Homework Answers
Break even revenue =Total Fixed cost / contribution p.u
Contribution p.u = sales price- variable cost
= $30-$20
= $10
Break even revenue= $1000/$10
=$100
Answer - A -$ 100
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3. Total fixed costs are $1,000, the price is $30, unit variable cost is $20. Breakeven...
need help Question 19 2.5 pts Total fixed costs are $1,000, the price is $30, unit...
need help
Question 19 2.5 pts Total fixed costs are $1,000, the price is $30, unit variable cost is $10. Breakeven revenue in dollars is: O $1,000 O $3,000 $50 O $1,500 O not enough information -- need data on total revenue and total costs to determine CMR
please show work/give explaination 21 180-120 26-11 * Estimate unit variable cost Month Total costs Activity...
please show work/give explaination
21 180-120 26-11 * Estimate unit variable cost Month Total costs Activity volume in units September $120 October $90 11 0 November - $150 31 December $180 26 H A. not enough information need to know the contribution margin statement in the relevant range B. $3.00/unit C. $4.00/unit D. $4.50/unit E. $6.00/unit Z At current production volume of 1,000 units, variable costs are $6 per unit and fixed costs are $4 per unit, for a total...
9. Current sales revenue in dollars is $6,000. The price is $3 per unit, variable costs...
9. Current sales revenue in dollars is $6,000. The price is $3 per unit, variable costs are $i per unit, and total fixed costs are $1,000. Compute the margin of safety: A not enough information-need to know the breakeven point B. 8.33% C. 25% D. 75% E. 91.67%
Suppose that the price is $40, unit variable cost is $32/unit, and total fixed costs are...
Suppose that the price is $40, unit variable cost is $32/unit, and total fixed costs are $3,600. Required: a) Compute the unit contribution margin and contribution margin ratio: unit CM= CM ratio= (enter CMR as a fraction of 1, not as %) b) Write down the CVP relation using CMR: profit as a function of sales revenue. (fill in the missing numbers in an equation like Profit = 0.35 * Revenue - 50). Profit = * Revenue - c) Based on the...
Question 2: CVP relation version 2 Current sales revenue is $5,000, total variable costs are $1,000,...
Question 2: CVP relation version 2 Current sales revenue is $5,000, total variable costs are $1,000, and total fixed costs are $2,000 (no data on units). a) Compute the contribution margin ratio: CMR b) Write down the CVP relation (version 2): profit as a function of sales revenue. Profit = * Revenue - (e.g., if profit = 0.1*Revenue-500, enter 0.1 in the first box and 500 in the second box). c) Predict profit at sales revenue of $10,000: d) Your...
Question 2: CVP relation version 2 Current sales revenue is $5,000, total variable costs are $3,000,...
Question 2: CVP relation version 2 Current sales revenue is $5,000, total variable costs are $3,000, and total fixed costs are $5,000 (no data on units). a) Compute the contribution margin ratio: CMR= b) Write down the CVP relation (version 2): profit as a function of sales revenue. Profit = * Revenue - (e.g., if profit = 0.1*Revenue-500, enter 0.1 in the first box and 500 in the second box). c) Predict profit at sales revenue of $10,000: d) Your...
2. Data: Selling price = $50, variable cost per unit = $30, total fixed costs =...
2. Data: Selling price = $50, variable cost per unit = $30, total fixed costs = $400,000, and target profit = $100,000. a. Calculate the breakeven point in units using the equation method. b. Calculate the breakeven point in units using the formula method. c. Calculate the sales in units needed to earn the target profit. d. Calculate the total sales dollars needed to earn the target profit. Show all calculations,
Activity 12.4 - Price Calculations - Marginal Analysis Fixed Costs are $10,000 and Variable Cost per...
Activity 12.4 - Price Calculations - Marginal Analysis Fixed Costs are $10,000 and Variable Cost per unit is $10 Price Unit Sales Total Variable Cost Gross Profit Total Revenue -Price X Unit Sales - Variable cost per unit X Unit Sales Total Production Cost - Total Variable Cost+ Fixed Costs - Total Revenue - Total Production Cost $60 500 $50 1,000 $40 1,500 $30 2.000 $20 2,500
Done The products often have different unit variable costs. Thus, the total profit and the breake...
number 6
Done The products often have different unit variable costs. Thus, the total profit and the breakeven point depend on the proportions in which the products are sold. Sales mix is the relative contribution of sales among various products sold by a firm. Assume that the sales of Jordan, Inc, for a typical year are as follows Units Sold Sales Mix 18,000 20 Total Assume the following unit selling prices and unit variable costs Product Selling Price per UiVariable...
