QUESTION 1 *COGS $390,000 •GM 60% %3D •Store size: 20 ft x 25 ft. •2,500 transactions •5,000 units sold Salaries 97,500 •Occupancy is $107,250 Q. what is the Average Selling Price? QUESTION 2 •COGS = *GM 60% %3D •Store size: 20 ft x 25 ft. •2,500 transactions •5,000 units sold •Salaries 97,500 *Occupancy is $107,250 Q. What are the Sales Per Transaction?

QUESTION 1 COGS $390,000 •GM 60% %3D •Store size: 20 ft x 25 ft. •2,500 transactions •5,000 units sold Salaries 97,500 •Occupancy is $107,250 Q. what is the Average Selling Price? QUESTION 2 •COGS = GM 60% %3D •Store size: 20 ft x 25 ft. •2,500 transactions •5,000 units sold •Salaries 97,500 *Occupancy is $107,250 Q. What are the Sales Per Transaction?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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QUESTION 1 *COGS = $390,000 •GM = 60% •Store size: 20 ft x 25 ft. •2,500 transactions •5,000 units sold •Salaries 97,500 *Occupancy is $107,250 Q. what is the Average Selling Price? QUESTION 2 COGS $390,000 %3! GM = 60% •Store size: 20 ft x 25 ft. *2,500 transactions •5,000 units sold •Salaries 97,500 *Occupancy is $107,250 Q. What are the Sales Per Transaction?
N3 nit Sales Price: $100 Unit Buying Price: $ 34 Unit Sales Premium: $ 6 Annual Rent Cost: $150.000 Annual Salaries: $350.000 Annual Advertisement Cost: $100.000 Calculate the break-even point activity and break-even point sales in dollars
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I'm trying to see what am I doing wrong on this spreadshit: Year 1 Year 2 Year 3 Year 4 $ % $ % $ % $ % Net sales $500,000.00 100.00% 540,000.00 100.00% 577,800.00 100.00% 612,468.00 100.00% Cost of goods 265,000.00 Gross margin 235,000.00 Operating expenses 210,000.00 Operating profit 25,000.00
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Question 3 You have been presented with the following information : Customer Perspective Actual Performance $6.5 mil Targets a. Total Sales $ 10 mil b. No. of Stock Returns 10 20 Internal Business Perspective a. Maintenance Costs b. No of Workers (production) Targets $200k Actual Performance $50k 30 15 Financial Perspective Actual Performance Targets $4mil a. Net Profit $1mil b. Asset Turnover ratio 15 times 20 times Innovation & Growth Perspective Targets $100k Actual Performance $20k a. Training Costs b. No of Staff (Marketing) 20 12 Other information obtained are customers are frequently complaining and cancelling orders and machines breakdowns. Required : i) Comment on the performance. ii) Propose suggestion to improve.
O Problem Set: Module 4 1. EX.06.01 2. PR.06.02A ALGO 3. BE.06.02.ALGO 4. BE.06.03.ALGO cengagenow.com ● Portmann Company, operating at full capacity, sold 1,000,000 units at a price of $188 per unit during the current year. Its income statement is as follows: Sales Cost of goods sold Gross profit Expenses: Selling expenses Administrative expenses Total expenses Cost of goods sold Selling expenses Administrative expenses Total variable costs Total fixed costs $16,000,000 10,600,000 Operating income The division of costs between variable and fixed is as follows: Fixed Unit variable cost Unit contribution margin + 40 Variable 70% 75% 50% $188,000,000 (101,000,000) $87,000,000 (26,600,000) $60,400,000 Management is considering a plant expansion program for the following year that will permit an increase of $11,280,000 in yearly sales. The expansion will increase fixed costs by $5,000,000 but will not affect the relationship between sales and variable costs. Required: 1. Determine the…
Question 1 1-pts You own Souvenir Gallore, a souvenir shop on Lane Avenue. You would like to do an ABC analysis based on annual dollar usage. You sell the following list of retail items in your store. Annual demand Items Unit cost (units) Greeting cards 10,000 $1.50 Key chains 975 $15.50 Candleholders 700 $35.00 Caps 775 $19.50 Calendars 350 $32.00 Watches 380 $25.00 The annual dollar usage of watches is $ and the ABC class that watches belong to is G Search or type URL 23 2$ & 3 7 8. E R T Y U < CO
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