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Elis [28]
3 years ago
6

The CEO of RV USA is trying to estimate sales based on a budgeted target profit before taxes of $150,000. If unit contribution m

argin is $5,000, total sales in June are estimated at $900,000 and fixed costs are $500,000, how many RVs must be sold to attain the target profit before taxes?
Business
1 answer:
vampirchik [111]3 years ago
8 0

Answer:

The number of RVs must be sold to attain the target profit before taxes: 130 units

Explanation:

The number of units must be sold to meet the target profit figure are calculated by using following formula:

The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.

RV USA estimates target profit before taxes of $150,000. Unit contribution margin is $5,000 and fixed costs are $500,000.

The number of units must be sold = ($500,000 + $150,000)/$5,000 = 130 units

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B,C,E,F

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3 years ago
Diana invests $11,000 into two accounts. One account earns 9% interest and the other earns 15% interest. After one year her tota
inysia [295]

Answer:

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7700

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3 years ago
The notion that "turmoil and external recklessness" are inevitable components of adolescence is:
bulgar [2K]
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3 years ago
Paul Hyatt owns and operates DeepClean, a Florida-based company that cleans up mold and mildew in homes and businesses. As the s
aivan3 [116]

Answer:

Paul Hyatt is fully liable for all business debts

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6 0
3 years ago
ssume that Spacey Company uses a periodic inventory system and has these account balances: Purchases $404,000, Purchase Returns
tiny-mole [99]

Net purchases including Freight-in and cost of goods purchased were $3666,000.

calculation:-

Purchases $404,000

Purchase Returns and Allowances $13,000

Purchase Discounts of $9,000,

Freight-In $16,000.

Net purchases and cost of goods purchased = ( $404,000 - $13,000 -$9,000 -  $16,000.)

Freight-in is the cost incurred to ship finished goods to a distributor or retailer. Freight-in is considered a selling expense and is expensed when incurred.

Freight-out is the cost of delivering finished goods to a customer. The cost of freight charges paid to ship goods sold to customers is called freight-out, and it is paid by the seller, not by the purchaser.

The shipping cost is to be paid by the buyer of merchandise purchased when the terms are FOB shipping point. Freight-in is considered to be part of the cost of the merchandise and should be included in inventory if the merchandise has not been sold. It is a direct expense and is thus debited to the trading account.

Learn more about  Freight-In here:-brainly.com/question/24920251

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2 years ago
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