Homework Answers
Contribution margin = sale - variable cost
= 500,000-200,000= 300,000
Contribution margin ratio= (sale -variable cost )/sale
= (500,000-200,000)/500,000
= 300,000/500,000= 60.00%
Fixed cost = break even sales units * contribution margin
=300,000*60.00%= 180,000.00
Profit = contribution margin - fixed cost
= 300,000.00-180,000.00= 120,000.00
Profit =RM 120,000.00
Add Answer to:
A company's sales for September are RM500,000 and its variable cost of sales is RM200,000. If...
Jatry Corporation's budgeted sales are RM300,000, its budgeted variable expenses are RM210,000, and its budgeted fixed...
Jatry Corporation's budgeted sales are RM300,000, its budgeted variable expenses are RM210,000, and its budgeted fixed expenses are RM60,000. The company's break- even in dollar RM200,000 RM330,000 RM210,000 RM270,000
Question 10 Pendant Company's break-even point in sales is $690,000 and its variable expenses are 60%...
Question 10 Pendant Company's break-even point in sales is $690,000 and its variable expenses are 60% of sales. If the company had a profit of $10,000 in 2014, its sales must have been- $762,000 $665,000 $700,000 。$715,000
covid19 corporations break-even-points in sales $800,000, and its variable expenses 80% of sales. If the company...
covid19 corporations break-even-points in sales $800,000, and
its variable expenses 80% of sales. If the company lost $44,000
last year, sales must have amounted to
COVID 19 Corporation's break-even-point in sales is $800,000, and its variable expenses are 80% of sales. If the company lost $44.000 last year, sales must have amounted to: Select one: a $580,000 b. $720,000 c$896,000 d. $852,000
Cooper Company sells a product at $50 per unit that has unit variable costs of $20....
Cooper Company sells a product at $50 per unit that has unit variable costs of $20. The company's break-even sales point in sales dollars is $150,000. How much is the fixed costs now? (Hint: The fixed costs is same as the total contribution margin when there is break-even.) Select one: O a. $200,000 O b. $100,000 O c. $90,000 O d. $120,000 Zeus, Inc. produces a product that has a variable cost of $3.00 per unit. The company's fixed costs...
Biscuit Company sells its product for $50. In addition, it has a variable cost ratio of...
Biscuit Company sells its product for $50. In addition, it has a variable cost ratio of 45 percent and total fixed costs of $6,875. What is the break-even point in units for Biscuit Company? a. 250 units b. 3,600 units c. 375 units d. 2,400 units 8. Biscuit Company sells its product for $50. In addition, it has a variable cost ratio of 55 percent and total fixed costs of $6,875. How many units must be sold in order to...
Maple Enterprises sells a single product with a selling price of $70 and variable costs per...
Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $28. The company's monthly fixed expenses are $25,200. A. What is the company's break-even point in units? Break-even units units B. What is the company's break-even point in dollars? Break-even dollars $ C. Construct a contribution margin income statement for the month of September when they will sell 1,000 units. Use a minus sign for a net loss if present. Income Statement...
Maple Enterprises sells a single product with a selling price of $70 and variable costs per...
Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $28. The company's monthly fed expenses are $25.200 A. What is the company's break-even point in units? Break-even units units B. What is the company's break-even point in dollars? Break-even dollars & C. Construct a contribution margin income statement for the month of September when they will sell 900 units. Use a minus sign for a net loss if present Income Statement...
Information for Question 17 - 20: The yearly break-even point in sales for Rice Company is...
Information for Question 17 - 20: The yearly break-even point in sales for Rice Company is $360,000, contribution margin per unit is $12.00 and the company's contribution margin ratio is 20%. Its income tax rate is 40%. What is the fixed cost of Rice Company? Select one: O A. $6,000.00 per month. O B. $72,000.00 per year. C . $72,000.00 per month. o D. $288,000.00 per year. O Information for Question 17 - 20: The yearly break-even point in sales...
MARGINAL COSTING EXERCISES (Original Fl file: 26 KT-perus.xls2) 1. Marginal cost statement Sales revenue less Variable...
MARGINAL COSTING EXERCISES (Original Fl file: 26 KT-perus.xls2) 1. Marginal cost statement Sales revenue less Variable costs = Contribution less Fixed costs Profit units 1.000 1,000 1,000 per unit 100 60 total € 100,000 € 60,000 € 40,000 30,000 € 10,000 € 40 Calculate the following: Contribution-% 40% 75,000 Break-even point in € B/E in unit Safety margin in € Safety margin-% 750 25,000 25% 2 2nd company's variable costs are and fixed monthly costs in euros are 70% of...
A company sells a product with a contribution margin ratio of 20%. The company's monthly fixed...
A company sells a product with a contribution margin ratio of
20%. The company's monthly fixed expense is $400,000 and the
company's monthly target profit is $100,000. The dollar sales
required to attain the target profit are:
A.
$2,500,000
B.
$1,500,000
C.
