Homework Answers
Break even point = Fixed costs/(Revenue per client - Variable cost per client)
= 120,000/(3000-500)
= 48 clients
Annual Profit/Loss = Revenue - Variable costs - Fixed costs
When 40 clients are serviced
Profit = 40*(3000-500) - 120,000
= -$20,000
When 60 clients are served
Profit = 60*2500-120,000
= $30,000
Add Answer to:
the aliterende velweli DULICONCEP. The fixed costs at Mahi consulting company are $120,000 anni annual revenue...
1. The fixed costs incurred by a small research are S 200,000 per year, Variable costs...
1. The fixed costs incurred by a small research are S 200,000 per year, Variable costs are 60 % of the annual revenue. If the annual revenue is $ 300,000, then the annual profit/loss is: a.$100,000 profit b.$120,000 profit . $80,000 profit d. $80,000 loss 2. Standard cost per unit of output is established: In advance of actual production or service delivery b. During actual production or service delivery c.After actual production or service delivery d None of the above...
EA6. LO 2.2 Carr Company provides human resource consulting services to small- and medium-sized companies. Last...
EA6. LO 2.2 Carr Company provides human resource consulting services to small- and medium-sized companies. Last year, Carr provided services to 700 clients. Total fixed costs were $159,000 with total variable costs of $87,500. Based on this information, complete this chart: 500 Clients 800 Clients 900 clients Total costs Fixed costs Variable costs Total costs Cost per client Fixed cost Variable cost Total cost per client
Company manufactures molds for casting aluminium alloy test samples. Fixed costs amount to 20 000,- per year. Variable...
Company manufactures molds for casting aluminium alloy test samples. Fixed costs amount to 20 000,- per year. Variable costs for each unit manufactured are 16,- sales price is 28,- a) Calculate the breakeven point in unit sales b) what is the operating profit (loss) if the company manufactures and sells i) 1 500 units per year ii) 3 000 units per year c) Calculate the breakeven point in unit sales if variable costs decrease by 20% and selling price decrease...
Assume a local Cost Cutters provides cuts, perms, and hairstyling services. Annual fixed costs are $120,000, and variabl...
Assume a local Cost Cutters provides cuts, perms, and hairstyling services. Annual fixed costs are $120,000, and variable costs are 50 percent of sales revenue. Last year's revenues totaled $270,000. (a) Determine its break-even point in sales dollars. (b) Determine last year's margin of safety in sales dollars. (c) Determine the sales volume required for an annual profit of $90,000.
Please answer number 2 and 4. I appreciate you! . A company has annt fixed costs...
Please answer number 2 and 4. I appreciate you!
. A company has annt fixed costs of $2,000 per month and variable costs of S2 per unit produced. If the company charges $12 per unit for their product, what is the breakeven annual production quantity? Assume that the profit expected per month is $10,000, how many units should be sold per month? 2. A concrete mixer has been purchased to improve production in IE 2324 class. There are two operators...
Required If total fixed cost at James Company is $1,095,000 and the sales mix remains constant,...
Required If total fixed cost at James Company is $1,095,000 and the sales mix remains constant, what is the number of units of product X that will be sold as part of the breakeven sales mix? 3) 2-36 Multiproduct breakeven analysis Brant Consulting designs costing and transfer pricing sys- tems for its clients. Here is a summary of volume, revenue and cost expectations for the upcom- ing year: COSTING PROJECTS TRANSFER PRICING PROJECTS FIRM ITEM PER UNIT 50 Joes PER...
Total Revenue Profit Total Cost CVP Analysis Variable Cout Fed Cost Units Sold In Class Example...
Total Revenue Profit Total Cost CVP Analysis Variable Cout Fed Cost Units Sold In Class Example Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs of $60 per unit. Variable selling expenses are $18 per unit, annual fixed manufacturing costs are $480,000, and fixed selling and administrative costs are $240,000 per year. (1) Calculate the breakeven point in units and sales dollars. (2) Prepare a contribution margin income statement to...
Two automatic systems for dispensing digital topography maps are compared by a geoseismic consulting company. The...
Two automatic systems for dispensing digital topography maps are
compared by a geoseismic consulting company.
The accompanying breakeven chart of the comparison of these
systems ((System I vs. System II) shows total yearly costs for the
number of maps dispensed per year for both alternatives.
a) What is the fixed cost for System
I?
b) What is the fixed cost for System
II?
c) What is the variable cost per map dispensed for System I?
d)...
Dynamo Company has the following revenue and cost information: Sales Price = $50 per unit Fixed...
Dynamo Company has the following revenue and cost information: Sales Price = $50 per unit Fixed Costs = $120,000 Variable Costs = $40 per unit What is the break-even point in units? A. 12,000 B. 3,000 C. 2,400 D. 150,000
What are the expected average quarterly costs of running a consulting practice if fixed costs are...
