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Compu classifications described above. te (a) prime costs and (b) the conversion costs of EBY Metal...
Compute breakeven point for each venue in terms of tickets sold (B) (20 marks) A company...
Compute breakeven point for each venue in terms of tickets sold (B) (20 marks) A company sells 2000 units of its only product for $50 per unit, variable cost is $20 per unit, and fixed costs are $60,000 per month. Compute the breakeven point (BEP) in units and in revenues? се (20 marks) EBY Metal Products reported the following components in its manufacturing costs for April 29 (in thousands): 2. Direct costs: Direct materials Direct manufacturing labor salaries Subcontracting 430...
300,000 Coolvision Company manufactures sunglasses. Last year, the company sold 30,000 of these sunglasses, with the...
300,000 Coolvision Company manufactures sunglasses. Last year, the company sold 30,000 of these sunglasses, with the following Sales (30,000 sunglasses).. $750,000 Variable expenses ........ 450,000 Contribution margin Fixed expenses ..... 210,000 Net operating income... $ 90,000 Required: 1. What is the contribution margin ratio? 3 marks ii. What is the breakeven point in units? 3 marks iii. What is the breakeven point in dollars? 3 marks CVP Formula ---- 1. Unit CM = Selling Price - VC per unit 2....
Firm A Revenues and Costs Thousands of Dollars Firm B Revenues and Costs Thousands of Dollars...
Firm A Revenues and Costs Thousands of Dollars Firm B Revenues and Costs Thousands of Dollars 280 Total otal Costs Total Costs 28 Total 240 20 - 160 120 240 200 160 120 80 40 Breakeven Point (30 240) Breakeven Point 122222, 188 889) l Fixed Costs Foed Costs 80 40 0 10 20 30 40 50 60 Unts (Thousands) 0 10 20 30 40 50 60 Units (Thousands) a. Given the graphs above, calculate the total foxed costs, variable...
Part b 4. (A) (25 marks) The Chamber of Commerce is planning its July 4 gala...
Part b
4. (A) (25 marks) The Chamber of Commerce is planning its July 4 gala ball. There are two a. Country Golf Club, which has a fixed rental cost of $2.000 plus a charge of $80 per b. Town Hall, which has a fixed rental cost of $6,600 The Chamber of Commerce can possible venues: person for its own catering of meals and serving of drinks. hire a caterer for meals and waiters to serve drinks at $60 per...
16. XPA Inc, sells a single product for $22 per unit. Variable costs are $10 per...
16. XPA Inc, sells a single product for $22 per unit. Variable costs are $10 per unit, and the fixed costs are $30,000 per year. XPA expects to sell 12.000 units in 2018. The profit for each unit sold above the breakeven point is: a. $9.50 per unit. b. $12.00 per unit. c. $22.00 per unit. d. $19.50 per unit. 17. Gustavo Inc. has a breakeven point of 20,000 units. The selling price is $20 per unit and total fixed...
The Brewer Company manufactures and sells pens. Currently, 5,300,000 units are sold per year at $0.50...
The Brewer Company manufactures and sells pens. Currently, 5,300,000 units are sold per year at $0.50 per unit. Fixed costs are $900,000 per year. Variable costs are $0.30 per unit Read the requirements. Requirements Requireme (a) Start by Operating income Consider each case separately: 1. a. What is the current annual operating income? b. What is the current breakeven point in revenues? Compute the new operating income for each of the following changes: 2. A $0.08 per unit increase in...
Question 1: CVP Time: 25 minutes Total: 20 marks Jonah Hill Company manufactures two products. Information...
Question 1: CVP Time: 25 minutes Total: 20 marks Jonah Hill Company manufactures two products. Information about the two products is as follows: Product X Product Y Selling price per unit $80 $30 Variable costs per unit 45 15 Contribution margin $35 $15 per unit The company expects fixed costs to be $189,000. The firm expects 60% of its sales (in units) to be Product X and 40% to be Product Y (a sales mix of 3:2). a. Calculate the...
Multiple Choice Questions 1. A company makes and sells product A and B. Twice as many...
Multiple Choice Questions 1. A company makes and sells product A and B. Twice as many units of product B are made and sold as that of product A. Each unit of product A makes a contribution of $10 and each unit of product B makes a contribution of $4. Fixed costs are $90,000. What is the total number of units which must be made and sold to make a profit of $45,000? A B C D 7500 22,500 15,000...
Multiple Choice Questions A company makes and sells product A and B. Twice as many units...
