What is the expected added profit from the Challenger line? Challenger Bikes Selling Price per Unit Materials Direct Labour Overhead (40% Variable) Total Per Unit Relevant Cost Estimated Additional Contribution Margin Estimated Sales Unit Estimated Increase in profit $39.80 19.6 9.8 (40%*24.50) $69.20 $92.29 $69.20 $23.09 25000 $577,250
Q: Berbice Sugar Balance Sheet December 31, 2022…
A: Hi studentSince there are multiple subparts, we will answer only first three subparts. Budgets are…
Q: JM and PK, having capital balances of P2,940,000 and P1,575,000 respectively, decided to admit CY…
A: When admitting a new partner into a partnership firm, the treatment of capital and profit is…
Q: A division is considering the acquisition of a new asset that will cost $2,520,000 and have a cash…
A: ROI is a financial metric used to assess the efficiency or profitability of an investment. It…
Q: 2, the company's accountant discovers that a sale amounting to £10,000, made on 29 December Year 2…
A: Solution:The correct answer is : Option (d) Turnover will increase by $10,000 and trade receivables…
Q: Peggy owns 100% of Delta Corporation's stock. She purchased her stock ten years ago, and her current…
A: Liquidate refers to the process of turning property or assets into cash or financial equivalents…
Q: Information on four investment proposals is given below: Investment required Present value of cash…
A: SOLUTION : -1. Calculation of the profitability index for each investment proposal : -…
Q: Question 9 The break-even point in sales dollars is fixed costs divided by the contribution margin…
A: BREAKEVEN POINTBreak Even means the volume of production or sales where there is no profit or…
Q: ables acquired 15% stock Kobot Sofa: per share on April 1, 2025. On August 8, Robot Sofas declared…
A: Journal entry: It refers to the recording of the transaction and event takes place in the business…
Q: At January 1, 2023, the credit balance of Ayayai Corp's Allowance for Expected Credit Losses was…
A: The company entities sold the goods on credit to improve their sales earnings. Some of the clients…
Q: e production department is proposing the purchase of an automatic insertion machine. It has…
A: In this question, we will calculate the average rate of return, For determining the average rate of…
Q: Problem 7-45 (LO. 7) During 2020, Rick and his wife, Sara, had the following items of income and…
A: Answer:- Net operating loss meaning:- Net operating loss happens when company's deductions which are…
Q: You have been hired as a Cost Accountant by Sundial, Inc., which produces sunglasses. Your duties…
A: A management tool for tracking and analyzing the costs related to assuring the quality of a product…
Q: Wardell Company purchased a mainframe on January 1, 2019, at a cost of $50,000. The computer was…
A: Whenever there is change in estimation or method of depreciation , the effect to the change shall be…
Q: Physical Flow and Equivalent Units with EWIP Fleming, Fleming, and Garcia, a local CPA firm,…
A: Equivalent units refer to a measure used in process costing to determine the amount of completed…
Q: Required information [The following information applies to the questions displayed below.] Michael…
A: Statement of Owner's Equity -This Statement includes capital issued by the owner of the company.…
Q: . What are the factors in deciding what form of ownership is best suited for the potential business?…
A: When deciding on the form of ownership for a potential business, several factors come into play.…
Q: On August 1, 2025, Oriole Company acquired 1230, $1000, 8% bonds at 98 plus accrued interest. The…
A: Journal entry is the basic of accounting.Journal entry is used to record day to day transactions of…
Q: Which of the following accounts are most likely to be used in a journal entry to record the budget?…
A: According to the question given, we need to select the correct option and explain it.Budget:Budget…
Q: 1. The Fresno Company manufactures slippers and sells them at $13 a pair. Variable manufacturing…
A: "Since multiple questions are posted, we shall solve the first question for you. Please repost the…
Q: On December 1, 2023, Old World Deli signed a $300,000, 6% annual interest rate, six month note…
A: Journal Entry: Journal entry is the act of keeping records of transactions in an accounting journal.…
Q: (a1) Prepare any necessary correcting journal entries related to investments in Blossom Company.…
A: Journal entry refers to the recording of business transactions in the debit and credit format which…
Q: Serven Corporation has estimated its accrual-basis revenue and expenses for June 20X1 and would like…
A: Cost of goods sold = $700000 * 70% =$490000
Q: A comparative balance sheet and income statement is shown for Cruz, Incorporated. CRUZ, INCORPORATED…
A: Sales can be made on cash or on account. In case of cash sales the cash is collected at the time of…
Q: Presented below is financial information of the Cullumber Corporation for 2025: Net sales Cost of…
A: Since you have posted a question with multiple sub-parts, we will do the first three sub-parts for…
Q: Wescott Company has three divisions: A, B, and C. The company has a hurdle rate of 8 percent.…
A: Residual Income is used to assess the economic value added by an investment or business unit. If the…
Q: Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East…
A: A budget is a forecast of revenue and expenses for a certain future period of time that is generally…
Q: Barnes Company reports the following for its product for its first year of operations. Direct…
A: Contribution Margin -Contribution Margin is a profit after deducting variable costs from the sales…
Q: What is the internal growth rate? (Do not round intermediate calculations and round your final…
A: Internal growth rate is the rate at which an entity grows without using any of the external…
Q: On December 31, 2024, the end of the fiscal year, California Microtech Corporation held its…
A: Answer:- Income statement meaning:- An income statement is basically on of the most important…
Q: The total return on the investment is __%.
