If Oui watches sells 300 watches at $48 per watch and has variable costs of $18 per
Question:
If Oui watches sells 300 watches at $48 per watch and has variable costs of $18 per watch and fixed costs of $4,000, what is the projected profit?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
Profit Contributio...View the full answer
Answered By
Ajeet Singh
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions.
I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life.
I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge.
I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields.
Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a teacher. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students.
4.90+
7+ Reviews
15+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
ABC Company had the following beginning balances: Raw materials, $1,000. Work in process inventory, $4,000 Finished goods inventory, $6,000 Accounts payable, $500. During the month, ABC had the...
-
If Bronx Watches sells 300 watches at $38 per watch and has variable costs of $18 per watch and fixed costs of $4,000, what is the projected profit?
-
What is the projected impact on the per unit demanufacturing cost of a 50% increase in training costs coupled with a 90% increase in transportation costs? What is the revised cost reduction...
-
Amy is domiciled in the UK and has lived in the UK all her life. On 1 January 2020 she leaves to work in Australia for two years, returning on 31 December 2021. During her absence she makes no visits...
-
What are unemployment taxes?
-
The data in Table 16 represent the temperature of a pizza removed from an oven measured in 5-minute intervals. (a) Draw a scatter diagram of the data treating time, x, as the explanatory variable....
-
Use the Poisson distribution to approximate the binomial probability \(b(1 ; 100,0.02)\).
-
Jordans Furniture is a unique retail chain. In fact, every one of its stores in New England is uniqueand highly profitable. And thats what caught the eye of Warren Buffett, the head of conglomerate...
-
You have a computer system where a customer wants the device to be changed from being a magnetic hard drive to an SSD using a M.2 interface. The desktop computer does not have a M.2 slot. Is what the...
-
The graph in Figure represents various flows that can occur through a sewage treatment plant with the numbers on the arcs representing the maximum flow (in tons of sewage per hour) that can be...
-
Using the contribution margin approach, find the breakeven point in units for Sardinia Companys two products. Product As selling price per unit is $10, and its variable cost per unit is $4. Product...
-
Guy Spy, a private investigation firm, investigated 91 cases in December and had the following costs: direct labor, $190 per case; and service overhead of $20,840. Service overhead for October was...
-
Solve each equation. 4x x 2 3 + -6 x - 2x
-
Briefly, how is a project cash flow analysis constructed?
-
Describe provider incentives and risks under each of the following reimbursement methods: a. Cost-based b. Charge-based, including discounted charges c. Prospective payment d. Capitation
-
What are the four steps in capital investment financial analysis? Briefly describe them.
-
Why is financial statement analysis typically accompanied by an operational analysis?
-
What is the primary difference between sections 2 and 3 of the financial plan?
-
When gasoline prices rise, accident rates fall. Provide two reasons this might be true.
-
On October 31 Juanita Ortega, owner of Outback Guide Service, received a bank statement dated October 30. Juanita found the following: 1. The checkbook has a balance of $2,551.34. 2. The bank...
-
True or false? (a) The vectors v and 2v are parallel. (b) The vectors v and 2v point in the same direction.
-
Use the following excerpts from Yardley Companys financial information to prepare a statement of cash flows (indirect method) for the year 2018. Sales Cost of Goods Sold Operating Expenses, other...
-
Use the following information from Denmark Companys financial statements to determine operating net cash flows (indirect method). Net income Depreciation Loss on sale of land Decrease in accounts...
-
Use the following excerpts from Stern Companys financial information to prepare a statement of cash flows (indirect method) for the year 2018. Cash Account Receivable Merchandise Inventory Plant...
-
Information that does not have an adjustment reason code to route payments into the correct bank accounts to relay about patient benefit coverage to indicate the amount being paid and the date of...
-
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): Selling expenses Purchases of raw materials Direct labor...
-
The art of negotiation is especially important when working in an international business setting. Negotiating a successful contract is a highly valuable skill that is to be attained by working on...
Study smarter with the SolutionInn App