$625,000
D.
$2,000,000
Sales above the break-even point will result in net profit equal
to _______.
A.
number of units above break-even times fixed cost per unit
B.
number of units above break-even times contribution margin per
unit...
Jatry Corporation's budgeted sales are RM300,000, its budgeted variable expenses are RM210,000, and its budgeted fixed expenses are RM60,000. The company's break- even in dollar RM200,000 RM330,000 RM210,000 RM270,000
Question 10 Pendant Company's break-even point in sales is $690,000 and its variable expenses are 60% of sales. If the company had a profit of $10,000 in 2014, its sales must have been- $762,000 $665,000 $700,000 。$715,000
covid19 corporations break-even-points in sales $800,000, and
its variable expenses 80% of sales. If the company lost $44,000
last year, sales must have amounted to
COVID 19 Corporation's break-even-point in sales is $800,000, and its variable expenses are 80% of sales. If the company lost $44.000 last year, sales must have amounted to: Select one: a $580,000 b. $720,000 c$896,000 d. $852,000
Cooper Company sells a product at $50 per unit that has unit variable costs of $20. The company's break-even sales point in sales dollars is $150,000. How much is the fixed costs now? (Hint: The fixed costs is same as the total contribution margin when there is break-even.) Select one: O a. $200,000 O b. $100,000 O c. $90,000 O d. $120,000 Zeus, Inc. produces a product that has a variable cost of $3.00 per unit. The company's fixed costs...
Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $28. The company's monthly fixed expenses are $25,200. A. What is the company's break-even point in units? Break-even units units B. What is the company's break-even point in dollars? Break-even dollars $ C. Construct a contribution margin income statement for the month of September when they will sell 1,000 units. Use a minus sign for a net loss if present. Income Statement...
Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $28. The company's monthly fed expenses are $25.200 A. What is the company's break-even point in units? Break-even units units B. What is the company's break-even point in dollars? Break-even dollars & C. Construct a contribution margin income statement for the month of September when they will sell 900 units. Use a minus sign for a net loss if present Income Statement...
Information for Question 17 - 20: The yearly break-even point in sales for Rice Company is $360,000, contribution margin per unit is $12.00 and the company's contribution margin ratio is 20%. Its income tax rate is 40%. What is the fixed cost of Rice Company? Select one: O A. $6,000.00 per month. O B. $72,000.00 per year. C . $72,000.00 per month. o D. $288,000.00 per year. O Information for Question 17 - 20: The yearly break-even point in sales...
MARGINAL COSTING EXERCISES (Original Fl file: 26 KT-perus.xls2) 1. Marginal cost statement Sales revenue less Variable costs = Contribution less Fixed costs Profit units 1.000 1,000 1,000 per unit 100 60 total € 100,000 € 60,000 € 40,000 30,000 € 10,000 € 40 Calculate the following: Contribution-% 40% 75,000 Break-even point in € B/E in unit Safety margin in € Safety margin-% 750 25,000 25% 2 2nd company's variable costs are and fixed monthly costs in euros are 70% of...
A company sells a product with a contribution margin ratio of
20%. The company's monthly fixed expense is $400,000 and the
company's monthly target profit is $100,000. The dollar sales
required to attain the target profit are:
A.
$2,500,000
B.
$1,500,000
C.
$625,000
D.
$2,000,000
Sales above the break-even point will result in net profit equal
to _______.
A.
number of units above break-even times fixed cost per unit
B.
number of units above break-even times contribution margin per
unit...
Most questions answered within 3 hours.
-
i
need the summary of this article “Why I Don’t Trust The Video Games
Cause Violence”...
asked 5 minutes ago -
Draw the reactants and products of the following
reaction:
3-ethyl-2-heptene + HOH → 3-ethyl-3-heptanol +
3-ethyl-2-heptanol...
asked 3 minutes ago -
Determine the ratio of adipic acid and butylene glycol that
should be used to obtain a...
asked 12 minutes ago -
Calculate the ratio of the resistance of 11.0 m of aluminum wire
2.5 mm in diameter,...
asked 6 minutes ago -
Kinkaid Co. is incorporated at the beginning of this year and
engages in a number of...
asked 9 minutes ago -
when setting up a simple pendulum, calculate the string length
required for the period to equal...
asked 28 minutes ago -
: A small but very close dense mass of 389 kg is brought close
to a...
asked 29 minutes ago -
Create a class called Hotel. The hotel class will track the
current reservations for your one-room...
asked 52 minutes ago -
In space, a 4.0 kg metal ball moving 30 m/s has a head on
collision with...
asked 1 hour ago -
Financial Markets and Corporate Strategy (assignment template) –
1 of 2
Insights/Instructions: Use this template to...
asked 59 minutes ago -
A firm has announced a cash dividend of $3 dollar per share.
Assuming an efficient market,...
asked 54 minutes ago -
Which of the following statements is consistent with the fact
that capital in an economy is...
asked 1 hour ago