Break-Even Sales Anheuser-Busch InBev SA/NV (BUD) reported the following operating information for a recent year: Sales $8,640,000 Cost of goods sold $2,160,000 Selling, general, and administrative expenses 810,000 2,970,000 Operating income $5,670,000* *Before special items In addition, assume that Anheuser-Busch InBev sold 45,000 barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 50% of selling, general, and administrative expenses. Assume that the remaining costs are fixed. For the following year, assume that Anheuser-Busch InBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $28,400. a. Compute the break-even number of barrels for the current year. Round to the nearest whole barrel. X barrels b. Compute the anticipated break-even number of barrels for the following year. Round to the nearest whole barrel. X barrels
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- Johnson Corporation had beginning inventory of 20,000 at cost and 35,000 at retail. During the year, it made net purchases of 180,000 at cost and 322,000 at retail. Johnson nude sales of 300,000. Assuming a price index of 100 at the beginning of the year and 110 at the end of the year, compute Johnsons ending inventory at cost using the dollar-value LIFO retail method.Break-even salesAnheuser-Busch InBev Companies, Inc., reported the followingoperating information for a recent year (in millions): Net sales $47,063 Cost of goods sold $18,756 Selling, general and administration 12,999 $31,755 Income from operations $15,308* *Before special items In addition, assume that Anheuser-Busch InBev sold 400 million barrelsof beer during the year. Assume that variable costs were 75% of the costof goods sold and 50% of selling, general and administration expenses. Assume that the remaining costs are fixed. For the following year,assume that Anheuser-Busch InBev expects pricing, variable costs perbarrel, and Fixed costs to remain constant, except that new distributionand general office facilities are expected to increase fixed costs by $300million. a. Compute the break-even number of barrels for the current year.Note: For the selling price per barrel and variable costs per barrel,round to the nearest cent. Also present the break-even units…Break-Even Sales Anheuser-Busch InBev SA/NV (BUD) reported the following operating information for a recent year: Sales $7,344,000 Cost of goods sold $1,836,000 Selling, general, and administrative expenses 510,000 2,346,000 Operating income $4,998,000* *Before special items In addition, assume that Anheuser-Busch InBev sold 51,000 barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 50% of selling, general, and administrative expenses. Assume that the remaining costs are fixed. For the following year, assume that Anheuser-Busch InBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $21,400. a. Compute the break-even number of barrels for the current year. Round to the nearest whole barrel.fill in the blank 1 barrels b. Compute the anticipated break-even number of barrels for the…
- Break-Even Sales Anheuser-Busch InBev SA/NV (BUD) reported the following operating information for a recent year: Sales $5,824,000 Cost of goods sold $1,456,000 Selling, general, and administrative expenses 520,000 Operating income 1,976,000 $3,848,000* *Before special items In addition, assume that Anheuser-Busch InBev sold 52,000 barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 50% of selling, general, and administrative expenses. Assume that the remaining costs are fixed. For the following year, assume that Anheuser-Busch InBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $18,700. a. Compute the break-even number of barrels for the current year. Round to the nearest whole barrel. X barrels b. Compute the anticipated break-even number of barrels for the following year. Round to the nearest whole barrel.…Break-Even Sales Anheuser-Busch InBev SA/NV (BUD) reported the following operating information for a recent year: Sales $4,640,000 Cost of goods sold $1,160,000 Selling, general, and administrative expenses 522,000 1,682,000 Operating income $2,958,000* *Before special items In addition, assume that Anheuser-Busch InBev sold 29,000 barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 50% of selling, general, and administrative expenses. Assume that the remaining costs are fixed. For the following year, assume that Anheuser-Busch InBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $16,500. a. Compute the break-even number of barrels for the current year. Round to the nearest whole barrel.barrels b. Compute the anticipated break-even number of barrels for the following year. Round to…Break-Even Sales Anheuser-Busch InBev SA/NV (BUD) reported the following operating information for a recent year: $5,904,000 Sales Cost of goods sold $1,476,000 Selling, general, and administrative expenses 410,000 Operating income *Before special items 1,886,000 $4,018,000* In addition, assume that Anheuser-Busch InBev sold 41,000 barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 50% of selling, general, and administrative expenses. Assume that the remaining costs are fixed. For the following year, assume that Anheuser-Busch InBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $17,200. a. Compute the break-even number of barrels for the current year. Round to the nearest whole barrel. barrels b. Compute the anticipated break-even number of barrels for the following year. Round to the nearest whole barrel.…
