How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask F. Naz Your Own Question

F. Naz
F. Naz, Chartered Accountant
Category: Homework
Satisfied Customers: 5231
Experience:  Experience with chartered accountancy
Type Your Homework Question Here...
F. Naz is online now
A new question is answered every 9 seconds

Problem 1. Generally, an organization will not operate beyond

Customer Question

3. Norville creations wants to achieve an after-tax profit of $45,000 for the year ended December 31, Year 1. The company sells its product for $35 per unit and has a contribution margin ratio of 15%. the company's fixed costs are currently $150,000 and its tax rate is 25%. How many units must Norville selll to achieve its after-tax profit objective? a. 11,092 b. 37,143 c. 40,000 d. 62,857 4. Excalibur Corporation has developed a model to predict sales revenue for its line of beach towels and swimwear based on long-range weather forecasts. The sale of the line is positively correlated with mean temperature and the probability of the occurence of a particular range of mean temperatures, which is developed independently by the National Weather Service. The probability of mean temperature and realted sales of product line units are asd indicated below for the month of July: Unit sales Temperature Probability 10,000 75-79 5% 30,000 80-84 25 50,000 84-87 50 40,000 87-89 15 25,000 over 90 5 What sales volume, in units, would Excalibur Corporation anticipate using the expected value approach? a. 31,000 b. 40,250 c. 50,000 d. 155,000 5. Controllable margin is used as a refined measure of strategic business unit reporting that is best described as: a. Margins reported to strategic business unit managers realted to the revenues and costs specifically within the managers control and responsibility. b. contribution margin net of controllable fixed xcosts (those costs that managers can impact in less than one year.) c. Margins exclusively focused on entirely direct costs. d. Margins derived after comprehensive consideration of all costs designed to achieve strategic objectives 6. Startegic objectives for the mission and vision of the organization are generally linked to realted objectives. All of the following obejectives are typically regarded as related objectives except: a. operations objectives b. reporting objectives c. information technology objectives d. compliance objectives 7. Employee perception that leadership is not interested in the ideas from personnel has what logical and unwanted consequence? a. Managers may be the last to know about problems that are "common knowledge" b. personnel may become overly specialized c. management communications may be ignored d. increased use of the ethics hotline 3. Mo' Joe Coffee Shop is concerned as to whether its brand name is XXXXX XXXXX wants to compute a market share variance to measure the effect of the companys market share on the company's contribution margin. Mo' Joe sold 90,000 units compared to a budgeted 120,000 units in a market that regularly commands 500,000 units in sales. The budgeted contribution margin per unit is $ .88 while the actual contribution margin achieved was $ .56 per unit. Mo Joe's market share variance is: a. $26,400 b. (26,400) c. 16,800 d. (16,800
Submitted: 5 years ago.
Category: Homework
Expert:  F. Naz replied 5 years ago.

You need to spend $3 to view this post. Add Funds to your account and buy credits.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Previous | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX

Meet The Experts:

  • LogicPro



    Satisfied Customers:

    Expert in Java C++ C C# VB Javascript Design SQL HTML
< Last | Next >
  • LogicPro's Avatar



    Satisfied Customers:

    Expert in Java C++ C C# VB Javascript Design SQL HTML
  • Manal Elkhoshkhany's Avatar

    Manal Elkhoshkhany


    Satisfied Customers:

    More than 5000 online tutoring sessions.
  • Linda_us's Avatar


    Finance, Accounts & Homework Tutor

    Satisfied Customers:

    Post Graduate Diploma in Management (MBA)
  • Chris M.'s Avatar

    Chris M.

    M.S.W. Social Work

    Satisfied Customers:

    Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)
  • F. Naz's Avatar

    F. Naz

    Chartered Accountant

    Satisfied Customers:

    Experience with chartered accountancy
  • Bizhelp's Avatar



    Satisfied Customers:

    Bachelors Degree and CPA with Accounting work experience
  • Seanna's Avatar



    Satisfied Customers:

    3,000+ satisfied customers, all topics, A+ work

Related Homework Questions