A B с D 1 Sanchez & Vukmin, LLP, is a full-service accounting firm located near Chicago, Illinois. Last year, Sanchez provided tax preparation services to 500 clients. Total fixed costs were $265,000 with total variable costs of $180,000. Based on this information, complete this chart. 2 3 No. of clients 400 600 4 Total Costs 5 Fixed Costs 6 Variable Costs 7 Total Costs 8 9 Cost per client 10 Fixed Cost 11 Variable Cost 12 Total cost per client 13 800
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- 11 12 13 14 15 16 17 18 19 20 Instructions 1. DO NOT edit anything else but the color coded cells in the following manner Pick an option from the dropdown Input your answers (link/compute to avoid errors) 2. Use only one of the account titles listed in the dropdown. 3. Make sure your work is formatted correctly as follows - cells with numerical values are right aligned, cells with text is left aligned 4. Use consistent font, font size and font color 5. Numerical values should be formatted as appropriate, for example, dates, percentages and dollars should all be formatted as such 6. Your grade is not only for the accuracy of your accounting work, but also for using formulas, cell references and formatting correctlySanchez & Vukmin, LLP, is a full-service accounting firm located near Chicago, Illinois. Last year, Sanchez provided tax preparation services to 500 clients. Total fixed costs were $265,000 with total variable costs of $180,000. Based on this information, complete this chart.Please answer the following
- Breaksit is a consulting firm providing financial consulting services to its clients. The following information is given relating to its operations: Consultancy fees per client $95 Variable expenses per client $42 Fixed overheads $318,000 The company targets a net income of at least $190,800 for the forthcoming year. REQUIRED: Calculate the number of clients Breaksit must service to generate the target income.Can you assist me with this question please and thank you.R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs for three types of tax returns follow. Fixed costs total $39,680. Variable Cost Type of Return Easy Sales Mix Fee Charged $ 40 100 per Return $ 20 10% Moderate 50% 60 Business 40% 240 140 (1) Determine the weighted-average contribution margin. Sales mix Contribution margin per return Total per unit Easy 10% Moderate 50% Business 40% Weighted-average contribution margin (2) Determine the break-even point in units using the weighted-average contribution margin. Numerator: Denominator: Break Even Units = Break even units %3D (3) Determine the number of units of each product that will be sold at the break-even point. Sales mix Number of units to break even. Units sales at the break-even point Easy Moderate Business
- ces R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs for three types of tax returns follow. Fixed costs total $48,640. Type of Return Sales Mix Fee Charged Easy 30% $ 70 Moderate 50% 170 Business 20% 410 Variable Cost per Return (1) Determine the weighted-average contribution margin. Easy Moderate Business $ 40 100 250 Sales mix Contribution margin per return Total per unit + 30% 50% 20% Weighted-average contribution margin (2) Determine the break-even point in units using the weighted-average contribution margin. Numerator: Denominator: (3) Determine the number of units of each product that will be sold at the break-even point. Number of units to break even. Sales mix Easy Moderate Business Break Even Units Break even units Units sales at the break-even pointJamie Hopen, CPA, prepares tax returns. The production costs and the number of tax returns prepared for the month of September are as follows: Direct materials $ 200 CPA staff salaries 4,000 Overhead 1,800 Total $6,000 Number of tax returns 300What is the unit cost per tax return? a.$20.00 b.$0.67 c.$3.33 d.$15.00R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees andcosts of three types of tax returns follow. R&R provides services in the ratio of 5:3:2 (easy, moderate,business). Fixed costs total $18,000 for the tax season. Use this information to determine the (1) sellingprice per composite unit, (2) variable costs per composite unit, (3) break-even point in composite units,and (4) number of units of each product that will be sold at the break-even point.Type of Return Fee Charged Variable Cost per ReturnEasy (Form 1040EZ) . . . . . . . . . . . . . . $ 50 $ 30Moderate (Form 1040) . . . . . . . . . . . . 125 75Business . . . . . . . . . . . . . . . . . . . . . . . . 275 100
- Jamie Hopen, CPA, prepares tax returns. The production costs and the number of tax returns prepared for the month of September are as follows: Direct materials $ 200 CPA staff salaries 4,000 Overhead 1,800 Total $6,000 Number of tax returns 300What is the cost of services sold? a.$4,000 b.$200 c.$6,000 d.$1,800K Alten Tax Services prepares tax returns for senior citizens. The standard in terms of (direct labor) time spent on each retum is 2 hours. The direct labor standard wage rate at the firm is $12.50 per hour Last month, 1,190 direct labor hours were used to prepare 600 tax returns Total wages were $17.255 Read the requirements Cuf) Requirement 1. What is the actual (direct labor) wage rate per hour paid last month? (Round your answer to the nearest cent) The actual (direct labor) wage rate per hour paid last month isNote:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure