Darby Company, operating at full capacity, sold 93,150 units at a price of $84 per unit...
Darby Company, operating at full capacity, sold 93,150 units at a price of $84 per unit during the current year. Its income statement for the current year is as follows:
Sales $7,824,600
Cost of goods sold 3,864,000
Gross profit $3,960,600
Expenses: Selling expenses $1,932,000
Administrative expenses 1,932,000
Total expenses 3,864,000
Income from operations $96,600
The division of costs between fixed and variable is as follows: Variable Fixed
Cost of goods sold Variable 70% Fixed 30%
Selling expenses Variable 75% Fixed 25%
Administrative expenses Variable 50% Fixed 50%
Management is considering a plant expansion program that will permit an increase of $672,000 in yearly sales. The expansion will increase fixed costs by $67,200, but will not affect the relationship between sales and variable costs.
Determine the maximum income from operations possible with the expanded plant. Enter the final answer rounded to the nearest dollar. (I HAVE ASKED THIS QUESTION ALREADY BUT I RECEIVED THE WRONG ANSWER)
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Darby Company, operating at full capacity, sold 93,150 units at
a price of $84 per unit...
Obj. 2, 3 Darby Company, operating at full capacity, sold 500,000 units at a price of...
Obj. 2, 3 Darby Company, operating at full capacity, sold 500,000 units at a price of $94 per unit during the current year. Its income statement is as follows: Show $ 47,000,000 25,000,000 $ 22,000,000 Sales ... Cost of goods sold...... Gross profit........ Expenses: Selling expenses............. Administrative expenses.... Total expenses ........ Income from operations......... $4,000,000 3,000,000 7,000,000 $15,000,000 Beration The division of costs between variable and fixed is as follows: Variable Cost of goods sold Selling expenses Administrative expenses Management...
Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 500,000 units...
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Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 150,400 units...
Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 150,400 units at a price of $81 per unit during the current year. Its income statement is as follows: Sales $12,182,400 4,320,000 Cost of goods sold Gross profit $7,862,400 Expenses: Selling expenses $2,160,000 Administrative expenses 1,296,000 Total expenses 3,456,000 Income from operations $4,406,400 The division of costs between variable and fixed is as follows: Variable Fixed Cost of goods sold 60% 40% Selling expenses 50% 50%...
Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 118,500 units at...
Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 118,500 units at a price of $126 per unit during the current year. Its income statement is as follows: Sales $14,931,000 Cost of goods sold 5,292,000 Gross profit $9,639,000 Expenses: Selling expenses $2,646,000 Administrative expenses 1,596,000 Total expenses 4,242,000 Income from operations $5,397,000 The division of costs between variable and fixed is as follows: Variable Fixed Cost of goods sold 60% 40% Selling expenses 50% 50%...
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Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 148,400 units at a price of $126 per unit during the current year. Its income statement is as follows: Sales $18,698,400 6,636,000 Cost of goods sold Gross profit $12,062,400 Expenses: Selling expenses Administrative expenses $3,318,000 1,974,000 Total expenses 5,292,000 Income from operations $6,770,400 The division of costs between variable and fixed is as follows: Variable Fixed Cost of goods sold 60% 4096 Selling expenses 50% 50%...
Howard Industries Inc., operating at full capacity, sold 64,000 units at a price of $45 per...
Howard Industries Inc., operating at full capacity, sold 64,000 units at a price of $45 per unit during the current year. Its income statement is as follows Cost of goods sold Gross profit Expenses: $2,880,000 1,400,000 1,480,000 Selling expenses $400,000 387,500 Total expenses.... Income from operations 787,500 692,500 The division of costs between variable and fixed is as follows: Cost of goods sold Selling expenses Administrative expenses Variable 75% 60% 80% Fixed 25% 40% 20% Management is considering a plant...
Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capaoity, sold 172,900 units...
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Howard Industries Inc., operating at full capacity, sold 64,000 units at a price of $45 per...
Howard Industries Inc., operating at full capacity, sold 64,000 units at a price of $45 per unit during the current year. Its income statement is as follows $2,880,000 1,400,000 $1,480,000 Expenses 400,000 387,500 787,500 692,500 Income from operations The division of costs between variable and fixed is as follows Cost of goods sold Selling expenses Administrative expenses Variable 75% 60% 80% Fixed 25% 40% 20% Management is considering a plant expansion program for the following year that will permit an...
The East Company is operating at full capacity and sold 100,000 units at a price of...
The East Company is operating at full capacity and sold 100,000 units at a price of $80 per unit during 2020. Its gross margin (profit) income statement for 2020 is as follows: Sales $8,000,000 Cost of goods sold 4,000,000 Gross profit 4,000,000 Operating expenses: Selling expenses $2,500,000 Administrative expenses 500,000 Total operating expenses 3,000,000 Operating income $1,000,000 The proportion of the above costs between fixed and variable is as follows: Fixed Variable Cost of goods sold $4,000,000 35% 65% Selling...
