Smoothit inc is facing a problem with their 4th quarter absorption costing net operating income on december 23rd. the net operating income target is $2,000,000 and the data so far is as follows :
sales revenue : $25,000,000 ($500 per unit)
variable cost of goods sold : $10,000,000 ($200 per unit )
fixed overhead : $12,000,000
fixed selling and adminstrative : $2,000,000
variable selling and admin : 4% commission on sales
smoothit has a policy of having 0 inventories at the end of each quarter. no further sales are possible during the year and all the units that have been produced so far have been sold. the ceo is planning to produce items for inventory to meet net operating income target .
question : how many units need to be produced for inventory to meet net operating income target if sales commission is left unchanged at 4% ?
a) 4,054 b) 30,000 c) 10,000 d) 15,000 e) none

Fanning company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. skin cream bath oil color gel budgeted sales in units (a) 110,000 190,000 70,000 expected sales price (b) $8 $4 $11 variable costs per unit (c) $2 $2 $7 income statements sales revenue (a × b) $880,000 $760,000 $770,000 variable costs (a × c) (220,000) (380,000) (490,000) contribution margin 660,000 380,000 280,000 fixed costs (432,000) (240,000) (76,000) net income $228,000 $140,000 $204,000 required: (a) determine the margin of safety as a percentage for each product. (b) prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. (c) for each product, determine the percentage change in net income that results from the 20 percent increase in sales. (d) assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? (e) assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?

Drag each label to the correct location on the image determine which actions by a manager are critical interactions - listening to complaints - interacting with customers - responding to complaints - assigning staff duties -taking action to address customer grievances -keeping track of reservations

A.j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a.j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a.j. could have probably handled. a.j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a.j. was recognizing the culture at idle time gaming.