answer within 30 mins- show simple compuatation
Philadelphia Swim Club is planning for the coming year. Investors would like to earn a 10% return on the company's $38,000,000 of assets. The company primarily incurs fixed costs to maintain the swimming pool, Fixed costs are projected to be $12,600,000 for the year. About 520,000 members are expected to swim each year. Variable costs are about $14.00 per swimmer. The Philadelphia Swim Club has a favorable reputation in the area and therefore, has some control over the membership price. Using a cost-plus approach, what price should Philadelphia Swim Club charge for a membership? O A. $30.92 OB. $38.23 O C. $7.31 OD. $45.54 The Porch Cushion Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months follows: Number of foam cushions to be produced in July 13,000 Number of foam cushions to be produced in August 19,000 Number of foam cushions to be produced in September 12000 Each cushion requires 2 pounds of the foam used as stuffing. The company has a policy that the ending inventory of foam each month must be equal to 30% of the following month's expected production needs. How many pounds of foam does The Porch Cushion Company need to purchase in August? O A. 49.400 OB. 45200 O C. 33,800 OD. 26,600 Blue Ridge Bicycles uses a standard part in the manufacture of several of its bikes. The cost of producing 45,000 parts is $142,000, which includes fixed costs of $70,000 and variable costs of $72,000. By outsourcing the part, the company can avoid 30% of the fixed costs I Blue Ridge Bicycles buys the part, what is the most Blue Ridge Bicycles can spend per unit so that operating income equals the operating income from making the part? O A $2.07 OB. 5424 OC. 50.48 OD. 53.16 Einstein Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be $17,000. Budgeted cash receipts are $85,000, while budgeted cash disbursements are $67,000. Einstein Company wants to have an ending cash balance of $55,000. The excess (deficiency) of cash available over disbursements for the month would be O A. $35,000 OB. 5(35,000) O C. $122,000 OD. $169,000 Jolly Company produces hula hoops. Jolly Company has the following sales projections for the upcoming year First quarter budgeted hula hoop sales in units Second quarter budgeted hula hoop sales in units Third quarter budgeted hula hoop sales in units Fourth quarter budgeted hula hoop sales in units 22 200 70,000 23,000 33.000 Jolly Company wants to have 10% of the next quarter's sales in units on hand at the end of each quarter. Inventory at the beginning of the year was 4,400 hula hoops How many hula hoops should Jolly Company produce during the first quarter? O A. 24.800 OB. 33,600 OC. 22 200 OD. 17.800 $50.00 Sale price per unit Direct materials used Direct labor incurred Variable manufacturing overhead Variable selling and administrative expenses Fixed manufacturing overhead Fixed selling and administrative expenses Units produced and sold $164,000 $186,000 $120,000 $72,000 $65,000 $12,000 21,000 Assume no beginning inventory Assuming there is excess capacity, what would be the effect on operating income of accepting a special order for 5,000 units at a sale price of $41 per produ (NOTE: Assume regular sales are not affected by the special order. Round any intermediary calculations to the nearest cent.) O A. Increase by $75,950 O B. Decrease by $75,950 OC. Increase by $205,000 OD. Increase by 5334,050 Click to select your
