subject
Business, 20.03.2021 07:10 375025

A company has annual fixed costs of birr 14,000. In 1996 sales amounted to birr 60,000 as compared with birr 45,000 in 1995 and profit in 1996 was birr 4,200 higher

than in 1995.

i. At what level of sales does the company breakeven?

ii. Determine profit or loss on a forecast sales volume of birr 80,000

iii. If there is a reduction in selling price in 1997 by 10% and the company

desires to earn the same profit as in 1996, what would be required sales

volume? ​

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:20
Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.
Answers: 1
question
Business, 22.06.2019 17:00
Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court.the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court.because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located.because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center.because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.
Answers: 1
question
Business, 22.06.2019 23:30
Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?
Answers: 3
question
Business, 23.06.2019 01:00
Motonous corporation has completed its fiscal year and reported the following information. the company had current assets of $153,413, net fixed assets of $ 412,331, and other assets of $7,822. the firm also has current liabilities worth $65,314, long-term debt of $178,334, and common stock of $162,000. how much retained earnings does the firm have?
Answers: 2
You know the right answer?
A company has annual fixed costs of birr 14,000. In 1996 sales amounted to birr 60,000 as compared...
Questions
question
Physics, 06.03.2020 22:53
question
English, 06.03.2020 22:53
question
Mathematics, 06.03.2020 22:53
question
Biology, 06.03.2020 22:53
question
Mathematics, 06.03.2020 22:53
question
Chemistry, 06.03.2020 22:53
question
Mathematics, 06.03.2020 22:53
Questions on the website: 13722367