Dee Company has fixed costs of $43,000 and the following sales mix Using this same sales mix, calculate the required sales (in dollars) to earn a target income of$50,000 Product B Product C Product A Sales revenue Less variable costs Contribution margin $40,000 35,000 $ 5,000 $30,000 $85,000 20,000...

The given data can be expanded to provide more information as follows Product A Pr ...

Dee Company has fixed costs of $43,000 and the following sales mix: Using this same sales mix,

Question:

Dee Company has fixed costs of $43,000 and the following sales mix:

Product B Product C Product A Sales revenue Less variable costs Contribution margin $40,000 35,000 $ 5,000 $30,000 $85,0

Using this same sales mix, calculate the required sales (in dollars) to earn a target income of$50,000.

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

Step by Step Answer:

Related Book For book-img-for-question

Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

See More Books

Question Posted: Dec 28, 2011 04:30 AM

See More Questions

A T-shirt company has fixed costs of $25,000 per year. Each T-shirt costs $8.00 to produce and sells for $12.50. How many T-shirts must the company produce and sell each year in order to make a...
A company has fixed costs of $90,000. Its contribution margin ratio is 30% and the product sells for $75 per unit. What is the company's break-even point in dollar sales?
A company that produces 10,000 units has fixed costs of $300,000, variable costs of $50 per unit, and a sales price of $85 per unit. After learning that its variable costs will increase by 20...
During a worldwide recession in 1983, the oil cartel began to lower prices. Why would a recession make the cartel more vulnerable to price cutting? How would the reduced demand be shared between the...
What three factors have the drafters of U.S. tax laws considered in determining the scope of U.S. tax jurisdiction? Explain the importance of each factor?
When reference is made to amortised cost, what exactly is being amortised? A. Asset value B. Appropriations C. A discount or premium D. Cost of the liability
Consider the heat treating data in Table B.12. Split the data into prediction and estimation data sets. a. Fit a model to the estimation data set using all possible regressions. Select the minimum...
Chung, Inc., is preparing its direct labor budget for 2012 from the following production budget based on a calendar year. Each unit requires 1.6 hours of direct labor.InstructionsPrepare a direct...
Armando Corporation consists of two manufacturing divisions: Crater Division and Dollar Division. The Crater Division manufactures and transfers partially processed components to the Dollar Division...
Q1. Write an algorithm and draw a flow chart to check whether the given number is equal to 5 or greater than 5 or less than 5. (2 Marks) Q2. Write an algorithm and draw a flow chart to calculate the...
What effect is a change in the sales mix likely to have on a firms overall contribution margin ratio?
If you experience much higher sales than expected this year, which kind of operating leverage would you like to have in your company for profit maximization? a. High operating leverage b. Low...
Why have the EEOC and courts not produced a more definitive statement regarding the legality of the practices of firms like Hooters? Are males being disadvantaged by Hooters employment practices or...
4) There are 125 students enrolled in statistics at CCC this semester. The math department wants to take a simple random sample (SRS) of 10 of those students. How may the department accomplish this
The portfolio steering committee is considering selecting Project A. The committee expects the project will produce a one-time benefit of 2.5 Million Dollars three years from now. The interest rate...
When Cramer's Rule is used to solve a 2 x 2 linear system by using determinants to find x and y as:x = frac ( sub ( D , x ) , D ) , y = frac ( sub ( D , y ) , D ) and D = 0 , then the system is...
If you are 29 miles due west of Denver and your friend is 20 miles due north of Denver, what is the shortest distance from your friend to you ?
The conduction velocity of an unmyelinated neuron is 2 metres/second (m/s), while the velocity in a myelinated neutron is 120 m/s. how many milliseconds (ms) would it take for a nerve impulse to...
Goal linear programming is an extension of an LP that aims to optimise, instead of satisfying, what is stated in the objective function. a. True b. False
Bobbie Singh provides writing services for small businesses. He blogs for companies that need professionally written content. His business records at November 15, 2023, are shown below: During the...
The following limit could be helpful: lim 1+ n0 n n = e.
Compute the specified ratios using Faustin Companys balance sheet for 2014. Assets Cash .............. $ 18,000 Marketable securities ......... 12,000 Accounts receivable ........ 25,000 Inventory...
The following percentages apply to Safin Company for 2014 and 2015. Required Assuming that sales were $400,000 in 2014 and $480,000 in 2015, prepare income statements for the twoyears. 2015 2014...
Financial statements for Revnik Company follow. Questions next page Required Prepare a horizontal analysis of the balance sheet and income statement for 2015 and 2014. Round percentages to one...
After being drafted in the first round of the NFL draft, a star defensive end invests his signing bonus of $9,827,000.00 in a mutual fund. The fund pays on average 7.00% APR. The player will not...
XYZ Co has plans to issue 7,000, Eleven percent Debentures of Rs.100 each at a discount of 5%. The debentures are redeemable after 4 years and the commission payable to brokers & underwriters is Rs....
Denise and Richard Deleon want to buy a house for $375,000. They can make a down payment of $100,000 from a combination of their RSPs ($25000 each under the Home Buyers program) and wedding gifts...

Dee Company has fixed costs of $43,000 and the following sales mix: Using this same sales mix,

Question:

Product B Product C Product A Sales revenue Less variable costs Contribution margin $40,000 35,000 $ 5,000 $30,000 $85,000 20,000 $20,000 $10,000

Step by Step Answer:

The given data can be expanded to provide more information as follows Product A Pr...View the full answer

Accounting concepts and applications

Students also viewed these Managerial Accounting questions