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Q4. The following monthly budgeted data are available for the Data Management Company Product C $500,000...
The following monthly budgeted data are available for the Stark Company: Product A $500,000 Product B...
The following monthly budgeted data are available for the Stark Company: Product A $500,000 Product B $300,000 Product $900,000 Sales Variable expenses 300,000 210,000 720,000 Contribution margin $200,000 $90,000 $180,000 Budgeted operating income for the month is $220,000. Required: a) Calculate the break-even sales for the month. b) Calculate the margin of safety. c) Calculate the degree of operating leverage.
04.(12 Marks) The following monthly budgeted data are available for the Data Management Company: Product C...
04.(12 Marks) The following monthly budgeted data are available for the Data Management Company: Product C Sales $500,000 Variable expenses 300.000 Contribution margin $200,000 Product J $300,000 210,000 $90,000 Product R $900.000 720,000 $180,000 Budgeted operating income for the month is $220,000. Required: a) Calculate the break-even sales for the month. (8 Marks) b) Calculate the margin of safety. (2 Marks) c) Calculate the degree of operating leverage. (2 Marks) Q3. (8 Marks) Timeliner Company's most recent contribution format income...
Barnes Company sells three products: A, B, and C. Budgeted sales by product and in total...
Barnes Company sells three products: A, B, and C. Budgeted sales by product and in total for the coming month are as follows: Product A Product B % of total sales 48% 20% Sales 240,000 100% $100,000 100% Variable exp. 72000 30 80,000 80 Contribution mar. 168,000 70 20,000 20 Fixed expense Product C Total % of total sales 32% 100% Sales 160,000 100% 500,000 100% Variable exp. 88,000 55 240,000 48 Contribution margin 72,000 45 260,000 52 Fixed...
A: 300,000 B: 400,000 C: 500,000 D: 800,000 The following pertains to Upton Co. for the...
A: 300,000
B: 400,000
C: 500,000
D: 800,000
The following pertains to Upton Co. for the year ending December 31, 2019 Budgeted Sales Break-even Sales Budgeted Contribution Margin Cashflow Break-even $1,000,000 700, eee 600,000 200,000 Upton's margin of safety is: (CPA adapted)
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales...
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 300,000 210,000 90,000 72.000 $ 18,000 Per Unit $20 14 $ 6 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break even point? 3-a. How many units would have to be sold each...
Saved Data concerning Follick Corporation's single product appear below Selling price per unit variable expense per...
Saved Data concerning Follick Corporation's single product appear below Selling price per unit variable expense per unit Fixed expense per month s 180.00 68.40 $130,200 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $210,000 $289,800 $130,200 $420,000 Cubie Corporation has provided the following data concerning its only product Selling price Current sales Break-even sales s 111 per unit 9,500 units 8,170 units What is the margin of safety in...
Problem 2 Cleveland Browns Company is analyzing its CVP relationships for product Football. Company accountants have accumulated...
Problem 2 Cleveland Browns Company is analyzing its CVP relationships for product Football. Company accountants have accumulated the following monthly information: $ Per Unit Units 50,000 Sales $ 1,250,000 $ 25.00 Variable Costs 600,000 $ 12.00 Contribution Margin 650,000 $ 13.00 Fixed Costs 481,000 Net Income $ 169,000 Fill in the following table. Show your work and highlight your answer for each item. Break-Even Sales in Units: (Whole Units) Margin of Safety, Units: (Whole Units) Margin of Safety, Percentage (%): (0.000%) Break-Even Sales in Dollars ($):...
Q5.(6 Marks) Dersyn Corporation produces and sells two models of vacuum cleaners, Standard and Deluxe. The...
Q5.(6 Marks) Dersyn Corporation produces and sells two models of vacuum cleaners, Standard and Deluxe. The company records show the following monthly data relating to these two products: Standard Selling Price per Unit $150 Variable Production Costs $120 Variable Selling Expense per Unit $16 Expected Monthly Sales in Units 600 Total Monthly Fixed Cost (Common to Both) Deluxe $165 $126 $13 1.200 I $15.000 Calculate the break-even in sales dollars for the expected sales mix. Show all your calculations (6...
The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir...
The following CVP income statements are available for Blanc
Company and Noir Company.