Multiple Choice Questions A company makes and sells product A and B. Twice as many units of product B are made and sold as that of product A. Each unit of product A makes a contribution of $10 and each unit of product B makes a contribution of $4. Fixed costs are $90,000. What is the total number of units which must be made and sold to make a profit of $45,000? A 7500 B 22,500 C 15,000 D 16875...
I. A company sells a product which has a unit sales price of $10, unit variable...
I. A company sells a product which has a unit sales price of $10, unit variable cost of $5 and total fixed costs of $280,000. The number of units the company must sell to break even is: 2. At the breakeven point of 3.000 units, variable costs are $300,000, and fixed costs are S180,000. How much is the selling price per unit? 3. A company has total fixed costs of $160,000 and a contribution margin ratio of 20%. The total...
Compute breakeven point for each venue in terms of tickets sold (B) (20 marks) A company sells 2000 units of its only product for $50 per unit, variable cost is $20 per unit, and fixed costs are $60,000 per month. Compute the breakeven point (BEP) in units and in revenues? се (20 marks) EBY Metal Products reported the following components in its manufacturing costs for April 29 (in thousands): 2. Direct costs: Direct materials Direct manufacturing labor salaries Subcontracting 430...
300,000 Coolvision Company manufactures sunglasses. Last year, the company sold 30,000 of these sunglasses, with the following Sales (30,000 sunglasses).. $750,000 Variable expenses ........ 450,000 Contribution margin Fixed expenses ..... 210,000 Net operating income... $ 90,000 Required: 1. What is the contribution margin ratio? 3 marks ii. What is the breakeven point in units? 3 marks iii. What is the breakeven point in dollars? 3 marks CVP Formula ---- 1. Unit CM = Selling Price - VC per unit 2....
Firm A Revenues and Costs Thousands of Dollars Firm B Revenues and Costs Thousands of Dollars 280 Total otal Costs Total Costs 28 Total 240 20 - 160 120 240 200 160 120 80 40 Breakeven Point (30 240) Breakeven Point 122222, 188 889) l Fixed Costs Foed Costs 80 40 0 10 20 30 40 50 60 Unts (Thousands) 0 10 20 30 40 50 60 Units (Thousands) a. Given the graphs above, calculate the total foxed costs, variable...
Part b
4. (A) (25 marks) The Chamber of Commerce is planning its July 4 gala ball. There are two a. Country Golf Club, which has a fixed rental cost of $2.000 plus a charge of $80 per b. Town Hall, which has a fixed rental cost of $6,600 The Chamber of Commerce can possible venues: person for its own catering of meals and serving of drinks. hire a caterer for meals and waiters to serve drinks at $60 per...
16. XPA Inc, sells a single product for $22 per unit. Variable costs are $10 per unit, and the fixed costs are $30,000 per year. XPA expects to sell 12.000 units in 2018. The profit for each unit sold above the breakeven point is: a. $9.50 per unit. b. $12.00 per unit. c. $22.00 per unit. d. $19.50 per unit. 17. Gustavo Inc. has a breakeven point of 20,000 units. The selling price is $20 per unit and total fixed...
The Brewer Company manufactures and sells pens. Currently, 5,300,000 units are sold per year at $0.50 per unit. Fixed costs are $900,000 per year. Variable costs are $0.30 per unit Read the requirements. Requirements Requireme (a) Start by Operating income Consider each case separately: 1. a. What is the current annual operating income? b. What is the current breakeven point in revenues? Compute the new operating income for each of the following changes: 2. A $0.08 per unit increase in...
Question 1: CVP Time: 25 minutes Total: 20 marks Jonah Hill Company manufactures two products. Information about the two products is as follows: Product X Product Y Selling price per unit $80 $30 Variable costs per unit 45 15 Contribution margin $35 $15 per unit The company expects fixed costs to be $189,000. The firm expects 60% of its sales (in units) to be Product X and 40% to be Product Y (a sales mix of 3:2). a. Calculate the...
Multiple Choice Questions 1. A company makes and sells product A and B. Twice as many units of product B are made and sold as that of product A. Each unit of product A makes a contribution of $10 and each unit of product B makes a contribution of $4. Fixed costs are $90,000. What is the total number of units which must be made and sold to make a profit of $45,000? A B C D 7500 22,500 15,000...
I. A company sells a product which has a unit sales price of $10, unit variable cost of $5 and total fixed costs of $280,000. The number of units the company must sell to break even is: 2. At the breakeven point of 3.000 units, variable costs are $300,000, and fixed costs are S180,000. How much is the selling price per unit? 3. A company has total fixed costs of $160,000 and a contribution margin ratio of 20%. The total...
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