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Author Question: A company that makes basketballs has calculated their revenue and costs as follows for the most ... (Read 304 times)

Awilson837

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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


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Marked as best answer by Awilson837 on Jun 7, 2019

ankilker

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