Answered: An industry is selling a product for… | bartleby

FINANCIAL ACCOUNTING

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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An industry is selling a product for Rs. 10 per unit. The fixed cost for assets is Rs. 40000 with
variable cost of Rs. 6 per unit. How many units should be produced to break even?
put of
O a. OMR12000
O b. None of the options
question
O c. OMR14000
O d. OMŘ10000
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Company XYZ produces and sells wireless earphones. The selling price per unit is $5 and the total fixed costs are $20,000. Assuming a variable cost ratio of 70%, what is the breakeven point in ($) value? (round figures to the nearest number) O a. 66,667 O b. None of the given answers: O c. 40,000 O d. 33,333 O e. 50,000 US PAGE NEXT PAGE
Q.8 A company has a process that results in 31000 pounds of product A…
(5) Stryker Industries received an offer from an exporter for 24,000 units of product at $17 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $21 Unit manufacturing costs: Variable 10 Fixed 3 What is the differential cost from the acceptance of the offer? a.$408,000 b.$240,000 c.$504,000 d.$72,000
33. Use this information for Stryker Industries to answer the question that follow. Stryker Industries received an offer from an exporter for 25,000 units of product at $17 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $22 Unit manufacturing costs: Variable 10 Fixed 6 What is the differential cost from the acceptance of the offer? a.$425,000 b.$550,000 c.$250,000 d.$150,000
None
Variable costs of Spring Roll LtD are 2000 €, fixed costs are 1000 € and revenue is 7000 € Therefore, the break even point in euros is: a) 1400,60 €, b) 2801,12 €, c) 1750,09 €, d) none of the choices is correct 1400,60 € 2801,12 € 1750,09€ none of the choices is correct
Calculate the profitability of the following proposal using Average rate of return (ARR) method Proposal I Automatic machine Cost OMR 320000 Estimated life 6.5 years Estimated sales P.A160000 Cost : Material OMR 60000 Labour OMR 22000 Variable overheads OMR 14000 O a. All the options are wrong Оь. 16.53% О С.3.42% O d. 4.62%
17-Assume that in one of the written test of your interview, the following question has been asked. If the breakeven point OMR 40,000, Profit OMR 2000 and fixed cost OMR 8000.What will be the amount of variable cost? Being the interviewee how will you answer this question ? a. OMR 32000 b. OMR42000 c. OMR 50000 d. OMR 40000
1. The current sales price is R35 per unit, the variable cost is R23 per unit and the fixed cost amount is R50 000. If the price increased by R3 and all other cost remain in unchanged, the break-even point will do? 2. The fixed cost of Big and San limited were R45000, it's variable cost were R80000, and it's sales were R140000 with the units of 10000. what is the company's break-even point in Rands? 3. The firm's fixed cost is R140000 and they sold 500 units at R120 each. The total variables costs amount to R25000. Calculate the income or loss of the firm.
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.
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 New BE point if selling price is reduced by %25
X The figure below shows graphs of the fixed cost function, total cost function and the total revenue function for a certain commodity. 20 8000+ 7000 6000 5000 4000 Dollars ($) 3000- 2000 1000 -10 -1000+ 10 20 30 (a) What is the break-even point? (295,7650) (b) What are the fixed costs? $ Percent of capacity= 40 Units Next Question 50 TR If the selling price per unit is $90, and the variable cost per unit is $20: TC FC 60 70 80 90 100 (c) If the maximum production capacity of the commodity is 110, express the break- even units as a percent of capacity? enter the answer in the form (x,y) e.g. % (round to two decimal places if necessary)

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