subject
Business, 20.09.2019 19:20 andy6128

Stewart'sstewart's steel parts produces parts for the automobile industry. the company has monthly fixed expenses of $ 630 comma 000$630,000 and a contribution margin of 7070% of revenues. stewartstewart feels like he's in a giant squeeze play: the automotive manufacturers are demanding lower prices, and the steel producers have increased raw material costs. stewart'sstewart's contribution margin has shrunk to 4040% of revenues. the company's monthly operating income, prior to these pressures, was $ 105 comma 000$105,000. read the requirement 1. to maintain this same level of profit, what sales volume (in sales revenue) must stewartstewart now achieve? begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach. ( fixed expenses + operating income ) / contribution margin ratio = target sales in dollars (round your answer up to the nearest whole dollar.) stewart must now achieve sales of $ to maintain the same level of profit.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 19:50
One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card used (visa, mastercard, american express, or discover), and (2) the amount (in dollars) of each purchase. identify the level of each variable measured.
Answers: 1
question
Business, 21.06.2019 21:50
You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?
Answers: 2
question
Business, 22.06.2019 04:30
Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)
Answers: 1
question
Business, 22.06.2019 20:30
When many scrum teams are working on the same product, should all of their increments be integrated every sprint?
Answers: 3
You know the right answer?
Stewart'sstewart's steel parts produces parts for the automobile industry. the company has monthly f...
Questions
question
Social Studies, 22.08.2019 17:40
question
Social Studies, 22.08.2019 17:40
question
Social Studies, 22.08.2019 17:40
question
History, 22.08.2019 17:40
Questions on the website: 13722360