Sunland Company has fixed costs of $1500000 and variable costs are 20% of sales. What are the required sales if Sunland desires net income of $300000?
A.$7500000
B.$9000000
C.$2250000
D.$1875000
Sunland Company has fixed costs of $1500000 and variable costs are 20% of sales. What are...
Swifty Corporation has fixed costs of $2000000 and variable costs are 20% of sales. What are the required sales if Swifty desires net income of $300000? O $11500000 $10000000 O $2875000 O $2500000
Multiple Choice Question 133 Sunland Company has fixed costs of $630000 and variable costs are 60% of sales. How much will Sunland report as sales when its net income equals $620007 $415200 $1730000 $1153333 $1637000
Sheridan Manufacturing has fixed costs of $2300000 and variable costs are 40% of sales. What are the required sales if Richard desires an operating income of $230000? O $5750000 $6325000 $4166667 $4216667
Please show in Excel
Helzburg Corp. has $3,000,000 in sales. Fixed costs are estimated to be $120,000 and variable costs are equal to 50% of sales. The company has $1,300,000 in debt outstanding at a before-tax cost of 11%. Assume a 20% tax rate; Helzburg has $5,000,000 in stockholder equity. Problem 8: If Helzburg sales were to increase by 20%, how much of a percentage increase would you expect in the company's net income? Problem 9: What is the Return...
6 Fixed costs Variable costs as a % of sales Desired net income 200,000 20% 500,000 Compute: Break even in $$ Required sales in $$ to earn desired net income 7 Fixed costs Variable costs as a % of sales Current net income Desired net income 300,000 20% 500,000 1,000,000 Compute: Break even in $$ Current sales in $$ Required sales in $$ to earn desired net income
Cooper Company sells a product at $50 per unit that has unit variable costs of $20. The company's break-even sales point in sales dollars is $150,000. How much is the fixed costs now? (Hint: The fixed costs is same as the total contribution margin when there is break-even.) Select one: O a. $200,000 O b. $100,000 O c. $90,000 O d. $120,000 Zeus, Inc. produces a product that has a variable cost of $3.00 per unit. The company's fixed costs...
For Blossom Company, variable costs are 70% of sales, and fixed costs are $182,000. Management's net income goal is $67,000. Compute the required sales in dollars needed to achieve management's target net income of $67,000. (Use the contribution margin approach.) Required sales $
For Blue Spruce Company, variable costs are 60% of sales, and fixed costs are $238,000. Management’s net income goal is $66,000. Compute the required sales in dollars needed to achieve management’s target net income of $66,000. (Use the contribution margin approach.)
Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribution margin ratio for Young Company? ______ % b. If the contribution margin ratio for Martinez Company is 40%, sales were $34,800,000, and fixed costs were $1,500,000, what was the operating income? ________$
If sales are $820,000, variable costs are 55% of sales, and operating income is $260,000, what is the contribution margin ratio? a. 45% b. 55% c. 62% d. 32% ________2. A firm operated at 90% of capacity for the past year, during which fixed costs were $420,000, variable costs were 40% of sales, and sales were $1,000,000. Operating profit was: a. $180,000 b. $420,000 c. $1,080,000 d. $980,000 ________3. Bryce Co. sales are $914,000, variable costs are $498,130, and operating...