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Alexxx [7]
3 years ago
14

Cost volume profit can be used to calculate the sales dollars or sale units needed to achieve a target profit. Which statement i

s​ false?
A. The only way to calculate the sales revenue needed to achieve a target profit is by using the formula provided in class
B. Once the units are determined to achieve a target​ profit, simply multiply it by the sales price per unit to obtain the sales revenue needed to achieve the target profit.
C. To calculate the units needed to achieve a target profit simply calculate the breakeven in units but change the fixed expenses in the formula to fixed expenses plus the target profit.
D. To calculate the sales needed to achieve a target profit simply calculate the breakeven in dollars but change the fixed expenses in the formula to fixed expenses plus the target profit.
Business
1 answer:
Elena-2011 [213]3 years ago
5 0

Answer:

A. The only way to calculate the sales revenue needed to achieve a target profit is by using the formula provided in class

Explanation:

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Svetllana [295]

Answer:

Following are the responses to the given question:

Explanation:

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7 0
3 years ago
At december 31, gill co. reported accounts receivable of $244,000 and an allowance for uncollectible accounts of $1,350 (credit)
konstantin123 [22]
Given:
<span>accounts receivable of $244,000
allowance for uncollectible accounts of $1,350 (credit)

1% of the accounts receivable should be the value of the allowance for uncollectible accounts. 

244,000 x 1% = 2,440

2,440 - 1,350 = 1,090

Adjusting entry:
                                           Debit                    Credit
Bad Debt Expense             1,090
        Allowance for uncollectible accounts       1,090</span>
4 0
3 years ago
Gloria is saving for her daughter’s college education. She wants to have $100,000 available when her daughter graduates from hig
Helen [10]

Answer:

The correct answer is that Gloria would have to invest $75,581 today at the rate of 7.25 % to receive $100000 in four years,hence option is correct

Explanation:

FV=PV(1+r)^t

FV=$100000

PV= is unknown

r=7.25%

t=4years

PV=FV/(1+r)^t

PV=100000/(1+0.0725)^4

=$75581

Hence the amount Gloria has to invest today is $75581

4 0
3 years ago
What is the present value of the following series of payments: $300 made at the end of every year starting in year 1 and ending
grandymaker [24]

Answer:u are a wierdo mister

Explanation:u dont need brainly

JK

8 0
3 years ago
If the company budgets to need 4000 units to sell for a month, has a beginning inventory of 1000 units and a desired ending inve
Alecsey [184]

Answer:

5,500 units

Explanation:

The computation is shown below:

Given that

Need to sell the units in a month = 4,000 units

Beginning inventory = 1,000 units

Desired ending inventory = 2,500 units

So, by considering the above information, the units to be produced is

= Desired ending inventory + need to sell the units in a month - beginning inventory

= 2,500 units + 4,000 units - 1,000 units

= 5,500 units

5 0
3 years ago
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