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Moran Company reports the following operating results for the month of August: sales $310,000 (units 5,000);...
Barnes Company reports the following operating results for the month of August: sales $300,000 (units 5,000);...
Barnes Company reports the following operating results for the month of August: sales $300,000 (units 5,000); variable costs $217,000; and fixed costs $70,000. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume. Net incomes 2. Reduce variable costs to 55% of sales. Net income $ 3. Reduce fixed costs by...
Barnes Company reports the following operating results for the month of August: sales $325,000 (units 5,000);...
Barnes Company reports the following operating results for the
month of August: sales $325,000 (units 5,000); variable costs
$213,000; and fixed costs $71,600. Management is considering the
following independent courses of action to increase net
income.
Compute the net income to be earned under each alternative.
1. Increase selling price by 10% with no change in
total variable costs or sales volume.
Net income
$
2. Reduce variable costs to 58% of
sales.
Net income
$
3. Reduce fixed costs...
Barnes Company reports the following operating results for the month of August: sales $315,000 (units 5,000);...
Barnes Company reports the following operating results for the month of August: sales $315,000 (units 5,000); variable costs $218,000; and fixed costs $70,000. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume. Net income 2. Reduce variable costs to 60% of sales. Net income 3. Reduce fixed costs by $23,000....
Yams Company reports the following operating results for the month of August: sales $370,000 (units 5,000),...
Yams Company reports the following operating results for the month of August: sales $370,000 (units 5,000), variable costs $257,000, and fixed costs $95,000. Management is considering the following independent courses of action to increase net income. 1. Increase selling price by 11% with no change in total variable costs or units sold. 2. Reduce variable costs to 61% of sales. Compute the net income to be earned under each alternative. (Round intermediate calculations to 2 decimal places e.g. 2.25 and...
Exercise 20-3 Barnes Company reports the following operating results for the month of August: sales $300,000...
Exercise 20-3 Barnes Company reports the following operating results for the month of August: sales $300,000 (units 5,000); variable costs $217,000; and fixed costs $70,000. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume. Net income 2. Reduce variable costs to 55% of sales. Net income 3. Reduce fixed costs...
E6-3 Barnes Company reports the following operating results for the month of August: sales Compute net...
E6-3 Barnes Company reports the following operating results for the month of August: sales Compute net income under different alternatives (units 5,000): variable costs $210,000; and fixed costs $75,000. M $325,000 independent courses of action to increase net income. anagement is considering the following Increase selling price by 10% with no change in total variable costs or sales volume. Reduce variable costs to 58% of sales 2 3 Instructions Compute the net income to be earned under each alternative. Which...
Barnes Company reports the following operating results for the month of August: sales $320,000 (units 5,000);...
Barnes Company reports the following operating results for the month of August: sales $320,000 (units 5,000); variable costs $216,000; and fixed costs $70,500. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume. Net income $enter the net income that will be earned under the first Alternative 2. Reduce variable costs...
E11-15 Yams Company reports the following operating results for the month of August: sales $400,000 (units...
E11-15 Yams Company reports the following operating results for the month of August: sales $400,000 (units 5,000), variable costs $240,000, and fixed costs $90,000. Management is considering the following independent courses of action to increase net income. 1. Increase selling price by 10% with no change in total variable costs or units sold. 2. Reduce variable costs to 55% of sales.
Oriole Company reports the following operating results for the month of August: sales $408,000 (units 5,100),...
Oriole Company reports the following operating results for the month of August: sales $408,000 (units 5,100), variable costs $256,000, and fixed costs $93,000. Management is considering the following independent courses of action to increase net income. 1. Increase selling price by 15% with no change in total variable costs or units sold. 2. Reduce variable costs to 66% of sales. Compute the net income to be earned under each alternative. 1. Net Incomes 2. Net Income Which course of action...
Swifty Company reports the following operating results for the month of August: sales $364,800 (units 4,800),...
Swifty Company reports the following operating results for the month of August: sales $364,800 (units 4,800), variable costs $258,000, and fixed costs $95,000. Management is considering the following independent courses of action to increase net income. 1. Increase selling price by 15% with no change in total variable costs or units sold. 2. Reduce variable costs to 64% of sales. Compute the net income to be earned under each alternative. (Round intermediate calculations to 2 decimal places e.g. 2.25 and...
Barnes Company reports the following operating results for the month of August: sales $300,000 (units 5,000); variable costs $217,000; and fixed costs $70,000. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume. Net incomes 2. Reduce variable costs to 55% of sales. Net income $ 3. Reduce fixed costs by...
Barnes Company reports the following operating results for the
month of August: sales $325,000 (units 5,000); variable costs
$213,000; and fixed costs $71,600. Management is considering the
following independent courses of action to increase net
income.
Compute the net income to be earned under each alternative.
1. Increase selling price by 10% with no change in
total variable costs or sales volume.
Net income
$
2. Reduce variable costs to 58% of
sales.
Net income
$
3. Reduce fixed costs...
Barnes Company reports the following operating results for the month of August: sales $315,000 (units 5,000); variable costs $218,000; and fixed costs $70,000. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume. Net income 2. Reduce variable costs to 60% of sales. Net income 3. Reduce fixed costs by $23,000....
Exercise 20-3 Barnes Company reports the following operating results for the month of August: sales $300,000 (units 5,000); variable costs $217,000; and fixed costs $70,000. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume. Net income 2. Reduce variable costs to 55% of sales. Net income 3. Reduce fixed costs...
E6-3 Barnes Company reports the following operating results for the month of August: sales Compute net income under different alternatives (units 5,000): variable costs $210,000; and fixed costs $75,000. M $325,000 independent courses of action to increase net income. anagement is considering the following Increase selling price by 10% with no change in total variable costs or sales volume. Reduce variable costs to 58% of sales 2 3 Instructions Compute the net income to be earned under each alternative. Which...
E11-15 Yams Company reports the following operating results for the month of August: sales $400,000 (units 5,000), variable costs $240,000, and fixed costs $90,000. Management is considering the following independent courses of action to increase net income. 1. Increase selling price by 10% with no change in total variable costs or units sold. 2. Reduce variable costs to 55% of sales.
Oriole Company reports the following operating results for the month of August: sales $408,000 (units 5,100), variable costs $256,000, and fixed costs $93,000. Management is considering the following independent courses of action to increase net income. 1. Increase selling price by 15% with no change in total variable costs or units sold. 2. Reduce variable costs to 66% of sales. Compute the net income to be earned under each alternative. 1. Net Incomes 2. Net Income Which course of action...
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