A: Return on investment or ROI is a measure to determine the profit or earnings in percentage that has…
Q: On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $85,460…
A: Balance sheet :The asset-liability-equity balance as of the balance-sheet date Current assets are…
Q: Using the tables provided, the present value of $6,453 (rounded to the nearest dollar) to be…
A: Present Value is the Value of one Dollar as of today which will be received in Future. For the…
Q: The following information relates to Star Outlet Opening stock: 1 000 000 Purchases 300 000…
A: Lets understand the basics.Cost of sales means a cost for producing and selling of goods. It is…
Q: Vincent Corporation has 99,000 shares of $110 par common stock outstanding. On June 30, Vincent…
A: A journal entry is a record of a business arrangement in the accounting system of a company. Journal…
Q: Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow:…
A: EPS is a financial term used to quantify the profitability of an organization and its performance on…
Q: Macchu Company produces stuffed toy animals; one of these is “Andie the Llama.” Each Andie takes…
A: Direct material budget is the one which is prepared by the entity for the purpose of determining the…
Q: New York Pool Supplies' merchandise inventory data for the year ended December 31, 2025, follow:…
A: Cost of Goods Sold -The cost of goods sold is the cost incurred to generate sales for the company.…
Q: Particulars Current assets: Cash in hand and at bank Stock of raw material Stock of Finished…
A: In order to analyse a company's financial statements, accounting ratios are comparisons of two or…
Q: Parky Corp. provides contracted home staging services to real estate agencies and their clients.…
A: BS stands for Balance Sheet refers to the one of the financial statements which is being prepared by…
Q: Dataspan, Incorporated, automated its plant at the start current year and installed a flexible…
A: Throughput Time Is The Amount Of Time That Required To Complete a Finished Product From Beginning…
Q: or the year ended December 31, 2022, Settles Incorporated earned an ROI of 10.5%. Sales for the year…
A: ROI = Net income / Average total AssetsDivision of Net income with Average total Assets derives the…
Q: Compute the followings: Example of Answer: 4000 No comma, space, decimal point, or $ sign. Raw…
A: Factory overheads are also sometimes referred to as manufacturing overheads which include the…
Q: Hanks recently produced & sold 2777 units. Fixed costs per unit at this level of activity amounted…
A: Variable cost =$ 9 per unitFixed cost = $ 8 per unitHanks recently produced & sold 2777 units.
Q: On April 10, a company acquired land in exchange for 2,500 shares of $23 par common stock with a…
A: JOURNAL ENTRIESJournal Entry is the First stage of Accounting Process. Journal Entry is the Process…
Q: The master budget at Monroe Manufacturing last period called for sales of 42,300 units at $45 each.…
A: Answer:- Variance analysis meaning:- Variance analysis, is basically the examination of differences…
Q: Memphis Company anticipates total sales for April, May, and June of $800,000, $900,000, and $950,000…
A: Credit sales are the sales made by the organization to its customer to repay the due on a later…
Q: At January 1, 2023, the credit balance of Ayayal Corp's Allowance for Expected Credit Losses was…
A: The company entities sold the goods on credit to improve their sales earnings. Some of the clients…
Q: Information must be sufficiently transparent so that it makes sense to reasonably informed users of…
A: Lets understand the basics.Information should have some charactaristics which helps stakeholders to…
Q: a. Compute the equity method balance in Corgan's Investment in Smashing, Inc., account as of…
A: Consolidation: When it comes to corporate consolidation, the phrase refers to the merging of many…
Q: The accounting staff of Lambert Company has assembled the following information for the year ended…
A: Cash flow statement includes:Cash flows from operating activitiesCash flows from investing…
Step by step
Solved in 3 steps
- (e) Product Blue Product Red Selling $12.00 $24.00Variable cost $4.00 $8.00Contribution margin $8.00 $16.00Fixed costs apportioned $200,000 $400,00Budgeted Sales Units 140,000 60,000 Calculate the breakeven points, for each product and the company as a whole and comment on your findings f)Discuss the merits and demerits of the cost volume profit analysis (CVP)G http Chapter Review My... Sales price Contribution margin ratio Fixed costs Tra.. Vernon Company reported the following data regarding the product it sells: a. Break-even point in dollars a. Break-even point in units b. Sales in dollars b. Sales in units c. Break-even point in dollars c. Break-even point in units $60 Man... $ 10% $216,000 M Questio... Required Use the contribution margin ratio approach and consider each requirement separately. b Ans... 2,160,000 36,000 Bes... Saved a. What is the break-even point in dollars? In units? b. To obtain a profit of $54,000, what must the sales be in dollars? In units? c. If the sales price increases to $72 and variable costs do not change, what is the new break-even point in dollars? In units? US fron.Calculate the breakeven point and contribution margin. Breakeven point Fixed cost Contribution margin Selling price per unit Variable cost per unit units $71,800 $ $12 $10 es Mc Graw Hill Aa
