If costs are 90% of sales (and profit is 10%), what is the amount of extra sales

Fantastic news! We've Found the answer you've been seeking!

Question:

If costs are 90% of sales (and profit is 10%), what is the amount of extra sales needed to equal $1,200 in profit from purchasing cost savings efforts?

Related Book For answer-question

Management Accounting Information for Decision-Making and Strategy Execution

ISBN: 978-0137024971

6th Edition

Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young

See More Books

Posted Date: Oct 30, 2023 06:06 AM

See More Questions

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
Many states are now imposing severance taxes on resources being extracted within their borders. In order to understand the effect of these on the allocation of the mineral over time, assume a stable...
Draw a three-circle Venn diagram and shade the portion corresponding to the set. 1. R S T' 2. R' S' T 3. R (S T) 4. R (S T)
Your finished work should be submitted in Microsoft word format, i.e., .doc file, and is named as required. For Example, if Betty Jones and John Smith finish project 2 individually, they should be...
The criterion for equilibrium for a chemically reacting system (a) Is independent of the laws of thermodynamics (b) Is obtained from the first and second laws of thermodynamics (c) Can not be...
1. How would you classify L.L.Bean in terms of competitive position? Why? 2. Is L.L.Bean a market-centered company? Support your answer. 3. Evaluate L.L.Bean according to Treacy and Wiersema's value...
There are n undergraduate students and k departments at some university. The Student Senate must have k students, one from each department. It also should have k freshmen, k sophomores, kg juniors,...
Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. BULLDOG, INC. BULLDOG, INC. Statement of Stockholders' Equity Year ended Dec. 31, 2021 Income...
You learned about the concept of legal precedent and the doctrine of stare decisis, and we explored the role these principles play in the U.S. legal system. Address the following prompts: Summarize...
Shapiro Inc. was incorporated in 2015 to operate as a computer software service firm with an accounting fiscal year ending August 31. Shapiros primary product is a sophisticated online...
The following facts pertain to a non-cancelable lease agreement between Faldo Leasing Company and Shigeki Company, a lessee. The lessee assumes responsibility for all executory costs, which are...
Presented below and are four independent situations. (a) On December 31, 2015, Beard Inc. sold computer equipment to Barber Co. and immediately leased it back for 10 years. The sales price of the...
On February 20, 2015, Marcos Group purchased a machine for R$$1$,200,000 for the purpose of leasing it. The machine is expected to have a 10-year life, no residual value, and will be depreciated on...
On January 1, 2015, a machine was purchased for $$900$,000 by Floyd Co. The machine is expected to have an 8-year life with no residual value. It is to be depreciated on a straight-line basis. The...
You're close to signing a new client to a large contract. Your boss is under pressure to increase sales. He calls you into his office, tells you his job is on the line and asks you to record the...
Do animals have rights? If so, what are they? What duties do human beings have toward animals? Does KFC protect animal welfare at an acceptable level?
Consider the operation of a fast-food company with hundreds of retail outlets scattered about the country. Consider the descriptions of management accounting provided in the chapter to identify...
List and describe the five stages of a hierarchy for categorizing customer satisfaction and loyalty. Which companies that you know or deal with as a consumer create the highest form of loyalty for...
Why do a companys operators/workers, managers, and executives have different informational needs than shareholders and external suppliers of capital?
Calculate the correlations among all numeric variables in Exercise 9.1 using SPSS, or R. (In R read in the data as a data.frame (e.g., theData) and then use (cor(theData). You dont need to attach...
Using one of the online calculators, how large a correlation would you need for the relationships shown in Exercise 9.2 to be significant? (This will involve a bit of trial and error.) Calculate the...
What are the strongest single predictors of infant mortality in Exercise 9.2? Exercise 9.2 Calculate the correlations among all numeric variables in Exercise 9.1 using SPSS, or R. (In R read in the...

If costs are 90% of sales (and profit is 10%), what is the amount of extra sales

Question:

Expert Answer:

To determine the amount of extra sales needed to equal 1200 i... View the full answer

Management Accounting Information for Decision-Making and Strategy Execution

Students also viewed these general management questions