Belmain co. expects to maintain the same inventories at the end of 2016 as at the beginning of the year. the total of all production costs for the year is therefore assumed to be equal to the cost of goods sold. with this in mind, the various department heads were asked to submit estimates of the costs for their departments during the year. a summary report of these estimates is as follows: : fixed costs variable cost (per unit sold)production costs: direct materials $50.00direct labor 30.00factory overhead $350,000 6.00selling expenses: sales salaries and commission 340,000 4.00advertising 116,000travel 4,000miscellaneous selling expense 2,300 1.00administrative expenses: office and officers’ salaries 325,000supplies 6,000 4.00miscellaneous administrative expense 8,700 1.00total $1,152,000 $96.00it is expected that 12,000 units will be sold at a price of $240 a unit. maximum sales within the relevant range are 18,000 units. prepare an estimated income statement for 2016.
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Business, 22.06.2019 10:00, caz27
Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i. e., to have ebit = zero?
Answers: 1
Business, 22.06.2019 10:40, meillsss
Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?
Answers: 1
Business, 22.06.2019 20:50, aberiele1998
You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)
Answers: 3
Belmain co. expects to maintain the same inventories at the end of 2016 as at the beginning of the y...
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