25-From the following information, calculate the amount of profit using marginal cost technique: Fixed cost OMR. 500,000, variable cost per unit OMR.10, Selling price per unit OMR. 15,0utput level 150,000 units O a. OMR 350000 O b. OMR 250000 O c. OMR 2500000 O d. None of the given options

25-From the following information, calculate the amount of profit using marginal cost technique: Fixed cost OMR. 500,000, variable cost per unit OMR.10, Selling price per unit OMR. 15,0utput level 150,000 units O a. OMR 350000 O b. OMR 250000 O c. OMR 2500000 O d. None of the given options

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: Qs Let the selling Price of a product is 200$ and the variable cost is 120$ and the Fixed Cost is…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: If Actual sales are OMR 490000, Total Fixed costs OMR 135000, Selling price per unit OMR 50, and…

A: Actual sales = OMR 490000 Total fixed cost = OMR 135000 Selling price per unit = OMR 50 Variable…

Q: Dhofar Company has the following information: Total Fixed cost OMR 20000 Selling price per unit…

A: Margin of Safety (OMR) Profit / PV ratio PV ratio Selling price - variable cost / selling price *100…

Q: If Actual sales are OMR 480000, Total Fixed costs OMR 135000, Selling price per unit OMR 50, and…

A: SOLUTION CONTRIBUTION MARGIN PER UNIT = SELLING PRICE PER UNIT - VARIABLE PRICE PER UNIT . SALES…

Q: If Actual sales are OMR Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable…

A: The margin of safety when added to the breakeven point gives the total sales.

Q: Company XYZ has total fixed costs of $10,000. Assume a selling price per unit of $48 and total…

A: Option e is correct. Break even point = fixed cost/(sales price - variable cost) = 10000/(48 - 24)…

Q: Sales = 5000 units with selling price of OMR 12 per unit, Break-even point = 4000 units, Fixed cost…

A: Break-even point is the point at which the entity does not make any profit or loss That is Selling…

Q: Exercise 1: From the following information calculate: (I) P/V Ratio (2) Break-Even Point (3)…

A: Break even point sales are the sales where business earns no profit no loss.

Q: If, Total Fixed cost OMR 40000, Selling price per unit OMR 30, and Variable cost per unit OMR 12,…

A: The differentiation between anticipated profit margins and break-even point would be known as the…

Q: Salalah Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR…

A: Total fixed cost = OMR 20000 Selling price per unit = OMR 25 Variable cost per unit = OMR 15 Desired…

Q: ● ● 1. If the variable cost is P15/unit, fixed cost is 265,000; and Sales is P55. Find the BEPs, and…

A: Break Even Point :— It is the point where there is no profit or no loss. It is point where profit is…

Q: 1. Contribution margin per unit is а. Р50 b. Р55 с. Р80 d. P15 2. The contribution margin ratio is

A: Formula: Contribution Margin Ratio= Contribution Per UnitSales Per unit×100 Contribution per unit=…

Q: Salalah Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR…

A: This question is related to financial management, in which we have to find the amount of sales on…

Q: If Actual sales are OMR 490000, Total Fixed costs OMR 135000, Selling price per unit OMR 50, and…

A: Total fixed cost = OMR 135000 Selling price per unit = OMR 50 Variable cost per unit = OMR 35 Actual…

Q: 50-By assuming fixed cost OMR 10,000, breakeven point OMR 22,000, variable cost per unit OMR 100 and…

A: Formula: Contribution = Sales price - variable cost. P/V ratio = Contribution x ( 100 / sales )

Q: If Actual sales are OMR 620000, Total Fixed costs OMR 115000, Selling price per unit OMR 60, and…

A: The margin of safety sales are calculated as difference between current sales and break even sales.…

Q: amount of profit

A: Total Fixed cost = OMR 40000 Selling price per unit = OMR 20 Total Sales = OMR 120000 Number of…

Q: 2. You are given the following information: Selling price per unit Variable cost OMR 20 OMR 12 Total…

A: Break-even analysis is a technique widely used by the production department. It helps to determine…

Q: If Actual sales are OMR 450000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and…

A: Actual sales= OMR450000 Total fixed cost= OMR120000 Selling price per unit= OMR50 Variable price per…

Q: Salalah Company has the following information: Total Fixed cost OMR 20000 Selling price per unit…

A: Solution:- Calculation of the amount of sales if it is desired to earn a profit of OMR 5000 as…

Q: 17-Assume that in one of the written test of your interview, the following question has been asked.…

A: Sales revenue: It is the revenue earned by an organization on selling the products to the outsiders.…

Q: Dhofar Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR…

A: The question is multiple choice question Required Choose the Correct Option

Q: The following sales and purchases are expected over the Four-month period from December to March…

A: The questions are multiple choice questions Required Choose the Correct Option.

