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

Question

00
1 Approved Answer

NUHMCS369 Corp. has a target profit of $94,000 The break-even point is $264,000 and the variable expenses are 80% of sales. Q: What's the amount

NUHMCS369 Corp. has a target profit of $94,000

The break-even point is $264,000 and the variable expenses are 80% of sales.

Q: What's the amount of NUHMCS369's total sales at the target profit above?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions

Question

10. A number of theories have been proposed and tested to help explain why people do or do not adopt a physically active lifestyle (theories of exercise behavior). Identify and briefly explain these...

Answered: 1 week ago

Question

★★★★★
Suppose on January 1 you deposit $100 in an account that pays a nominal, or quoted, interest rate of 11.33463 percent, with interest added (compounded) daily. How much will you have in your account...

Answered: 1 week ago

Question

★★★★★
The following table lists data from the budget of Ritewell Publishers. Half the company's sales are for cash immediately, the other half are paid for with a one - month delay. The company pays all...

Answered: 1 week ago

Question

★★★★★
Waterways Continuing Problem 06 (Part 1 Waterways has a sales mix of sprinklers, valves, and controllers as follows. Annual expected sales: Sale of sprinklers Sale of valves Sale of controllers...

Answered: 1 week ago

Question

★★★★★
a) Based on your understanding, what is product decision? (3 marks) (CLO1:PLO1:C2) b) Draw & explain about the 'Product Life Cycle' (12 marks) (CLO2:PLO1:C2)

Answered: 1 week ago

Question

★★★★★
Q1 The following monthly budgeted data are available for the Stark Company: Sales Variable expenses Contribution margin Product A Product B Product C $500,000 $300,000 $900,000 300,000 210,000...

Answered: 1 week ago

Question

★★★★★
Air at 80 and 14.5 psia flows into a hair dryer and is heated by an electrical heating element. Hot air at 176 leaves the dryer through a 2 inch diameter outlet at a volume flow rate of 1.51 ft3/s...

Answered: 1 week ago

Question

★★★★★
How is data analytics being used to enhance food and beverage services in the hospitality industry, particularly in fine dining establishments? please provide a citation

Answered: 1 week ago

Question

★★★★★
Mini-Case: Watch Out All Retailers, Here Comes Amazon; Watch Out Amazon, Here Comes Other Competitors Amazon's sales in 2014 were $88.99 billion, an increase of 19.4 percent over 2013. In fact, its...

Answered: 1 week ago

Previous Question Next Question