Oriole Company's break-even point in sales dollars is $600,000. Assuming fixed costs are $204,000, what sales...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Oriole Company's break-even point in sales dollars is $600,000. Assuming fixed costs are $204,000, what sales revenue is needed to achieve a target net income of $85,000? Oriole Company's break-even point in sales dollars is $600,000. Assuming fixed costs are $204,000, what sales revenue is needed to achieve a target net income of $85,000?
Expert Answer:
Answer rating: 100% (QA)
To solve this problem we need to find the total revenue required to achieve the target net income of ... View the full answer
Posted Date:
Students also viewed these accounting questions
-
Ethiopian Civil Service University Department of Public Financial Management and Accounting Advanced Cost and Management Accounting Work Sheet on Chapter I, II and III General instruction: Attempt...
-
Huang Companys break-even point in sales dollars is $500,000. Assuming fixed costs are $180,000, what sales revenue is needed to achieve a target net income of $90,000?
-
What constant should replace the question mark in this system so that the solution set is {(1, 1, 1)}? 2x - 3y + -5x + 2y z = 0 - 2 = x + y + 2z = ? 4 -4
-
State the Taylor rule. What does the rule predict will happen to the Fed funds rate in each of the following situations? a. Inflation is 2 percent, the inflation target is 3 percent, and output is 2...
-
(a) From what Grignard reagent can 3-methl-l pentanol be prepared by reaction with ethylene oxide, then aqueous acid? (b) Give the structure of another epoxide and another higher-order curpate that...
-
Determine the illuminances (sun, sky, and ground-reflected) on a vertical, south-facing window at solar noon at \(36^{\circ} \mathrm{N}\) latitude on June 21 and December 21 for (a) a clear day (b)...
-
Jocey Manufacturing Company uses two departments to make its products. Department I is a cutting department that is machine intensive and uses very few employees. Machines cut and form parts and then...
-
A borrower obtains a $150,000 reverse mortgage on a house valued at $300,000 with monthly annuity payments over 10 years. The interest rate of the mortgage loan is 6%. If the monthly annuity payment...
-
Question 21 For the T Flip-flop timing diagram below, determine the value of the flip-flop output Q for each labeled point in time (A-B) assuming that Q is zero at time 0 and the clock is positive...
-
1. Explain how software defects affect system reliability and security. 2. Define computer crime. Provide two examples of crime in which computers are targets and two examples in which computers are...
-
What is return on expectations (ROE)? How can it be used to show the costs and benefits of training without collecting statistics and conducting analyses? Explain its strengths and weaknesses...
-
Everyone Does It Steven M. Cox and Shawana P. Johnson Jim Willis was the Vice President of Marketing and Sales for International Satellite Images (ISI). ISI had been building a satellite to image the...
-
Identify Chick-fil-A, Walmart and Nike's corporate strategies. Are their strategies clear and focused or difficult to define? When addressing the company's strategies, please clearly state what...
-
What is job satisfaction? Please explain and provide and example Why is job satisfaction important? Please explain What factors leads to job satisfaction? Please list the factors and explanation?...
-
Write a note on Lean Systems and Six Sigma. Write a lean system and six sigma implementation plan for an organization. Implement the theory on a real organization to improve operations. Write a...
-
Suppose that fraction used = / 1.0 + 0.1Mt. for some parameter 1. Write the discrete-time dynamical system and solve for the equilibrium. Sketch a graph of the equilibrium as a function of ....
-
Following are several tests of controls introduced in the chapter: Examine periodic reports by non-Purchasing Department personnel regarding purchase prices and practices. Observe Receiving...
-
Harold Brodkey plans to apply sequential sampling to the receiving controls used by the Ozyck Corporation, a December 31, 1999 year end manufacturer and supplier of home lighting fixtures. Based on a...
-
Few departments within a corporation, not-for-profit institution, or governmental entity can have quite as significant an influence on cost containment as Purchasing, since the purchasing function...
Study smarter with the SolutionInn App