Please answer all of them 17 Stephanie's Bridal Shoppe sells...

80.2K

Verified Solution

Question

Accounting

Please answer all of them
image
17 Stephanie's Bridal Shoppe sells wedding dresses. The selling price of each dress is S1,000, variable costs are $400 per dress, and fixed costs are $90,000. What is the Pridal Shoppe's operating income when 200 dresses are sold? $30,000 - $80,000 $200,000 $100,000 How many dresses are sold when operating income is zero? 225 dresses 150 dresses 100 dresses 90 dresses How many dresses must the Bridal Shoppe sell to yield after-tax net income of $18,000, assuming the tax rate is 40%? 180 dresses 170 dresses 150 dresses 200 dresses Buell Motorcycles provided the following information for last month: Sales $100,000 Variable costs 20,000 Fixed costs 10.000 Operating income 70,000 If sales double next month, what is the projected operating income? $140,000 $170.000 S150,000 $200,000 5. If the breakeven point is 500 units and each unit sells for $25. then: selling 600 units will result in a profit sales of $10,000 will result in a loss sales of $12,500 will result in zero profit All of these answers are correct. What is the ASC for Cash and Cash Equivalents? ASC 105 ASC 115 ASC 305 ASC 330 7. Which of the following WOULD NOT be reflected on an INDIRECT cash flow statements? Gains/Losses from Sales of Investments Cash Collected from Customers Changes in Long Term Liabilities Net Loss

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students