Maurice Tutor

(5)

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 5 Days Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Jul 2017 My Price 3.00

Head-First Company

Head-First Company plans to sell 5,000 bicycle helmets at $70 each in the coming year. Variable cost is 70 percent of the sales price; contribution margin is 30 percent of sales price. Total fixed cost equals $29,400 (includes fixed factory overhead and fixed selling and administrative expense).
Required:
1. Calculate the sales revenue that Head-First must make to earn operating income of $81,900.
2. Check your answer by preparing a contribution margin income statement based on the sales dollars calculated in Requirement 1.

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Jul 2017 12:07 PM My Price 3.00

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