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need help finding out breakeven sales on C
Crane Profiles provides testing services to school districts...
Ivanhoe Profiles provides testing services to school districts that wish to assess students’ reading and mathematical...
Ivanhoe Profiles provides testing services to school districts that wish to assess students’ reading and mathematical abilities. Last year Ivanhoe evaluated 64,100 math tests and 21,367 reading tests. An income statement for last year follows. Math Testing Reading Testing Total Per Unit Total Per Unit Total Company Sales revenue $1,730,700 $27 $854,680 $40 $2,585,380 Variable expenses 1,217,900 19 341,872 16 1,559,772 Contribution margin $512,800 $8 $512,808 $24 1,025,608 Fixed expenses 370,000 Operating income $655,608 (a) What is Ivanhoe’s breakeven point...
Crane sells T-shirts imprinted with high school names and logos. Last year the shirts sold for...
Crane sells T-shirts imprinted with high school names and logos.
Last year the shirts sold for $26 each, and variable costs were
$14.00 per shirt. At this cost structure, the breakeven point was
45,000 shirts. However, the company actually earned $21,600 in net
income.
This year, the company is increasing its price to $28 per shirt.
Variable costs per shirt will increase by Unresolved%, and fixed
expenses will increase by $1,107,240. The tax rate will remain at
40%.
Your answer...
I need assistance with requirements 3,4 and 5, please. The contribution margin income statement of Unique...
I need assistance with requirements 3,4 and
5, please.
The contribution margin income statement of Unique Donuts for August 2018 follows: E: (Click the icon to view the contribution margin income statement.) Unique sells four dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total variable cost of $1.60 per dozen. A dozen custard-filled donuts sells for $7.00, with total variable cost of $2.80 per dozen. Read the requirements. Data Table Requirement 1....
Jake's Pet Supplies: Please see highlighted Table yellow portion: Need: Multiproduct Breakeven point: in units and...
Jake's Pet Supplies:
Please see highlighted Table yellow portion:
Need: Multiproduct Breakeven point: in units and sales revenue
at break even and target profit point for Product 1, Product 2 and
the totals
Land it $6.00 60% Jake's Pet Supplies Pro Forma Contribution Margin Income Statement For the month ending June 30 ASSUMPTIONS Product 31: Launch-it Sales price per unit $10.00 Variable costs per unit: Sales comission $1.00 Purchase price $1.00 Shipping and handling Total variable cost per unit $4.00...
Question Help Highway Driving School charges $800 per student to prepare and administer written and driving...
Question Help Highway Driving School charges $800 per student to prepare and administer written and driving tests. Variable costs of $240 per student include trainers' wages, study materials, and gasoline. Annual fixed costs of $151,200 include the training facility and fleet of cars. Read the requirements. Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units: Begin by showing the formula for contribution margin per unit and then enter...
CraneTot sells a learning system that helps preschool and elementary students learn basic math facts and...
CraneTot sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: Total Per Unit $50 17.50 Sales revenue Variable expenses Contribution margin Fixed expenses Operating income $735,000 257,250 477,750 292,500 $ 185,250 $32.50 What is Crane Tot's contribution margin ratio? Its variable cost ratio? (Round ratios to 2 percentage places, e.g. 0.38 = 38%.) Contribution margin ratio Variable cost ratio LINK TO TEXT LINK...
Requirement 1. Determine the coffee shop's monthly breakeven point in the numbers of small coffees and...
Requirement 1. Determine the coffee shop's monthly breakeven
point in the numbers of small coffees and large coffees. Prove your
answer by preparing a summary contribution margin income statement
at the breakeven level of sales. Show only two categories of
expenses: variable and fixed. Begin by identifying the formula to
compute the total breakeven point in units. (Abbreviations used:
avg. = Average; CM = Contribution margin.) ( Fixed expenses +
Operating income ) / ▼ = Breakeven sales in units...
Term Test #2 CB203 Management Accounting Question 2 (25 marks) Ricker Manufacturing Inc. are projecting sales...
Term Test #2 CB203 Management Accounting Question 2 (25 marks) Ricker Manufacturing Inc. are projecting sales of $950,000, at a selling price of $10 per unit. COGS are $500,000 of which 30% is Variable Costs. Selling and Administrative Expenses total $260,000. Assume these are all fixed expenses. Create a Contribution Margin Income Statement and conduct the following CVP Analysis Ricker Manufacturing Inc. Contribution Margin Income Statement For the Period Ended Dec 31, 2019 Total $ Per Unit $ Contribution Margin...
Homework: Chapter 20 Homework Assignment Save Score: 0.32 of 1 pt 1 of 1 (1 complete)...
Homework: Chapter 20 Homework Assignment Save Score: 0.32 of 1 pt 1 of 1 (1 complete) HW Score: 32.08%, 0.32 of 1 pt P20-41A (similar to) Question Help The contribution margin income statement of Sweet Pea Donuts for August 2018 follows: (Click the icon to view the contribution margin income statement.) Sweet Pea sells four dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total variable cost of $1.60 per dozen. A dozen...
Problem 24-05A a-c Hart Labs, Inc. provides mad cow disease testing for both state and federal...
Problem 24-05A a-c Hart Labs, Inc. provides mad cow disease testing for both state and federal governmental agricultural agencies. Because the company's customers are governmental agencies, prices are strictly regulated. Therefore, Hart Labs must constantly monitor and control its testing costs. Shown below are the standard costs for a typical test. Direct materials (2 test tubes @ $1.60 per tube) Direct labor (1 hour $31 per hour) Variable overhead (1 hour $6.00 per hour) Fixed overhead (1 hour $12.00 per...
Crane sells T-shirts imprinted with high school names and logos.
Last year the shirts sold for $26 each, and variable costs were
$14.00 per shirt. At this cost structure, the breakeven point was
45,000 shirts. However, the company actually earned $21,600 in net
income.
This year, the company is increasing its price to $28 per shirt.
Variable costs per shirt will increase by Unresolved%, and fixed
expenses will increase by $1,107,240. The tax rate will remain at
40%.
Your answer...
I need assistance with requirements 3,4 and
5, please.
The contribution margin income statement of Unique Donuts for August 2018 follows: E: (Click the icon to view the contribution margin income statement.) Unique sells four dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total variable cost of $1.60 per dozen. A dozen custard-filled donuts sells for $7.00, with total variable cost of $2.80 per dozen. Read the requirements. Data Table Requirement 1....
Jake's Pet Supplies:
Please see highlighted Table yellow portion:
Need: Multiproduct Breakeven point: in units and sales revenue
at break even and target profit point for Product 1, Product 2 and
the totals
Land it $6.00 60% Jake's Pet Supplies Pro Forma Contribution Margin Income Statement For the month ending June 30 ASSUMPTIONS Product 31: Launch-it Sales price per unit $10.00 Variable costs per unit: Sales comission $1.00 Purchase price $1.00 Shipping and handling Total variable cost per unit $4.00...
Question Help Highway Driving School charges $800 per student to prepare and administer written and driving tests. Variable costs of $240 per student include trainers' wages, study materials, and gasoline. Annual fixed costs of $151,200 include the training facility and fleet of cars. Read the requirements. Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units: Begin by showing the formula for contribution margin per unit and then enter...
CraneTot sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: Total Per Unit $50 17.50 Sales revenue Variable expenses Contribution margin Fixed expenses Operating income $735,000 257,250 477,750 292,500 $ 185,250 $32.50 What is Crane Tot's contribution margin ratio? Its variable cost ratio? (Round ratios to 2 percentage places, e.g. 0.38 = 38%.) Contribution margin ratio Variable cost ratio LINK TO TEXT LINK...
Requirement 1. Determine the coffee shop's monthly breakeven
point in the numbers of small coffees and large coffees. Prove your
answer by preparing a summary contribution margin income statement
at the breakeven level of sales. Show only two categories of
expenses: variable and fixed. Begin by identifying the formula to
compute the total breakeven point in units. (Abbreviations used:
avg. = Average; CM = Contribution margin.) ( Fixed expenses +
Operating income ) / ▼ = Breakeven sales in units...
Term Test #2 CB203 Management Accounting Question 2 (25 marks) Ricker Manufacturing Inc. are projecting sales of $950,000, at a selling price of $10 per unit. COGS are $500,000 of which 30% is Variable Costs. Selling and Administrative Expenses total $260,000. Assume these are all fixed expenses. Create a Contribution Margin Income Statement and conduct the following CVP Analysis Ricker Manufacturing Inc. Contribution Margin Income Statement For the Period Ended Dec 31, 2019 Total $ Per Unit $ Contribution Margin...
Homework: Chapter 20 Homework Assignment Save Score: 0.32 of 1 pt 1 of 1 (1 complete) HW Score: 32.08%, 0.32 of 1 pt P20-41A (similar to) Question Help The contribution margin income statement of Sweet Pea Donuts for August 2018 follows: (Click the icon to view the contribution margin income statement.) Sweet Pea sells four dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total variable cost of $1.60 per dozen. A dozen...
Problem 24-05A a-c Hart Labs, Inc. provides mad cow disease testing for both state and federal governmental agricultural agencies. Because the company's customers are governmental agencies, prices are strictly regulated. Therefore, Hart Labs must constantly monitor and control its testing costs. Shown below are the standard costs for a typical test. Direct materials (2 test tubes @ $1.60 per tube) Direct labor (1 hour $31 per hour) Variable overhead (1 hour $6.00 per hour) Fixed overhead (1 hour $12.00 per...
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Amplitude=3;
fs=8000;
n=0:399;
t=0:1/fs: n*1/fs-1/fs;
signal=3+3*cos(2*pi*1100*t)+3*cos(2*pi*2200*t)+3*cos(2*pi*3300*t);
fftSignal= fft(signal);
fftSignal=f ftshift (fftSignal);
f=fs/2*linspace(-1,1,fs);
plot(f,abs(fftsignal);
xlabel('Frequency(Hz)’)
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