- PE 1. Use the following economic data to answer the numbered questions: Total fixed costs P1.8M Unit selling price P80.00 Unit variable cost P56.00 Indicate the effect on the following by one unit increase in sales volume: 1. Breakeven units Total peso sales 3. Total contribution margin 4. Operating profit 5. Total costs 2.Per unit Total Volume Sales $40.00 608000 Variable cost 28 425600 Contribiton margin 12 182400 Fixed expense 156000 Net operating 12 26400 Please share the work(sales and variable expense) from the last answer to achieve $51600 in targeted profit ?Compute for what is being asked1. Unit selling price P800 unit variable cost P350 annual sales volume, 620 units, fixed costs and expenses P200,000 per year. Compute the following.a. Contribution margin per unitb. Contribution margin percentagec. BEP sales volume (units)d. BEP peso salee. Operating income (BIT)using the break even salef. Operating income (EBIT) using the annual sales volume
- Unit sales (a) Selling price per unit Variable cost per unit Traceable fixed expense TB MC Qu. 12A-46 Woodridge Corporation manufactures numerous... Woodridge Corporation manufactures numerous products, one of which is called Alpha-32. The company has provided the following data about this product Multiple Choice $1,375,220 77,000 76.00 61.00 $1,323,000 $52.220 Help $ $ Management is considering increasing the price of Alpha-32 by 5%, from $76.00 to $79.80. The company's marketing managers estimate that this price hike would decrease unit sales by 5%, from 77,000 units to 73,150 units Assuming that the total traceable fixed expense does not change, what net operating income will product Alpha-32 earn at a price of $79.80 if this sales forecast is correct? Save & Exitble cost per unit 1.3 ginal income per REQUIRED Use the information provided below to calculate the following independently: 1.3.1 Net profit 1.3.3 Marginal income per unit that will enable the project to break even 1.3.2 Break-even quantity if the selling price increases to R130 per unit INFORMATION Caprice Limited plans to start Project Star and the following are the forecasts for 2024 Sales Direct materials cost per unit Direct labour cost per unit Variable selling costs Manufacturing overhead costs (all fixed) Fixed selling and administrative costs 50 000 units at R120 per unit R36 R24 10% of sales R841 000 R1 040 000 (2 marks) (2 marks) (4 marks)Sensitivity Cost-Volume-Profit Analysis and Production Versus Period Costs, Multiple-Product Setting If both the variable and fixed production costs (refer to your answer to Requirement 1) associated with the canoe product line increased by 5% (beyond the estimate from the high-low analysis), how many canoes and paddles would need to be sold in order to earn a target income of 96,000? Assume the same sales mix and additional fixed costs as in Requirement 3.
- Contribution Margin Ratio, Break-Even Sales, Operating Leverage Elgart Company produces plastic mailboxes. The projected income statement for the coming year follows: Required: 1. Compute the contribution margin ratio for the mailboxes. 2. How much revenue must Elgart earn in order to break even? 3. What is the effect on the contribution margin ratio if the unit selling price and unit variable cost each increase by 15%? 4. CONCEPTUAL CONNECTION Suppose that management has decided to give a 4% commission on all sales. The projected income statement does not reflect this commission. Recompute the contribution margin ratio, assuming that the commission will be paid. What effect does this have on the break-even point? 5. CONCEPTUAL CONNECTION If the commission is paid as described in Requirement 4, management expects sales revenues to increase by 80,000. How will this affect operating leverage? Is it a sound decision to implement the commission? Support your answer with appropriate computations.You have been provided with the following information: ere to search Multiple Choice Sales Less variable expenses Contribution margin Less fixed expenses Operating profit If unit sales decrease by 10%, how much will fixed costs have to be reduced by to maintain the current operating profit? $8,250 $11,000 Per Unit $25 14 $11 E Total $ 75,000 42,000 33,000 22,000 $ 11,000 N 4 37°F MostlyQ5 From the following particulars you are required to calculate (a) PIV ratio and (b) Break-even point Le) Margin of Safety Actual sales OMR. 200000 Variable cost OMR. 120000 Fixed cost OMR. 45000 Also calculate the sales required to maintain the profit OMR 72000.