As per HOMEWORKLIB RULES I can only solve the first 4 subparts of a question | |||
Sales per unit | $42.00 | ||
Variable cost per unit | $27.30 | ||
Contribution margin per unit | $14.70 | ||
Fixed costs per month | $65,415 | ||
a | Breakeven point in unit(Fixed costs/Contribution margin per unit) | 4450 | units |
b | Current sales | $2,20,000 | |
Less:Break-even sales(4,450 units*$42) | $1,86,900 | ||
Margin of safety | $33,100 | ||
Margin of safety ratio($33,100/$220,000) | 15.05% | ||
c | No. of units sold | 5000 | units |
Sales | $2,10,000.00 | ||
Less:Variable costs | $1,36,500.00 | ||
Contribution margin | $73,500.00 | ||
Less:Fixed Costs | $65,415.00 | ||
Operating Income | $8,085.00 | ||
d | No. of units sold | 5400 | units |
Sales(4500*$45) | $2,43,000.00 | ||
Less:Variable costs | $1,47,420.00 | ||
Contribution margin | $95,580.00 | ||
Less:Fixed Costs($65,415+$8,000) | $73,415.00 | ||
Operating Income | $22,165.00 | ||
CVP analysis-what-if questions; sales mix issue Ozark Metal Co. makes a single product that sells for...
CVP analysis—what-if questions; sales mix issue Ozark Metal Co. makes a single product that sells for $42 per unit. Variable costs are $27.30 per unit, and fixed costs total $65,415 per month. Required: a. Calculate the number of units that must be sold each month for the firm to break even. b. Assume current sales are $220,000. Calculate the margin of safety and the margin of safety ratio. c. Calculate operating income if 5,000 units are sold in a month....
CVP analysis -what if questions. sales mix ozark metal co. makes a single product that sells for $42 per unit. variable cost $27.30 per unit and fixed costs total $65,415. required: a. calculate the number the number of units must be sold each month for the firm to break even b assume current sales are $220,000. calculate the margin of safety and the margin of safety ratio c. calculate opoerating income if 5,000 units are sold in a month d...
Ozark Metal Co. makes a single product that sells for $42 per unit. Variable costs are $27.30 per unit, and fixed costs total $65,415 per month. a. Calculate the number of units that must be sold each month for the firm to break even b. Assume current sales are $272,000. Calculate the margin of safety and the margin of safety ratio. c. Calculate the operating income if 5,000 units are sold in a month. d. Calculate operating income if the...
uy business accounting / accounting solutions manuals / accounting: what the numbers mean/lith edition ng: what the numbers mean / 11th edition / chapter 12 ccounting: What the Numbers Mean|(11th Editic ee this solution in the app Chapter 12. Problem 24P 3 Bookmarks Show all steps: ON Problem CVP analysis-what-if questions; sales mix issue Miller Metal Co. makes a single product that sells for $32 per unit. Variable costs are $20.80 per unit, and fixed costs total $47,600 per month....
Monterey Co. makes and sells a single product. The current selling price is $15 per unit. Variable expenses are $9 per unit, and fixed expenses total $31,900 per month. (Unless otherwise stated, consider each requirement separately.) a. Calculate the break-even point expressed in terms of total sales dollars and sales volume. (Do not round intermediate calculations.) break even sales = break even volume = units b. Calculate the margin of safety and the margin of safety ratio. Assume current sales...
iler Metal Co makes a singla product that sells for $41.5 per unt Variable costs are $27.9 per unit, and fxed costs total $65 905 per month Caleulate the number of units that must be sold each month for the fam o break-even. (Do net round intermediate calculations) b. Assume ourrent salea aro 5416,000 Calbulate the margin of safoty and the margin of safery ratio. (Round intarmediate calculations to the nearest whole numbor.] Margin of sofety Margin of safety rat...
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Wesley Company manufactures and sells a single product. The company's sales and expenses for last quarter follow: Sales Less: Variable expenses Total $450,000 270,000 Per Unit $ 90 54 Contribution margin 180,000 $ 36 Less: Fixed expenses 90,000 Net operating income $ 90,000 Required: 1. What is the quarterly break-even point in units sold and in sales dollars? Break-even point in units sold Break-even point in sales dollars 2. Without resorting to computations, calculate the total contribution margin at the...
CVP and Sensitivity Analysis (Single Product). Victoria, Inc., has annual fixed costs totaling $240,000 and variable costs of $6 per unit. Each unit of product is sold for $30. Victoria expects to sell 12,000 units this year (this is the base case). Required: Find the break-even point in units. How many units must be sold to earn an annual profit of $100,000? (Round to the nearest unit.) Find the break-even point in sales dollars. What amount of sales dollars is...