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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 286 Weeks Ago, 5 Days Ago |
| Questions Answered: | 27237 |
| Tutorials Posted: | 27372 |
MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
QUESTION 15
Polka Dots, Inc. manufactures polka dot dresses which sell for $50 each. The firm expects to sell 90,000 dresses next year. At this level of sales, variable expenses will total $922,500 and fixed expenses will total $596,250. What amount of dollar sales is needed next year for Polka Dots to breakeven?
|
$4,000,000 |
|
$750,000 |
|
$3,750,000 |
|
$900,000 |
4 points  Â
Â
QUESTION 16
Polka Dots, Inc. manufactures polka dot dresses which sell for $50 each. The firm expects to sell 90,000 dresses next year. At this level of sales, variable expenses will total $922,500 and fixed expenses will total $596,250. If Polka Dots wants to make $198,750 in profit next year, what will total sales in dollars have to be next year?
|
$1,000,000 |
|
$1,717,500 |
|
$795,000 |
|
$900,000 |
4 points  Â
Â
QUESTION 17
Pencil Pushers, Inc. manufactures a "Silly Pencil" which sells for $7.50 each. Pencil Pushers expects to sell 82,000 silly pencils next year. At this level of sales, variable expenses will total $184,500 and fixed expenses will total $242,130. The marketing department forecasts that sales of silly pencils will increase 40% next year if Pencil Pushers increases the yearly advertising budget by $10,000 and redesigns a new package for the silly pencil that would increase packing costs by $1 per unit. If these changes are made, what would be the new projected net operating income?
|
$424,370 |
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$235,770 |
|
$861,000 |
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$487,900 |
Arash Company uses a predetermined overhead rate of $16 per direct labor hour. Estimated direct labor hours at the beginning of the year were 8,500 and actual direct labor hours at the end of the year were 8,800. Estimated total manufacturing overhead costs at the beginning of the year are $136,000 and actual total manufacturing overhead costs at the end of the year are $149,000. What is the amount of manufacturing overhead that would have been applied to all jobs during the year?
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$143,920 |
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$131,364 |
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$140,800 |
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$149,000 |
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