1. A ____________ analysis is the determination of the number of units of a product that...
1. A ____________ analysis is the determination of the number of units of a product that must be sold so that the organization's profit after a managerial decision is equal to that before the decision.
Group of answer choices
breakeven
profit/loss
contribution
incremental
2.
A product's ___________ margin is equal to its price minus its per unit variable costs.
Group of answer choices
profit
variable
fixed
contribution
Homework Answers
Answer 1 : Breakeven
Explanation : In the breakeven analysis the overall cost of the product is determined by determining total cost, fixed cost, variable cost etc associated with the product.
Answer 2 : Contribution
Explanation : The contribution margin of the product is calculated by the sales price of product minus the variable cost.
Add Answer to:
1. A ____________ analysis is the determination of the number of
units of a product that...
CVP ANALYSIS Bond Inc. sells one product. In December 2018. Bond sold 2.500 units which resulted...
CVP ANALYSIS Bond Inc. sells one product. In December 2018. Bond sold 2.500 units which resulted in the following results: Sales Variable costs Contribution margin Fixed expenses per month Profit $100,000 $60,000 $40,000 $10,000 $30,000 In January 2019, Bond increased its monthly marketing expenditures by $5,000 and raised its sales price by $9 per unit. Variable cost per unit remained the same. Bond's CFO (a Stanford grad) is confused and unsure of the strategy's possible outcomes. Help him by answering...
Chapter 3 - Journal Cost-Volume-Profit Analysis Break Even Analysis Break Even is the level of operations...
Chapter 3 - Journal Cost-Volume-Profit Analysis Break Even Analysis Break Even is the level of operations where Profit equals zero. EXERCISE 1: Abner Corporation makes a product that sells for $200 per unit. The Variable Costs per unit are $120. Fixed Costs total $500,000 each year. Abner currently sells 7,500 units per year. Calculate the number of units that Abner must sell to break even. Use the equation method to solve for the number of units Abner needs to sell...
please help with 8,9,10 suncuy variable. Consistent with these assumptions, as volume CVP analysis relies on...
please help with 8,9,10
suncuy variable. Consistent with these assumptions, as volume CVP analysis relies on the assumptions that costs are either strictly fixed or strictly variable. Consistent decreases a total fixed costs decrease. b. total variable costs remain constant c. total costs decrease. d. total costs remain constant. The total contribution margin decreases if sales volume remains the same and a. fixed expenses increase. b. fixed expenses decrease c. variable expense per unit increases. d. variable expense per unit...
please do 1st 3. thanks suncuy variable. Consistent with these assumptions, as volume CVP analysis relies...
please do 1st 3. thanks
suncuy variable. Consistent with these assumptions, as volume CVP analysis relies on the assumptions that costs are either strictly fixed or strictly variable. Consistent decreases a total fixed costs decrease. b. total variable costs remain constant c. total costs decrease. d. total costs remain constant. The total contribution margin decreases if sales volume remains the same and a. fixed expenses increase. b. fixed expenses decrease c. variable expense per unit increases. d. variable expense per...
a) Breakeven point analysis is an important financial analysis tool used by business owners. i) Explain...
a) Breakeven point analysis is an important financial analysis tool used by business owners. i) Explain the importance of breakeven analysis. ii) What are its advantages and limitations? b) Robert Industries produces a single product. The following are the financial numbers related to this product Selling Price = $250 per unit Variable cost = $100 per unit Fixed Costs = $56,000 The Management wants to know the following : 1. Contribution per Unit 2. Contribution Margin ratio 3. Break even...
Prepare a differential analysis as of September 12 to determine if Product TS-20 should be continued...
Prepare a differential analysis as of September 12 to determine if Product TS-20 should be continued (Alternative 1) or discontinued (Alternative 2), assuming fixed costs are unaffected by the decision. Refer to the list of Amount Descriptions for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Product TS-20 has revenue of $103,040, variable cost of goods sold of $51,070, variable selling expenses...
Total Revenue Profit Total Cost CVP Analysis Variable Cout Fed Cost Units Sold In Class Example...
Total Revenue Profit Total Cost CVP Analysis Variable Cout Fed Cost Units Sold In Class Example Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs of $60 per unit. Variable selling expenses are $18 per unit, annual fixed manufacturing costs are $480,000, and fixed selling and administrative costs are $240,000 per year. (1) Calculate the breakeven point in units and sales dollars. (2) Prepare a contribution margin income statement to...
