Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q3 ) Sara shop sells Toys . The selling price of each toy is 60$ , variable costs are 45$ , and fixed costs are

image text in transcribedimage text in transcribed

Q3 ) Sara shop sells Toys . The selling price of each toy is 60$ , variable costs are 45$ , and fixed costs are $10,000 . What minimum Sales dollars is required to earn an after tax net income of $ 2,000 , assuming the tax rate is 40 %

Q4) Craylon Manufacturing produces a single product that sels for $50. Variable costs per unit equal $35. The company expects total fixed costs to be $34.000 for the next month at the projected sales level of 1.500 units. in an attempt to improve performance, management is considering a number of alternative actions. One alternative is to increase advertising expenses by $6.000 which will result in a 15% increase in sales. If this proposed is implemented oprating incom will ...( increase or decrease ? ) .. by ................

Consider the Tollowing account balances in thousands or the aroma corporation End of 2017 206,000 125.000 Beginning of 2017 240.000 Carolina Corporation Finished-goods inventory Marketing, distribution, and customer- service costs General and administrative costs Cost of goods mamfctured Cost of goods sold 71.000 812.000 846.000 Calculate total operating costs 176,000 S AO 196,000 S 80 190.000 S co Spo 156,000 :(Renka's Heaters selected data for October 2017 are presented here (in millions 105 $ 365 385 450 265 Direct materials inventory 10/1/2017 Direct materials purchased Direct materials used Total manufacturing overhead costs Variable manufacturing overhead costs Total manufacturing costs incurred during October 2017 Work-in-process inventory 10/1/2017 Cost of goods manufactured Finished-goods inventory 10/1/2017 Cost of goods sold 1,610 230 1,660 130 1,770 Calculate Fixed manufacturing overhead costs for October 2017 $ 188 AO $ 180 .B $185.co $ 195 5.Do

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

Auditing IT Infrastructures For Compliance

Authors: Martin Weiss

1st Edition

0763791814, 978-0763791810

More Books

Students also viewed these Accounting questions