NDB Company has a factory with fixed costs of $500,000 and a production capacity of 150,000 units annually. Its product sells with a 30% contribution margin. The target profit is $300,000. At full production, what does the selling price per unit need to be? Show your complete solution.
Q: Answer? ? Financial accounting question
A: We will calculate the approximate real rate of return using the following steps:Step 1: Calculate…
Q: Ans
A: Let us determine Earnings Per Share (EPS):Dividend payout ratio = Dividends per share / Earnings per…
Q: What is the contribution margin ?
A: Given:Revenue per inpatient day = $1,000Variable cost = $350Fixed costs = $8 million…
Q: Accounting sum 6 pts
A: Concept of Market Value of EquityThe Market Value of Equity represents the total dollar value of a…
Q: Radiant Glow Enterprises is considering the production of.... please answer the financial accounting…
A: Step 1: Calculation of total variable costTotal variable cost = Number of units × Variable cost per…
Q: Problem related to Accounting
A: Step 1: Calculation of net incomeNet income = Sales × Profit margin ratioNet income = $96 million ×…
Q: Caldwell Industries manufactures a variety of products. Last year, the company's variable costing…
A: Explanation of Variable Costing:Variable costing is a method where only variable manufacturing…
Q: General accounting
A: Step 1: Definition of Predetermined Overhead RateThe Predetermined Overhead Rate (POHR) is used to…
Q: Compute the contribution margin.
A: The contribution margin can be calculated using the following formula: Contribution Margin = Sales…
Q: Tumbling Haven, a gymnastic equipment manufacturer, provided the following information to its…
A: To determine the amount of current liabilities, we use the basic accounting equation: Assets =…
Q: Accounting question
A: Step 1: Define Margin in Variable CostingThe Contribution Margin (CM) is the difference between…
Q: Solve this financial accounting problem
A: Explanation of Capital Gains Percentage: Capital gains percentage represents the profit earned from…
Q: Hello tutor please help me this question
A:
Q: Hii tutor give me Answer
A: Concept of Accounting EquationThe accounting equation is the foundation of double-entry accounting,…
Q: Please question answer general accounting
A: To calculate the annual opportunity cost of a checking account that requires a $500 minimum balance…
Q: What direction did total liabilities change?
A: To calculate the change in total liabilities, we use the basic accounting equation: Assets =…
Q: What was the net income or net loss for the period ?
A: Explanation of Net Income or Net Loss:Net income or net loss represents the financial outcome of a…
Q: What is the projected increase in retained earnings ?? General accounting
A: Step 1: Definition of Retained Earnings IncreaseRetained earnings represent the portion of net…
Q: Opereting cycle? General accounting
A: Step 1: Define Operating CycleThe operating cycle measures the duration needed to complete the three…
Q: Please need answer the general accounting question
A: To determine the full cost of the product for Trellis Manufacturing, we need to include all cost…
Q: What is the historical growth rate in earnings on these financial accounting question?
A: Step 1: Define Annualized Growth RateThe annualized growth rate of a specific variable refers to the…
Q: Please answer me this accounting question
A: Concept of Net IncomeNet Income is the profit a company earns after deducting all expenses,…
Q: What is the projected increase in retained earnings ??
A: KEY CONCEPTS:1. Pretax Profit Margin:- This is the percentage of profit before taxes relative to…
Q: Ans
A: Concept of Variable CostingVariable costing is a method of accounting that includes only variable…
Q: Green Grow Incorporated (GGI) manufactures lawn fertilizer. Because of the product’s very high…
A: Step 1: Determine Total Fixed Manufacturing Overhead Costs: I are given that the total fixed…
Q: Please help me this question solution
A: Present value = Future Value/(1+Interest Rate)^No. of Periods Where,Future Value = 942,800Interest…
Q: General accounting question
A: To calculate the contribution margin ratio, you can use the following formula: Contribution Margin…
Q: Get correct answer this general accounting question
A: To compute the production cost per unit under absorption costing, we need to include all costs —…
Q: What is the realized gain or loss on the slae on these financial accounting question?
A: Step 1: Define Realized Gain or LossThe realized gain or loss on the sale of an asset is the…
Q: Accurate Answer
A: To calculate the total cost of the job, we need to account for both labor and materials, including…
Q: General accounting
A: Step 1: Forecasted sales July = 4,800 unitsAugust = 6,200 unitsSeptember = 7,700 units Step 2:…
Q: Please give true answer this financial accounting question
A: Step 1: Define Dividend Payout RatioThe dividend payout ratio is the ratio of annual dividends…
Q: Need answer general accounting
A: To calculate the gross margin, you use the formula: Gross Margin = Net Sales - Cost of Goods Sold…
Q: Tutor need your advice
A: To calculate the net funding the firm will receive, follow these steps:Step 1: Determine the Price…
Q: Provide answer
A: To calculate Cirque's cost of goods sold (COGS) for the year, we can use the following…
Q: What is perry's forced manufactured overhead budget variance?
A: Step 1: Formula Manufacturing overhead budget variance = Actual fixed costs - Budgeted fixed costs…
Q: During FY 2005 T-REX Manufacturing had total manufacturing costs are $418,000. Their cost of goods…
A: Concept of Total Manufacturing CostsTotal manufacturing costs refer to the sum of all expenses…
Q: How much of the $15,000 of indirect costs will be allocated to the restaurant on these general…
A: Step 1: Define Cost AllocationCost allocation is the process of assigning indirect costs to…
Q: Please solve this question general accounting
A: Step 1: Define LiabilitiesLiabilities refer to the amount owed by a company. The liabilities are…
Q: ??!!
