Research on a new laptop case indicates that the product can be sold for $40 per unit. Cost analysis provides the following information. Fixed cost per period = $5500 Variable cost per unit = $25 Production capacity per period = 956 units What is the revenue function?
Q: Palmona Company establishes a $130 petty cash fund on January 1. On January 8, the fund shows $47 in…
A: 1. Entry to Establish the Fund on January 1To establish the petty cash fund on January 1, an initial…
Q: Recording Common Stock Direct Retirement Acer Inc. issued 275,000 shares of $0.01 par value common…
A: Recording Common Stock Direct Retirement: A Step-by-Step ExplanationThis explanation will walk you…
Q: None
A: Part 2:Explanation:Step 1: Initially, when Farmer Fabrication issued the stock options in 2021, it…
Q: A2
A: Part 2: Explanation:Step 1: Calculate the interest for Mystic BankUsing the formula for compound…
Q: Please provide the 3 graphs in answer
A: Step 1:The required journal entries related to the petty cash fund are presented…
Q: A project is estimated to cost $219,835 and provide annual net cash flows of $77,000 for four years.…
A: The objective of this question is to calculate the internal rate of return (IRR) for a project using…
Q: 5. The Ahead of Our Time Inc. manufactures state of the art bamboo dining room tables. Budgeted…
A: Step 1: Production budget Ending inventory: 25% of the next month's salesDecember = 40…
Q: provide correct answer
A: Approach to solving the question: For better clarity of the solution, I have provided the…
Q: 5. Data for June for Ozaki Corporation and its two major business segments, North and South, appear…
A: Segment margin refers to the amount of profit earned by a particular segment. It helps the…
Q: The Jamaica Company manufactures a product in a single process, The following information is…
A: Step 1:(1) Calculate the total cost of input material: The total cost of input material is the…
Q: Sagar
A: Step 1: Calculation of Interest expense.Interest expense = Principal amount * Interest rate *…
Q: please answer in text form and in proper format answer with must explanation , calculation for each…
A: In accounting, transactions are recorded using journal entries according to the double-entry system.…
Q: please answer in text form and in proper format answer with must explanation , calculation for each…
A: Transaction (a)the required allowance for bad debts is computed as: accounts receivable x percent…
Q: Which of the following are identifiable as different individual products before split-off for cost…
A: The term "split-off" refers to the point in the production process where joint products or…
Q: On January 1, Haymark Corporation signs a six-year lease for a truck that is accounted for as a…
A: (a) The January 1 journal entry to record the lease involves recognizing the leased asset and the…
Q: None
A: Detailed explanation:Cash flow from operating activities accounts for cash inflow and outflow from…
Q: Sky airlines produces two different aircrafts. The joint process incurs costs of $10 million. Both…
A: Explanation/solution: Allocation of joint costProductproportion and allocationAllocated joint…
Q: Answer in graph format
A: Step 1:Bank reconciliation as of June 30 is presented hereunder:…
Q: 7. The selling and administrative expense budget of Breckinridge Corporation is based on budgeted…
A: If you have any clarifications (i.e., expand the explanation) or want different, expanded, or…
Q: Statement of cash flows-indirect method The comparative balance sheet of Yellow Dog Enterprises Inc.…
A: Step 1: Calculate Net Cash Provided by Operating ActivitiesStart with the net income of $248,290.Add…
Q: Brian Bruin, single, claiming one exemption, has cumulative earnings before this biweekly pay period…
A: To calculate Brian Bruin's net pay, we need to find the federal income tax withholding amount using…
Q: Denger
A: Step 1: Calculation of value of total assets.Cash from issue of common stock$31,000Add: Borrowing…
Q: 6. 6:05 TB MC Qu. 14-55 (Algo) The management of Penfold Corporation... The management of Penfold…
A: Step 1:Computation of NPV - Penfold CorporationParticularsPeriodAmountPV factor at 12%Present…
Q: Comparative financial statements for Weller Corporation, a merchandising company, for the year…
A: From the income statement:Sales (Net Sales) for This Year: $95,000 (in thousands)Gross Margin for…
Q: On January 1, 2022, Palk Corporation and Spraz Corporation had condensed balance sheets as follows:…
A: The objective of the question is to calculate the consolidated noncurrent assets of Palk Corporation…
Q: The custodian of a $540 petty cash fund discovers that the fund has $92.50 in coins and currency…
A: Determining the Correct Journal Entry for the NSF CheckScenario:• A customer's check for $436.50 is…
Q: 15. Tyler Oil Corporation estimates the following costs to acquire, drill, and complete a well on…
A: Here is what we are given:Acquisition costs: $80,000Selling price of oil: $1,000 per barrelLifting…
Q: eBook Show Me How Print Item Question Content Area Issuing stock for assets other than cash…
A: Common stock(20,000 shares x 20 par value) = 400,000 Paid in capital- in excess of par(28-20) x…
Q: None
A: 25. Stock Valuation using Dividend Discount Model (DDM)The dividend discount model (DDM) is a…
Q: The St. Louis to Seattle Railroad is considering acquiring equipment at a cost of $148,000. The…
A: The objective of the question is to calculate the average rate of return, the cash payback period,…
Q: help please answer in text form with proper workings and explanation , for each and every part,…
A: 1. Material Price Variance (MPV):We are concerned with the difference between the actual price paid…
Q: please answer in text form and in proper format answer with must explanation , calculation for each…
A: Interest accrued refers to the interest that has been incurred on a loan or other financial…
Q: am. 105.
