1) The new operating income is: $5164
Calculations:
The total decrease is of 15 % to Blake (10% of decrease in units sold and 5 % in the increase in COGS)
So, 6075-15%=5164 or 2200*2.7-15%=5164 (No. of units*Unit price)
2) The new operating without the rise in price = $5940 (2200*2.7)
3) No, because he will be facing reduction in his revenues
need help on 10 F "I'll never under and this accounting stuff" Blake Dunn yelled, waving...
"I'll never understand this accounting stuff" Blake Dunn yelled, waving the income statement he had just received from his accountant in the morning mail. "Last month, we sold 2,000 stuffed State University mascots and earned $6,565 in operating income. This month, when we sold 3,000 I thought we'd make $9,848. But this income statement shows an operating income of $11,615! How can I ever make plans if I can't predict my income? I'm going to give Janice one last chance...
"I'll never understand this accounting stuff, Blake Dunn yelled, waving the income statement he had just received from his accountant in the morning mail. "Last month, we sold 2,000 stuffed State University mascots and earned $6,565 in operating income. This month, when we sold 3,000 I thought we'd make $9,848. But this income statement shows an operating income of $11,615! How can I ever make plans if I can't predict my income? I'm going to give Janice one last chance...
"I'll never understand this accounting stuff, Blake Dunn yelled, waving the income statement he had just received from his accountant in the morning mail. "Last month, we sold 2,000 stuffed State University mascots and earned $6,565 in operating income. This month, when we sold 3,000 I thought we'd make $9,848. But this income statement shows an operating income of $11,615! How can I ever make plans if I can't predict my income? I'm going to give Janice one last chance...
"I'll never understand this accounting stuff, Blake Dunn yelled, waving the income statement he had just received from his accountant in the morning mail. "Last month, we sold 2,000 stuffed State University mascots and earned $6,565 in operating income. This month, when we sold 3,000 I thought we'd make $9,848. But this income statement shows an operating income of $11,615! How can I ever make plans if I can't predict my income? I'm going to give Janice one last chance...
“I’ll never understand this accounting stuff,” Blake Dunn yelled, waving the income statement he had just received from his accountant in the morning mail. “Last month, we sold 2,000 stuffed State University mascots and earned $6,565 in operating income. This month, when we sold 3,000 I thought we’d make $9,848. But this income statement shows an operating income of $11,615! How can I ever make plans if I can’t predict my income? I’m going to give Janice one last chance...
Comprehensive CVP analysis (LO 1, 2.3, 5) "Tll never understand this accounting stuff." Blake Dunn yelled, waving the income statement he had just received from his accountant in the morning mail. "Last month, we sold 1,000 stuffed State University mascots and carned $6,850 in operating income. This month, when we sold 1.500, I thought we'd make $10275 But this income statement shows an operating income of $12,100! How can I ever make plans if I can't predict my income? I'm...
Comprehensive CVP analysis (LO 1,2,3,5)-rข never unkntand accounting stuer," Blake Dunn yellod, waving the inconw suament he had just received from his accountant in the morning mail. "Last month, we sold 1,000 stuffed State Univensity masoots and caned S6850 in operating income. This month, when we sold 1.500, I thought we'd make $10 275 But this income statement shows an operating income of $12,100 How can I ever make plans if I cant predict my income? Tm going to give...
I just need help figuring out 5 through 8 ACC 299 Winter 2020 Prof. Graybeat Sis a small company that currently operates in Knoxville, TN and has a single product – stadium seat cushions bearing the University of Tennessee logo. Eventually Gary wants to expand and sell this product for other university and professional sports teams, and to add other merchandise. In the meantime, Gary is having a little difficulty understanding margins, and operating income and product mix. "I'll never...
Gary G's is a small company that currently operates in Knoxville, TN and has a single product - stadium seat cushions bearing the University of Tennessee logo. Eventually Gary wants to expand and sell this product for other university and professional sports teams, and to add other merchandise. In the meantime, Gary is having a little difficulty understanding margins, and operating income and product mix. "I'll never understand this accounting stuff," Gary yelled, waving the income statement he had just...
Data Table X Shaner Company Budgeted Income Statement For the Quarter Ended March 31, 2018 fanuary February March Total Net Sales Revenue (20% increase per month) 8,000 $ 9,600 $ 11,520 $ 29,120 Cost of Goods Sold (40% of sales) 3,200 3,840 4,608 11,648 Gross Profit 4,800 5,760 6,912 17,472 S and A Expenses ($2,000 10% of sales) 2,800 2,960 3,152 8,912 Operating Income 2,000 2,800 3,760 8,560 Income Tax Expense (30% of operating income) 1,128 2,568 600 840 $...