FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Krazy Kayaks sells its entrylevel kayaks for $750.00 each. Its variable cost is $350.00 per kayak. Fixed costs are $29,000 per month for volumes up

Krazy Kayaks sells its entrylevel kayaks for $750.00 each. Its variable cost is $350.00 per kayak. Fixed costs are $29,000 per month for volumes up to 1,300 kayaks. Above 1,300 kayaks, monthly fixed costs are $53,000. What is the budgeted operating income at a level of 400 kayaks per month?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Practitioners Guide To Edp Auditing

The Practitioners Guide To Edp Auditing

Authors: Jack Mullen

1st Edition

0136912621, 978-0136912620

More Books

Students also viewed these Accounting questions

Question

★★★★★
If a man weight 155 lb on earth, specify (a) His mass in slugs, (b) His mass in kilograms, and (c) His weight in Newtons. If the man is on the moon, where the acceleration due to gravity is gm = 5.30...

Answered: 1 week ago

Question

★★★★★
A solid is obtained by rotating the shaded region about the specified line. (a) Set up an integral using any method to find the volume of the solid. (b) Evaluate the integral to find the volume of...

Answered: 1 week ago

Question

★★★★★
In Mr. Lawrences classroom, students are engaged in learning the art of driving. They watch Mr. Lawrence model techniques, receive hints and feedback from him on their performance, and are encouraged...

Answered: 1 week ago

Question

★★★★★
Efferson Electronics manufactures two large-screen television models. The 32-inch flat-panel LCD model has been in production since 2009 and sells for $900. The company introduced a 42-inch plasma...

Answered: 1 week ago

Question

★★★★★
Florida Inc. has revenues of $2,262,000 resulting in an operating income of $339,300. Average invested assets total $377,000; the cost of capital is 10%. The investment turnover is: -90% -15% -0.17...

Answered: 1 week ago

Question

★★★★★
How to decided between selling stocks or bonds? For instance if a $100,000 is needed would it be better to sell 500 share of stock with a current value of $109,900 or 100 bond shares with 3.25%...

Answered: 1 week ago

Question

★★★★★
Marketers will use software platforms that combine Customer Relationship Management tools with monitoring tools because they can _____________. Group of answer choices schedule social media posts...

Answered: 1 week ago

Question

★★★★★
There is an adage, "Nothing happens until somebody sells something." How does this apply to the supply chain for any business that relies on sales? Select an answer: It ensures a product works the...

Answered: 1 week ago

Question

★★★★★
Pittsburgh-based FreeMarkets, now part of SAP Ariba, has developed software enabling large industrial buyers to organize online auctions for qualified suppliers of semistandard parts such as...

Answered: 1 week ago

Question

★★★★★
Lack of knowledge and experience, combined with overconfidence and arrogance causes organizational bias. Question 3 options: True False

Answered: 1 week ago

Question

★★★★★
Kinematics Review Assignment 1: Motion Analysis 1. For the following P vs T graph: 13 Position {m} .10 20 Time {5] a. Complete the table (12 marks) Position (m) Kinematics Review Assignment 1: Motion...

Answered: 1 week ago

Question

★★★★★
Trade unions. Some enterprises may view the increasing influence of trade unions as a problem, with trade unionists seeing the future of trade unions as uncertain.

Answered: 1 week ago

Question

★★★★★
Attempts to address over-staffing through various methods which did not reflect future skills and operational needs have highlighted the need to develop other methods of human resource planning.

Answered: 1 week ago

Question

★★★★★
a high level of employee turnover and absenteeism and a lack of identification with hard work;

Answered: 1 week ago

Previous Question Next Question