Thunder Roads Enterprises makes the following information available:

Sunset Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on OshawaOshawa Air. Sunset's fixed

coldgirl [10]

Answer:

Explanation:

Break even point=fixed cost/ contribution margin per unit

Units to be sold to get target operating income=(fixed costs+ target operating income)/contribution margin per unit

1. Revenue=10%×1600=$160 per ticket

Contribution per ticket=$100-$42=$58 per ticket.

Fixed cost=$29,500

Break even units:$29,500/$58=508.6 tickets

Units to be sold to get target operating income:(29500+$12000)/$58=715.5 tickets

2. Revenue=10%×1600=$160 per ticket

Contribution per ticket=$100-$35=$65 per ticket.

Fixed cost=$29,500

Break even units:$29,500/$65=453.8 tickets

Units to be sold to get target operatig income:(29500+$12000)/$65=638 tickets

3.

Revenue=$50 per ticket

Contribution per ticket=$50-$35=$15 per ticket.

Fixed cost=$29,500

Break even units:$29,500/$15=1966 tickets

Units to be sold to get target operating income:(29,500+$12,000)/$15=2766 tickets

4.

Revenue:$55(fixed comission fee)+$5(delivery fee)=$60 per ticket

Contribution per ticket=$60-$35=$25 per ticket.

Fixed cost=$29,500

Break even units:$29,500/$25=1180 tickets

Units to be sold to get target operating income:(29,500+$12,000)/$25=1,660 tickets

3 0

2 years ago

Norred Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor $

Vikki [24]

Answer:

$134,300

Explanation:

From the question above, we are required to total amount of indirect manufacturing costs that was incurred by Norred corporation with the information that was provided

The first step is to calculate the total variable manufacturing overhead costs

= Variable manufacturing overhead × Units produced

= $1.60 per unit × 8,000 units

= $12,800

Therefore, the total amount of indirect manufacturing costs can be calculated as follows

= Total variable manufacturing costs + Fixed manufacturing overhead

= $12,800 + $121,500

= $134,300

Hence the total amount of indirect manufacturing costs is closest to $134,300

8 0

2 years ago

Webster's has sales of $649,000 and a profit margin of 7.2 percent. the annual depreciation expense is $102,600. what is the amo

Dimas [21]

Operating cash flow = ($649,000 x .072) + $102,600 = $149,328. In financial accounting, operating cash flow or as called as OCF in which cash flow provided by operations, cash flow from operating activities or as called as CFO or free cash flow from operations or as called as FCFO bring up to the sum of cash a company produces from the revenues it brings in not including costs related with long-term investment on capital items.

7 0

2 years ago

Investment advisors at your local bank branch office:

skad [1K]

Answer:

Financial advisor.

Explanation:

A financial advisor is an investment advisor at your local bank branch office. They are licensed professionals with the ultimate responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.

8 0

2 years ago

Read 2 more answers

A worker received a $10,000 bonus and decided to split it among three different accounts. He placed part in a savings account pa

kotykmax [81]

Answer:

so savings = $2200

bonds = $4400

and mutual fund = $3400

Explanation:

given data

received bonus = $10,000

savings account paying = 4.5% per year

bonds paying = 5%

mutual fund that returned = 4%

income from these investments = $455

to find out

How much did the worker place in the government bonds

solution

we consider amount invested for 4.5 % is = x

and hen his investment in bonds is = 2x for 5%

and rest is 10000- x - 2x

that is = (10000- 3x ) for 4%

so

interest equation will be here

0.045 x + 0.05 (2x) + 0.04 (10000-3x) = 455

solve we get

x = 2200

so savings = $2200

bonds = $4400

and mutual fund = $3400

4 0

2 years ago