answer please as quickly as you can
Homework Answers
Part a
Break even Quantity
= Fixed Cost / ( Selling Price Per Unit - Variable Cost Per Unit)
= 120000 / ( 12 - 7)
= 120000 / 5
= 24000
24000 units is breakeven Quantity
Part b
Profit or Loss
Total Revenue = 12 * 45000 =. 540000
Total Fixed Cost = 120000
Total Variable Cost = 7 * 45000 = 315000
Profit = Total Revenue - Total Cost
= 540000 - 120000 - 315000
= RM 105000
Part c
October 2020
Part c i
Variable Cost per unit = RM 10
Selling Price per unit = RM 12
Fixed Cost = 120000
Breakeven = 120000 / ( 12-10)
= 60000 units
Part c ii
Profit or Loss
Total Revenue = 540000
Total Fixed Cost = 120000
Total Variable Cost = 10 * 45000 = 450000
Loss = 540000 - 120000 - 450000
= -RM 30000
Note: All Costs and Revenue are in RM
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answer please as quickly as you can
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Show Formulas
Manufacturing Overhead Budget
2020
October
November
December
QUARTER
Units
Produced
Variable
Overhead Rate per Unit
Total
Variable Overhead Cost
Fixed
Overhead
TOTAL OVERHEAD COST
Noncash
Overhead Expenses
TOTAL OVERHEAD DISBURSEMENTS
Lexie's Wool Sweaters
Balance Sheet
As of September 30, 2020
ASSETS
LIABILITIES & EQUITIES
Cash
$ 150,000.00
Accounts
Payable
$ 14,500.00
Accounts
Receivable
$ 75,000.00
Notes
Payable
$
-
Raw
Materials Inventory
$ 28,929.60
Interest
Payable
$
-
Finished
Goods Inventory
$ 61,125.00
TOTAL LIABILITIES
$ 14,500.00
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Show Formulas
Manufacturing Overhead Budget
2020
October
November
December
QUARTER
Units
Produced
Variable
Overhead Rate per Unit
Total
Variable Overhead Cost
Fixed
Overhead
TOTAL OVERHEAD COST
Noncash
Overhead Expenses
TOTAL OVERHEAD DISBURSEMENTS
Lexie's Wool Sweaters
Balance Sheet
As of September 30, 2020
ASSETS
LIABILITIES & EQUITIES
Cash
$ 150,000.00
Accounts
Payable
$ 14,500.00
Accounts
Receivable
$ 75,000.00
Notes
Payable
$
-
Raw
Materials Inventory
$ 28,929.60
Interest
Payable
$
-
Finished
Goods Inventory
$ 61,125.00
TOTAL LIABILITIES
$ 14,500.00
PP&E,...
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