Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. john corporaton is a single product firm with the

John Corporaton is a single product firm with the following cost formula for all of...

70.2K

Verified Solution

Question

Accounting

John Corporaton is a single product firm with the following cost formula for all of its costs for next year, where X is the number of units sold and Y is total cost:

Y=$225,000 + $30X

John sells its product for $120 per unit. What would John's total sales dollars have to be next year in order to generate $270,000 of net operating income?

A. $618,750

B. $1,080,000

C. $1,980,000

D. $660,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Describe the main regions and features of the Large Intestine. What are its main functions? What...

Medical Sciences
Q

5. Arsalaan A., a well-known financial analyst, selected 50 consecutive years of U.S. financial markets data...

Basic Math
Q

subject:engineering mathematics solve [cos(x+y)-sin(x+y)]dx-sin(x+y)dy=0,is the ODE exact?Find an integrating factor and solve the ODE.

Advance Math
Q

1 Select all the distribution shapes for which it is most often appropriate to use...

Statistics
Q

Segment Reporting and Analysis \begin{tabular}{|l|r|r|r|} \hline & \multicolumn{3}{c|}{ Professional Division } \\ & Accounting &...

Accounting
Q

Hapoy Bank starts with $500 in bank capital. It then takes in $1,000 I assets...

Accounting
Q

Vicky has a t-shirt shop. Her plan for 2023 was to sell 5,601 t-shirts...

Accounting
Q

Deacon Company is a merchandising company that is preparing a budget for the three-month period...

Accounting
Q

What is inflation? A) A decrease in the general price level ...

Accounting
Q

Please help me with this question. Thank you! Portfolios A through J, which...

Accounting
Q

3. Evaluating free cash flows and return on invested capital You are an industry analyst...

Finance
Q

Brighton, Inc., manufactures kitchen tiles. The company recently expanded, and the controller believes that it...

Accounting