(a) Concept introduction: The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost. To construct: A cost volume profit graph.

Question

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Answer 1

Question

Chapter 11, Problem 11.16E

To determine

(a)

Concept introduction:

The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost.

To construct:

A cost volume profit graph.

To determine

(b)

Concept introduction:

The break even sale is that point of sale where company recovers all fixed cost.

To compute:

The break even sale.

To determine

(c)

Concept introduction:

In the cost volume profit graph, all data like cost, breakeven point, sale volume etc is calculated as well as shown on the graph.

In the cost volume profit equation,all data like cost, breakeven point, and sale volume etc is calculated by the equation.

Main Advantage of presenting the cost volume profit graph constructed rather than equation.

Expert Solution & Answer

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Profit-Volume Chart For the coming year, Loudermilk Inc. anticipates fixed costs of $600,000, a unit variable cost of $75, and a unit selling price of $125. The maximum sales within the relevant range are $2,500,000. a. Determine the maximum possible operating loss. b. Compute the maximum possible operating profit. c. Construct a profit-volume chart on paper. Indicate whether each of the following levels of sales is in the operating profit area, operating loss area, or at the break-even point. 4,800 units 8,000 units 12,000 units 16,000 units 20,000 units d. Estimate the break-even sales (units) by using the profit-volume chart constructed in part (c). units

For the coming year, Bepis Inc. anticipates fixed costs of $700,000, a unit variable cost of $85, and a unit selling price of $105. The maximum sales within the relevant range are $2,500,000. a. Construct a cost-volume-profit chart. b.Estimate the break-even sales (dollars) by using the cost-volume-profit chart constructed in part (A). c. What is the main advantage of presenting the cost-volume-profit analysis in graphic form rather than equation form?

A company has return on sales of 20%, income of $50,000, selling price of $10, and a contribution margin of 40% . A. What are fixed costs? Why? How? B. What are variable costs per units? Why? How? C. What are sales in units? D. What are sales in dollars? Why? How?

Answer 2

Question

Chapter 11, Problem 11.16E

To determine

(a)

Concept introduction:

The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost.

To construct:

A cost volume profit graph.

To determine

(b)

Concept introduction:

The break even sale is that point of sale where company recovers all fixed cost.

To compute:

The break even sale.

To determine

(c)

Concept introduction:

In the cost volume profit graph, all data like cost, breakeven point, sale volume etc is calculated as well as shown on the graph.

In the cost volume profit equation,all data like cost, breakeven point, and sale volume etc is calculated by the equation.

Main Advantage of presenting the cost volume profit graph constructed rather than equation.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 11, Problem 11.16E

To determine

(a)

Concept introduction:

The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost.

To construct:

A cost volume profit graph.

To determine

(b)

Concept introduction:

The break even sale is that point of sale where company recovers all fixed cost.

To compute:

The break even sale.

To determine

(c)

Concept introduction:

In the cost volume profit graph, all data like cost, breakeven point, sale volume etc is calculated as well as shown on the graph.

In the cost volume profit equation,all data like cost, breakeven point, and sale volume etc is calculated by the equation.

Main Advantage of presenting the cost volume profit graph constructed rather than equation.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 11, Problem 11.16E

To determine

(a)

Concept introduction:

The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost.

To construct:

A cost volume profit graph.

To determine

(b)

Concept introduction:

The break even sale is that point of sale where company recovers all fixed cost.

To compute:

The break even sale.

To determine

(c)

Concept introduction:

In the cost volume profit graph, all data like cost, breakeven point, sale volume etc is calculated as well as shown on the graph.

In the cost volume profit equation,all data like cost, breakeven point, and sale volume etc is calculated by the equation.

Main Advantage of presenting the cost volume profit graph constructed rather than equation.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 11, Problem 11.16E

To determine

(a)

Concept introduction:

The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost.

To construct:

A cost volume profit graph.

To determine

(b)

Concept introduction:

The break even sale is that point of sale where company recovers all fixed cost.

To compute:

The break even sale.

To determine

(c)

Concept introduction:

In the cost volume profit graph, all data like cost, breakeven point, sale volume etc is calculated as well as shown on the graph.

In the cost volume profit equation,all data like cost, breakeven point, and sale volume etc is calculated by the equation.

Main Advantage of presenting the cost volume profit graph constructed rather than equation.

Answer 6

Chapter 11, Problem 11.16E

To determine

(a)

Concept introduction:

The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost.

To construct:

A cost volume profit graph.

Answer 7

Chapter 11, Problem 11.16E

To determine

(a)

Concept introduction:

The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost.

To construct:

A cost volume profit graph.

Answer 8

To determine

(b)

Concept introduction:

The break even sale is that point of sale where company recovers all fixed cost.

To compute:

The break even sale.

Answer 9

To determine

(b)

Concept introduction:

The break even sale is that point of sale where company recovers all fixed cost.

To compute:

The break even sale.

Answer 10

To determine

(c)

Concept introduction:

In the cost volume profit graph, all data like cost, breakeven point, sale volume etc is calculated as well as shown on the graph.

In the cost volume profit equation,all data like cost, breakeven point, and sale volume etc is calculated by the equation.

Main Advantage of presenting the cost volume profit graph constructed rather than equation.

Answer 11

To determine

(c)

Concept introduction:

In the cost volume profit graph, all data like cost, breakeven point, sale volume etc is calculated as well as shown on the graph.

In the cost volume profit equation,all data like cost, breakeven point, and sale volume etc is calculated by the equation.

Main Advantage of presenting the cost volume profit graph constructed rather than equation.

Answer 12

Expert Solution & Answer

Answer 13

Expert Solution & Answer

Answer 14

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Answer 15

Ch. 11 - Which of the following statements describes...Ch. 11 - If sales are $500,000, variable costs are...Ch. 11 - If the unit selling price is $16. the unit...Ch. 11 - Based on the data presented in Question 3, how...Ch. 11 - Prob. 5SEQ Ch. 11 - Describe how total variable costs and unit...Ch. 11 - How would each of the following costs be...Ch. 11 - Describe the behavior of (a) total fixed costs and...Ch. 11 - How would each of the following costs be...Ch. 11 - In cost analyses, how arc mixed costs treated?

(a) Concept introduction: The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost. To construct: A cost volume profit graph.

Solution Summary: The author introduces the concept of cost volume profit graph, which shows the relationship between the cost of product and these units by using total sale total cost and total fixed cost.

(a)

Concept introduction:

The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost.

To construct:

A cost volume profit graph.

(b)

Concept introduction:

The break even sale is that point of sale where company recovers all fixed cost.

To compute:

The break even sale.

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Chapter 11 Solutions

(a) Concept introduction: The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost. To construct: A cost volume profit graph.

Solution Summary: The author introduces the concept of cost volume profit graph, which shows the relationship between the cost of product and these units by using total sale total cost and total fixed cost.

(a) Concept introduction: The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost. To construct: A cost volume profit graph.

(b) Concept introduction: The break even sale is that point of sale where company recovers all fixed cost. To compute: The break even sale.

Want to see the full answer?

Chapter 11 Solutions

(a)

Concept introduction:

The Cost Volume Profit Graph is a graph representation that shows the relationship between the cost of product and these units by the using of total sale total cost and total fixed cost.

To construct:

A cost volume profit graph.

(b)

Concept introduction:

The break even sale is that point of sale where company recovers all fixed cost.

To compute:

The break even sale.