Consider the following information:Retail price per unit:Wholesale price per unit:Manufacturer's price per unit:Manufacturer's variable cost:Retailer's fixed costs per quarter:Wholesaler's fixed costs per quarter:Manufacturer's fixed costs per quarter:Retailer's unit sales this quarter:Wholesaler's unit sales this quarter:Manufacturer's unit sales this quarter:$150O $90.91O $111.12O $72.50O $145.46$80$50$35$75,000$1,750,000$2,500,0001,80080,000160,000If the wholesaler wants his margin to be 45%, but doesn't believe he can convince the manufacturer to lower her price below $50, what pricedoes the wholesaler need to charge the retailer?O Search

Solution: Manufacturer price per unit = $50 Whole sale price per unit = $80 Required margin for…

Answered: Consider the following information:…

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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Using this information, what is Your Company's Your Company's expected net income when 5,000 units are sold? Use the information in red to figure out total fixed costs. Expected sales in units Sales price per unit 5,000 $20 3,750 Expected - Breakeven Margin of safety in units 35% Contribution margin ratio O A. $35,000 O B. $25,000 O C. $18,750 O D. $26,250 O E. $ 8,750
using the information below answer 3.1 and 3.2 3.1 Calculate the total Marginal Income and Net Profit/Loss if all the tables are sold. 3.2 Use the marginal income ratio to calculate the break-even value. INFORMATIONSamcor Limited manufactures tables. The following information was extracted from the budget for the year ended 30June 2022:1. Total production and sales 2 400 units2. Selling price per table R1 2003. Variable manufacturing costs per table: Direct material R288 Direct labour R192 Overheads R964. Fixed manufacturing overheads R216 9605. Other costs: Fixed marketing and administrative costs R144 000 Sales commission 5%
Given the following: compute the company's break-even point in dollars and the margin of safety in dollars and in percentage. Selling Price Per Unit 15 100 Variable Expense 9 20 Number of Units 20,000 5,000 A) Hawaiian Fantasy Percent Tahitian Joy Percent Amount Percent Sales $300,000 100% $500,000 100% $800,000 100% Variable Expenses $180,000 60.00% $100,000 20.00% $280,000 35.00% Contribution Margin $120,000 40.00% $400,000 80.00% $520,000 65.00% Fixed Expenses $475,800 59.48% Net Operating Income $44,200 5.53%
Davidson company has sales of 100,000 variable cost of goods sold od $40,000 variables seeing expenses of $15,000 variable administrative expensive of 5,000 fixed selling expenses of $7000 and fixed administrative expenses of $9,000 what is Davidson's contribution Margin?
Company XYZ is producing and selling 2,500 . At this level , the selling price per unit is $10, the variable expenses per unit is $3 and fixed expenses are \$1,5 . How much is the profit ? a. $ 6,000 b. $11,000 c. 8,500 d. 16,000 e.13,500
Find the missing values in the table below with different amount of sales and change in variable expense accordingly. From the given below data find the Contribution ratio. What will be impact on Breakeven if sales increases. Items Current Sales in additional sales in Percentage dollars for 600 dollars with 720 of Sales units units Sales 1,54,000 1,76,000 ? Variable 36,000 10 percent increase ? Expenses in previous expense Contribution ? Margin Fixed Expenses 25,000 25000 Net Income or ? ? ? Los b) Harsha Ltd. Corporation wants to know about the variance in production cost it is noted that mostly variance is related to labor variance. Actual labor hours consumed are 28 hours at the rate of 12 dollars per hour. While standard hours was 41 hours with standard rate of 20 per hour. You are required to find the Labor Efficiency Variance, Labor rate Variance. Interpret your results.
Data Inputs: Unit sales Selling price per unit Variable expense per unit Total fixed expenses Sales Variable expenses Contribution margin Fixed expenses Net operating income Net profit margin percentage CVP Graph Information Selling price per unit Variable expense per unit Total fixed expenses CVP Graph Table CVP Graph $ $ S Contribution Format Income Statement Per Unit $ 40,000 12.50 7.50 180,000 $ Total 500,000 $ 300,000 200,000 $ 180,000 20,000 4.00% $ $ S 180,000 12.50 7.50 Units 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 12.50 7.50 5.00 Donaldson Company % 100% 60% 40% Variable Expenses Fixed Expenses Total Expenses Sales dollars Margin of Safety Actual sales (a) Break-even sales (b) Margin of safety in dollars (a)-(b) Margin of safety percentage $ $ $ 500,000 450,000 50,000 10.00%
6. Dexter Corporation forecast the following units and selling prices: Year 1 Year 2 1,000 $10 1,500 $12 Year 1 $2,000 $5 Year 3 2,000 $15 Unit sales Selling price per unit Please calculate Dexter's projected or proforma sales. 7. Continuing from the prior problem, Dexter has the following fixed cost per year and variable cost per unit each year: Year 2 $2,100 $6 Year 4 3,000 $18 Year 3 $2,200 $8 Year 4 $2,400 $9 Annual fixed costs Variable costs per unit Assuming these are all the costs for Dexter. Please calculate Dexter's projected or proforma profit. 8. Continuing from the prior two problems, if Dexter pays 20% of pretax income (not sales) in taxes to various government authorities, please calculate Dexter's after-tax net income.
Good morning What is the breakeven point in unit, assuming a product's selling price is $100 fixed costs are 8,000, unit variavle costs are $20, and operating income is $3,200?
2. Use this information to answer questions: Fixed Expenses Rent $ 44,000 Utilities $ 40,000 Depreciation $6,500 Variable Expenses Cost of Goods Sold 34% of sales Sales Commissions 15% of sales a. What is the company's contribution margin percentage? b. What is the break-even point in dollars? c. If the company wants to earn a profit of $35,000 instead of breaking even, what is the amount of sales the company must achieve?
Please help me with show all calculation thanku
Assume the following cost information for Johnson Company: Selling price $190 per unit Variable costs $80 per unit Total fixed costs $95,000 Tax rate 21% If Johnson Company desires to earn $30,000 net income: What is the target operating income it must earn? Assume the tax rate is 21% How many units must be sold to achieve this target operating income? What amount of sales revenue must be earned to achieve this target operating income?

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