Calculate the missing values. Express dollar values rounded to two decimal places and break-even volumes rounded up to the next integer.Fixed Cost (FC) per monthVariable Cost (VC) per unitSelling Price (S) per unitBreak-even Volume (x) per monthTotal Variable Cost at Break-even (TVC) per monthTotal Revenue (TR) per month at Break-Even$8,600.00$23.00$38.00 $127,000.00$500.00 1,050 $720.00 $80.0021 $33.00$52.00425

Break even point is a sales volume at which there is no profit no loss. or at which contribution is…

Answered: Calculate the missing values. Express…

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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FASB ASC 715–60: Compensation–Retirement Benefits–Defined Benefit Plans–Other Postretirement (previously Statement of Financial Accounting Standards No. 106) establishes accounting standards for postretirement benefits other than pensions, most notably postretirement health care benefits. Essentially, the standard requires companies to accrue compensation expense each year employees perform services, for the expected cost of providing future postretirement benefits that can be attributed to that service. Typically, companies do not prefund these costs for two reasons: (a) unlike pension liabilities, no federal law requires companies to fund nonpension postretirement benefits and (b) funding contributions, again unlike for pension liabilities, are not tax deductible. (The costs aren’t tax deductible until paid to, or on behalf of, employees.) Required: 1. As a result of being required to record the periodic postretirement expense and related liability, most companies now report lower…
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Calculate the missing values. Express dollar values rounded to two decimal places and break-even volumes rounded up to the next integer. Fixed Cost (FC) per month Variable Cost (VC) per unit Selling Price (S) per unit Break-even Volume (x) per month Total Variable Cost at Break-even (TVC) per month Total Revenue (TR) per month at Break-Even $8,600.00 $24.00 $39.00 $127,000.00 $450.00 1,010 $730.00 $78.00 25 $31.00 $52.00 420
Calculate the missing values. Express dollar values rounded to two decimal places and break-even volumes rounded up to the next integer.
Calculate amount of sales when variable costs are equal to 2/5th of sales and fixed costs are equal to 150,000. Ans: 250000. ABC Enterprises Corporation's single product appear below: Selling Price Per Unit Rs. 150 Variable Expense Per Unit 90 Fixed Expenses for the month 424,840 The unit sales to attain the company's monthly target profit of Rs. 50,000 is closest to
ABM Enterprise reported business transactions for a certain month in 2020: Unit Price, P55.75; Variable Cost Per Unit, P25.50, and Total Fixed Cost, P45,375.00. a. Compute for the number of units to be sold in order to break-even. b. How is the amount of sales to break-even?
The HASF Ink Ltd income statement for the preceding year is presented below except as noted the cost/revenue relationship for the coming year is expected to follow the same pattern as in the preceding year Income statement for the year ending March 31 is as follows Sales (200.000 units 25 Each) Rs. 5 00000 Variable cost Contribution margin 300000 CM 200000 Less Fixed cost 100000 Profit before tax 100000 Less tax 35000 Profit after tax 65000 Required What is the break even point in amount
Whirly Corporation's contribution format income statement for the most recent month is shown below: Sales (7,800 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 265,200 148, 200 117,000 55,700 $ 61,300 Required: (Consider each case independently): Per Unit $ 34.00 19.00 $15.00 1. What would be the revised net operating income per month if the sales volume increases by 90 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income 2. What would be the revised net operating income per month if the sales volume decreases by 90 units? 3. What would be the revised net operating income per month if the sales volume is 6,800 units?
Determine the break-even point in terms of number of units produced per month using the following data: (the costs are in pesos per unit) Selling price per unit=P600.00 Total monthly overhead expenses=P428,000.00 Labor cost=P115.00 Cost of materials=P76.00 Other variable cost=P2.32
Data concerning Follick Corporation's single product appear below: Selling price per unit $ 200.00 Variable expense per unit $ 72.00 Fixed expense per month $ 135,680 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)
Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit $ 33.00 18.00 $ 15.00 Sales (8,800 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: (Consider each case independently): Total $ 290,400 158,400 132,000 54,100 $ 77,900 1. What would be the revised net operating income per month if the sales volume increases by 40 units? 2. What would be the revised net operating income per month if the sales volume decreases by 40 units? 3. What would be the revised net operating income per month if the sales volume is 7,800 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income
Revenue Analysis A similar manufacturer's total monthly revenue function is .. R(q) = 240g - 0.08q? %3D where R is in dollars and q are in units of output produced and sold during the month. Currently, this manufacturer is producing 80 units a month and is planning to increase monthly output by 1 unit. Use the revenue function to compute the actual additional revenue that will be generated by the production and sale of the 81st unit. (Round to the nearest 2 decimal places, if needed) ASUS f4 f7 E3 口京团 f10 f11 因

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Fixed Cost (FC) per month	Variable Cost (VC) per unit	Selling Price (S) per unit	Break-even Volume (x) per month	Total Variable Cost at Break-even (TVC) per month	Total Revenue (TR) per month at Break-Even
$8,600.00	$23.00	$38.00
$127,000.00	$500.00		1,050
$720.00		$80.00	21
	$33.00	$52.00	425