Consider each of the following situations independently. Fill in the blanks with the appropriate information. 2. Total...
Consider each of the following situations independently. Fill in the blanks with the appropriate information.
2.
|
Total Sales |
Number of Units Sold |
Selling Price per Unit |
Variable Cost Per Unit |
Total Fixed Costs |
Total Contribution Margin |
Net Income/ (Loss) |
|
78,000 |
$62.00 |
$1,876,543 |
$1,266,857 |
Homework Answers
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Consider each of the following situations
independently. Fill in the blanks with the appropriate
information.
2.
Total...
Consider each of the following situations independently. Fill in the blanks with the appropriate information. 3. Total...
Consider each of the following situations independently. Fill in the blanks with the appropriate information. 3. Total Variable Cost Number of Units Sold Contribution Margin Percentage Contribution Margin per Unit Total Fixed Costs Selling Price per Unit Net Income/ (Loss) $247,500 $195.00 $1,050,000 ($172,500)
Problem 1 – Consider each of the following situations independently. Fill in the blanks with the appropriate...
Problem 1 – Consider each of the following situations independently. Fill in the blanks with the appropriate information. 1. Units Sold Total Sales Variable Cost Percentage Variable Cost per Unit Contribution Margin per Unit Total Fixed Costs Net Income/ (Loss) 20,000 $360,000 $9.90 $40,000
Please show steps and include all work, thank you! Will give a very good rating Problem...
Please show steps and include all work, thank you! Will give a
very good rating
Problem 1 - Consider each of the following situations independently. Fill in the blanks with the appropriate information. 1. Units Sold Total Sales Variable Cost Variable Cost Contribution Total Fixed Net Income/ Percentage Margin per Costs (Loss) Unit 20,000 $360,000 $9.90 $40,000 per Unit Work: Total Sales Number of Units Sold Selling Price per Unit Variable Cost Per Unit Total Fixed Costs Total Contribution rgin...
i am having trouble with these fill in the blanks osts . indirect prin pena.rs Ex:...
i am having trouble with these fill in the blanks
osts . indirect prin pena.rs Ex: supplies, Inventory cost, sales commissions Varble cost percentage per-unit variable cost divided by selling price, or total variable costs divided by total sales Accounting 2220 Quiz #1 Due: Friday, February 7, 2020 in Class Name Class Time Problem: Consider each of the following situations independently. Fill in the banks with the appropriate information Variable Cost Selling Price per Unit $222.00 Number of Units Sold...
000 Requirements $ 1. Fill in the blanks for each missing value. (Round the contribution margin...
000 Requirements $ 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent.) $ 2. Which company has the lowest breakeven point in sales dollars? 3. What causes the low breakeven point? Print Done i - X Data Table Company Blue Red Green Yellow Net Sales Revenue $ 2,625,000 (d) $ 355,000 Variable Costs (a) 84,000 213,000 182,000 Fixed Costs (b) 208,000 228,000 (k) Operating Income (Loss) $ 344,800 $ (e)...
dont Assume that only one product is being sold in each of the following situations (fill...
dont Assume that only one product is being sold in each of the following situations (fill in the missing information). Don't include commas in answers, if negative use "O" Case 1 Case 2 Units Sold 5000 25000 Sales $400,000 $175,000 Variable Expenses $112,500 Fixed Expenses $100,000 Net Income (LOSS) (530,000) Contribution Margin Per Unit
fill in the blanks Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin...
fill in the blanks
Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $640. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete Presidio's cost data table....
Example 48: Fill in the effects of each of the following on breakeven point, operating income...
Example 48: Fill in the effects of each of the following on breakeven point, operating income and net income using: 1 = increase, D = Decrease, NC = No Change. Breakeven point in units Net Income Breakeven point in dollars Operating Income Contribution Margin in dollars Contribution Margin Ratio Increase variable costs per unit Decrease variable costs per unit Increase variable costs in total Decrease variable costs in total Increase fixed costs Decrease fixed costs Increase selling price Decrease selling...
Example 23: Fill in the effects of each of the following on breakeven point, operating income and...
Example 23: Fill in the effects of each of the following on breakeven point, operating income and net income using: I = increase, D = Decrease, NC = No Change. Breakeven point Operating Income Net Income Contribution Margin Increase variable costs per unit Decrease variable costs per unit Increase variable costs in total Decrease variable costs in total Increase fixed costs Decrease fixed costs Increase selling price Decrease selling price Increase units sold Decrease units sold Increase tax rate Decrease tax rate
Exercise 2-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed...
Exercise 2-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO2-1, LO2-4] Miller Company’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (32,000 units) $ 320,000 $ 10.00 Variable expenses 224,000 7.00 Contribution margin 96,000 $ 3.00 Fixed expenses 50,000 Net operating income $ 46,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 19%? 2....
Please show steps and include all work, thank you! Will give a
very good rating
Problem 1 - Consider each of the following situations independently. Fill in the blanks with the appropriate information. 1. Units Sold Total Sales Variable Cost Variable Cost Contribution Total Fixed Net Income/ Percentage Margin per Costs (Loss) Unit 20,000 $360,000 $9.90 $40,000 per Unit Work: Total Sales Number of Units Sold Selling Price per Unit Variable Cost Per Unit Total Fixed Costs Total Contribution rgin...
i am having trouble with these fill in the blanks
osts . indirect prin pena.rs Ex: supplies, Inventory cost, sales commissions Varble cost percentage per-unit variable cost divided by selling price, or total variable costs divided by total sales Accounting 2220 Quiz #1 Due: Friday, February 7, 2020 in Class Name Class Time Problem: Consider each of the following situations independently. Fill in the banks with the appropriate information Variable Cost Selling Price per Unit $222.00 Number of Units Sold...
000 Requirements $ 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent.) $ 2. Which company has the lowest breakeven point in sales dollars? 3. What causes the low breakeven point? Print Done i - X Data Table Company Blue Red Green Yellow Net Sales Revenue $ 2,625,000 (d) $ 355,000 Variable Costs (a) 84,000 213,000 182,000 Fixed Costs (b) 208,000 228,000 (k) Operating Income (Loss) $ 344,800 $ (e)...
dont Assume that only one product is being sold in each of the following situations (fill in the missing information). Don't include commas in answers, if negative use "O" Case 1 Case 2 Units Sold 5000 25000 Sales $400,000 $175,000 Variable Expenses $112,500 Fixed Expenses $100,000 Net Income (LOSS) (530,000) Contribution Margin Per Unit
fill in the blanks
Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $640. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete Presidio's cost data table....
Example 48: Fill in the effects of each of the following on breakeven point, operating income and net income using: 1 = increase, D = Decrease, NC = No Change. Breakeven point in units Net Income Breakeven point in dollars Operating Income Contribution Margin in dollars Contribution Margin Ratio Increase variable costs per unit Decrease variable costs per unit Increase variable costs in total Decrease variable costs in total Increase fixed costs Decrease fixed costs Increase selling price Decrease selling...
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