Deines plc has fixed costs of 480,000. It has a unit selling price of 6, unit variable
Question:
Deines plc has fixed costs of £480,000. It has a unit selling price of £6, unit variable costs of £4.40, and a target net income of £1,500,000. Compute the required sales in units to achieve its target net income.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 45% (11 reviews)
Contribution margin ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
Question Posted:
Students also viewed these Business questions
-
The Eatery is a restaurant in DeKalb, Illinois. It specializes in deluxe sandwiches in a moderate price range. Michael Raye, the manager of The Eatery, has determined that during the last 2 years the...
-
Ger Corporation has fixed costs of $480,000. It has a unit selling price of $6, unit variable cost of $4.50, and a target net income of $1,500,000. Compute the required sales in units to achieve its...
-
Multiple Choice Questions 1. In linear breakeven analysis, if a company expects to operate at a point above the breakeven point, it should select the alternative: (a) With the lower fixed cost (b)...
-
Name the types of consumer decision-making processes. List some products you have bought using each type. Have you ever bought a product on impulse? If so, describe the circumstances.
-
Verify the commutator identities (5.1)-(5.5). [A, Av 0,2,3, (5.2) (5.3) A, B + C] = [A, B] + [A, C [A, Bc] = [A, B] C + BLA, Cl
-
In Exercises 1 and 2, use inequalities to describe the given interval. f -2 3
-
Consider the following cash flow profile and assume MARR is 10 percent/year. a. Determine the IRR(s) for this project. b. Is this project economically attractive? EOY 0 1 2 3 4 5 6 NCF -$101 $411...
-
Exhibits 1.261.28 of Integrative Case 1.1 (Chapter 1) present the financial statements for Starbucks for 20052008. Starbucks explains several components of its income during those years in the...
-
A 5-year housing project costing P500,000 is projected to give the following annual returns: Year 1 - P 75,000 Year 2 - 150,000 Year 3 - 225,000 Year 4 - 300,000 Year 5 - 350,000 Will you accept the...
-
Curtis Hamilton started a new business and completed these transactions during December. Dec. 1 Curtis Hamilton transferred $56,000 cash from a personal savings account to a checking account in the...
-
For Astoria Equipment, actual sales are R1,000,000, and break-even sales are R800,000. Compute (a) the margin of safety and (b) the margin of safety ratio.
-
Tian Yang recently opened her own basket weaving studio. She sells finished baskets in addition to the raw materials needed by customers to weave baskets of their own. Tian has put together a variety...
-
How are the payoffs to buying a call option related to the payoffs from writing a call option?
-
Is this exception to standard VFR weather minimums a good idea that helps facilitate the movement of air traffic? Do you personally think that SVFR is a safe practice that you would consider using?...
-
10.3 Compute the velocity of transverse wave propagation in a cable of mass density 4 kg/m with a tension of 4500 N.
-
1) Let A=(2,2,3), B = (5,-1,4) and C = (1,7,5). a) Find whether vectors A, B and C are linearly dependent/independent. b) Find ker(M) where columns of matrix M are vectors A, B and C.
-
Doug wants to go into the donut business. For $700 per month he can rent a bakery complete with all the equipment he needs to make a dozen different kinds of donuts (K=l). He must pay unionized donut...
-
April buys some items at a giftshop and writes a check to the shop on her account at Park Bank. Who is the drawee?
-
The following is an alphabetical list of Tse's Tater Tots' adjusted account balances at the end of the company's fiscal year on December 31, 2017: Additional information: 1. Tse's Tater Tots uses a...
-
The production budget of Artest Company calls for 80,000 units to be produced. If it takes 30 minutes to make one unit and the direct labor rate is $16 per hour, what is the total budgeted direct...
-
Identify the account(s) debited and credited in each of the four closing entries, assuming the company has net income for the year.
-
Identify the account(s) debited and credited in each of the four closing entries, assuming the company has net income for the year.
-
Identify the account(s) debited and credited in each of the four closing entries, assuming the company has net income for the year.
-
Terminal value is when a project's cash flows are arbitrarily truncated. Question 15 options: True False
-
Kevin and his best buddy, Aaron, own a sporting goods store in Aspen, Colorado. They each make $ 5 , 1 0 0 in personal monthly income by selling ski gear, clothes, hiking accessories, and other...
-
Please answer there questions in excel and show how you did it for example fv=b3,b3/b7, something like that show and make sure ik what problem you are doing like this answer is for the first one and...
Study smarter with the SolutionInn App