explanation of Assets:Assets are resources owned by a company that have economic value and can…
Q: A local credit union negotiates the purchase of a one-year interest rate cap with a cap rate of 4.75…
A: Given Data:Cap Rate = 4.75%Actual Interest Rate = 5.65%Notional Principal = $1,500,000Option Cost =…
Q: i need this question answer General accounting
A: Step 1: Definition of Operating Cash Flow (OCF)Operating Cash Flow (OCF) is the amount of cash…
Q: General accounting
A: Step 1: Definition of Applied OverheadApplied overhead is the estimated overhead cost allocated to…
Q: Step by step answer
A: Concept of Accounting EquationThe accounting equation is the foundation of double-entry accounting…
Q: Solve this question and accounting question
A: Step 1: Definition of Gross MarginGross Margin measures the percentage of revenue that exceeds the…
Q: Answer the questions in the attached image
A: The conceptual framework for accounting is a system of interrelated objectives and fundamentals that…
Q: In Carter Manufacturing, total material costs are $42,500, and total conversion costs are $63,800.…
A: Step 1: Definition of Unit CostsUnit costs refer to the cost incurred to produce a single unit of…
Q: Gross profit and operating expenses are?
A: Explanation of Sales: Sales represent the total revenue generated from the company's primary…
Q: Carichem Company produces sanitation products after processing specialized chemicals. The following…
A: EkStep 1:Allocation of Joint Cost : (a) Sales Value at Split-Off Method :Formula:Joint cost…
Q: correct answer financial account
A: Step 1: Definition of Overhead Controllable VarianceOverhead controllable variance is the difference…
Q: please solve this problem accounting
A: Step 1: Definition of Asset Turnover RatioThe asset turnover ratio measures how efficiently a…
Q: need help this questions
A: Step 1: Definition of Gross MarginGross margin represents the difference between sales revenue and…
Q: need true answer of this general accounting question
A: Step 1: Define Accrued Interest PayableAccrued interest payable refers to the interest expense that…
Q: I don't need ai answer general accounting question
A: Multiply the principal amount of the borrowing by the annual interest rate to get the annual…
Q: If your estimate is that Galaxy Electronics is going to sell 6,500 units at $25 per piece and each…
A: Concept of Sales RevenueSales revenue is the total amount of money a company earns from selling its…
Q: Do fast answer of this accounting questions
A: Step 1: Applied overhead is the amount spent on the manufacturing overhead which is assigned to the…
Q: Need help with this question solution general accounting
A: Step 1: Definition of Cost of Goods Manufactured (COGM)Cost of Goods Manufactured (COGM) represents…
Q: General accounting
A: Step 1: Definition of Labor Rate VarianceLabor Rate Variance measures the difference between the…
Q: Silver Spoon, a fine-dining restaurant, began its operations in 2015. Its fixed assets had a book…
A: Provided Data:Book value of fixed assets in 2016 = $950,000No new fixed assets were purchased in…
Q: Please need answer the financial accounting question
A: Step 1: Define Historical Growth RateThe historical growth rate in earnings measures the compound…
Q: expert of account answer
A: Step 1: Definition of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL)…
Q: Please give me correct solution this financial accounting question
A: Step 1: Definition of Net New Stock IssuesNet new stock issues represent the amount of capital a…
Q: can you help me with
A: Manufacturing overhead is assigned to production using an allocation base, such as direct labor…
Q: GreenLeaf Supermarket had the following inventory transactions: Beginning Inventory: 300 units @…
A: Step 1: Definition of Weighted Average Cost MethodThe weighted average cost method assigns an…
Q: Assume that three identical units of merchandise were purchased during October, as follows: Units…
A: Since the sale happened after all the purchases, we just have to divide the cost of goods available…
Q: 00000
A: Using LIFO perpetual, the most recent purchases before the sale are sold first.The May 10 sale of 3…
Q: Triton Manufacturing had a beginning finished goods inventory of $23,500 and an ending finished…
A: Explanation of Cost of Goods Sold (COGS):Cost of Goods Sold (COGS) represents the total direct costs…
Q: financial accounting
A: Step 1: Calculation of Book Value of EquityBook Value of Equity = Total Assets - Total…
How many units must be sold ?


Step by step
Solved in 2 steps

- Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are $15,250. Delta Co.s tax rate is 36% and the company wants to earn $44,000 after taxes. What would be Deltas desired pre-tax income? What would be break-even point in units to reach the income goal of $44,000 after taxes? What would be break-even point in sales dollars to reach the income goal of $44000 after taxes? Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.What amount sales is necessary to earn desired profit??
- Dove, Inc. produces a product that has a variable cost of $6.00 per unit. The company's fixed costs are $60,000. The product is sold for $9.00 per unit and the company desires to earn a target profit of $30,000. What is the amount of sales that will be necessary to earn the desired profit?need answer this questionDaisy Inc., wants to make a profit of $25,000. It has variable costs of $80 per unit and fixed costs of $15,000. How much must it charge per unit if 4,000 units are sold? Answer this QuestionDaisy Inc., wants to make a profit of $25,000. It has variable costs of $80 per unit and fixed costs of $15,000. How much must it charge per unit if 4,000 units are sold? Need solution
- Daisy Inc., wants to make a profit of $25,000. It has variable costs of $80 per unit and fixed costs of $15,000. How much must it charge per unit if 4,000 units are sold? QuestionPeak performance Inc. Has the following data for its product: please answer the accounting questionDaisy Inc., wants to make a profit of $25,000. It has variable costs of $80 per unit and fixed costs of $15,000. How much must it charge per unit if 4,000 units are sold? ?!
- The smith company management would like to know the total sales units that are required for the company to earn a profit of $ 150000. The following data are available. The unit selling price of $50, variable cost per unit $25. Total fixed cost of $ 500000. Find Profit in order for the Manufacturer to break even. How many units must be sold in order for the Manufacturer to break even?Sheffield Corp. wants to sell a sufficient quantity of products to earn a profit of $250000. If the unit sales price is $10, unit variable cost is $8, and total fixed costs are $200000, how many units must be sold to earn income of $250000? 2250000 units 100000 units 225000 units 56250 unitsBloom Enterprises has fixed costs of $825,400. The selling price per unit is $210, and the variable cost per unit is $120. How many units must the company sell in order to earn a profit of $190,000?help