6. The sales and profit for two years are as below: Sales Profit Sales Profit 2002 150000 20000 2003 170000 25000 Calculate: (a) P/V ratio, (b) B.E.P. (e) Sales required to earn a profit of OMR 40000. (d) Margin of safely at a profit of OMR 125000 (e) Profit when sales are OMR 180000. (G) Variable costs of the two years

6. The sales and profit for two years are as below: Sales Profit Sales Profit 2002 150000 20000 2003 170000 25000 Calculate: (a) P/V ratio, (b) B.E.P. (e) Sales required to earn a profit of OMR 40000. (d) Margin of safely at a profit of OMR 125000 (e) Profit when sales are OMR 180000. (G) Variable costs of the two years

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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Question 3: Sohar Company's financial information is given in the table below. Sales (OMR) Fixed Costs 405000 Year Variable Costs 2019 90000 225000 2020 450000 120000 240000 Calculate: a) PV ratio, b) B.E.P in units and Sales c) Sales required to earn a profit of OMR 40000.Each year is separate, you should calculate the required values for both years. d) Margin of safety at a profit of OMR 50000 e) Profit when sales are OMR. 200000.
If the sales this year amounted to P500,00O, sales this year at last year's prices is P460,000. The cost of sales this year is P300,000, and the cost of sales this year at last year's price is P260,000. How much is the gross profit variation due to sales price factor?
If the sales this year amounted to P500,000, sales this year at last year's prices is P460,000, the cost of sales this year is P300,000, and the cost of sales this year at last year's price is P260,000. How much is the gross profit variation due to sales price factor? Kindly show the solution.
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Question 2: Muscat Company has the following information. OMR Fixed Cost 8750 Break even Sales 16000 a) PV Ratio b) Profit when sales are 20000 c) New BE point if selling price is reduced by %25 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: a) P/V ratio, b) В.Е.Р. c) Sales required to earn a profit of OMR 40000. d) Margin of safety at a profit of OMR 50000 e) Profit when sales are OMR. 200000.
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