Calculation of Sales$ to get required net income of 200000 | |
Contribution Ratio (400000/1600000)*100 | 25.00% |
Fixed Cost | 456400 |
Sales$=(Target Profit+Fixed Expenses)/Contribution Ratio | |
Sales$=(200000+456400)/25% | |
$2625600 |
Problem 5-6A (Video) (Part Level Submission) Sunland Corporation has collected the following information after its first...
Problem 5-6A (Video) (Part Level Submission) Sunland Corporation has collected the following information after its first year of sales. Sales were $1,600,000 on 100,000 units, selling expenses $200,000 (40% variable and 60% fixed), direct materials $508,000, direct labor $290,400, administrative expenses $278,000 (20% variable and 80% fixed), and manufacturing overhead $380,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that...
Problem 5-6A (Video) (Part Level Submission) Sunland Corporation has collected the following information after its first year of sales. Sales were $1,600,000 on 100,000 units, selling expenses $200,000 (40% variable and 60% fixed), direct materials $508,000, direct labor $290,400, administrative expenses $278,000 (20% variable and 80% fixed), and manufacturing overhead $380,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that...
Problem 5-6A (Video) (Part Level Submission) Sunland Corporation has collected the following information after its first year of sales. Sales were $1,600,000 on 100,000 units, selling expenses $200,000 (40% variable and 60% fixed), direct materials $508,000, direct labor $290,400, administrative expenses $278,000 (20% variable and 80% fixed), and manufacturing overhead $380,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that...
Problem 5-6A (Video) Cullumber Corporation has collected the following information after its first year of sales. Sales were $2,000,000 on 100,000 units, selling expenses $210,000 (40% variable and 60% fixed), direct materials $498,000, direct labor $600, 200, administrative expenses $280,000 (20% variable and 80% fixed), and manufacturing overhead $374,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales...
Problem 18-06A Sunland Corporation has collected the following information after its first year of sales. Sales were $1,300,000 on 130,000 units, selling expenses $210,000 (40% variable and 60% fixed), direct materials $494,000, direct labor $83,000, administrative expenses $282,000 (20% variable and 80% fixed), and manufacturing overhead $368,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase...
Problem 18-06A Carla Vista Corporation has collected the following information after its first year of sales. Sales were $1,250,000 on 125,000 units, selling expenses $250,000 (40% variable and 60% fixed), direct materials $498,000, direct labor $33,300, administrative expenses $278,000 (20% variable and 80% foed), and manufacturing overhead $358,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will...
Problem 6-2A (Video) Lorge Corporation has collected the following information after its first year of sales. Sales wore $2,100,000 on 105 000 units; seling expenses s 250000 40% variable and 6 fixed); direct materials $1,045,700; direct labor $250,000; administrative expenses $270,000 (20% variable and 80% fixed), and manufacturing overhead oo pow variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year it has projected that unt...
Ivanhoe Corporation has collected the following information after its first year of sales. Sales were $1,600,000 on 100.000 units. selling expenses $220,000 (40% variable and 60% fixed), direct materials $510,000, direct labor $290,200, administrative expenses $278,000 (20% variable and 80% fixed), and manufacturing overhead $366,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10%...
Problem 18-06A Wildhorse Corporation has collected the following information after its first year of sales. Sales were $1,250,000 on 125,000 units, selling expenses $250,000 (40% variable and 60% fixed), direct materials $496,000, direct labor $34,900, administrative expenses $280,000 (20% variable and 80% fixed), and manufacturing overhead $358,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase...
Problem 18-06A Oriole Corporation has collected the following information after its first year of sales. Sales were $1,600,000 on 100,000 units, selling expenses $250,000 (40% variable and 60% fixed), direct materials $510,000, direct labor $288,200, administrative expenses $284,000 (20% variable and 80% fixed), and manufacturing overhead $350,000 (70% variable and 30% fixed). Top management h xed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that...