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 251 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?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

For a complete list of videos, visit our video library