Bintang corp. For the 20x9 fiscal year, it plans to produce and sell 500,000 units of product X. The budget for the year is as follows: - variable cost $650,000,000 - fixed cost $350,000,000 It is estimated that in the fiscal year the total assets to be used in the business are $500,000,000 The expected profit in the fiscal year is 25% of the total assets to be used. Question: 1. how many BEP (unit) if the company able to sell 500,000 unit in that fiscal year? 2. If the company is only able to sell 450,000 units in that fiscal year, what is the profit or loss?
Bintang corp. For the 20x9 fiscal year, it plans to produce and sell 500,000 units of product X. The budget for the year is as follows: - variable cost $650,000,000 - fixed cost $350,000,000 It is estimated that in the fiscal year the total assets to be used in the business are $500,000,000 The expected profit in the fiscal year is 25% of the total assets to be used. Question: 1. how many BEP (unit) if the company able to sell 500,000 unit in that fiscal year? 2. If the company is only able to sell 450,000 units in that fiscal year, what is the profit or loss?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
100%
Bintang corp. For the 20x9 fiscal year, it plans to produce and sell 500,000 units of product X. The budget for the year is as follows:
- variable cost $650,000,000
- fixed cost $350,000,000
It is estimated that in the fiscal year the total assets to be used in the business are $500,000,000 The expected profit in the fiscal year is 25% of the total assets to be used.
Question:
1. how many BEP (unit) if the company able to sell 500,000 unit in that fiscal year?
2. If the company is only able to sell 450,000 units in that fiscal year, what is the profit or loss?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education