Break-Even Sales Under Present and Proposed Conditions Kearney Company, operating at full capacity, sold 141,000 units...
Break-Even Sales Under Present and Proposed Conditions Kearney Company, operating at full capacity, sold 141,000 units at a price of $93 per unit during 20Y5. Its income statement for 20Y5 is as follows: Sales $13,113,000 Cost of goods sold (4,650,000) Gross profit $8,463,000 Expenses: Selling expenses $2,325,000 Administrative expenses 1,395,000 Total expenses (3,720,000) Income from operations $4,743,000 The division of costs between fixed and variable is as follows: Fixed Variable Cost of good sold 40% 60% Selling expenses 50% 50%...
Obj. 2, 3 Darby Company, operating at full capacity, sold 500,000 units at a price of $94 per unit during the current year. Its income statement is as follows: Show $ 47,000,000 25,000,000 $ 22,000,000 Sales ... Cost of goods sold...... Gross profit........ Expenses: Selling expenses............. Administrative expenses.... Total expenses ........ Income from operations......... $4,000,000 3,000,000 7,000,000 $15,000,000 Beration The division of costs between variable and fixed is as follows: Variable Cost of goods sold Selling expenses Administrative expenses Management...
Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 500,000 units at a price of 94 per unit during the current year. Its Income statement is as follows: Sales Cost of goods sold Gross profit Expenses: $47,000,000 25,000,000 $22,000,000 Selling expenses Administrative expenses 3,000,000 $4,000,000 Total expenses 7,000,000 Income from operations $15,000,000 The division of costs between variable and fixed is as follows: Variable 70% 75% 5096 Fixed 30% 25% 5096 Cost of goods sold...
Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 150,400 units at a price of $81 per unit during the current year. Its income statement is as follows: Sales $12,182,400 4,320,000 Cost of goods sold Gross profit $7,862,400 Expenses: Selling expenses $2,160,000 Administrative expenses 1,296,000 Total expenses 3,456,000 Income from operations $4,406,400 The division of costs between variable and fixed is as follows: Variable Fixed Cost of goods sold 60% 40% Selling expenses 50% 50%...
Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 148,400 units at a price of $126 per unit during the current year. Its income statement is as follows: Sales $18,698,400 6,636,000 Cost of goods sold Gross profit $12,062,400 Expenses: Selling expenses Administrative expenses $3,318,000 1,974,000 Total expenses 5,292,000 Income from operations $6,770,400 The division of costs between variable and fixed is as follows: Variable Fixed Cost of goods sold 60% 4096 Selling expenses 50% 50%...
Howard Industries Inc., operating at full capacity, sold 64,000 units at a price of $45 per unit during the current year. Its income statement is as follows Cost of goods sold Gross profit Expenses: $2,880,000 1,400,000 1,480,000 Selling expenses $400,000 387,500 Total expenses.... Income from operations 787,500 692,500 The division of costs between variable and fixed is as follows: Cost of goods sold Selling expenses Administrative expenses Variable 75% 60% 80% Fixed 25% 40% 20% Management is considering a plant...
Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capaoity, sold 172,900 units at a price of $75 per unit during the current year. Its income statement ise s follows: $12,967,500 Sales Cost of goods sold 4.600,000 Gross profit $8.367,500 Expenses Selling expenses 2,300,000 expenses 1,375,000 Tatal exnenses 3,675,000 $4,692,500 Income from operations The division of costs between variable and foxed is as follows: Variable Fixed Cost of goods sold 60% 40% Selling expenses 50% 50% Administrative...
Howard Industries Inc., operating at full capacity, sold 64,000 units at a price of $45 per unit during the current year. Its income statement is as follows $2,880,000 1,400,000 $1,480,000 Expenses 400,000 387,500 787,500 692,500 Income from operations The division of costs between variable and fixed is as follows Cost of goods sold Selling expenses Administrative expenses Variable 75% 60% 80% Fixed 25% 40% 20% Management is considering a plant expansion program for the following year that will permit an...
The East Company is operating at full capacity and sold 100,000 units at a price of $80 per unit during 2020. Its gross margin (profit) income statement for 2020 is as follows: Sales $8,000,000 Cost of goods sold 4,000,000 Gross profit 4,000,000 Operating expenses: Selling expenses $2,500,000 Administrative expenses 500,000 Total operating expenses 3,000,000 Operating income $1,000,000 The proportion of the above costs between fixed and variable is as follows: Fixed Variable Cost of goods sold $4,000,000 35% 65% Selling...
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