Reli Company produced 10,000 units of their famous chocolate biscuits. The production incurred a total fixed cost of Php15,000 with a variable cost amounting to Php5. The new selling price of the biscuit is Php10. Compute for the break-even point in units. (А) 30 (в) 3,000 c) 30,000 D) 300,000
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- Camille forecasts to sell 575 units of the perfume she is selling by the first week of December. At the end of the 1st week of December, she was able to disposed 500 perfumes at Php150 each. Of these 500 units, she gave a total of 20 giveaways. The total cost for each perfume is Php120. Determine Camille’s net sales volume. * a. 75 b. 480 c. 500 d. 20 2. The amount of your product that you will need to produce and sell to cover total costs of production. * a. Break even sales volume b. Sales volume percentage c. Sales volume13. lina sold all 10 t-shirts for 1,500 pesos. suppose she added 50 pesos as mark up price for every t-shirt. how much was the cost for every t-shirt sold? a.P80 b. P90 c.P100 d.P110Franklin Company makes fine jewelry that it sells to department stores throughout the United States. Franklin is trying to decide which of the two bracelets to manufacture. Cost data pertaining to the two choices follow. Bracelet A Bracelet B Cost of materials per unit Cost of labor per unit Advertising cost per year Annual depreciation on existing equipment %24 30 37 43 43 8,800 6,500 7,700 5,900 Required a. Identify the fixed costs and determine the amount of fixed cost for each product. b. Identify the variable costs and determine the amount of variable cost per unit for each product. c. Identify the avoidable costs and determine the amount of avoidable cost for each product.
- waldo needs to decide how many copies of a new hardcover release to purchase for its shelves. The store has assumed that demand will be 50, 100, 150, or 200 copies next month and they need to decide whether to order 50, 100, 150 or 200 books for this period. Each book costs Waldo PhP50 and can be sold for PhP85. Waldo can sell any unsold books back to their supplier for PhP15. a. Formulate the payoff table. b. Determine the best decision and payoff is maximin and equally likely criteria are used. Answers in figure only without comma or units. If there are more than 2 answers, put an NA to excess brackets. Maximin: Decision: Order Blank 17 Payoff = Blank 18 Equally Likely: Decision: Order Blank 19, Blank 20, Blank 21 Payoff = Blank 22 c. If the coefficient of pessimism is 0.4, determine the best decision and payoff using Hurwicz criterion. Answers in figure only without comma or units. Hurwicz: Decision: Order Blank 23 Payoff= Blank 24Kamal Fatehl production manager of Kennesaw Manufacturing, finds his profit at $22,400 (as shown in the statement below) inadequate for expanding his business. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Kamal would like to improve profit line to $32,400 so he can obtain the bank's approval for the loan. % of sales Sales 280,000 100% Cost of supply chain purchases 201,600 72% Other production costs 28,000 10% Fixed costs 28,000 10% Profit 22,400 8% Part 2 a) What percentage…Reli Company produced 10,000 units of their famous chocolate biscuits. The production incurred a total fixed cost of Php15,000 with a variable cost amounting to Php5. The new selling price of the biscuit is Php10. Compute for the Contribution Margin Ratio. (A) 0.05 (B) 50 C) 5 (D) 0.5
- Davidson Corp. produces a single product: fireproof safety deposit boxes for home use. The budgetgoing into the current year anticipated a selling price of $55 per unit. Because of competitive pressures, the company had to cut selling prices by 10% during the year. Budgeted variable costs per unitare $32, and budgeted total fixed costs are $156,000 for the year. Anticipated sales volume for theyear was 10,000 units. Actual sales volume was 5% less than budget. (1) What was the sales pricevariance for the year? (Round your answer to the nearest whole dollar.) (2) Label this variance F(favorable) or U (unfavorable), as appropriate46 The selling price of a product is OMR 2,000, mark-up is 15%. Calculate the cost price of the product. a. OMR 1,700.87 b. OMR 1,739.13 c. None of these d. OMR 2,300Durant Co. manufactures glass bottles for dairy products. The contribution margin is $0.10 perbottle. Durant just received notification that one of its orders for 100,000 bottles contained misprintedlabels and thus had to recall and reprint the bottle labels. If it will cost $0.05 per bottle to reprint thelabels and $1,000 to reship the bottles, what will the net contribution margin be after the recall?
- 33. During a move to a new location, the inventory records of 98 Degrees were misplaced. The bookkeeper has been able to gather some data for the July purchases: Units Unit cost Total cost July 5 10,000 65 650,000 10 12,000 70 840,000 15 15,000 60 900,000 25 14,000 55 770,000 On July 31, 17,000 units were on hand. The sales for July amounted to P6,000,000 or 60,000 units at P100 per unit. The entity always used a perpetual FIFO inventory costing system. Gross profit on sales for July was P2,400,000. What was the cost of the inventory on July 1?34. Thug Life Company provided the following information at year-end: Cost Retail Inventory, January 1 700,000 1,100,000 Purchases 4,200,000 5,700,000 Additional markup 200,000 Markdown 100,000 Sales 5,400,000 Under the approximate lower of average cost or NRV…(c) A company manufactures a product that is used in-house and has commercial applications with an annual fixed cost of RM10,000. The direct labour is RM3.50 per unit, and the material cost is RM4.50 per unit. The selling price targeted RM12.50 per unit and will be marked up for 5-10 per cent. Choose ONE (1) in percentage mark up value in the range and calculate the breakeven point. OPEN- ENDED C3A suburban retail property in Arlington, Virginia with 60,000 square feet and 600 surface parking spaces was purchased for $6,000,000 at a cap rate of 6.0% with a 60% LTV interest-only loan at a 6% annual interest rate. If after six years the property appreciated by 60%, what would be the amount of the owner’s equity in the property at that time? a. $6,000,000 b. $2,400,000 c. $3,600,000 d. $9,600,000