Question 18 Omni Co. Manufactures I Phones. The selling price per unit is $240, the variable cost ratio is 65% and fixed costs are $40,000. Omni is currently selling 600 units during the month of January.2. For next month, Omni is planning to increase its advertising budget by $9,000, which is expected to increase monthly sales by $30,000. Calculate the expected operating income for next month

Question 18 Omni Co. Manufactures I Phones. The selling price per unit is $240, the variable cost ratio is 65% and fixed costs are $40,000. Omni is currently selling 600 units during the month of January.2. For next month, Omni is planning to increase its advertising budget by $9,000, which is expected to increase monthly sales by $30,000. Calculate the expected operating income for next month

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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Profitability Analysis Razerian makes production for audio. A total of 500 hours in January 2021 is available per month in this operation beause they face COVID 19, so they must decrease their productive hours. Data concerning the company’s four products appear below: Headphone Earbuds Speaker Bluetooth Home theather Monthly demand in units 80 120 100 140 Hours required in operation per unit 0.6 1.8 0.4 2.5 Unit contribution margin $12 $36 $8 $50 Variable Expenses $8 $20 $5 $30 No fixed costs could be avoided by modifying how many units are produced of any product or even by dropping any one of the products. Question: Within this month, calculate the contribution margin and what should Razerian do if they want to get optimum margin?
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question 2
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Using least square method, compute for the annual electricity cost if the machine hours use has a monthly average of 70.00 Amber Company manufacture laptops, preparing the next year budget the accountant complied these data. Month Machine Hours Electricity Cost Jan 80.00 2,330.40 Feb 70.00 2,226.60 Mar 65.00 2,174.70 Apr 60.00 2,122.80 May 60.00 2,122.80 Jun 35.00 1,863.30 Jul 70.00 2,226.60 Aug 86.00 2,392.68 Sep 37.00 1,884.06 Oct 50.00 2,019.00 Nov 96.00 2,496.48 Dec 100.00 2,538.00 10.38 1,500 10,219.20 2,226.60
Expected annual demand for Galaxy jerseys 14,000 Ordering cost per purchase order $112 Carrying cost per year $10 per jersey Each jersey costs PS $35 and sells for $70. The $10 carrying cost per jersey per year consists of the required return on investment of $5.95 (17% × $35 purchase price) plus $4.05 in relevant insurance, handling, and storage costs. The purchasing lead time is 5 days. PS is open 365 days a year. Requirement 1. Calculate the EOQ. Begin by selecting the formula used to calculate EOQ. (D=Demand in units for one year, P=Ordering cost per purchase order, C=Carrying cost of one unit in stock, Q=Any order quantity.) ModifyingAbove EOQ equals StartRoot StartFraction 2 DP Over Upper C EndFraction EndRoot With Subscript EOQ=2DPC Part 2 (Round your answer to the nearest whole number.) The EOQ is jerseys.
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