QUESTION 3 Sales revenue is $7,000, total variable costs are 55.600, and total foxed costs are...
QUESTION 3 Sales revenue is $7,000, total variable costs are 55.600, and total foxed costs are $1,000. How much sales revenue does a firm need to achieve tarpet profit of $2,500? A $17.500 B. $12.500 C. $5,000 D. Not enough information QUESTION 4 Which of the following is most likely to be a variable cost? A Rent for CEO's office B. Depreciation on production equipment Cost of merchandise D. Factory supervisor's salary QUESTIONS Gamma Company has a selling price of...
need help
Question 19 2.5 pts Total fixed costs are $1,000, the price is $30, unit variable cost is $10. Breakeven revenue in dollars is: O $1,000 O $3,000 $50 O $1,500 O not enough information -- need data on total revenue and total costs to determine CMR
please show work/give explaination
21 180-120 26-11 * Estimate unit variable cost Month Total costs Activity volume in units September $120 October $90 11 0 November - $150 31 December $180 26 H A. not enough information need to know the contribution margin statement in the relevant range B. $3.00/unit C. $4.00/unit D. $4.50/unit E. $6.00/unit Z At current production volume of 1,000 units, variable costs are $6 per unit and fixed costs are $4 per unit, for a total...
9. Current sales revenue in dollars is $6,000. The price is $3 per unit, variable costs are $i per unit, and total fixed costs are $1,000. Compute the margin of safety: A not enough information-need to know the breakeven point B. 8.33% C. 25% D. 75% E. 91.67%
Question 2: CVP relation version 2 Current sales revenue is $5,000, total variable costs are $1,000, and total fixed costs are $2,000 (no data on units). a) Compute the contribution margin ratio: CMR b) Write down the CVP relation (version 2): profit as a function of sales revenue. Profit = * Revenue - (e.g., if profit = 0.1*Revenue-500, enter 0.1 in the first box and 500 in the second box). c) Predict profit at sales revenue of $10,000: d) Your...
Question 2: CVP relation version 2 Current sales revenue is $5,000, total variable costs are $3,000, and total fixed costs are $5,000 (no data on units). a) Compute the contribution margin ratio: CMR= b) Write down the CVP relation (version 2): profit as a function of sales revenue. Profit = * Revenue - (e.g., if profit = 0.1*Revenue-500, enter 0.1 in the first box and 500 in the second box). c) Predict profit at sales revenue of $10,000: d) Your...
2. Data: Selling price = $50, variable cost per unit = $30, total fixed costs = $400,000, and target profit = $100,000. a. Calculate the breakeven point in units using the equation method. b. Calculate the breakeven point in units using the formula method. c. Calculate the sales in units needed to earn the target profit. d. Calculate the total sales dollars needed to earn the target profit. Show all calculations,
Activity 12.4 - Price Calculations - Marginal Analysis Fixed Costs are $10,000 and Variable Cost per unit is $10 Price Unit Sales Total Variable Cost Gross Profit Total Revenue -Price X Unit Sales - Variable cost per unit X Unit Sales Total Production Cost - Total Variable Cost+ Fixed Costs - Total Revenue - Total Production Cost $60 500 $50 1,000 $40 1,500 $30 2.000 $20 2,500
number 6
Done The products often have different unit variable costs. Thus, the total profit and the breakeven point depend on the proportions in which the products are sold. Sales mix is the relative contribution of sales among various products sold by a firm. Assume that the sales of Jordan, Inc, for a typical year are as follows Units Sold Sales Mix 18,000 20 Total Assume the following unit selling prices and unit variable costs Product Selling Price per UiVariable...
QUESTION 3 Sales revenue is $7,000, total variable costs are 55.600, and total foxed costs are $1,000. How much sales revenue does a firm need to achieve tarpet profit of $2,500? A $17.500 B. $12.500 C. $5,000 D. Not enough information QUESTION 4 Which of the following is most likely to be a variable cost? A Rent for CEO's office B. Depreciation on production equipment Cost of merchandise D. Factory supervisor's salary QUESTIONS Gamma Company has a selling price of...
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