Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Nombre Company management predicts $1,672,000 of variable costs, $2,255,000 of fixed costs, and a pretax income of $253,000 in the next period. Management also predicts

image text in transcribed
image text in transcribed
Nombre Company management predicts $1,672,000 of variable costs, $2,255,000 of fixed costs, and a pretax income of $253,000 in the next period. Management also predicts that the contribution margin per unit will be $57 (1) Compute the total expected dollar sales for next period. Contribution margin Pretax income (2) Compute the number of units expected to be sold next period. Choose Numerator: Choose Denominator Units Units Nombre Company management predicts $1.672,000 of variable costs, $2,255,000 of fixed costs, and a pretax income of $253,000 in the next period. Management also predicts that the contribution margin per unit will be $57 (1) Compute the total expected dollar sales for next period. Sales | Less Variable costs Contribution margin Less: Fixed costs Pretax income (2) Compute the number of units expected to be sold next period. Choose Numerator: 1 Choose Denominator: Faced costs plus pretax income 1 Contribution margin per unit Units Units

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

Organizing Smart Buildings And CitiesPromoting Innovation And Participation

Authors: Elisabetta Magnaghi, VĂ©ronique Flambard, Daniela Mancini, Julie Jacques, Nicolas Gouvy

10th Edition

3030606066, 9783030606060

More Books

Students also viewed these Accounting questions