Summarized data for Ralph Corporation: Selling price Variable expenses $ 200 per unit $ 150 per unit $ 1,000,000 per year 25,000 per year Fixed expenses Unit sales
Q: After-Tax Profit Targets Olivian Company wants to earn $300,000 in net (after-tax) income next…
A: Variable cost means the cost which vary with the level of output where as fixed cost remain fixed…
Q: ABC Company manufactures the product XE-17. The product is sold at a unit price of $70. Variable…
A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: Vacationnatalaga Corporation produces a single product. Data concerning the company's first year of…
A: The net income is calculated as difference between sales revenue and total expenses.
Q: Following is the last year data of X company: Selling price Variable expenses Fixed expenses for the…
A: Answer Sale unit last year = 45,000 Sale unit in this year = 90,000 Last year profit Sales =…
Q: Ferkil Corporation manufacturers a single product that has a selling price of $100 per unit. Fixed…
A: Formula: Required sales units to earn a target profit = ( Fixed cost + target profit ) / Unit…
Q: Given the income statement of ABC Company Sales P400,000 Variable Cost (120,000) Contribution margin…
A: Margin of Safety: The idea of margin of safety dictates that an investor buys assets only when their…
Q: Your company’s fixed expenses total $150,000, it’s variable expense ratio is 60% and it’s variable…
A: We know that as per Margin costing Selling price - Variable cost - Fixed cost = Profit Selling…
Q: Righteous Company recorded operating data for its shoe division for the year. The company's desired…
A: Controllable margin Means:- Controllable margin = Contribution margin - direct fixed cost
Q: W Company sells only one product with a selling price of $200 and a variable cost of $80 per unit.…
A: We have the following information: Selling Price: $200 Variable Cost: $80 per unit Monthly fixed…
Q: ABC Company manufactures the product XE-17. The product is sold at a unit price of $70. Variable…
A: Break-even point is the point of the entity where it is incurring or earning no loss or profit…
Q: Jasin Company projected operating income (based on sales of 450,000 units) for the coming year as…
A: Break-even point (BEP): Breakeven is the point where total expenses are equal to total revenue. at…
Q: A company sells its product at P18 per unit. Variable costs are P12 per unit and fixed costs are…
A: Contribution margin = sales - variable costs = 18-12 = P6 per unit Contribution margin ratio =…
Q: Leverage Faldo Company produces a single product. The projected income statement for the coming…
A: Sales price per unit = Total sales / Total units = $2,000,000 /…
Q: Al-Naseem Company fixed costs are OMR 120,000 per year. The variable cost of each unit is OMR 6, and…
A: Cost accounting is the process of recording all the costs related to the production of a good. Cost…
Q: The following information relates to financial projections of ABC's company: Projected sales 60,000…
A: Contribution margin = (sales price - variable costs) x no. of units = (7-2)*60000 = P300000
Q: Number of products produced and sold 200,000 units. The selling p of each unit is 17,000 Rials and…
A: Break-Even Point is situation where revenues and expenses becomes equal and entity doesn’t earn any…
Q: Belowis an income statem ent for NUBD Company: Sales P400,000 (120,000) Contribution margin P280,000…
A: Contribution margin ratio = Contribution margin / sales = 280000/400000 = 70%
Q: Ferkil Corporation manufacturers a single product that has a selling price of $30.00 per unit. Fixed…
A: Calculation of number of units to be sold to earn targe profit of $ 16,500 Number of units to be…
Q: A company has a fixed cost of $26,000 and a production cost of $5 for each unit it manufactures. A…
A: The question is based on the concept of Cost Accounting. As per Bartleby guidelines we are allowed…
Q: Following is the last year data of X company: Selling price Variable expenses $80 per unit $40 per…
A: Advertising expenses: These are the expenses incurred by the company to promote the products.…
Q: A business produces a product that's sold for £30 each. Variable costs are £12 for each product an…
A: Introduction:- The following Formula used to calculate as follows under:- Units required =(Fixed…
Q: Jasmine Inc. makes a single product that it sells for $25 each. Variable costs are $13 per unit and…
A: Contribution margin is sales revenue over and above it's variable costs. In order to earn target…
Q: With the following data, how many units must be sold to generate an operating income of…
A: Operating income: Income statement reports revenues and expenses from business operations, and the…
Q: Target Profit Analysis Lin Corporation has a single product whose selling price is $120 per unit and…
A: 1. Contribution margin per unit = Sales price per unit - variable cost per unit = $120-80 = $40 per…
Q: sales per unit $15 $100 variable expenses per unit $9 $20…
A: Contribution margin = sales - variable cost
Q: The annual profit P, of a small manufacturing firm is given as P+100=Xsquared +15X where X is the…
A: P+ 100 =X^2 + 15X where P = profit X = no. of units Sold
Q: XYZ Company's single product has a selling price of $15 per unit The fxed expenses were $100,000…
A: Contribution = Fixed expense + Profit = $100,000 + $40,000 =$140,000 Let Sales be x Total sales =…
