BLACKSTONE PHOTOGRAPHY HAS A UNIQUE PRICING MODEL: FIRST HOUR - $175 STUDIO EACH ADDITIONAL HOUR - PREVIOUS HOUR RATE MINUS $25 CALCULATE A 4-HOUR SESSION COST FOR THIS COST ACCOUNTING PROBLEM.
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PHOTOGRAPHY
HAS A UNIQUE PRICING MODEL:
FIRST HOUR - $175
STUDIO
EACH ADDITIONAL HOUR
-
PREVIOUS
HOUR RATE MINUS $25
CALCULATE A 4-HOUR SESSION COST FOR
THIS COST ACCOUNTING PROBLEM."
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- Fill in the blanks for each of the following independent cases. (Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) Variable Fixed Costs Costs Case Revenues a. $ Data table Case 400 Case a. Case b. Case c. Case d. $ 2,900 $ $ $ Total Costs 1,000 $ 1,800 Variable Fixed Total Revenues Costs Costs Costs 600 $ 400 Operating Income 800 Print $ 200 1,400 $ 200 $ Margin Percentage Contribution $ 1,000 600 $ $ Done % Operating Income 1,400 1,300 Contribution Margin Percentage 50% XDownload and fill out the Section 5 Comprehensive Problem Template attached below to complete the problems (ignore question 5-2 as this applies to the "combined accounting and finance" course). Problem 5-1 Redlands Inc. sells one product for $5. The variable cost per item is $3, and the fixed costs for the firm are $40. Required: a. Compute the breakeven point in units. b. Compute the number of units and sales revenue needed to achieve a $20 profit. (Ignore income taxes.) c. Assume that the income tax rate for Redlands is 40%. Compute the number of units and sales revenue needed to achieve an $18 net profit. d. Compute the number of units and sales revenue needed to achieve an 8% profit margin. (Ignore income taxes.) e. Compute the number of units and sales revenue needed to achieve a 12% net profit margin. (Assume a 40% income tax rate.) f. Assume that Redlands currently sells 40 units. Redlands estimates that if it increased sales price to $6 per unit demand would decrease by…How do I create an Excel sheet for these data sets??
- Harbor Images has collected the following cost data for various levels of activity: Images Created Total Cost $5,700 $6,320 $9,210 $5,250 Month 6,000 7,750 8,100 4,500 August September October November a. Using the high-low method, determine the variable cost per image created and the total fixed cost. (Round your variable cost to 2 decimal places.) Variable Cost Per Image Fixed Cost Per Month b. Estimate the total costs when 6,500 images are created. (Do not round your intermediate calculations.) Total CostsTwo questions can you help !please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) Exhibit 1: Assumptions (Both Products) Product #1: Launch-it Sales price per unit $ 10.00 Variable costs per unit: $ 4.00 Monthly volume 240 Product #2: Treat-time Sales price per unit $ 30.00 Variable costs per unit: $ 14.00 Monthly volume 160 Total fixed costs per month $ 1,500.00 Target profit per month $ 8,000.00 Margin of Safety (in $) Margin of Safety % Degree of Operating Leverage Expected % change in operating income (%)
- If the indirect costs for each duration are $300 for 27 weeks, $240 for 26 weeks, $180 for 25 weeks, $120 for 24 weeks, $60 for 23 wowowo (weeks, and $50 for 22 weeks, compute the direct, indirect, and total costs for each duration. What is the optimum cost-time INCONDUGULILE T DONDO schedule? waiting thalin www.tomamilionima Ellenton Act. = m ---- B Crash Cost (Slope) 80 30 40 50 100 30 Maximum Crash Time Normal Time 23124= 10 855560 15 Normal Cost 40 10 80 51 50 TUT 100 20 $300 Time unit 1 wookA training company runs courses for students that vary in length between one day and four weeks. The size of classes varies between 5 students and 40 students. The company wants to set a price for its courses based on a mark-up on cost. What would be the most appropriate basis for measuring costs? Question 2 options: 1) Cost per student per day 2) Cost per course 3) Cost per student 4) Cost per dayHello tutor please given correct answer general Accounting
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