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Greeley [361]
3 years ago
14

Sunland Company wants to sell a sufficient quantity of products to earn a profit of $300000. If the unit sales price is $12, uni

t variable cost is $8, and total fixed costs are $200000, how many units must be sold to earn income of $300000
Business
2 answers:
Ymorist [56]3 years ago
8 0

Answer:

$125,000

Explanation:

Data provided as below:-

Profit = $300,000

Total fixed cost = $200,000

Sales price = $12

Unit variable cost = $8

The computation of income is shown below:-

Units must be sold to earn net income of $300,000 = Profit + Total fixed costs  ÷ Sales price - Unit variable cost

= $300,000 + $200,000 ÷ $12 - $8

= $500,000 ÷ $4

= $125,000

So, for computing the net income we simply applied the above formula.

Yanka [14]3 years ago
4 0

Answer:

125,000 units

Explanation:

Given that,

Target profit = $300,000

Unit sales price = $12

Unit variable cost = $8

Total fixed costs = $200,000

Firstly, we need to find out the contribution margin per unit:

= Unit sales price - Unit variable cost

= $12 - $8

= $4

Now, units required to sold for earning the desired profit is calculated by dividing the sum of desired net income and total fixed costs by the contribution margin per unit. It is calculated as follows:

= (Target net income + Total fixed cost) ÷ Contribution margin per unit

= ($300,000 + $200,000) ÷ $4

= $500,000 ÷ $4

= 125,000 units

Therefore, this company must be sold 125,000 units to earn income of $300,000.

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Suppose the real risk-free rate is 3.50%, the average future inflation rate is 2.25%, and a maturity premium of 0.10% per year t
podryga [215]

Answer:

5.85%

Explanation:

Suppose the real risk-free rate is 3.50%,  the average future inflation rate is 2.25%, and a maturity premium of 0.10% per year to maturity applies, i.e., MRP = 0.10%(t), where t is the years to maturity.  What rate of return would you expect on a 1-year Treasury security, assuming the pure expectations theory is NOT valid?   Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.

a. 5.75%

B. 5.85%

c. 5.95%

d. 6.05%

e. 6.15%

r = r* + IP + DRP + LP + MRP

r = 3.50% + 2.25% + 0 + 0 + .10% = 5.85%

6 0
3 years ago
Per Chevron’s 3Q 2013 filing, what was the percentage change in diluted EPS when comparing nine months ended September 30, 2013
Rufina [12.5K]

Answer:

-11.43%.

Explanation:

According to the 10Q which is filling by third quarter Chevron Corporation

Net Income Allocate to Chevron corporation diluted per share for 9-months earnings  in Q32013 is $8.52

Net Income Allocate to Chevron corporation diluted per share for 9-months earnings   in Q32012 is $9.62

So, the change in percentage is

= {(8.52 - 9.62) ÷ 9.62} × 100

= -11.43%

Therefore, the change in percentage for 9-months of diluted EPS from Q32013 to Q32012 is -11.43%.

The financial information Source depicts the Chevron 10Q report on its website.

5 0
4 years ago
Tim, who is subject to a 35 percent marginal gift tax rate, made a gift of a painting to Ben, valuing the property at $7,000. Th
kherson [118]

Answer:

The undervaluation penalty is $560

Explanation:

Solution

Under valuation penalty applied when a person valued assets understated to save tax.

The undervaluation reduces the tax and hence comes with accuracy related penalty.

From the example, Tim undervalued the gift of $7,000 which is valued at $15,000 by IRS.

The deduction is undervalued for more than 150% and hence penalty is assessed. this is so because the income tax valuation is lower than 40%, so the penalty rate is 20%

Thus,

The calculation of overvaluation penalty is given below:

Undervaluation = $8000

Tax rate = 35%

Tax amount = $2,800

Penalty rate = 20%

Penalty on undervaluation is =$560

Therefore, the undervaluation penalty is $560

5 0
3 years ago
Prepare a journal entry for the purchase of office supplies on September 30 for $2,500, paying $800 cash and the remainder on ac
NemiM [27]

Answer:

Following would be the journal entry for purchase of office supplies;

Office Supplies   A/C                                   Dr. $2500

     To Cash A/C                                                               $800

     To Accounts Payables A/C                                       $1700

(Being office supplies purchased partly for cash, partly on credit, being recorded)

Purchases is a nominal account so the rule which applies is, debit all expenses and credit all incomes and gains.

Cash is also a real account so the principle which applies is, debit what comes in and credit what goes out.

Accounts Payable is also a real account so the same principle applies, as for cash.

7 0
3 years ago
Daria, age 28, is very short, has an abnormally small jaw, and her neck has extra folds of skin. She has never ovulated and has
marishachu [46]

Answer:

Noonan Syndrome.

Explanation:

Daria displays the markers of Noonan syndrome.

Noonan Syndrome are genetic disorder with different abnormality, it evident since birth in most of cases. Range and severity may vary from person to person. It is caused by pathogenic variants. In 30 percent of infant with Noonan syndrome, may have abnormal opening in septum that divide upper chamber of heart. Noonan syndrome have affected more males than females. It was first reported in 1883.

Treatment of noonan syndrome is depend upon the specific complication of individuals.

5 0
3 years ago
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