Q: Q5 From the following particulars you are required to calculate (a) PIV ratio and (b) Break-even…

A: P/V or Profit Volume Ratio is calculated as Contribution / Sales Here, Contribution = Sales -…

Q: If, Total Fixed cost OMR 3200O, Selling price per unit OMR 20, and Variable cost per unit OMR 12.…

A: Margin of safety is the difference of sales and break even sales level. The break even sales in…

Q: Total Fixed cost OMR 25000, Selling Price per unit OMR 20, and Variable cost per unit OMR 12, What…

A: Sales quantity(in units) can be calculated by using this equation Sales units =Fixed cost+Desired…

Q: 0,0 0 Sales are 140000 OMR, variable cost = 110000 OMR, profit is 10000 OMR calculate fixed cost…

A: Answer - Option A is correct Option - 20000 OMR Fixed Cost = Total Sales - Variable Cost - Profit…

Q: Mars Company has the following information: Total Fixed cost OMR 25000 Selling price per unit OMR 40…

A: Margin of Safety is the difference between the current sales and the breakeven sales.

Concept explainers

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

Question

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

Dhofar Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR 25 Variable cost per unit OMR 15, What will be the correct amount of Margin of safely at a profit of OMR 6000? Select one: O a. OMR 20000 O b. None of the options O c. OMR 13333 O d. OMR 15000
Mars Company has the following information: Total Fixed cost OMR 25000 Selling price per unit OMR 40 Variable cost per unit OMR 25, What will be the correct amount of Margin of safely at a profit of OMR 12000? Select one: O a. OMR 37000 b. OMR 30000 O c. OMR 19200 O d. OMR 32000
Dhofar Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR 25 Variable cost per unit OMR 15, What will be the correct amount of Margin of safely at a profit of OMR 6000? Select one: a. OMR 15000 b. OMR 20000 c. None of the options d. OMR 13333
If, Total Fixed cost OMR 32000, Selling price per unit OMR 20, and Variable cost per unit OMR 12. What will be the Margin of safety and profit if actual sales are OMR 85000? Select one: O a. Margin of Safety OMR 10000, Profit OMR 4000 O b. Margin of Safety OMR 26667, Profit OMR 16000 O c. None of the options O d. Margin of Safety OMR 5000, Profit OMR 2000
2. You are given the following information: Selling price per unit Variable cost OMR 20 OMR 12 Total fixed cost OMR 96000 (i) Break-even units and value. (ii) Profit and margin of safety when sales would be OMR 400000 Engih nted States
on 1 Salalah Company has the following information: et red Total Fixed cost OMR 20000 d out of Selling price per unit OMR 25 Variable cost per unit OMR 15 g question What will be the amount of sales if it is desired to earn a profit of OMR 5000? Select one: O a. Units 2500 O b. OMR 62500 Oc OMR 43750 O d. None of the options
If, Total Fixed cost OMR 32000, Selling price per unit OMR 20, and Variable cost per unit OMR 12. What will be the Margin of safety and profit if actual sales are OMR 85000? Select one: O a. None of the options O b. Margin of Safety OMR 5000, Profit OMR 2000 c. Margin of Safety OMR 10000, Profit OMR 4000 O d. Margin of Safety OMR 26667, Profit OMR 16000
Salalah Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR 25 Variable cost per unit OMR 15 What will be the amount of sales if it is desired to earn a profit of OMR 5000? Select one: a. OMR 62500 b. None of the options c. Units 2500 d. OMR 43750
Salalah Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR 25 Variable cost per unit OMR 15 What will be the amount of sales if it is desired to earn a profit of OMR 5000? Select one: O a. Units 2500 O b. OMR 62500 O c. OMR 43750 O d. None of the options
If, Total Fixed cost OMR 40000, Selling price per unit OMR 30, and Variable cost per unit OMR 12, what is Margin of safely at a profit of OMR 12000? Select one: a. OMR 20000 b. OMR 30000 c. None of the options d. OMR 40000
50-By assuming fixed cost OMR 10,000, breakeven point OMR 22,000, variable cost per unit OMR 100 and selling price per unit OMR 150, find out the profit when sales are OMR 45,000. O a. OMR 23000 O b. OMR 12000 O c. OMR 5000 O d. OMR 35000
If Actual sales are OMR 450000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)? Select one: a. MS=70000 and MS (%)=12.15 b. MS-100000 and MS (%)%3D15 C. None of the options d. MS-50000 and MS (%)=11.11