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- Cost Accounting Ch. 17 1 of 6 partsGiven that: Sales $200,000,000 %3! Transportation cost = $12,000,000 %3D Warehousing cost = $3,000,000 Inventory carrying cost rate (W) = 30% Cost of goods sold = $90,000,000 %3D Other operating costs $50,000,000 %3D Average Inventory (Al) = $10,000,000 Accounts receivable $30,000,000 %3! What is the total operating cost? 50,000,000 48,000,000 42,000,000 32,000,000 O 68,000,000Find the commission # 11 12 13 14 Sales Amount $4,000 $8,000 $18,000 $27,500 5% of first $5,000 8% of next $10,000 10% on sales over $15000 Commission
- Vd Units: 131Sales $7862 Variable Costs $590 Fixed Costs $318 If the company reduces its selling price by $1.16 per unit to generate more sales AND expects the number of units sold to increase by 155 units, what would be the impact to net income?Products Unit Selling Price Unit Variable Cost Sales Mix $ 12 12" Pizza $ 3 30% 16" Pizza 15 70% The estimated fixed costs for the current year are $46,800. Required: 1. Determine the estimated units of sales of the overall enterprise product, E, necessary to reach the break-even point for the current year. x units 2. Based on the break-even sales (units) in part (1), determine the unit sales of both the 12" pizza and 16" pizza for the current year. 12" pizza units 16" pizza units 3. Assume that the sales mix was 50% 12" pizza and 50% 16" pizza. Compute the break-even point of the overall enterprise product, E. Why is it so different? unitsCalculate a) cost of goods sold, b) ending inventory, and c) gross margin for A76 Company, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for first- in, first-out (FIFO). Number of Units Unit Cost Sales Beginning Inventory 240 $140 Sold 160 $180 Purchased 520 143 Sold 400 182 Purchased 380 150 Sold 370 184 Ending Inventory 210 FIFO (perpetual) Inventory Cost of Goods Purchased Cost of Goods Sold Cost of Inventory Remaining Number Number Number of Units Unit Cost Total Cost of Units Unit Cost Total Cost of Units Unit Cost Total Cost Beginning Sale Purchase Sale Purchase Sale Total Purchases Total COGS III I II I III 1II I
- QS 19-15 (Algo) Computing contribution margin LO P2 D'Souza Company sold 6,000 units of its product for $88 per unit. Each unit had $51.60 in varlable cost of goods sold and $10.80 in variable selling and administrative expenses. Compute contribution margin. D'SOUZA COMPANY Contribution Margin Sales Variable expenses Variable cost of goods sold Variable selling and administrative expenses Contribution margin Units $ per unit TotalAnswer 1234 with solution Alexi Division of Dezi Company makes and sells only one product. Annual data on Alexi division’s single products follows: Unit selling price ............................. P50 Unit variable cost ............................. 30 Total fixed costs .............................P200,000 Average operating assets ............... 750,000 Minimum required rate of return ........ 12% If Alexi sells 15,000 units per year, how much is the residual income? If Alexi sells 16,000 units per year, what is the return on investment? Suppose the manager of Alexi division desires a return on investment of 22%. In order to achieve this goal, how many units per year Alexi division must sell? Suppose the manager of Alexi division desires an annual residual income of P45,000. In order to achieve this, how many units Alexi division should sell?Price $800 $350 EA Costs $336 (c) Margin Margin Ratio SA (a) $147 (e) $ (f) $800 40 40
- 00 96 %24 %23 173 Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating $576,000 costs Required Determine the following: a. Contribution margin per unit. b. Number of units that Ender must sell to break even. c. Sales level in units that Ender must reach to earn a profit of $180,000. d. Determine the margin of safety in units, sales dollars, and as a percentage. Complete this question by entering your answers in the tabs below. Req A to C Req D a. Contribution margin per unit. b. