Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

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, 1 Day Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

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

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 30 Jul 2017 My Price 8.00

Outdoor Outfitters

Outdoor Outfitters has created a flexible budget for the 70,000-unit and the 80,000-unit levels of activity as shown below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

70,000 Units

80,000 Units

 

90,000 Units

Sales  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

$1,400,000

$1,600,000

 

$

Cost of goods sold . . . . . . . . . . . . . . . . . . . . . .

     840,000

     960,000

 

                  

Gross profit on sales  . . . . . . . . . . . . . . . . . . . .

$  560,000

$  640,000

 

$

Operating expenses ($90,000 fixed) . . . . . . . .

370,000

410,000

 

 

Operating income . . . . . . . . . . . . . . . . . . . . . . .

$  190,000

$  230,000

 

$

Income taxes (30% of operating income) . . . . .

       57,000

       69,000

 

                  

Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . .

$  133,000

$  161,000

 

$                

 

 

 

Complete Outdoor Outfitters’s flexible budget at the 90,000-unit level of activity. Assume that the cost of goods sold and variable operating expenses vary directly with sales and that income taxes remain at 30 percent of operating income.

Answers

Maurice Tutor
(5)
Status NEW Posted 30 Jul 2017 07:07 PM My Price 8.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------sol-----------uti-----------on.-----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be----------- ca-----------tch-----------

Not Rated(0)
Relevent Questions