NDB Company has a factory with fixed costs of $650,000 and a production capacity of 225,000 units annually. Its product sells with a 36% contribution. margin. The target profit is $470,000. At full production, what does the selling price per unit need to be? Show your complete solution.
Q: What is the cash conversion cycle of this financial accounting question?
A: Step 1: Define Cash Conversion Cycle (CCC)The cash conversion cycle is a metric that calculates the…
Q: I want to correct answer general accounting question
A: Only the 395 million out of the 420 million salaries expense are paid. This means the difference is…
Q: please see an attachment for details of general accounting
A: Step 1: Define Sales and Sales TaxSales tax is a percentage charged on goods and services sold.…
Q: Financial Accounting problem
A: Concept of Return on Equity (ROE)Return on Equity (ROE) measures a company's profitability in…
Q: Get correct answer general accounting question
A: To determine the finance charge on Michael's loan, we first need to calculate the total amount he…
Q: Ans ? Financial accounting question
A: We are given the following Initial Investment: $6,300Dividends Received: $375Selling Price: $9,800To…
Q: Need correct answer general Accounting question
A: Step 1: Define Accrued InterestAccrued interest refers to interest that has accumulated but has not…
Q: what is aurora's 2023 operating leverage?
A: Operating leverage is calculated as: Degree of Operating Leverage (DOL)=Contribution…
Q: What is fixed cost per unit?
A: Explanation of Absorption Costing: This is a costing method that assigns all manufacturing costs…
Q: What is the smartphone divisions capital turnover?
A: The capital turnover ratio is calculated as:Capital Turnover=Sales/Total Assets Given:Sales =…
Q: Help
A: Calculate Average Total Assets Average Total Assets = Total Assets at Beginning + Total Assets at…
Q: balance sheet will be.
A: Step 1: Definition of Straight-Line Depreciation:The straight-line depreciation method is a method…
Q: What is the correct answer ? A B ? General Accounting question
A: Given:Amount invested in X = $24,000Amount invested in Y = $36,000Amount invested in Z = $15,000X's…
Q: What is the contribution margin per machine hour on this financial accounting question?
A: Step 1: Define Contribution Margin per Machine HourContribution Margin per Machine Hour is a measure…
Q: What was the predetermined overhead rate?
A: Explanation of Predetermined Overhead Rate: This is a cost allocation rate that is calculated before…
Q: General accounting question
A: Step 1: Direct materials Oak boards are considered direct materials because they are a primary…
Q: Give me correct answer financial accounting question
A: Step 1: Define Bond ValuationBond valuation involves determining the present value (PV) of future…
Q: Which principle dictates that a business should report revenue when it is earned and expenses when…
A: Explanation of Accrual Principle: The accrual principle is a fundamental accounting concept that…
Q: accounting question
A: Present Value of perpetuity = Cash Flow/Required rate Required rate = Cash Flow/Present Value of…
Q: Raw materials purchased during the year amount to
A: Step 1: Information givenRaw Materials Used = $950,000Beginning Raw Materials Inventory =…
Q: Please solve this problem general Accounting question
A: Step 1: Define Cost of EquityCost of equity represents the minimum return that a company must…
Q: need help this answer.
A: Net Income is calculated using the nominal accountsNet Income = Revenues - ExpensesIn this…
Q: 4 PTS
A: First, we need to find out the terget cost to achieve a 15% profit margin on sales. we have…
Q: Wilson manufacturing computes its predetermined overhead solved this accounting questions
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is a rate used to…
Q: choose best answer
A: Step 1: Definition of Goodwill ImpairmentGoodwill impairment occurs when the fair value of a…
Q: Estimated warranty expense for the year?
A: Step 1: Definition of Warranty ExpenseWarranty expense is the estimated cost a company expects to…
Q: provide correct answer
A: Step 1: Definition of Cost of Goods Manufactured (COGM)Cost of Goods Manufactured (COGM) represents…
Q: Calculate gross or loss on the exchange
A: Step 1: Calculation of Book Value of Old TruckBook Value of Old Truck = Original Cost - Accumulated…
Q: I want to correct answer general accounting question
A: Step 1:The initial deposit can be calculated using the PV function of excel, first understand the…
Q: financial account
A: Step 1: Definition of Days Sales in ReceivableDays Sales in Receivable, also known as Accounts…
Q: REQUIRED Study the Statement of Comprehensive Income of Asterix Limited for the three-year period…
A: Solutions1.1 Explain the change that possibly took place in the financing activities over the…
Q: dndjdjeiendnn
A: Step 1: Understanding Imputed Interest RulesThe IRS requires imputed interest on below-market loans…
Q: On average, FurniStyle Ltd. is able to sell its inventory in 30 days. The firm takes 90 days on…
A: Explanation of Inventory Selling Period: The inventory selling period, also known as the inventory…
Q: price and cost characteristics:
A: Given:Sales price = $80 per radioVariable costs = $32 per radioFixed costs = $360 per monthIncome…
Q: hi expert please help me
A: In order to answer this, we must determine the "days sales outstanding" (DSO), or the average number…
Q: general accounting
A: Step 1: Define Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) refers to the direct costs of…
Q: What is the cost of the delivery van
A: Concept of Purchase PriceThe purchase price is the base cost paid to acquire an asset, in this case,…
Q: I need some help preparing a working paper to consolidate the balance sheets of Paxon and Saxon at…
A:
Q: Calculate the amount paid for goodwill.
