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QUESTION 4 (15 MARKS) LGE Enterprise is a manufacturer of pinewood dining tables. A set is...
QUESTION 4 (15 MARKS) LGE Enterprise is a manufacturer of pinewood dining tables. A set is...
QUESTION 4 (15 MARKS) LGE Enterprise is a manufacturer of pinewood dining tables. A set is sold at RM700. The variable cost is RM300 per set and the fixed cost of the business is RM100,000 per year. Required: Calculate the contribution margin for a set of dining table. (ii) Determine the number of set of dining table that need to be sold to achieve break-even point. (2 marks) (iii) Determine the number of set of dining table that need to...
QUESTION 4 (15 MARKS) LGE Enterprise is a manufacturer of pinewood dining tables. A set is...
QUESTION 4 (15 MARKS) LGE Enterprise is a manufacturer of pinewood dining tables. A set is sold at RM700. The variable cost is RM300 per set and the fixed cost of the business is RM100,000 per year. (v) Determine the number of set of dining table that need to be sold to achieve break-even point, if the price of pinewood is increased by RM10 for a set of dining table but the selling price is maintained at RM700. 650 350...
2. Cost-Volume-Profit: 15 marks Winson Cempany produces one product and has the capacity to manufacture 100,000...
2. Cost-Volume-Profit: 15 marks Winson Cempany produces one product and has the capacity to manufacture 100,000 unlts annually. The following information is available Seling price Variable manufacturing costs Fined manufacturing costs Flxed marketing and administrative costs Variable marketing and admisistrative costs $52 per unit $24 per unit $300,000 annuaily $240,000annually $8 per unit Required: (a) Cakcuiate the number of units that need to be sold annually to break even (2 marks) (2 marks) (e) In an attempt to achieve better...
A New-Edge restaurant in town provides six-sense experiential dining experience to their customers. The owner of...
A New-Edge restaurant in town provides six-sense experiential dining experience to their customers. The owner of the restaurant is interested to understand the break-even point of the business. The following table provides the necessary information regarding their business: Variable Cost % of Revenue $0.65 Items Soft Drink Burger lea Dessert Selling Price $1.25 $2.00 $1.00 $1.00 $0.95 $0.30 $0.35 31 The previous owner has advised the new owner to be sure to add 10% of variable cost as a waste...
Q.2 (Max Marks:90) Bombera Ltd operates at capacity and makes glass-topped dining tables and wooden chairs,...
Q.2 (Max Marks:90) Bombera Ltd operates at capacity and makes glass-topped dining tables and wooden chairs, which are then typically sold as sets of four chairs with one table. However, some customers purchase replacement or extra chairs, and others buy some chairs or a table only, so the sales mix is not exactly 4:1. Bombera Ltd is planning its annual budget for the financial year 2018. Information for 2018 follows: Input prices Direct materials Wood $5.30 per board metre Glass...
Question 2 25 Marks Kavango Ltd is considering investing in a project at a cost of...
Question 2 25 Marks Kavango Ltd is considering investing in a project at a cost of N$3 000 000. The estimated economic life of the project is 5 years. The company will use the straight-line method to depreciate the cost of the project over 5 years. The company estimates that sales will amount to 240 000 units per year at an estimated selling price of N$40 per unit. The company expects to incur fixed overheads, excluding depreciation of N$300 000...
Students x 1-4 Problem Set: Chapter 1 - A X 1 CengageNOWv2 Online teach x C...
Students x 1-4 Problem Set: Chapter 1 - A X 1 CengageNOWv2 Online teach x C Search Textbook Solutions Ch X + eAssignment/take AssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Calculator E Print Item Break-Even Point Nicolas Enterprises sells a product for $81 per unit. The variable cost is $47 per unit, while fixed costs are $184,960. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $87 per unit. a. Break-even...
Handy Home sells windows and doors in the ratio of 7:3 (windows:doors). The selling price of...
Handy Home sells windows and doors in the ratio of 7:3 (windows:doors). The selling price of each window is $105 and of each door is $255. The variable cost of a window is $65.00 and of a door is $177.50. Fixed costs are $640,625. (Enter your "per unit" values in two decimal places.) (1) Determine the selling price per composite unit. Quantity Selling Price per unit Total per composite unit Windows Doors (2) Determine the variable costs per composite unit....
QUESTION I (20 MARKS) Teratak Enterprise has just organized a new division to manufacture and sell...
QUESTION I (20 MARKS) Teratak Enterprise has just organized a new division to manufacture and sell specially designed e-tables for personal computers. The division's monthly oosts are shown in the schedule below: Manufacturing costs: Variable costs per unit: Direct materials RM86 Direct labor RM10 Variable manufacturing overhead Fixed manufacturing overhead Selling and administrative cost: Variable RM240,000 15% of sales RM160,000 Fixed Duning the current year operations, Teratak Enterprise produced 4,000 units and sold 3,200 units. The selling price of the...