Q: XYZ Company's single product has a selling price of $15 per unit. The fixed expenses were $110,000.…
A: Profit per unit is the selling price minus variable cost per unit as reduced by fixed expenses
Q: Number of products produced and sold 200,000 units. The selling price of each unit is 17,000 Rials…
A:
Q: Adam, Inc., sells a single product. The company's most recent income statement is given below. Sales…
A: Solution a: CM ratio = CM /Sales = $80,000 / $200,000 = 40%
Q: Number of products produced and sold 200,000 units. The selling price of each unit is 17,000 Rials…
A: Financial Leverage = Earning Before Interest and Tax/ Earning Before Tax Selling units = 200000…
Q: Vacationnatalaga Corporation produces a single product. Data concerning the company's first year of…
A: The difference in variable cost and absorption is that of treatment of fixed manufacturing overhead.…
Q: 4 Atlas Company has a monthly target operating income of $20,000. Variable expenses are 60% of sales…
A: The measure that computed the degree by which the organization can increase the operating income by…
Q: Type of cost Sales person commision Wages Expense Cost 9.45 per unit $ 100,000.00 per month $…
A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…
Q: Your Company's fixed expenses total $150,000, its variable expense ratio is 60% and its variable…
A: The total costs incurred during a period can be further classified into fixed costs and variable…
Q: Belowis an income statement for NUBD Company: P 400,000 (120.000) Contribution margin P280,000…
A: Contribution Margin Ratio = Contribution MarginSales × 100 = P280,000P400,000×100 = 70% Break Even…
Q: ABC Corporation total breakeven point is 100,000 units. Its selling price is 100 and contribution…
A: Contribution margin is the sales revenue which is over and above variable costs of the business.
Q: Adams Company sells a single product. The product sells for $100 per unit. The company’s variable…
A: Adams Company sells a single product. The product sells for $100 per unit. The company’s variable…
Q: Product Q has a sales of 80,000 units per annum and other details as follows: Material=4,80,000…
A: The cumulative amount of money used by a company or project to acquire income is referred to as…
Q: uestion: Total Per Unit Revenue $ 480,000 $ 30.00 Variable expenses…
A: Selling price per unit: It is the price at which a unit of product is sold in the market. Variable…
Q: XYZ Company's single product has a selling price of $15 per unit. The fixed expenses were $160,000.…
A: Degree of operating leverage refers to the change in percentage of operating income due to change in…
Q: Planet of the Grapes, Inc. makes a single product that it sells for $40 each. Variable costs are $15…
A: The calculation of contribution margin per unit and contribution margin ratio has been made as…
Q: XYZ Company's single product has a selling price of $15 per unit. The fixed expenses were $120,000.…
A: Let units sold be X Sales = 15X Contribution = Fixed expenses + Profit = $120,000 + $60,000…
Q: Brolin Company sells a single product. The product has a selling price of $50 per unit and variable…
A: Solution : Contribution margin ratio = 100% - variable cost ratio = 100% - 80% = 20%
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- IF XZX has the following data:Profit margin 2%Return on Asset 4%Sales revenues $500,000What is the company Total assets ? O a. $500,000 O b. $300,000 O c. $250,000 O d. $100,000Accelerated Logistics provides the following information: $1,600,000 $15,000,000 $1,800,000 Operating income Net sales Average total assets Management's target rate of return 25% What is the company's profit margin ratio? (Round your answer to two decimal places.) ..... A. 12.00% B. 88.89% C. 27.90% D. 10.67%Assume the following sales data for a company: Year 2 $562,500 Year 1 $450,000 What is the percentage increase in sales from Year 1 to Year 2 (to the nearest whole percent)? O a. 20% O b. 125% О с. 25% O d. 80%
- Operating results of Max corporation is given below: $2,160,000 $1,080,000 $1,080,000 $180,000 $900,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income Increase in net operating income if expected sales increase by 12% next year is: а. 12% b. 10% с. 6% d. 14.40%Solvency and Profitability Trend Analysis Crosby Company has provided the following comparative information: 20Y8 20Y7 20Y6 20Y5 20Y4 Net income $5,571,720 $3,714,480 $2,772,000 $1,848,000 $1,400,000 Interest expense 1,052,060 891,576 768,600 610,000 500,000 Income tax expense 1,225,572 845,222 640,320 441,600 320,000 Total assets (ending balance) 29,378,491 22,598,839 17,120,333 12,588,480 10,152,000 Total stockholders’ equity (ending balance) 18,706,200 13,134,480 9,420,000 6,648,000 4,800,000 Average total assets 25,988,665 19,859,586 14,854,406 11,370,240 8,676,000 Average total stockholders' equity 15,920,340 11,277,240 8,034,000 5,724,000 4,100,000 You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have remained relatively steady at the following levels for the last five years: 20Y4–20Y8…1. ABC Co. has the following information: 20x1 20x2Installment sales ? ?Cost of sales 600,000 660,000Installment receivable - 20x1 600,000 400,000Installment receivable - 20x2 720,000Gross profit rates based on sales 40% 45% How much is the total realized gross profit in 20x2?
- Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 600,000 shares of common stock were outstanding. The interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $23. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: $ 1,240 10,700 13,500 Cash $ 1,370 Accounts receivable, net Inventory Prepaid expenses 7,400 12,500 620 560 Total current assets 26,060 21,830 Property and equipment: Land 10,500 10,500 Buildings and equipment, net Total property and equipment 40,950 51,450 34,630 45,130 Total assets $ 77,510 $ 66,960 Liabilities and Stockholders' Equity Current…Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 700,000 shares of common stock were outstanding. The interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $24. All of the company's sales are on account, Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: $ 1,110 9,800 13,100 620 $ 1,320 8,300 12, 200 Cash Accounts receivable, net Inventory Prepaid expenses 540 Total current assets 24,630 22,360 Property and equipment: 10,600 45,263 55,863 $ 80,493 10,600 35,639 46,239 $ 68,599 Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current…The following information relates to Paterno Company: Sales revenue $10,000,000Contribution margin 4,000,000Net income 1,000,000If a manager at Paterno desired to determine the percentage impact on net income of a given percentage change in sales, the manager would multiply the percentage increase/decrease in sales revenue by: A) 0.25. B) 0.40. C) 2.50. D) 4.00. E) 10.00.
- Solvency and Profitability Trend Analysis Addai Company has provided the following comparative information: 20Y8 20Y7 20Y6 20Y5 20Y4 Net income $273,406 $367,976 $631,176 $884,000 $800,000 Interest expense 616,047 572,003 528,165 495,000 440,000 Income tax expense 31,749 53,560 106,720 160,000 200,000 Total assets (ending balance) 4,417,178 4,124,350 3,732,443 3,338,500 2,750,000 Total stockholders’ equity (ending balance) 3,706,557 3,433,152 3,065,176 2,434,000 1,550,000 Average total assets 4,270,764 3,928,396 3,535,472 3,044,250 2,475,000 Average total stockholders' equity 3,569,855 3,249,164 2,749,588 1,992,000 1,150,000 You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have remained relatively steady at the following levels for the last five years: 20Y4–20Y8 Return on total assets 28%…Solvency and Profitability Trend Analysis Addai Company has provided the following comparative information: 20Y8 20Y7 20Y6 20Y5 20Y4 Net income $273,406 $367,976 $631,176 $884,000 $800,000 Interest expense 616,047 572,003 528,165 495,000 440,000 Income tax expense 31,749 53,560 106,720 160,000 200,000 Total assets (ending balance) 4,417,178 4,124,350 3,732,443 3,338,500 2,750,000 Total stockholders’ equity (ending balance) 3,706,557 3,433,152 3,065,176 2,434,000 1,550,000 Average total assets 4,270,764 3,928,396 3,535,472 3,044,250 2,475,000 Average total stockholders' equity 3,569,855 3,249,164 2,749,588 1,992,000 1,150,000 You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have remained relatively steady at the following levels for the last five years: 20Y4–20Y8 Return on total assets 28%…Assume the following sales data for a company: Current year $1,025,000 Preceding year 820,000 What is the percentage increase in sales from the preceding year to the current year? Oa. 125% Ob. 25% Oc. 75% Od. 100%
