!Required information[The following information applies to the questions displayed below.]Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variableand fixed costs.UnitsMonth Units Sold Total Cost Month Units Sold17289101112Total3456319,000164,000264,000204,000289,000189,000$$156,500100,250204,600(a)99,000200,500111,0002. Predict future total costs when sales volume is (a) 378,000 units and (b) 418,000 units.Predictions378,0000 $(b)418,000361,000269,000076,200149,00093,00099,000Total Cost$285,296150,75066,000129,62593,00082,650

Variable cost means the cost which vary with the level of output where as fixed cost remains fixed…

Answered: D Required information [The following…

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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es ! Required information [The following information applies to the questions displayed below.] Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month Units Sold Total Cost Month Units Sold 1 321,000 $ 158,500 7 359,000 Total Cost $ 270,736 2 166,000 102,250 8 271,000 152,750 3 266,000 206,600 9 75,800 64,000 4 206,000 101,000 10 151,000 131,625 5 291,000 6 191,000 202,500 113,000 11 95,000 95,000 12 101,000 80,650 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit Total variable costs at the low point Total fixed costs High-Low…
A company has following details for this yearDetails Total sales($) Total cost($) Details Total sales($) Total cost($)Year ended 31/12/2018 35,78,998 25,89,709Year ended 31/12/2019 48,90,742 31,67,984 Calculate P/V ratio, Fixed cost, break even sales, Margin of safety 2018/2019, Variable cost 2018/2019and percent of fixed cost 2018/2019
Question 1: Salalah Company has the financial information given in the table for the year ended on 31 December 2020. Calculate the following a) Break-even point (in units and amount) b) PV ratio e) Margin of Safety (as amount and as percentage) OMR Sales (actual) 800,000 450,000| Total fixed cost Selling price per unit 275 Variable cost per unit 125
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Sohar Company’s financial information is given in the table below. Year Sales (OMR) Fixed Costs Variable Costs 2019 405000 90000 225000 2020 450000 120000 240000 Calculate: P/V ratio, E.P. Sales required to earn a profit of OMR 40000. Margin of safety at a profit of OMR 50000 Profit when sales are OMR. 200000.

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