1. How much will be contributed to profit before taxes by the 1,021st unit sold? The following information pertains to ABC Company's cost-volume-profit relationships:Break-even point in units sold1,000Variable costs per unit500Total fixed costs150,000

Breakeven units means sales revenue at which business is not earning any profit or loss and it is…

Answered: 1. How much will be contributed to…

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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The following data refer to cost-volume-profit relationship of Albert Co. Break-even point in units 1,000 Variable cost per unit P250 Total fixed cost P75,000 How much will be contributed to operating income by the 1,001ˢᵗ unit sold?
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?
How much will be contributed to profit before taxes by the 1,021st unit sold?
Lamp Company has the following cost-volume-profit (CVP) data: Breakeven point, in units 3,000 Selling price per unit $ 600 Total fixed costs $ 124,000 What is the variable cost per unit (rounded to two decimal places)?
II. George Corporation has the following information for the current year: Selling price per unit Variable costs per unit Fixed costs Required: Prepare a cost-volume-profit graph identifying the following items: Total fixed costs line Total variable costs line Total costs line Total revenues line Breakeven point in sales dollars Breakeven point in units A. B. C. D. E. F. G. H. Dollars (S) Profit area Loss area 6,000 5,000 4,000 3,000 2,000 1,000 S 10.00 6.00 S $1,000.00 0 100 200 300 400 Qty (# Units) 500
Matamad Inc. Provides you with the following data on its operation for analysis:Unit selling priceP40Variable costs and expenses per unit.P30Fixed cost and expenses per annum.P48,000REQUIRED:a. Contribution margin per unitb. Contribution margin percentagec. BEP sales volume (units)d. BEP peso salese. Peso sales with desired income of P9,000f. Peso sales with desired income P13,000 after 32% income tax
The table below summarizes key components of a contribution margin income statement. Fill in the missing values. Alpha Ltd. Sales??? Variable costs 300,000 Contribution margin ? ? ? Fixed costs 94, 000 Operating income (loss) 214,000
Tom Company reports the following data: Sales Variable costs Fixed costs Determine Tom Company's operating leverage. Round your answer to one decimal place. $156,332 81,532 30,800
In the cost-volume- profit graph (above), what is represented by the point marked "B"? Question 2 options: Breakeven point Fixed expenses Operating income area Operating loss area
In the cost-volume- profit graph (above), what is represented by the point marked "A"? Question 1 options: Breakeven point Fixed expenses Operating income area Operating loss area
The following information is for Alex Corp: Product X: Revenue Variable Cost Product Y: Revenue Variable Cost Total fixed costs $12.00 $4.50 $25.00 $10.00 $40,500 What is the operating income, assuming actual sales total 120,000 units, and the sales mix is two units of Product X and one unit of Product Y? 1,960,000 1,240,500 1,200,000 1,159,500
Skeeter Systems uses the following data in its Cost-Volume-Profit analyses: Sales Variable expenses Contribution margin Fixed expenses Net operating income O $80,000 What is total contribution margin if sales volume increases by 20%? O $158,400 O $200,000 Total $ 400,000 280,000 120,000 100,000 O $144,000 $ 20,000

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