Danisa has fixed expenses of R2 800 per month. He spends R18,53 to manufacture an item.b) Calculate a selling price based on the percentage mark-up of 15% on your cost price in a).What is his cost price per unit when he produces 100 units? Show your calculations.Classwork activity 3.2a)Round the answer up to the next R5.c) Copy and complete the table.46.53 peRUNILS250Total sold1001050Fixed expenses(R)2 800,00Variable expenses (R)Total expenditure (R)Income(R)Profit(R)d) (i) On the same set of labelled axes, draw the expenditure and income graphs.(ii) What does the point of intersection of the two graphs represent?(iii) Write down the approximate number of units sold at the point of intersection.Elana has monthly fixed expenses of R8 730,00.er variable costs to deliver a service is R93,16.Calculate the cost price per unit if she services 50 customers.Show your calculations.Calculate a selling price based on a percentage mark-up of 25%.Round the answer up to the next R10

Since we answer three subparts, we will answer the first three subparts. Please resubmit the…

b) Calculate a selling price based on the percentage mark-up of 15% on your cost price in a). Danisa has fixed expenses of R2 800 per month. He spends R18,53 to manufacture an item. a) What is his cost price per unit when he produces 100 units? Show your calculations. activity 3.2 Round the answer up to the next R5. c) Copy and complete the table. 46.53 pe2 UNiLS Total sold 250 10 50 100 Fixed expenses (R) 2 800,00

b) Calculate a selling price based on the percentage mark-up of 15% on your cost price in a). Danisa has fixed expenses of R2 800 per month. He spends R18,53 to manufacture an item. a) What is his cost price per unit when he produces 100 units? Show your calculations. activity 3.2 Round the answer up to the next R5. c) Copy and complete the table. 46.53 pe2 UNiLS Total sold 250 10 50 100 Fixed expenses (R) 2 800,00

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

Please answer the last three items
Sandhill Company produces a molded briefcase that is distributed to luggage stores. The following operating data for the current year has been accumulated for planning purposes. $41.17 Sales price Variable cost of goods sold Variable selling expenses Variable administrative expenses 13.17 11.77 4.17 Annual fixed expenses $15,600,000 Overhead Selling expenses 3,100,000 6,500,000 Administrative expenses Sandhill can produce 3,000,000 cases a year. The projected net income for the coming year is expected to be $3,600,000. Sandhill is subject to a 40% income tax rate. During the planning sessions, Sandhill's managers have been reviewing costs and expenses. They estimate that the company's variable cost of goods sold will increase 15% in the coming year and that fixed administrative expenses will increase by $300,000. All other costs and expenses are expected to remain the same.
Solve it correctly please
62
Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $6.50, and each clock sells for $16.00. Required: Calculate Red Hawk's unit contribution margin. Calculate Red Hawk's contribution margin ratio. Suppose Red Hawk sells 2,050 clocks this year. Calculate the total contribution margin. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Suppose Red Hawk sells 2,050 clocks this year. Calculate the total contribution margin. Note: Round your answers to 2 decimal places.
Q4: Company XYZ has a choice of two machines to purchase. They both make the same product which sells for 20$. Machine A has FC of 8000$ and per unit cost of 6$. Machine B has FC of 20000$ and per .unit cost of 2$. Under what conditions would you select machine A
Hello tutor please provide Solutions
Good morning, Please answer questions Patsy Smith is planning to sell her special knife for $15 per unit. She purchases units from alocal distributor for $6 each. She can return any unsold units for a full refund. Fixed costs forbooth rental, including lighting and security is $4500.Requireda) Compute the breakeven point in units sold. b) Suppose the unit purchased is $5 instead of $6, the fixed cost increases by $500, butthe selling price is unchanged. Compute the new breakeven point in units sold. c) Using the above data, explain how cost behaviour affects Patsy Smith’s decisionmaking?
How do I complete the table on question 2.2 ?
Tyler purchased dress shirts to sell in her clothing store that has overhead expenses equal to 12.00% of costs. To make a profit of 13.00% of the cost, she sells them at a regular price of $65.00 each. a. What rate of markdown is required to sell the shirts at break-even? % Round to two decimal places b. What rate of markdown is required to sell the shirts at cost? %
Acme Inc. manufactures and sells widgets. Acme Inc. sells widgets for $15 each. Acme Inc. uses 3 gizmos for each widget. Gizmos cost $2 each. In December, Acme sold 300 widgets. Acme also pays rent of $500 per month. please show work. A.) What is Acme Inc.'s contribution margin per unit? B.) What is Acme Inc.'s contirbution margin ratio? C.) Assuming the about information is all revenue and expenses for scme, what is December's net income? D.) Determine the fixed cost give the following information: Lowest level of activity- 200 units at a total cost of $600 Highest level of activity- 800 units at a total cost of $1,800 Fixed cost =
E5-17 (Algo) Determining Cost Behavior, Preparing Contribution Margin Income Statement [LO 5-1, 5-5) Riverside Incorporated makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Required 1 Required 3 Variable costs Fixed costs 515 $ 72,615 149,300 $ 221,915 Number of Canoes Produced and Sold Total costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $505 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 865 canoes. Complete the contribution margin income statement for the company. Required 4 Total cost per unit 7 7 Complete the table. Note: Round your cost per unit answers to 2 decimal places. $ $ 665 $ 7 515 72,615 149,300 221,915 $ 815 0.00…