Fixed costs $280,000 Variable cost per procedure $80 Volume 10,000 visits Given the information above: What revenue per...
Fixed costs $280,000
Variable cost per procedure $80
Volume 10,000 visits
Given the information above:
- What revenue per visit is required to break even?
- What revenue per visit is required to provide a profit of $100,000?
- Using the answer to question 2 above, find the contribution margin required to provide a profit of $100,000
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Fixed costs $280,000 Variable cost per procedure $80 Volume 10,000 visits Given the information above: What revenue per...
Question 2: Fixed costs $550,000 Variable cost per procedure $70 Revenue per procedure $175 Given the...
Question 2: Fixed costs $550,000 Variable cost per procedure $70 Revenue per procedure $175 Given the information above: What volume is required to break even?. What volume is required to provide a profit of $180,000?. What is the contribution margin?
Problem 1 Assume that a radiologist group practice has the following cost structure: Fixed costs $500,000...
Problem 1 Assume that a radiologist group practice has the following cost structure: Fixed costs $500,000 Variable cost per procedure $25 Charge (price) per procedure $100 Furthermore, assume that the group expects to perform 7,500 procedures in the coming year. Part A a. Construct the group’s base case projected P&L statement. (See exhibit 5-5). P & L Statement Revenue 750,000 (100 x 7500) Variable Costs -187,500 (25 x 2500) Contribution 562,500 Fixed Costs -500,000 Net income/profit 62,500 b. What is...
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Quality Mfg. Co. has the following cost information: Fixed Costs $18,000 Sales Price Per Unit $80 Variable Costs Per Unit $50 (a) Using the Equation Approach, determine the Break Even Point in $ Sales Volume. (b) Using the Equation Approach, determine the Total Sales Volume ($) that must be sold to earn a profit of $6,000 before taxes. (c) What is the Contribution Margin Ratio? For each of the above questions, show the applicable equation & your work.
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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...
How do I find the number of visits using the break-even equation when I know the...
How do I find the number of visits using the break-even equation when I know the price per visit, the ariable costs per visit, the contribution margin, and the fixed costs. Here is one problem I am stuck on. Price per visit - $70, variable cost per visit - $20, contribution margin - $250,000, and fixed costs - $130,000. I must find the number of visits and the net income.
Fish Chicken Totals Units 4.000 12.000 16,000 $100,000 Revenue Variable costs 56,000 $180,000 105,000 40,000 $...
Fish Chicken Totals Units 4.000 12.000 16,000 $100,000 Revenue Variable costs 56,000 $180,000 105,000 40,000 $ 35,000 $280,000 161,000 60,000 Fixed costs 20.000 Profit $ 24,000 $59.000 Selling price per unit Contribution margin per unit Profit margin per unit $25.00 $11.00 $6.00 $15.00 $6.25 $2.92 Using the information above, calculate the following: 1. What is the business' weighted average contribution margin per unit? (show your computation) 2. Calculate the business' break-even point in units assuming the current sales mix. (show...
Bob's Business sells radios for $200. The variable costs per unit are $150 and fixed costs...
Bob's Business sells radios for $200. The variable costs per unit are $150 and fixed costs are $500,000. 1. The unit contribution margin is 2. The contribution ratio is 3. The variable expense ratio is 4. The break-even point in dollars is 5. How many radios must Bob's Business sell in order to earn a $100,000 profit? 6. What is Bob's Business's margin of safety in dollars at the $100,000 profit level? 7. What is Bob's operating leverage at the...
Variable Cost per Visit $10.00 Projected Number of Visits 10000 Total Variable Cost $100,000 Annual Direct Fixed Cost $5...
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$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses are $19 per unit, annual fixed manufacturing costs are $498.000, and fixed selling and administrative costs are $236.400 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by...
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...
Fish Chicken Totals Units 4.000 12.000 16,000 $100,000 Revenue Variable costs 56,000 $180,000 105,000 40,000 $ 35,000 $280,000 161,000 60,000 Fixed costs 20.000 Profit $ 24,000 $59.000 Selling price per unit Contribution margin per unit Profit margin per unit $25.00 $11.00 $6.00 $15.00 $6.25 $2.92 Using the information above, calculate the following: 1. What is the business' weighted average contribution margin per unit? (show your computation) 2. Calculate the business' break-even point in units assuming the current sales mix. (show...
Bob's Business sells radios for $200. The variable costs per unit are $150 and fixed costs are $500,000. 1. The unit contribution margin is 2. The contribution ratio is 3. The variable expense ratio is 4. The break-even point in dollars is 5. How many radios must Bob's Business sell in order to earn a $100,000 profit? 6. What is Bob's Business's margin of safety in dollars at the $100,000 profit level? 7. What is Bob's operating leverage at the...
$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses are $19 per unit, annual fixed manufacturing costs are $498.000, and fixed selling and administrative costs are $236.400 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by...
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