A: Step 1: Definition of GoodwillGoodwill is an intangible asset that arises when a company acquires…
Q: You work for a beverage company that sells coffee and tea. Your boss has asked you to help set up…
A: Open the Excel file and create five new worksheets named Customers, Employees, Sales, Inventory, and…
Q: Please see an attachment for details. .general Accounting question
A: Step 1: Define Equity MultiplierThe equity multiplier is a financial ratio that measures a company's…
Q: What is the unit product cost
A: Explanation of Absorption Costing:Absorption costing is a method of product costing that allocates…
Q: Value of the ending inventory under variable costing would be?
A: Explanation of Variable Production Costs: Variable production costs are manufacturing expenses that…
Q: Hii expert please give me correct anything general Accounting question
A: Step 1: Define Dividend Yield and P/E RatioDividend Yield measures how much a company pays in…
Q: Hy expert give me solution
A: Step 1: Definition of Predetermined Overhead RateThe Predetermined Overhead Rate (POHR) is a rate…
Q: During 2015, the assets of Inspiring Sky increased by $45,000, and the liabilities increased by…
A: Concept of Assets: Assets are the valuable resources owned by a business that are expected to…
Q: None
A: Concept of Direct Materials InventoryDirect materials inventory refers to the raw materials that a…
Q: final answer.
A: Key TermsOperating Cycle: This is the total time it takes for a firm to purchase inventory, sell it,…
Q: Problem related general Accounting
A: Cash Flow to Shareholders is the net amount of cash a company distributes to its shareholders.…
Q: Let's say that Dr. Tim’s Company purchased a heavy-duty truck on July 1, 2021, for $30,000. It was…
A: First, we need to calculate the accumulated depreciation of the old truck. The company uses the…
Help
Step by step
Solved in 2 steps
- Faldo Company produces a single product. The projected income statement for the coming year, based on sales of 200,000 units, is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Suppose that 30,000 units are sold above the break-even point. What is the profit? 2. Compute the contribution margin ratio and the break-even point in dollars. Suppose that revenues are 200,000 greater than expected. What would the total profit be? 3. Compute the margin of safety in sales revenue. 4. Compute the operating leverage. Compute the new profit level if sales are 20 percent higher than expected. 5. How many units must be sold to earn a profit equal to 10 percent of sales? 6. Assume the income tax rate is 40 percent. How many units must be sold to earn an after-tax profit of 180,000?Please helpMadlock, 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 units
- Total 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.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.Please need answer
- 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? HelpJasmine 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?
- On-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?Charlevoix Cases makes mobile phone cases. The company has collected the following price and cost characteristics: Sales price $ 12.00 per case Variable costs 5.50 per case Fixed costs 403,000 per year Assume that the company plans to sell 77,000 units annually. Consider requirements (b), (c), and (d) independently of each other. Required: What will be the operating profit? What is the impact on operating profit if the sales price decreases by 20 percent? Increases by 10 percent? Note: Do not round intermediate calculations. What is the impact on operating profit if variable costs per unit decrease by 20 percent? Increase by 10 percent? Note: Do not round intermediate calculations. Suppose that fixed costs for the year are 20 percent lower than projected and variable costs per unit are 20 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? Note: Do not round intermediate…Sundial, Inc., produces two models of sunglasses-AU and NZ. the sunglasses have the following characteristics. Au NZ Selling price per unit $ 160 $ 160 Variable cost per unit $ 80 $ 60 Expected units sold per year 70,000 30,000 The total fixed costs per year for the company are $3,612,000. 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 four pairs of UA sunglasses for each pair of NZ sunglasses, what would be the new break-even volume for Sundial, Inc? Complete the question by entering your answers in the tabs below. Required A What is the…