A: Explanation of Profit Margin: Profit margin is a financial metric that shows the percentage of sales…
Q: Silverline Manufacturing planned to use 1.5 yards of fabric per unit, budgeted at $65 a yard.…
A: Explanation of Standard Quantity: Standard quantity represents the predetermined amount of materials…
Q: Financial Accounting Question give true answer
A: The cost of retained earnings is the same as the cost of equity, which can be calculated using the…
Q: Abc
A: KEY CONCEPTS:1. Sustainable Growth Rate (SGR)- This is the maximum rate at which a company can grow…
Q: I need help with accounting question is solution
A: Step 1: Definition of Cost of Goods Manufactured (COGM)The Cost of Goods Manufactured (COGM)…
Q: Need help this question
A: Use the formula for the present value of money:…
Q: General accounting
A: To calculate the return on common stockholders' equity (ROE), we first need to determine the net…
Q: Why does sustainability impact measurement require special approaches? a. Standard measures capture…
A: The correct answer is: C. Long-term environmental effects demand unique valuation methodsSpecial…
Q: Artistic Frames Inc. produces a single product.
A: Explanation of Variable Production Cost:Variable production cost refers to the direct cost incurred…
Q: ??
A: Concept of Accrual Basis AccountingAccrual basis accounting records revenues when they are earned…
Q: Sub. General accounting
A: Step 1: Analysis of information givenAccounts payable = $115Cost of goods sold = $1,014Other…
Need help this question solution
Step by step
Solved in 2 steps
- Please helpOn-the-Go, Inc., produces two models of traveling cases for laptop computers—the Programmer and the Executive. The bags have the following characteristics. Programmer Executive Selling price per bag $ 70 $ 100 Variable cost per bag $ 30 $ 40 Expected sales (bags) per year 8,000 12,000 The total fixed costs per year for the company are $819,000. Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix is the same at the break-even point, compute the break-even point. c. If the product sales mix were to change to nine Programmer-style bags for each Executive-style bag, what would be the new break-even volume for On-the-Go?Clockmaker Ltd. makes a product called wallet. Managers from Clockmaker Ltd. want to achieve a profit of £82, 800. The wallet price equals £82 per unit. Each unit of wallet has a cost of £36 and annual total fixed costs equal £147, 200. Considering this information, which of the following statements is true? O a. To achieve the desired profit, Clockmaker Ltd. needs to sell 5, 000 units of wallet. O b. Clockmaker Ltd. would need to sell more than 3, 200 units of wallet to have positive profits. O c. Contribution per unit equals £46. O d. All the answers are true.
- What is the gross profit margin % ?If the current market price for selling a product at Andrew Materials is $15.50 per unit, and the company wishes to make a 12% profit, what is the target cost? Help meTotal fixed cost of a product is IDR 10,000,000 and variable cost is IDR 50,000 per unit. The sale price is IDR.75,000 per unit . How much products should be produced to get BEP? Prove your answer and make a graphic. ..And If the company need profit IDR 10,000,000. How much is the sales price? Prove your answer.
- Madlock, Inc. sells a product with a contribution margin of $10 per unit. Fixed costs are $1,800 per month. How many units must Madlock sell to break even? Begin by showing the formula and then entering the amounts to calculate the units Madlock must sell to break even. (Abbreviation used: CM = contribution margin. Complete all input fields. Enter a "0" for items with a zero value.) Target profit ) = Fixed costs ▼ + + HH CM per unit TOD Carmen Required sales in unitsWhat is the gross profit margin % ? AccountingDerby Phones is considering the introduction of a new model of headphones with the following price and cost characteristics. Sales price $ 18 per unit Variable costs 7 per unit Fixed costs 27,000 per month Assume that the projected number of units sold for the month is 7,000. Consider requirements (b), (c), and (d) independently of each other. Required: a. What will the operating profit be? b. What is the impact on operating profit if the sales price decreases by 10 percent? Increases by 20 percent? c. What is the impact on operating profit if variable costs per unit decrease by 10 percent? Increase by 20 percent? d. Suppose that fixed costs for the year are 10 percent lower than projected, and variable costs per unit are 10 percent higher than projected. What impact will these cost changes have on operating profit for the year? Will profit go up? Down? By how much?
- Help me this question solutionJasmine Incorporated sells a product for $61 per unit. Variable costs per unit are $31, and monthly fixed costs are $252,000. Answer the following questions: Required: a. What is the breakeven point in units? b. What unit sales would be required to earn a target profit of $162,000 ? c. Assuming Jasmine achieves the level of sales required in part b, what is the margin of safety in sales dollars?Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Sales price $ 438.00 per unit Variable costs 198.00 per unit Fixed costs 680,000 per year Assume that the projected number of units sold for the year is 4,150. Consider requirements (b), (c), and (d) independently of each other. Required: What will the operating profit be? What is the impact on operating profit if the sales price decreases by 20 percent? Increases by 10 percent? What is the impact on operating profit if variable costs per unit decrease by 10 percent? Increase by 20 percent? Suppose that fixed costs for the year are 20 percent lower than projected, and variable costs per unit are 10 percent higher than projected. What impact will these cost changes have on operating profit for the year? Will profit go up? Down? By how much? omplete this question by entering your answers in the tabs below. Required A Required B…