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Evgen [1.6K]
3 years ago
6

Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.5

0 each, and the variable cost to manufacture them was $2.25 per unit. The company needed to sell 20,000 shirts to break-even. The after tax net income last year was $5,040. Donnelly's expectations for the coming year include the following: (CMA adapted) The sales price of the T-shirts will be $10. Variable cost to manufacture will increase by one-third. Fixed costs will increase by 10%. The income tax rate of 40% will be unchanged. Based on a $10 selling price per unit and if Dorcan Corporation wishes to earn $37,800 in after tax net income for the coming year, the company's sales volume in dollars must be: Multiple Choice $213,750. $257,625. $207,000. $255,000.
Business
1 answer:
solong [7]3 years ago
5 0
The answer is D because you have to first divide and then multiply your total by the answer answer that you have and keep doing the same pattern until your answer is even
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To win back customers after they have discontinued service, when should the initial communication be made? g
nataly862011 [7]

The following methods can be used to successfully win back customers after they have discontinued service.

<h3>Successfully Re-engage Customers:</h3>
  • Consider the primary cause of the customer's initial reluctance. Take some time to consider what drove your brand to this point before developing unique methods for your re-engagement plan.
  • Surveying your consumers is one of the finest ways to find the answers to your inquiries. Based on how long a consumer has been away from your store, create a survey and email it to them.
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4 0
2 years ago
All of the following are true regarding implied agreements EXCEPT which one?
Brrunno [24]

Answer:

An implied agreement is based on a formal agreement.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implied contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Simply stated, mutual assent connotes agreement, acceptance and consent to a contract by both parties.

An implied contract can be defined as an informal contract that exists based on an assumption or understanding between two or more parties, rather than on terms that are formally and specifically defined.

This ultimately implies that, an implied agreement is not based on a formal agreement but on assumptions or understanding between the parties involved.

4 0
3 years ago
Davis Company uses a standard cost system for its production process and applies overhead based on direct labor hours. The follo
evablogger [386]

Answer:

$1,800

Explanation:

Calculation to determine the variable overhead efficiency variance

Using this formula

VOH Efficiency Variance = Budgeted VOH based on Actual - Budgeted VOH/Standard Qty

Let plug in the formula

VOH Efficiency Variance = ((16,000 * $1.80/hr) - ((5,000 * 3.00hrs/unit * $1.80/hr))

VOH Efficiency Variance = $(28,800.00 - $27,000.00)

VOH Efficiency Variance = $1.800

Therefore Using the four-variance approach, what is the variable overhead efficiency variance will be $1,800

8 0
3 years ago
At the end of the current year, using the aging of receivable method, management estimated that $31,500 of the accounts receivab
Marina86 [1]

Answer:

Dr Bad debt expenses $ 32,400

Cr Allowance for doubtful accounts $ 32,400

Explanation:

Preparation of the adjusting entry that the company should make at the end of the current year to record its estimated bad debts expense

Dr Bad debt expenses $ 32,400

Cr Allowance for doubtful accounts $ 32,400

($31,500+$900)

( To record its estimated bad debts expense)

Estimated Bad debts expense =Account receivables + Debit balance

Estimated Bad debts expense= $31,500 + 900

Estimated Bad debts expense=$32,400

7 0
3 years ago
Which Law, Public Safety, and Security worker is most likely employed by a private business?
barxatty [35]

Answer:

a Security Guard at the Mall of America in Minnesota

Explanation:

Since the Mall of America <u>is not a state-owned business</u> (it is managed by the Triple Five Group, a private company), a security guard working for the Mall of America is employed by a private business.

The FBI, the state of Massachusetts and the US Supreme Court are all <em>government entities</em> (public sector), so their employees are not employed by a private business.

8 0
3 years ago
Read 2 more answers
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