Homework Answers
Add Answer to:
Roound to 3 decimal places
The following information is available for the 20,000 units of X...
The following information is available for the 20,000 units of X Company's only product sold in...
The following information is available for the 20,000 units of X Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $62.10 $26.60 $320,000 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $487,500? Submit Answer Tries 0/3
1) X Company incurred the following costs in 2017: Factory insurance $5,629 Customer service 4,766 Advertising...
1) X Company incurred the following costs in 2017: Factory insurance $5,629 Customer service 4,766 Advertising costs 4,594 Factory maintenance 5,023 Direct labor 5,972 Direct materials 4,514 Sales salaries 5,023 Factory utilities 5,153 Research & Development 5,599 Material handling 4,174 What was total overhead in 2017? 2) X Company had the following inventory account balances in 2017: Account January 1 December 31 Materials $14,524 $16,900 Work in Process 14,622 21,768 Finished Goods 14,594 14,594 The following additional information for the...
Required information (The following information applies to the questions displayed below Astro Co. sold 20,000 units...
Required information (The following information applies to the questions displayed below Astro Co. sold 20,000 units of its only product and incurred a $50,000 loss (ignoring taxes) for the current year as showni here. During a planning session for year 2018's activities, the production manager notes that variable costs can be reduced 50 % by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $200,000. The maximum output capacity...
The following information is available for the 21,600 units of X Company's only product sold in...
The following information is available for the 21,600 units of X Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $62.70 $22.30 $388,800 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $604,800?
The following information is available for the 23,400 units of X Company's only product sold in...
The following information is available for the 23,400 units of X Company's only product sold in 2019: Selling price $61.60 Variable costs per unit $12.30 Total fixed costs $351,000 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $1,003,275?
The following information is available for the 20,700 units of X Company's only product sold in...
The following information is available for the 20,700 units of X Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $59.20 $13.40 $310,500 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $796,950?
The following information is available for the 22,400 units of X Company's only product sold in...
The following information is available for the 22,400 units of X Company's only product sold in 2019: Selling price $64.80 Variable costs per unit $21.80 Total fixed costs $336,000 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $784,000?
The following information is available for the 21,000 units of X Company's only product sold in...
The following information is available for the 21,000 units of X Company's only product sold in 2019: Selling price $56.10 Variable costs per unit $12.40 Total fixed costs $420,000 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $622,125?
The following information is available for the 20,500 units of X Company's only product sold in...
The following information is available for the 20,500 units of X Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $64.00 $28.30 $369,000 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $453,562?
The following information is available for the 21,400 units of X Company's only product sold in...
The following information is available for the 21,400 units of X Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $62.10 $15.20 $428,000 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $719,575?
The following information is available for the 20,000 units of X Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $62.10 $26.60 $320,000 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $487,500? Submit Answer Tries 0/3
Required information (The following information applies to the questions displayed below Astro Co. sold 20,000 units of its only product and incurred a $50,000 loss (ignoring taxes) for the current year as showni here. During a planning session for year 2018's activities, the production manager notes that variable costs can be reduced 50 % by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $200,000. The maximum output capacity...
The following information is available for the 21,600 units of X Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $62.70 $22.30 $388,800 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $604,800?
The following information is available for the 20,700 units of X Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $59.20 $13.40 $310,500 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $796,950?
The following information is available for the 20,500 units of X Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $64.00 $28.30 $369,000 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $453,562?
The following information is available for the 21,400 units of X Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $62.10 $15.20 $428,000 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's 2020 profit to be $719,575?
Most questions answered within 3 hours.
-
Jensen and Associates has a projected balance
sheet that includes the following accounts. What is the...
asked 3 minutes ago -
implement a doubly-linked list in C. Each node in the linked list should contain a string,...
asked 25 minutes ago -
What are some best practices and things to avoid when developing
a PowerPoint presentation or file
asked 28 minutes ago -
Consider the ways that the government can get involved in
economic issues. What role do you...
asked 4 minutes ago -
Sodium carbonate is added to the tea mixture, in part, to form
the sodium salt of...
asked 27 minutes ago -
he plant started to purify its wastewater before discharging it
into the lake. How long will...
asked 46 minutes ago -
Thiazyl fluoride, F3NS is a colourless gas. Using concepts of
electronegativity, formal charge etc. determine the...
asked 48 minutes ago -
1. Why is an explicit inflation target a bad policy?
2. MV=PQ If M grows, then...
asked 21 minutes ago -
A 1.50 kg sample of water at 15.0°C is in a calorimeter. You
drop a piece...
asked 47 minutes ago -
For the assignment this week, use Microsoft Word or Microsoft
Excel to create your own Comparing...
asked 24 minutes ago -
Pratt Company acquired all of Spider, Inc.’s outstanding shares
on December 31, 2018, for $510,100 cash....
asked 26 minutes ago -
A
firm purchased telephone equipment for cash. By mistake, the person
who recorded the transaction debited...
asked 47 minutes ago