Paragraph Question 4: (total 6 marks) AD Company estimates that variable costs will be 70% of...
Paragraph Question 4: (total 6 marks) AD Company estimates that variable costs will be 70% of sales and fixed costs will total $1,800,000. The selling price of the product is $10, and 700,000 units will be sold. Instructions: Using the mathematical equation (a) Compute the break-even point in units and dollars. (b) Compute the margin of safety in dollars and as a ratio. (c) Compute net income. (2 marks) (2 marks) (2 marks) Clipboard Font Paragraph Question 4: (total 6...
QUESTION 4 (15 MARKS) LGE Enterprise is a manufacturer of pinewood dining tables. A set is sold at RM700. The variable cost is RM300 per set and the fixed cost of the business is RM100,000 per year. Required: Calculate the contribution margin for a set of dining table. (ii) Determine the number of set of dining table that need to be sold to achieve break-even point. (2 marks) (iii) Determine the number of set of dining table that need to...
QUESTION 4 (15 MARKS) LGE Enterprise is a manufacturer of pinewood dining tables. A set is sold at RM700. The variable cost is RM300 per set and the fixed cost of the business is RM100,000 per year. (v) Determine the number of set of dining table that need to be sold to achieve break-even point, if the price of pinewood is increased by RM10 for a set of dining table but the selling price is maintained at RM700. 650 350...
2. Cost-Volume-Profit: 15 marks Winson Cempany produces one product and has the capacity to manufacture 100,000 unlts annually. The following information is available Seling price Variable manufacturing costs Fined manufacturing costs Flxed marketing and administrative costs Variable marketing and admisistrative costs $52 per unit $24 per unit $300,000 annuaily $240,000annually $8 per unit Required: (a) Cakcuiate the number of units that need to be sold annually to break even (2 marks) (2 marks) (e) In an attempt to achieve better...
A New-Edge restaurant in town provides six-sense experiential dining experience to their customers. The owner of the restaurant is interested to understand the break-even point of the business. The following table provides the necessary information regarding their business: Variable Cost % of Revenue $0.65 Items Soft Drink Burger lea Dessert Selling Price $1.25 $2.00 $1.00 $1.00 $0.95 $0.30 $0.35 31 The previous owner has advised the new owner to be sure to add 10% of variable cost as a waste...
Question 2 25 Marks Kavango Ltd is considering investing in a project at a cost of N$3 000 000. The estimated economic life of the project is 5 years. The company will use the straight-line method to depreciate the cost of the project over 5 years. The company estimates that sales will amount to 240 000 units per year at an estimated selling price of N$40 per unit. The company expects to incur fixed overheads, excluding depreciation of N$300 000...
Students x 1-4 Problem Set: Chapter 1 - A X 1 CengageNOWv2 Online teach x C Search Textbook Solutions Ch X + eAssignment/take AssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Calculator E Print Item Break-Even Point Nicolas Enterprises sells a product for $81 per unit. The variable cost is $47 per unit, while fixed costs are $184,960. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $87 per unit. a. Break-even...
Handy Home sells windows and doors in the ratio of 7:3 (windows:doors). The selling price of each window is $105 and of each door is $255. The variable cost of a window is $65.00 and of a door is $177.50. Fixed costs are $640,625. (Enter your "per unit" values in two decimal places.) (1) Determine the selling price per composite unit. Quantity Selling Price per unit Total per composite unit Windows Doors (2) Determine the variable costs per composite unit....
QUESTION I (20 MARKS) Teratak Enterprise has just organized a new division to manufacture and sell specially designed e-tables for personal computers. The division's monthly oosts are shown in the schedule below: Manufacturing costs: Variable costs per unit: Direct materials RM86 Direct labor RM10 Variable manufacturing overhead Fixed manufacturing overhead Selling and administrative cost: Variable RM240,000 15% of sales RM160,000 Fixed Duning the current year operations, Teratak Enterprise produced 4,000 units and sold 3,200 units. The selling price of the...
Paragraph Question 4: (total 6 marks) AD Company estimates that variable costs will be 70% of sales and fixed costs will total $1,800,000. The selling price of the product is $10, and 700,000 units will be sold. Instructions: Using the mathematical equation (a) Compute the break-even point in units and dollars. (b) Compute the margin of safety in dollars and as a ratio. (c) Compute net income. (2 marks) (2 marks) (2 marks) Clipboard Font Paragraph Question 4: (total 6...
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