Assignments Answers
  • Home
  • Post Question
  • Free signup
  • About
  • Contact us


Toledo Tool Company (TTC) manufactures a line of electric garden tools that are s old in general hardware stores.

Toledo Tool Company (TTC) manufactures a line of electric garden tools that are s old in general hardware stores. The company’s controller, Will Fulton, has just received the sales forecast for the coming year for TTC’s three products: hedge clippers, line trimmers, and leaf blowers. TTC has experienced considerable variations in sales volumes and variable costs over the past two years, and Fulton believes the forecast should be carefully evaluated from a cost-volume-profit viewpoint. The preliminary budget information for 20×4 follows:

  Hedge Clippers Line Trimmers Leaf Blowers
  Unit sales   50,000     50,000     100,000  
  Unit selling price   $84     $108     $144  
  Variable manufacturing cost per unit   39     36     75  
  Variable selling cost per unit   15     12     18  

For 20×4, TTC’s fixed manufacturing overhead is budgeted at $6,000,000, and the company’s fixed selling and administrative expenses are forecasted to be $1,800,000. TTC has a tax rate of 40 percent.

Required:

1. Determine TTC’s budgeted net income for 20×4.

2. Assuming the sales mix remains as budgeted, determine how many units of each product TTC must sell in order to break even in 20×4.

Hedge Clippers

Line Trimmers

Leaf Blowers

3. After preparing the original estimates, management determined that its variable manufacturing cost of leaf blowers would increase by 20 percent, and the variable selling cost of line trimmers could be expected to increase by $3 per unit. However, management has decided not to change the selling price of either product. In addition, management has learned that its leaf blower has been perceived as the best value on the market, and it can expect to sell three times as many leaf blowers as each of its other products. Under these circumstances, determine how many units of each product TTC would have to sell in order to break even in 20×4. (Do not round intermediate calculations.)

Hedge Clippers # of units

Line trimmers # of units

Leaf blowers # of units



Assignment 2: Course Reflection Dillon, Jones, and Kline, Ltd. is studying the acquisition of two electrical component insertion systems for producing its sole product, the universal gismo.

Related Posts

Uncategorized

Assignment 08 CJ390 Victimology

Assignment 08 CJ390 Victimology Directions: Be sure to make an electronic copy of your answer before submitting it to Ashworth College for grading.  Unless otherwise stated, answer in complete sentences, and be sure to use correct English spelling and grammar.  Sources must be cited in APA format.  Your response should be four (4) pages in […]

Uncategorized

IDEA requires that special education students be provided a free and appropriate public education (FAPE) in the least

IDEA requires that special education students be provided a free and appropriate public education (FAPE) in the least restrictive environment (LRE). Special education teachers are among of the decision makers who identify what is the most appropriate, least restrictive educational environment for each student for whom an Individualized Education Program (IEP) is developed. It is […]

Uncategorized

Imagine that you are the human resources (HR) manager at a small start-up company, and your company has just been awarded a new contract

Imagine that you are the human resources (HR) manager at a small start-up company, and your company has just been awarded a new contract that is requiring a huge increase in the organization’s workforce. As a result, you have been asked to outline the process that you will use to develop an internally consistent compensation […]

Search question here

Recent Posts

  • Assignment 08 CJ390 Victimology
  • IDEA requires that special education students be provided a free and appropriate public education (FAPE) in the least
  • Imagine that you are the human resources (HR) manager at a small start-up company, and your company has just been awarded a new contract
  • Imagine that you are the human resources (HR) manager at a small start-up company, and your company has just been awarded a new contrac
  • Capital Punishment in the United States-8
  • Watch the job search videos in CandidCareers.
  • Supply Chains may be efficient but not always effective.  Why is it important to create a balance of efficiency and effectiveness in the supply chain?
  • Review the Topic Materials and the work completed in NRS-433V to formulate a PICOT statement for your capstone project.
  • Explanation in Personality Theory
  • Health Promotion In Minority Populations