This topic contains a solution. Click here to go to the answer

Author Question: A company that makes basketballs has calculated their revenue and costs as follows for the most ... (Read 210 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509

Question 1

A company that makes audio computer input devices has calculated their revenue and costs as follows for the most recent fiscal period:

Sales $723 000
Costs:
Fixed Costs $345 000
Variable Costs 404 880
Total Costs 749 880
Net Income (Loss) $(26 880)

The company has a target level of profitability of $35,000 per fiscal period. What sales dollar volume do they have to achieve in order to achieve their goal?
◦ $616 071.43
◦ $784 090.91
◦ $678 571.43
◦ $863 636.36
◦ $840 909.09

Question 2

A company that makes basketballs has calculated their revenue and costs as follows for the most recent fiscal period:

Sales $623 000
Costs:
Fixed Costs $???????
Variable Costs 404 880
Total Costs ???????
Net Income (Loss) $(26 880)

What are the company's fixed costs per fiscal period?
◦ $191 240
◦ $2 18120
◦ $1 001000
◦ $245 000
◦ $1 054 760


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Awilson837 on Jun 7, 2019

ankilker

  • Sr. Member
  • ****
  • Posts: 328
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

For a complete list of videos, visit our video library