A: DETAILED ANALYSIS TO ANCHOR THE ABOVE SOLUTIONSFlexible Administration, Selling, and Distribution…
Q: Last year Minden Company introduced a new product and sold 15,000 units at a price of $74 per unit.…
A: To solve this problem, we need to calculate the net operating income (loss), break-even points, and…
Q: Net Income Increase (Decrease) Sunland Industries incurs unit costs of $8 ($5 variable and $3 fixed)…
A: Please refer to the above explanation. Thank you!
Q: A3
A: The objective of this question is to calculate the cost of goods sold (COGS) based on the given…
Q: Please provide Answer need HeLp
A:
Q: Domestic
A: Approach to solving the question: Detailed explanation: After the calculation, we'll have:-…
Q: Manji
A: FREE ASSETS ACURRENT ASSETS $ 51,000.00BBUILDING & EQUIPMENT $ 150,000.00CTOTAL (A+B) $…
Q: Maui Fabricators Inc. is considering an investment in equipment that will replace direct labor. The…
A: Step 1: Calculate Annual Depreciation ExpenseDepreciation Expense = (Cost - Residual Value) / Useful…
Q: 28:26 Mattice Corporation is considering investing $750,000 in a project. The life of the project…
A: Calculation of Net present value YearCash (Outflows) InflowsPV factor at 18%Present value of Cash…
Q: Break-Even Sales Cold One Brewing Company reported the following operating information for a recent…
A: Step 1 : Compute the variable cost per unit. in millionsVariable Cost of Goods Sold (1,368 x…
Q: please answer in text form and in proper format answer with must explanation , calculation for each…
A: Jake's Roof Repair Activity Variances For the month ended May 31 Particulars Working Planning…
Q: Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 paid to…
A: Detailed explanation: Gross Pay through Aug 18Gross PayEarnings subject to tax xTax Rate = Tax…
Q: Clark Co. and Keys Inc. exchange equipment. Information related to this exchange follows. Equipment…
A: Step 1: Determine the book value of the equipment for both companies:Clark Co.: Book value =…
Q: Transaction (a). On May 1, David Fly Fishing Outfitters sold merchandise on account to B. Hill,…
A: The journal entry for the transaction in which David Fly Fishing Outfitters sold products on account…
Q: sensitivity analysis refers to: A. the analysis of the impact of different volumes of sales on…
A: The objective of the question is to identify the correct definition of sensitivity analysis in the…
Q: 3. The following information summarizes the activities in the Sewing Department for the month of…
A: To calculate the equivalent units completed with respect to conversion costs using the average…
Q: Meman
A: Here's a detailed explanation for better understanding. To calculate the Internal Rate of Return…
Q: Give it correctly please and typed
A: Apportioning Service Department Costs with Detailed ExplanationUnderstanding the Problem:Imagine a…
Step by step
Solved in 2 steps
- Assume that the linear cost and revenue models apply. An item costs $13 to make. If fixed costs are $1600 and profits are $5700 when 100 items are made and sold, find the revenue equation. (Let x be the number of items.)R(x) =wrt disk company sells its disk for $107 per unit. total fixed cost are $197000 and variable costs are $32 per unit. calculate the number of units to be sold to earn a pretax income of $224500.A company would like to determine various costs and points to aid them in deciding whether to expand or not. If you are given the following information, compute the required amounts and / or figures.Selling price / unit = P100 Variable cost / unit = P70Annual fixed cost = P500,000 Compute 5. Sales in units to earn a profit of 10% of sales.
- Draw and explain EOQ chart with the following data: Requirements per year = 1600 units, Ordering cost = Rs. 100/- per order, Carrying cost = Rs. 5/- per unit, Purchase cost = Rs. 80/- per cost. Assume the missing data.Miles Co. can further process Product B to produce Product C. Product B is currently selling for P60 per pound and costs P42 per pound to produce. Product C would sell for P82 per pound and would require an additional cost of P13 per pound to produce. What is the differential revenue of producing and selling Product C? (Per pound)Find out BEP in units and value with the following data:Fixed cost - $50000Variable cost - $40 per unitSelling Price - $80 per unitCalculate:1) What will be the profit when the sales is $1000002) What will be the amount of sales if it desires to earn a profit of $15000
- Derby 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?following are the cost data associated with water purification devices. a.The initial cost of one device 20,000 b. The cost of transporting one device = %3D 4% of the initial cost of the device. c. The cost of installing the device and connecting it to the water 8% of the cost of the device. d. Profit margin ratio 20% of the total cost of a single device. e. Requited: Calculate the sales price of the device including transportation, installation and connection to water, using cost-based pricing.1.what is the cost pf lobor required to operate the production line per month 2.If you require astorage area of 600 sq.ft and with an average rent $12 per sq.ft/month what is the estimated cost of rent per month for the production line including the storage area.(Rounded to the nearest $1000). 3.how many operators do you need for the production line. 4. what is the cost of buying and installing the production line.