Please provide the answers for the letter d and e and also do provide solutions as possible. Thank you so much! Straight Problem 2: TARGET SALES with ProfitGOLD Corporation presently sells product SILVER with the following related data:Unit contribution marginVariable cost ratioP4060%Total fixed costsP400,000Required: What would be the sales in pesos and in units if:a. Income before income tax is P200,000b. Income after tax of 40% is P150,000c. Profit rate before tax is 20% of salesd. Unit profit margin before tax is P8Profit rate before tax is 10% of CMRе.

Sales refer to the transaction by which goods or services are provided to the consumer. The amount…

Straight Problem 2: TARGET SALES with Profit GOLD Corporation presently sells product SILVER with the following related data: Unit contribution margin Variable cost ratio Total fixed costs P40 60% P400,000 Required: What would be the sales in pesos and in units if: a. Income before income tax is P200,000 b. Income after tax of 40% is P150,000 Profit rate before tax is 20% of sales d. Unit profit margin before tax is P8 Profit rate before tax is 10% of CMR c. е.

Straight Problem 2: TARGET SALES with Profit GOLD Corporation presently sells product SILVER with the following related data: Unit contribution margin Variable cost ratio Total fixed costs P40 60% P400,000 Required: What would be the sales in pesos and in units if: a. Income before income tax is P200,000 b. Income after tax of 40% is P150,000 Profit rate before tax is 20% of sales d. Unit profit margin before tax is P8 Profit rate before tax is 10% of CMR c. е.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Net Income Planning Nolden Company has charged a selling price of $24 per unit, incurred variable costs of $15 per unit, and total fixed costs of $108,000. What unit sales volume is necessary to earn the following related amounts of net income before income tax? a. $18,000; b. $27,000; or c. equal to 20% of sales revenue. Round UP answers to the nearest unit, when applicable. (a) 0 (b) (C) 0 0 units units units
Zachia Ltd provides the following data regarding its four product lines: Product Sales mix Weighted average contribution margin per unit (WACMU) Fixed costs Desired profit after tax w Y 60 20 15 $13.7 $71,000 $33,950 The corporate tax rate is 30% Required Calculate the number of units of Product X that must be sold in order to achieve the desired after-tax profit?
Suppose the marginal cost and marginal revenue (in ¢000) for a product produced by a company is estimated to be MC=q+35 MR=560+22q-q^2 Where q is the quantity produced and the firm’s break-even is 5 units per week You are Required to I. determine the total cost and the total revenue function in terms of q. II. estimate the output at which profit is maximize III. calculate the maximum profit
Sales Price = P200Variable Cost Ratio = 40%Total Contribution Margin = P3,600,000Net profit ratio = 5%*Ignore tax implicationsUsing the following information, compute for the following:A. Total sales B. Variable cost per unit C. Contribution margin ratio D. Units sold E. Total fixed cost F. Break-even in volume G. Margin of safety H. Margin of safety ratio I. Total ExpensesJ. Total Profit
godo subject-Accounting The following information pertains to Venus Company's cost-volume-profit relationships: Break-even point in units sold = 1,000; Variable costs per unit = GHC500; Total fixed costs = GH¢150,000. How much will be contributed to profit before taxes by the 1,001st unit sold?
Sales Price = P200Variable Cost Ratio = 40%Total Contribution Margin = P3,600,000Net profit ratio = 5%*Ignore tax implicationsUsing the following information, compute for the following:E. Total fixed cost F. Break-even in volume G. Margin of safety H. Margin of safety ratio I. Total ExpensesJ. Total Profit
Question 3: Oman Company's financial information is given in the table below. Year Sales (OMR) Fixed Costs 445000 Variable Costs : 2020 105000 245000 2021 500000 150000 280000 You are required to calculate the following values for each year. The years are independent of each other. a) P/V ratio, b) В.Е.P. c) Sales required to earn a profit of OMR 45000. d) Margin of safety at a profit of OMR 50000 e) Profit when sales are OMR. 300000.
A certain company sells its product at (45 – 0.08x) pesos per unit. Variable cost per unit is P 25 while fixed cost is P 1,200. a. Find the break-even quantity and revenue b. Find the maximum point c. Find the profit at a sale of 120 units.
Multiproduct breakeven analysis and target profit, taxes Pursuit Company produces two products: Bric and Brac. The following table summarizes the products' details and planned unit sales for the upcoming period: Bric BrAc Sellingpriceperunt...........$S25$30 Variablecostperunit ... $14$17 Planned unit sales volume . . . . . . 800, 000 400,000 Pursuit Company has total fixed costs of $10 million and faces a tax rate of 30%. Required (a)What is Pursuit Company's expected profit at the planned level of sales? (b)Assuming a constant sales mix, what are the unit sales of Bric and Brac required for Pursuit Company to break even? (c) Assuming a constant sales mix, what are the unit sales of Bric and Brac required for Pursuit Company to earn an after-tax income of $910, 000 ?
Q4. You are given the following data relating to Moynamoti Ltd.: Normal Sales Level (At 100%) 20,000 units; Selling Price Tk.50.00 per unit; Variable Cost Tk.30.00 per unit; Fixed Cost Tk.2,00,000; Tax Rate 40%. Additional Fixed Cost of Tk.40,000 would be required if production exceeds 15% of normal level and in that case Variable Cost would be reduced by Tk.5.00 per unit. Required: a) Calculate BEP in units and in amount at 100% and 120% production levels; b) Prepare Income Statements by analyzing Sales Sensitivity at +/- 10%, 100%, and +/- 20% of normal sales level.
Question 3: 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.
REQUIRED Use the information given below to calculate each of the following independently: 3.1 Expected total Marginal Income and Net Profit/Loss 3.2 3.3 3.4 3.5 Margin of safety (as a percentage; expressed to two decimal places) Break-even quantity if the selling price drops by 10% Break-even value using the marginal income ratio, if the company spends an additional R435 200 on salaries Selling price per unit that will enable the company to achieve a net profit of R1 500 000 INFORMATION Slumber Limited manufactures beds. The following information was extracted from the budget for 2024: Expected production and sales (units) Selling price per bed Direct materials cost per bed Direct labour cost per bed Variable manufacturing overheads cost per bed Fixed manufacturing overheads cost Sales commission (as a percentage of the selling price) Fixed administrative and selling costs 1 200 R6 000 R1 700 R860 R320 R1 084 800 20% R720 000