What are the expected average quarterly costs of running a consulting practice if fixed costs are expected to be $4,600 a month and variable costs are expected to be $180 per client for each quarter? Expected number of clients for the year are (Do not round intermediate calculations): Jan-March July-Sep Oct-Dec April-June 165 135 155 100 Multiple Choice o О $38,75 $38.775 o $42,975 o $52,875 О $24,975
1. The fixed costs incurred by a small research are S 200,000 per year, Variable costs are 60 % of the annual revenue. If the annual revenue is $ 300,000, then the annual profit/loss is: a.$100,000 profit b.$120,000 profit . $80,000 profit d. $80,000 loss 2. Standard cost per unit of output is established: In advance of actual production or service delivery b. During actual production or service delivery c.After actual production or service delivery d None of the above...
EA6. LO 2.2 Carr Company provides human resource consulting services to small- and medium-sized companies. Last year, Carr provided services to 700 clients. Total fixed costs were $159,000 with total variable costs of $87,500. Based on this information, complete this chart: 500 Clients 800 Clients 900 clients Total costs Fixed costs Variable costs Total costs Cost per client Fixed cost Variable cost Total cost per client
Please answer number 2 and 4. I appreciate you!
. A company has annt fixed costs of $2,000 per month and variable costs of S2 per unit produced. If the company charges $12 per unit for their product, what is the breakeven annual production quantity? Assume that the profit expected per month is $10,000, how many units should be sold per month? 2. A concrete mixer has been purchased to improve production in IE 2324 class. There are two operators...
Required If total fixed cost at James Company is $1,095,000 and the sales mix remains constant, what is the number of units of product X that will be sold as part of the breakeven sales mix? 3) 2-36 Multiproduct breakeven analysis Brant Consulting designs costing and transfer pricing sys- tems for its clients. Here is a summary of volume, revenue and cost expectations for the upcom- ing year: COSTING PROJECTS TRANSFER PRICING PROJECTS FIRM ITEM PER UNIT 50 Joes PER...
Total Revenue Profit Total Cost CVP Analysis Variable Cout Fed Cost Units Sold In Class Example Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs of $60 per unit. Variable selling expenses are $18 per unit, annual fixed manufacturing costs are $480,000, and fixed selling and administrative costs are $240,000 per year. (1) Calculate the breakeven point in units and sales dollars. (2) Prepare a contribution margin income statement to...
Two automatic systems for dispensing digital topography maps are
compared by a geoseismic consulting company.
The accompanying breakeven chart of the comparison of these
systems ((System I vs. System II) shows total yearly costs for the
number of maps dispensed per year for both alternatives.
a) What is the fixed cost for System
I?
b) What is the fixed cost for System
II?
c) What is the variable cost per map dispensed for System I?
d)...
What are the expected average quarterly costs of running a consulting practice if fixed costs are expected to be $4,600 a month and variable costs are expected to be $180 per client for each quarter? Expected number of clients for the year are (Do not round intermediate calculations): Jan-March July-Sep Oct-Dec April-June 165 135 155 100 Multiple Choice o О $38,75 $38.775 o $42,975 o $52,875 О $24,975
Most questions answered within 3 hours.
-
An infinite sheet of charge that has a surface charge density of
39 nC/m2 lies in...
asked 50 minutes ago -
After watching the lectures I am still having a hard time
understanding these equations.
1. The...
asked 1 hour ago -
Testing:
H0:μ=56.9
H1:μ<56.9
Your sample consists of 23 subjects, with a mean of 56.3 and
standard...
asked 2 hours ago -
straight wire, labeled as Wire A, lies horizontally on a
tabletop and is oriented to run...
asked 2 hours ago -
For a Chi-Squared Goodness of Fit Test about a uniform
distribution, complete the table.
Round to...
asked 2 hours ago -
Milk of magnesia is only slightly soluble in water. Kc for the
reaction Mg(OHs)(s)>Mg2+(a) + 2OH-1(aq)...
asked 2 hours ago -
Excel's HYPGEOM.DIST function can be used to compute _____.
a. both hypergeometric probabilities and cumulative
hypergeometric...
asked 2 hours ago -
The rocket used for the human lunar missions was the Saturn V
rocket. At liftoff the...
asked 2 hours ago -
1. The East Street Bagel Shop has a weekly demand for 3,500
bagels, which they make...
asked 2 hours ago -
paraphrasing each paragraph
“Where two or more persons knowingly act together unlawfully,
the act of each...
asked 2 hours ago -
The lateral line system in fish is contained which of the
following?
chemoreceptors
photoreceptors
mechanoreceptors
odor...
asked 2 hours ago -
Find the y-intercept of y =-5 x. The y-intercept of y equals
negative 5 x is______...
asked 2 hours ago