1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ainat [17]
3 years ago
12

SBD Phone Company sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, and variable costs are $36 per u

nit. Compute the units of product that must be sold to earn pretax income of $200,000.
Business
1 answer:
tigry1 [53]3 years ago
4 0

Answer:

6,704 units

Explanation:

The computation of the number of units sold is shown below:

= (Fixed expenses + target profit) ÷ (Contribution margin per unit)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

= $90 per unit - $36 per unit

= $54 per unit

So, the number of units sold is

= ($162,000 + $200,000) ÷ ($54 per unit)

= 6,704 units

You might be interested in
What should be appropriate for a target market
ladessa [460]

<u>Explanation:</u>

Target market should have appropriate age, gender, lifestyle, likes, preferences, income level, education level, maturity level, marital status, occupation and ethnicity. It can also be shortly termed as appropriate demographics.

Target market is the audience to whom the product is to be sold. In order to pitch the right product to right customer target market has to be identified. Customer profiling is necessary to identify the customers interested in the products or services marketed by an organisation.

Customer base gives the details of what is needed by the customers. Organisation is benefited by only concentrating on the customers who are interested in their products or service.

4 0
3 years ago
Mort is employed as brick layer. on the weekends, he also does some landscaping for several businesses and received five forms 1
Bingel [31]
<span>The answer is "$100 of interest and $50 of the personal property tax".

</span><span>Mort paid $400 of interest on the van loan
and he paid personal property tax of $200
Now,
Interest = 25% of $400 
=25/100 x 400 = 0.25 x 400 
Interest =$100

personal property tax = 25% of $200
=25/100 x 200 = 0.25 x 200
</span>personal property tax = $50<span>

</span>
4 0
3 years ago
The Skagit Company manufactures Hooks and Nooks. The following shows the activities per product and total activity information:
gladu [14]

Answer:

Total factory overhead to be charged to each unit of Hooks is $33

Explanation:

Sum of all Activity Cost = Total Factory Overhead

Calculate the total factory overhead to be charged to each unit of Hooks

Activity rate = Budgeted amount / Total of each activity base

∴ Activity Rate

      For Setups = 60,000 / 20,000 = 3 per setup

      For Inspections = 120,000 / 24,000 = 5 per inspections

      For Assembly = 420,000 / 28,000 = 15 per dlh

Activity Cost = Activity base for each unit * Activity rate

∴ Activity Cost

      For Setups = 1 x 3 = $3

      For Inspections = 3 x 5 = $15

      For Assembly = 1 x 15 = $15

Recall that;

Sum of all Activity Cost is the Total Factory Overhead

= $3 + $15 + $15

= $33

8 0
3 years ago
A. Adjustments would not be necessary if financial statements were prepared to reflect net income from lifetime operations.
Artemon [7]

Answer:

The correct answer is A

Explanation:

In accounting the adjustment, is described as the transaction of the business, which is not involved or recorded in the records of the accounting of the firm at a particular or a specific data.

All of the transactions are reported by the recordation and its example are customer billing, cash collection and supplier invoice.

If the operations of the lifetime are reflected from the net income, then the adjustments does not needed to passed or reported.

7 0
3 years ago
On January 1, 2019, Patrick Polk purchased real estate as an investment. On April 1, 2019, Patrick exchanged it for other real e
Leokris [45]

Answer:

a. long-term capital gain.

Explanation:

A 1031 exchange allows investors to delay paying taxes when they swap like-kind properties. The basis of this property will start on January 1, 2019, the date the first property was acquired. If the investor sold the property on February 1, 2020, more than a year passed, so this should be taxed as a long term capital gain.

5 0
3 years ago
Other questions:
  • Employees who are travelling can connect securely to their office network through the internet when a ________ has been establis
    13·1 answer
  • RF Company had January 1 inventory of $300,000 when it adopted dollar-value LIFO. During the year, purchases were $1,800,000 and
    15·2 answers
  • Lincoln Park Co. has a bond outstanding with a coupon rate of 5.75 percent and semiannual payments. The yield to maturity is 4.7
    13·1 answer
  • Leighton has spent the last two hours going over customer surveys to see how well her company is achieving its goal of improving
    15·2 answers
  • Aviation Inc. decided that they would sale the bond within 90 days. Assume that Aviation now has to adjust their financial state
    8·1 answer
  • Which of the following is considered to be an accrued expense? a.a computer technician has installed the latest software updates
    5·1 answer
  • Liang Company began operations on January 1, 2016. During its first two years, the company completed a number of transactions in
    10·1 answer
  • Which of the following statements is​ correct?A. Actual investment equals planned investment when inventories rise. B. Actual in
    5·1 answer
  • (I) Countries with more economic freedom during the past quarter of a century had a lower average per capita GDP.(II) Countries
    11·1 answer
  • josephine is the manager of human resources in a union environment. what specific knowledge does she need in order to do her job
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!