1 Selling price per unit $35 VC per unit $11 Fixed Cost $43,000 Sales volume or units...

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

Question:

1 Selling price per unit $35 VC per unit $11 Fixed Cost $43,000 Sales volume or units sold or sales in unit 19,000 1) Please calculate the Total Sales, Total VC, Total CM and Net Income 2) if removing the sales person monthly salary $7,700, and giving $7 per speaker sold commission, the sales volume increase by 35%, please calculate the new income statement 3) What is the CM ratio (using the original info provided) ? 4) What is the Break-even point in unit and in dollars(using the original info provided)? Q2 ABC business had $726,000 total sales in 2019 and 55% CM ratio. If its sales is to be increased by $80,000 in 2020, please calculate how much will increase in its net income in 2020

Posted Date: May 18, 2024 09:14 AM

See More Questions

SG Company acquired 80% of Popsters Company on January 1, 2019, when the stockholders equity of Popsters consisted of: Ordinary shares, P100 par P500,000 Paid in capital in excess of par 400,000...
Why is sales not always a good measure to use in forecasting fixed assets?
Refer to the data for Whirled Corporation in BE13-11 and BE1312. Prepare Whirled Corporations entry to record its payroll-related payment to the CRA. IN BE, Whirled Corporations weekly payroll of...
Using the following data for Evans \& Sons, calculate the cash paid for merchandise purchased: Cost of goods sold. Inventory, January 1. Inventory, December 31 $128,000 19,000 22,000 Accounts...
John Savage has obtained a short-term loan from First Carolina Bank. The loan matures in 180 days and is in the amount of $45,000. John needs the money to cover start-up costs in a new business. He...
Consider an OFDM wireless technology with 20 subcarriers in which only 10 subcarriers are used for data transmission. Assume a 3/4 code rate, 256-QAM, and a symbol duration of 2s. What is the...
The 2000 Libertarian Party96 Platform asserts "Government interference in transportation is characterized by monopolistic restriction, corruption and gross inefficiency. We therefore call for the...
Present a 2 to 4 minute (closer to 4 minutes than to 2) speech to inform the audience on why you chose your career or field of study . Describe the scope and principal features of the field and...
How do you find the following answers: Bottom Quartile - ROA Bottom Quartile Upper Limit - ROA Average Goodwill/Total Assets Average Goodwill/Total Assets - Bottom Quartile ROA Bottom 50%-ROA Bottom...
In a couple of paragraphs, identify two interpersonal situations in which you communicate competently (effective and appropriate), and two in which you feel that your competence is less than...
1 ezt 9. Show that 2 z 2 +1 dz = sint if t> 0 and C is the circle |2| = 3. eiz 10. Evaluate f dz where C is the circle || = 2. (5) (5)
Simplify: -1(x-1) - (6x + 2) 11/(6x 2 I
A and B entered into an agreement to carry on a business of manufacturing and selling toys. Each one of them contributed Rs.35 lakhs as their capital with a condition that A and B will share the...
The vapor pressure of the liquid NH, is measured at different temperatures. The following vapor pressure data are obtained. Temperature, K P, mmHg 217.1 223.4 234.7 588.1 Calculate the enthalpy of...
Salanger Manufacturing Corporation produces a dandruff shampoo in three consecutive processes. The costs of Department 1 for June 2019 were as follows: Department 1 handled the following units during...
Evans Company processes a scouring powder through its Compounding Department and Packaging Department. In the Compounding Department, direct materials are added at the beginning of the process, and...
Summers Manufacturing Corporation produces chemical products using a continual process. Summers uses the weighted average method for process costing. All manufacturing is accomplished in one...

1 Selling price per unit $35 VC per unit $11 Fixed Cost $43,000 Sales volume or units...

Question:

Expert Answer:

Students also viewed these general management questions