n 2022, Waterway Industries sold 4000 units at $1100 each. Unit variable costs were $770, and fixe was Waterway's 2022 net income?

Q: Nacho Corporation reported revenues of $120,000, variable costs of $80,000 and a margin of safety of…

A: Fixed cost is the amount of cost which remains fixed irrespective of the changes in the production…

Q: Blossom Company has sales of $1,664,000 for the first quarter of 2022. In making the sales, the…

A: Under CVP income statement, Contribution margin is calculated as (Sales - Variable cost)Net…

Q: Spice Inc.'s unit selling price is $46, the unit variable costs are $31, fixed costs are $106,000,…

A: Values given in the question Unit selling Price = $46 Unit variable cost = $31   Contribution per…

Q: Coronado Industries sells 50000 units for $13 a unit. Fixed costs are $350000 and net income is…

A: Sales is a process wherein one gives the product or service to the other.One buying is the purchaser…

Q: In 2024, Sunland Company had a break-even point of $372,000 based on a unit selling price of $6.00…

A: Variable cost is the cost which changes with the change in the level of production. This cost…

Q: Vaughn Company has fixed costs of $196000 and variable costs are 60% of sales. What is Vaughn…

A: $539000Explanation:To find out Vaughn Company's sales when its operating income equals $19,600, we…

Q: Bonita Industries requires sales of $1500000 to cover its fixed costs of $800000 and to earn net…

A: Income statement is a financial statement that shows profitability, total revenue and total…

Q: During 2019, it cost Sheridan Company $20 per unit to produce part T5. During 2020, it has increased…

A: Make or buy decision is a way to choose between manufacturing the product internally or purchasing…

Q: In 2023, Dolan Distributors had sales of $914,000, fixed costs of $139,200, variable costs of…

A: The objective of the question is to calculate the contribution margin ratio for Dolan Distributors…

Q: In 2021, Blossom Company had a break-even point of $331,700 based on a selling price of $5 per unit…

A: The breakeven point is when a business covers all its costs, where total revenue equals total…

Q: Consider the following Information for the business Harry's Vintage Records. Actuals from the year…

A: The contribution margin is calculated as difference between sales and variable costs. The net income…

Q: Company has sales of $1.573,000 for the first quarter of 2022. In making the sales, the company…

A: CVP analysis is used to identify the changes in costs and volume affect a company's operating…

Q: The following annual information is for Dexter Corporation:   Product A Revenue per unit: $20.00…

A: Formula: Unit contribution margin = Selling price - Variable cost per unit

Q: Marigold’s CVP income statement included sales of 3100 units, a selling price of $100, variable…

A: Net income = Sales - Variable Expenses - Fixed Expenses

Q: The cost and revenue information of India Company for the last year (2022) is provided below: Sales…

A: Hi student Since there are multiple subparts asked, we will answer only first three subparts. CVP…

Q: Tackett Company sel's a single product for $75 each. the variable costs are $45 cach. Total fixed…

A: Formula: Units to be sold to achieve a target profit = ( Fixed cost + target profit ) / Unit…

Q: Blossom Company is considering two alternatives. Alternative A will have revenues or will have…

A: The difference between the revenues and expenses is referred to as net income or net loss. If the…