2. You have been provided with the following information regarding the ALG Mfg Company: Sales price...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
2. You have been provided with the following information regarding the ALG Mfg Company: Sales price Variable manufacturing cost per unit 12 Variable marketing cost per unit Fixed manufacturing costs Fixed administrative costs $ 25 3 180,223 40,000 This information is based on forecasted sales of 25,000 units. (a) What are the expected operating profits for the upcoming year? (b) What is the break-even point in units? (c) What is the break-even point in dollars? (d) If $80,000 of operating profits is desired, how many units must be sold? (e) How much in sales dollars is required to generate an operating profit of $75,000? 2. You have been provided with the following information regarding the ALG Mfg Company: Sales price Variable manufacturing cost per unit 12 Variable marketing cost per unit Fixed manufacturing costs Fixed administrative costs $ 25 3 180,223 40,000 This information is based on forecasted sales of 25,000 units. (a) What are the expected operating profits for the upcoming year? (b) What is the break-even point in units? (c) What is the break-even point in dollars? (d) If $80,000 of operating profits is desired, how many units must be sold? (e) How much in sales dollars is required to generate an operating profit of $75,000?
Expert Answer:
Answer rating: 100% (QA)
Answer Requirement a Expected Operating profit for the upcoming year 29777 Requirement a Worki... View the full answer
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
Posted Date:
Students also viewed these accounting questions
-
You have been provided with the following information regarding R-Steel Inc.'s inventory for March, April, and May. Instructions (a) Calculate the cost and net realizable value of R-Steel's inventory...
-
You have been provided with the following information regarding Love Paper Ltd.'s inventory for June, July, and August. _____________Paper Inventory (in tonnes)______Cost/Tonne__________NRV/Tonne...
-
You have been provided with the following information regarding R-Steel Inc.'s inventory for March, April, and May. Instructions (a) Calculate the cost and net realizable value of R-Steel's inventory...
-
Hybrid Corporation began operations in 2018 and during that year purchased equity investments. It owns less than 20% of the voting shares for all companies whose stock it purchased. The year-end cost...
-
Prove that all odd central moments of a Gaussian random variable are equal to zero. Furthermore, develop an expression for all even central moments of a Gaussian random variable.
-
Determine the shear force and moment acting at point C of the beam. For the calculation use Simpsons rule to evaluate the integrals. W 2 kip/ft ' W = 1/2 (2x +x + 4) 2 ft C 2 ft 11.58 kip/ft B X
-
1. Peter Oiler was a truck driver at the grocery chain Winn-Dixie. He was also a transvestite he liked to dress as a woman. When his supervisor at Winn-Dixie found out about his cross-dressing, Oiler...
-
Pace Distributing Company completed the following merchandising transactions in the month of April. At the beginning of April, the ledger of Pace showed Cash of $9,000 and Owners Capital of $9,000....
-
Evaluate key accounting ratios showing the financial positions of a failing uk charity. These comparative ratios should cover a 3 year spread, showing the differences of each year. It should also...
-
A political candidate has hired you to advise them on how to best spend their advertising budget. The candidate wants a combination of print, radio, and television ads that maximize total impact,...
-
Acids can react with a variety of substances, including metals, carbonates, sulfides oxides and hydroxides. Match the reactants with products for the following. Hydrochloric acid + reactive metal...
-
Marla's Dirndls is a designer and manufacturer of traditional german dresses (dirndls) serving the upper Midwestern United States. Marla's internal accounting group wants to determine what portion of...
-
Managing costs is a crucial aspect of ensuring the long-term financial stability of an organization. In this regard, it is essential to clearly understand the differences between fixed, mixed, and...
-
Need help expanding the questions below. State of Ohio's position on the ban? What legislation if any supports or opposes the ban and or tries to protect smokers in the workplace? How smoking in...
-
This week's discussion and readings on the legal, ethical, and privacy aspects associated with cyber intelligence operations highlight some interesting challenges. Cyber intelligence operations must...
-
A soft tennis ball is dropped onto a hard floor from a height of 1.95 m and rebounds to a height of 1.56 m. (Assume that the positive direction is upward.) (a)Calculate its velocity (in m/s) just...
-
The quick ratio a.relates cash, marketable securities, and net receivables tocurrent liabilities. b.is calculated by taking one item from the income statement andone item from the balance sheet. c.is...
-
Imagine that your best friend knows you are taking a psychology course and wonders what psychology is all about. How would you define psychology for your friend? Write an essay on the discipline of...
-
A tornado damaged a part of the City of Westbrook's Police Station. Some of the costs related to the damage included the following: 1. The building wiring had to be replaced. Since the wiring was...
-
Explain the GASBs role in developing standards for SEA reporting.
-
The Edwards Lake Community Hospital balance sheet as of December 31, 2019, follows. Required a. Record in general journal form the effect of the following transactions during the fiscal year ended...
-
What is meant by refunding?
-
The Merton Manufacturing Co Ltd has been in business for many years making fitted furniture and chairs. During 2004 and 2005 substantial losses have been sustained on the manufacture of chairs and...
-
A company retired a bond issue early, at a loss. Is the company in an economically worse position after the retirement?
Study smarter with the SolutionInn App