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Inessa05 [86]
3 years ago
8

CompuTop Company sells toy laptop computers for $30 each. If the variable cost for each laptop is $20 and fixed costs total $25,

000, how much sales in dollars must it sell to generate a target income of $66,667
Business
1 answer:
Elena L [17]3 years ago
8 0

Answer:

the sales in dollars sell to generate the target income is $183,334

Explanation:

The computation of the sales in dollars sell to generate the target income is shown below:

= (Fixed cost + target income) ÷ (selling price - variable cost) ÷ selling price

= ($25,000 + $66,667) ÷ ($30 - $20) ÷ $20

= $91,667 ÷ 50%

= $183,334

Hence, the sales in dollars sell to generate the target income is $183,334

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the organization's formal and informal practices

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<h3>What does the curve of the production possibility frontier represent?</h3>

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8 0
1 year ago
These financial statement items are for Snyder Corporation at year-end, July 31, 2017. Salaries and wages payable $2,580 Salarie
tatiyna

Answer:

Net loss = (6,700)

Explanation:

According to the scenario, computation of the given data are as follow:-

Income Statement

Particular                                        Amount ($)

Revenue from Service                         62,100

Revenue from Rent                         8,500

Less-Salaries and wages expenses   (50,700)

Less-Utilities expenses                       (22,600)

Less-Depreciation expenses       (4,000)

Net loss                                               (6,700)

6 0
3 years ago
On march 1, year 1, roland doe bought 200 shares of gummit stock at $40 per share. on april 1, year 2, roland sold short (sold w
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1,000 long term capital gain

Explanation:

8 0
3 years ago
Knight Company reports the following costs and expenses in May.
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Answer:

A. Consider all indirect manufacturing costs

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C) Period costs.

Consider non manufacturing costs

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