Blanc Company
Noir Company
Sales
$500,000
$500,000
Variable costs
280,000
180,000
Contribution margin
220,000
320,000
Fixed costs
170,000
270,000
Net income
$50,000
$50,000
Contribution Margin Ratio
Blanc Company
0.44
Noir Company
0.64
Break-even Point
Blanc Company
$386,364
Noir Company
$421,875
Margin of Safety Ratio
Blanc Company
0.227
Noir Company
0.156
Degree of Operating Leverage
Blanc Company
4.4
Noir Company
6.4
CVP income statement assuming that sales revenue...
Omar Company prepared the following contribution format income statement based on 100,000 units of sales. Sales............
Omar Company prepared the following contribution format income statement based on 100,000 units of sales. Sales......... ...$3,000,000 Variable expenses. .1,800,000 Contribution margin... ..1,200,000 Fixed expenses.... ...900,000 Net operating income... 300,000 1. What is the contribution margin per unit? 2. What is the contribution margin ratio? 3. What is the variable expense ratio? 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,500, and unit sales increase by 250 units, what would be the net...
The following monthly budgeted data are available for the Stark Company: Product A $500,000 Product B $300,000 Product $900,000 Sales Variable expenses 300,000 210,000 720,000 Contribution margin $200,000 $90,000 $180,000 Budgeted operating income for the month is $220,000. Required: a) Calculate the break-even sales for the month. b) Calculate the margin of safety. c) Calculate the degree of operating leverage.
04.(12 Marks) The following monthly budgeted data are available for the Data Management Company: Product C Sales $500,000 Variable expenses 300.000 Contribution margin $200,000 Product J $300,000 210,000 $90,000 Product R $900.000 720,000 $180,000 Budgeted operating income for the month is $220,000. Required: a) Calculate the break-even sales for the month. (8 Marks) b) Calculate the margin of safety. (2 Marks) c) Calculate the degree of operating leverage. (2 Marks) Q3. (8 Marks) Timeliner Company's most recent contribution format income...
A: 300,000
B: 400,000
C: 500,000
D: 800,000
The following pertains to Upton Co. for the year ending December 31, 2019 Budgeted Sales Break-even Sales Budgeted Contribution Margin Cashflow Break-even $1,000,000 700, eee 600,000 200,000 Upton's margin of safety is: (CPA adapted)
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 300,000 210,000 90,000 72.000 $ 18,000 Per Unit $20 14 $ 6 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break even point? 3-a. How many units would have to be sold each...
Saved Data concerning Follick Corporation's single product appear below Selling price per unit variable expense per unit Fixed expense per month s 180.00 68.40 $130,200 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $210,000 $289,800 $130,200 $420,000 Cubie Corporation has provided the following data concerning its only product Selling price Current sales Break-even sales s 111 per unit 9,500 units 8,170 units What is the margin of safety in...
Q5.(6 Marks) Dersyn Corporation produces and sells two models of vacuum cleaners, Standard and Deluxe. The company records show the following monthly data relating to these two products: Standard Selling Price per Unit $150 Variable Production Costs $120 Variable Selling Expense per Unit $16 Expected Monthly Sales in Units 600 Total Monthly Fixed Cost (Common to Both) Deluxe $165 $126 $13 1.200 I $15.000 Calculate the break-even in sales dollars for the expected sales mix. Show all your calculations (6...
The following CVP income statements are available for Blanc
Company and Noir Company.
Blanc Company
Noir Company
Sales
$500,000
$500,000
Variable costs
280,000
180,000
Contribution margin
220,000
320,000
Fixed costs
170,000
270,000
Net income
$50,000
$50,000
Contribution Margin Ratio
Blanc Company
0.44
Noir Company
0.64
Break-even Point
Blanc Company
$386,364
Noir Company
$421,875
Margin of Safety Ratio
Blanc Company
0.227
Noir Company
0.156
Degree of Operating Leverage
Blanc Company
4.4
Noir Company
6.4
CVP income statement assuming that sales revenue...
Omar Company prepared the following contribution format income statement based on 100,000 units of sales. Sales......... ...$3,000,000 Variable expenses. .1,800,000 Contribution margin... ..1,200,000 Fixed expenses.... ...900,000 Net operating income... 300,000 1. What is the contribution margin per unit? 2. What is the contribution margin ratio? 3. What is the variable expense ratio? 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,500, and unit sales increase by 250 units, what would be the net...
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