Only Answer Exercise 2 and 3 please. After completing Exercise 2, What is the number of...
Only Answer Exercise 2 and 3 please. After completing Exercise
2, What is the number of units needed to achieve the desired
profit?
After completing Exercise 3- situation 1, what is the number
of units needed to achieve the desired profit?
See circle on the photos below for exercise 2 and 3
Cost-Volume-Profit Analysis Break Even Analysis Break Even is the level of operations where Profit equals zero. EXERCISE 1: Abner Corporation makes a product that sells for $200 per...
4-35 The Carey company sold 100,00 units.... (1)-(4) ould be obtained through an additional facility that...
4-35 The Carey company sold 100,00 units....
(1)-(4)
ould be obtained through an additional facility that would cost $250,000 of fixed factory cost a year. However, the variable production cost and variable selling and administrative expe expected to decrease by 5 percent. nses are Required (1) Calculate the breakeven points before and after expansion. (2) What dollar sales volume must be obtained after expansion to make as much income as before expansion? (3) Calculate sales volume in units after expansion...
CVP ANALYSIS Bond Inc. sells one product. In December 2018. Bond sold 2.500 units which resulted in the following results: Sales Variable costs Contribution margin Fixed expenses per month Profit $100,000 $60,000 $40,000 $10,000 $30,000 In January 2019, Bond increased its monthly marketing expenditures by $5,000 and raised its sales price by $9 per unit. Variable cost per unit remained the same. Bond's CFO (a Stanford grad) is confused and unsure of the strategy's possible outcomes. Help him by answering...
Chapter 3 - Journal Cost-Volume-Profit Analysis Break Even Analysis Break Even is the level of operations where Profit equals zero. EXERCISE 1: Abner Corporation makes a product that sells for $200 per unit. The Variable Costs per unit are $120. Fixed Costs total $500,000 each year. Abner currently sells 7,500 units per year. Calculate the number of units that Abner must sell to break even. Use the equation method to solve for the number of units Abner needs to sell...
please help with 8,9,10
suncuy variable. Consistent with these assumptions, as volume CVP analysis relies on the assumptions that costs are either strictly fixed or strictly variable. Consistent decreases a total fixed costs decrease. b. total variable costs remain constant c. total costs decrease. d. total costs remain constant. The total contribution margin decreases if sales volume remains the same and a. fixed expenses increase. b. fixed expenses decrease c. variable expense per unit increases. d. variable expense per unit...
please do 1st 3. thanks
suncuy variable. Consistent with these assumptions, as volume CVP analysis relies on the assumptions that costs are either strictly fixed or strictly variable. Consistent decreases a total fixed costs decrease. b. total variable costs remain constant c. total costs decrease. d. total costs remain constant. The total contribution margin decreases if sales volume remains the same and a. fixed expenses increase. b. fixed expenses decrease c. variable expense per unit increases. d. variable expense per...
Total Revenue Profit Total Cost CVP Analysis Variable Cout Fed Cost Units Sold In Class Example Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs of $60 per unit. Variable selling expenses are $18 per unit, annual fixed manufacturing costs are $480,000, and fixed selling and administrative costs are $240,000 per year. (1) Calculate the breakeven point in units and sales dollars. (2) Prepare a contribution margin income statement to...
Only Answer Exercise 2 and 3 please. After completing Exercise
2, What is the number of units needed to achieve the desired
profit?
After completing Exercise 3- situation 1, what is the number
of units needed to achieve the desired profit?
See circle on the photos below for exercise 2 and 3
Cost-Volume-Profit Analysis Break Even Analysis Break Even is the level of operations where Profit equals zero. EXERCISE 1: Abner Corporation makes a product that sells for $200 per...
4-35 The Carey company sold 100,00 units....
(1)-(4)
ould be obtained through an additional facility that would cost $250,000 of fixed factory cost a year. However, the variable production cost and variable selling and administrative expe expected to decrease by 5 percent. nses are Required (1) Calculate the breakeven points before and after expansion. (2) What dollar sales volume must be obtained after expansion to make as much income as before expansion? (3) Calculate sales volume in units after expansion...
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