Dana’s ribbon world makes award rosettes. following is information about the company: variable cost per rosette $ 1.20 sales price per rosette 4.00 total fixed costs per month 2800.00 required: 1. suppose dana’s would like to generate a profit of $880. determine how many rosettes it must sell to achieve this target profit. 2. if dana’s sells 1,200 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. calculate dana’s degree of operating leverage if it sells 1,200 rosettes. 4a. using the degree of operating leverage, calculate the change in dana’s profit if unit sales drop to 1,080 units. 4b. prepare a new contribution margin income statement to verify change in dana's profit.
Answers: 1
Business, 21.06.2019 13:30
The budgeted overhead cost for the year is $1,260,000. the company has estimated that one-third of the budgeted overhead cost is incurred to support the firm's two partners, and two-thirds goes to support the staff accountants. the current audit bid for monoco industries requires $18,000 in direct partner professional labor, $30,000 in direct staff accountant professional labor, $5,000 in direct material. what is the overhead rate based on a single cost driver (rounded to the nearest percentage)?
Answers: 3
Business, 22.06.2019 00:50
Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?
Answers: 2
Business, 22.06.2019 20:50
Which of the following statements regarding the southern economy at the end of the nineteenth century is accurate? the south was producing as much cotton as it had before the civil war.
Answers: 3
Dana’s ribbon world makes award rosettes. following is information about the company: variable cost...
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