Business, 25.10.2019 22:43 kenzierosa

Cost volume profit can be used to calculate the sales dollars or sale units needed to achieve a target profit. which statement is false?
a. the only way to calculate the sales revenue needed to achieve a target profit is by using the formula provided in class
b. once the units are determined to achieve a target profit, simply multiply it by the sales price per unit to obtain the sales revenue needed to achieve the target profit.
c. to calculate the units needed to achieve a target profit simply calculate the breakeven in units but change the fixed expenses in the formula to fixed expenses plus the target profit.
d. to calculate the sales needed to achieve a target profit simply calculate the breakeven in dollars but change the fixed expenses in the formula to fixed expenses plus the target profit.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 16:00

Which plan offers a tax-free education?

Answers: 1

Answer

Business, 22.06.2019 20:00

Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?

Answers: 2

Answer

Business, 22.06.2019 20:50

The following accounts are from last year’s books at s manufacturing: raw materials bal 0 (b) 157,400 (a) 172,500 15,100 work in process bal 0 (f) 523,600 (b) 133,700 (c) 171,400 (e) 218,500 0 finished goods bal 0 (g) 477,000 (f) 523,600 46,600 manufacturing overhead (b) 23,700 (e) 218,500 (c) 27,700 (d) 159,400 7,700 cost of goods sold (g) 477,000 s manufacturing uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. what is the amount of cost of goods manufactured for the year

Answers: 3

Answer

Business, 23.06.2019 00:10

The food services division of cedar river amusement park inc. is studying the amount families who visit the amusement park spend per day on food and drink. a sample of 40 families who visited the park yesterday revealed they spent the following amounts: see worksheet 1 for data and answer the following questions: a. organize the data into a frequency distribution, using seven classes and 15 as the lower limit of the first class. what class interval did you select? b. what percent of families spent less than $45? c. what percent of families spent $55 or more? d. how many families spent from $65 to 74.99?

Answers: 3

Answer

You know the right answer?

Cost volume profit can be used to calculate the sales dollars or sale units needed to achieve a targ...

Questions