Watson Company has monthly fixed costs of $81,000 and a 40% contribution margin ratio. If the company

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

Question:

Watson Company has monthly fixed costs of $81,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $14,800, what dollar amount of sales must be made to produce the target income?

Related Book For answer-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

See More Books

Posted Date: Jan 03, 2021 01:36 PM

See More Questions

A manufacturer of DVD players has monthly fixed costs of $9800 and variable costs of $65 per unit for one particular model. The company sells this model to dealers for $100 each. (a) For this model...
Malibu Corporation has monthly fixed costs of $63,000. It sells two products for which it has provided the following information: a. What total monthly sales revenue is required to break even if the...
Malibu Corporation has monthly fixed costs of $96,000. It sells two products for which it has provided the following information: a. What total monthly sales revenue is required to break even if the...
Using Figure 7-5 as an example, redraw Figure 7-12 using an enterprise information system that processes a shared database. Explain the advantages of this system over the paper-based system in Figure...
Calculate the maturity value of $2000 invested in a five-year compound-interest GIC earning 4.1% compounded annually.
Some of the most recent financial statements for Hyland Pty Ltd are shown below. Additional information 1. All purchases and sales of inventories are on credit. 2. On 1 July 2024, the shareholders...
The manager of a newly established department store asked the accountant to make recommendations regarding reports which should be produced for management use. The accountant was adamant that a...
The stockholders equity section of Villa Corporations balance sheet as of December 31, 2013, follows. Contributed capital: Common stock , $4 par value, 500,000 shares authorized, 200,000 shares...
1. Using the academic literature on ethics: a. Define ethics. b. Use the definition to identify the positive and negative ethical issues raised in the Psychopathic Leadership case study. c. Discuss...
The article What Readers Say about Marijuana (Parade, July 31, 1994, p. 16) reported More than 75% of the readers who took part in an informal PARADE telephone poll say marijuana should be as legal...
Answer any three of the following questions. Give a proper 3-SENTENCE ANSWER. Submit on Blackboard. Explain: complexity makes it harder to have reliable if-then expertise. Explain: design decisions...
Utilitarians would say that jeopardizing motorists does not by itself make Ford's action morally objectionable. The only morally relevant matter is whether Ford gave equal consideration to the...
Develop a solid waste recycling program for your company/ community. The recycling program should cover the location, size and estimated quantities. Evaluate source reduction and recycling programs...
The sum of eight consecutive odd numbers is 656. The average of four consecutive even numbers is 87. What is the sum of the smallest odd number and second largest even number?
Discuss the role of regulation and antitrust laws as used by the government to control market failure in the health market.
Use the phase diagram of Substance X below to find the melting point of X when the pressure above the solid is 2.3 atm. pressure (atm) 2.8. 0C 1.4 0 solid liquid 200 gas temperature (K) Note: your...
In the Boulder Dry Company Contract what provisions seem totally unrelated to the main purpose?
g(x) = x 5 5x 6 a. Show that g(x) = 0 has a root, , between x = 1 and x = 2. b. Show that the equation g(x) = 0 can be written as x = (px + q) 1/r , where p, q and r are integers to be found. The...
For what value of c does f0 c/e 0.5t dt = 1?
A concert promoter needs to make $42,000 from the sale of 1800 tickets. The promoter charges $20 for some tickets and $30 for the others. Let x represent the number of $20 tickets and y represent the...
Suppose a mining company will supply 100,000 tons of ore per month if the price is $30 per ton but will supply only 80,000 tons per month if the price is $25 per ton. Assuming that the supply...
When a honeybee flies through the air, it develops a charge of +17 pC. How many electrons did it lose in the process of acquiring this charge?
Falling raindrops frequently develop electric charges. Does this create noticeable forces between the droplets? Suppose two 1.8 mg drops each have a charge of +25 pC; these are typical values. The...
A housefly walking across a surface may develop a significant electric charge through a process similar to frictional charging. Suppose a fly picks up a charge of +52 pC. How many electrons does it...

Watson Company has monthly fixed costs of $81,000 and a 40% contribution margin ratio. If the company

Question:

Expert Answer:

Target income sale Fixed ex... View the full answer

Mathematical Applications for the Management Life and Social Sciences

Students also viewed these accounting questions