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timofeeve [1]
2 years ago
13

Sunlight Design Corporation sells glass vases at a wholesale price of $4.50 per unit. The variable cost to manufacture is $1.75

per unit. The monthly fixed costs are $8500. Its current sales are 29,000 units per month. If the company wants to increase its operating income by 20 % , how many additional units must it sell? (Round any intermed iate calculations to two decimal places and your final answer up to the nearest whole unit.) A) 34,182 glass vases C) 8500 glass vases 9 B) 130,500 glass vases D) 5182 glass vases
Business
1 answer:
guapka [62]2 years ago
3 0

Answer:

D) 5182 glass vases

Explanation:

<em>Contribution per glass vases:</em>

$4.5 selling price - $ 1.75 variable cost= 2.75

<em>Operating income:</em>

29,000 units x $ 2.75 - $ 8,500 = $71,250 operating income

<em>Target income is to obtain a 20% increase:</em>

71,250 x (1 + 20%) = 85,500 target income:

<em>units needed for target income:</em>

(85,500 target income + 8,500 fixed cost) / 2.75 contribution per unit= 34.181,81

aditional glass vases needed for target income:

34,182 - 29,000 = 5,182

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blondinia [14]

Answer:

interest rate =  15%

value of the bond will decrease

Explanation:

given data

face value = $5,000

time = 5 year

annual coupon payment = $150

solution

we get here interest rate on the borrowed funds that will be as

interest rate = \frac{annual\ coupon}{face\ value/time}  × 100

put here value we get

interest rate =  \frac{150}{\frac{5000}{5} }  × 100

interest rate =  15%

and

when bond issued at interest rate =  3 %

but market interest rate 4%

so seller will reduce price of bond less than the face value

because we will look for atleast 4% payout when bond matures

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6 0
3 years ago
During December of Year 1, Nile Co. incurred special insurance costs but did not record these costs until payment was made durin
o-na [289]

Answer:

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Explanation:

Rules specify that contingent liabilities should be recorded in the accounts when it is probable that the future event will occur and the amount of the liability can be reasonably estimated. This means that a loss would be recorded (debit) and a liability established (credit) in advance of the settlement.

4 0
2 years ago
If you were Marshall, what types of concerns would you want to be sure to bring up with the accountant?
damaskus [11]

Answer:

If I would be a Marshal, I would like succeeding apprehensions should to be indisputable with accountant.

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3 years ago
Today is MultipleThanker9 birth day now say happy birth day to her
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Answer:

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4 0
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A company has a selling price of $1,650 each for its printers. Each printer has a 2 year warranty that covers replacement of def
neonofarm [45]

Answer:

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Therefore for computing the warranty expense for the month of November we simply applied the above formula.

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