- Anheuser-Busch InBev Companies, Inc., reported the following operating information for a recent year: Sales $11,136,000 Cost of goods sold $2,784,000 Selling, general and administration 1,044,000 $3,828,000 Income from operations $ 7,308,000* *Before special items In addition, assume that Anheuser-Busch InBev sold 58,000 barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 50% of selling, general, and administration expenses. Assume that the remaining costs are fixed. For the following year, assume that Anheuser-Busch InBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $36,500. a. Compute the break-even number of barrels for the current year. Round to the nearest whole barrel.fill in the blank 1 barrels b. Compute the anticipated break-even number of barrels for the following year. Round to…Break-Even Sales Anheuser-Busch InBev Companies, Inc., reported the following operating information for a recent year: Sales $10,912,000 Cost of goods sold $2,728,000 Selling, general and administration 1,116,000 $3,844,000 Income from operations $ 7,068,000* *Before special items In addition, assume that Anheuser-Busch InBev sold 62,000 barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 50% of selling, general, and administration expenses. Assume that the remaining costs are fixed. For the following year, assume that Anheuser-Busch InBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $37,200. a. Compute the break-even number of barrels for the current year. Round to the nearest whole barrel.fill in the blank 1 barrels b. Compute the anticipated break-even number of barrels for the…Determine the amount of sales (units) that would be necessary under Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 105,300 units at a price of $105 per unit during the current year. Its income statement for the current year is as follows: Sales $11,056,500 Cost of goods sold 5,460,000 Gross profit $5,596,500 Expenses: Selling expenses $2,730,000 Administrative expenses 2,730,000 Total expenses 5,460,000 Income from operations $136,500 The division of costs between fixed and variable is as follows: Variable Fixed Cost of goods sold 70% 30% Selling expenses 75% 25% Administrative expenses 50% 50% Management is considering a plant expansion program that will permit an increase of $840,000 in yearly sales. The expansion will increase fixed costs by $84,000, but will not affect the relationship between sales and variable costs. Required: 1. Determine the…
- Break-Even Sales Anheuser-Busch InBev Companies, Inc., reported the following operating information for a recent year: $5,952,000 $1,488,000 372,000 $1,860,000 $ 4,092,000* Sales Cost of goods sold Selling, general and administration Income from operations *Before special items In addition, assume that Anheuser-Busch InBev sold 31,000 barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 50% of selling, general, and administration expenses. Assume that the remaining costs are fixed. For the following year, assume that Anheuser Busch InBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $16,700. a. Compute the break-even number of barrels for the current year. Round to the nearest whole barrel. barrels b. Compute the anticipated break-even number of barrels for the following year. Round to the nearest whole…Determine the amount of sales (units) that would be necessary under Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 83,700 units at a price of $48 per unit during the current year. Its income statement for the current year is as follows: Sales $4,017,600 Cost of goods sold 1,984,000 Gross profit $2,033,600 Expenses: Selling expenses $992,000 Administrative expenses 992,000 Total expenses 1,984,000 Income from operations $49,600 The division of costs between fixed and variable is as follows: Variable Fixed Cost of goods sold 70% 30% Selling expenses 75% 25% Administrative expenses 50% 50% Management is considering a plant expansion program that will permit an increase of $336,000 in yearly sales. The expansion will increase fixed costs by $33,600, but…Determine the amount of sales (units) that would be necessary under Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 83,700 units at a price of $48 per unit during the current year. Its income statement for the current year is as follows: Sales $4,017,600 Cost of goods sold 1,984,000 Gross profit $2,033,600 Expenses: Selling expenses $992,000 Administrative expenses 992,000 Total expenses 1,984,000 Income from operations $49,600 The division of costs between fixed and variable is as follows: Variable Fixed Cost of goods sold 70% 30% Selling expenses 75% 25% Administrative expenses 50% 50% Management is considering a plant expansion program that will permit an increase of $336,000 in yearly sales. The expansion will increase fixed costs by $33,600, but…