Answer:
The answer is = 1,262,000units
Explanation:
Fixed cost = $648,640
Unit selling price = $7.40
Unit cost price = $5.68
Target profit/net income= $1,522,000
Unit Contribution margin = Unit selling price - unit variable cost
$7.40 - $5.68
=$1.72
Sales in units to achieve its target net income = (fixed Cost + target profit or net income)/unit contribution margin
($648,640 + $1,522,000)/$1.72
=$2,170,649 / $1.72
=1,262,000units
Therefore, Sheridan Corporation needs to sell =1,262,000units to achieve a target income of $1,522,000.
The answer to number 2 is B. so that you do not take any trade secrets like recipes from the company if you leave
Product organisation is the grouping of sales and production efforts of a business as per the line of products and services of the business. This kind of organisation is chosen by businesses when they have some different product lines and they require special expertise for marketing and distributing them.
Answer:
Current Period Productivity= 3.7units/hour
Previous Period Productivity= 2.9units/hour
Explanation:
Giving the following information:
Worker produced 185 units while working 50 hours.
In the previous week, the same worker produced 116 units while working 40 hours.
We will compute productivity based on units per hour.
Worker productivity= Total units/total hours
Current Period Productivity= 185/50= 3.7units/hour
Previous Period Productivity= 116/40= 2.9units/hour
Answer:
$1,645,000
Explanation:
The computation of the taxable income is shown below:
Taxable income is
= Book income + income tax expenses - muncipal bond interest + (50% × meal expenses)
= $1,200,000 + $380,000 - $10,000 + ($150,000 × 50%)
= $1,645,000
We simply recognized only 50% of meal expenses and with the help of above items we calculated the taxable income
