Homework Help is Here – Start Your Trial Now!
Business
Accounting
dinarS of (88,C per mont any is 45% th

dinarS of (88,C per mont any is 45% th

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question
I need the answer as soon as possible
Fill in the blanks with the appropriate answer by solving the example below Question: The Union Company makes profits after tax (2500 dinars per month on sales of (88,000) dinars per month The company is taxed at a rate of 45%, the company sells its products at a price of 25 dinars per unit, of which 20 are a variable cost. Required 1- Monthly fixed costs 2 What is the amount of justice and units in dinars? 3- What is the financial leverage at the level of sales of 6000 units per month? 4- What is the financial leverage at the level of sales of (7000) units per month? 5- The amount of popular wind at the sales level of (30000) units (60000) units (90000) units 6- What is the effect of a change in the following factors on the break-even quantity? 1- An increase of 6 dinars in the selling price with the stability of sales volumes 2- Fixed costs decrease in January by 200 dinars 3- Reducing variable costs by 1 dinars and increasing fixed costs by 6000 dinars
Transcribed Image Text:Fill in the blanks with the appropriate answer by solving the example below Question: The Union Company makes profits after tax (2500 dinars per month on sales of (88,000) dinars per month The company is taxed at a rate of 45%, the company sells its products at a price of 25 dinars per unit, of which 20 are a variable cost. Required 1- Monthly fixed costs 2 What is the amount of justice and units in dinars? 3- What is the financial leverage at the level of sales of 6000 units per month? 4- What is the financial leverage at the level of sales of (7000) units per month? 5- The amount of popular wind at the sales level of (30000) units (60000) units (90000) units 6- What is the effect of a change in the following factors on the break-even quantity? 1- An increase of 6 dinars in the selling price with the stability of sales volumes 2- Fixed costs decrease in January by 200 dinars 3- Reducing variable costs by 1 dinars and increasing fixed costs by 6000 dinars
Expert Solution
steps

Step by step

Solved in 4 steps with 4 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Public Issue
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.
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS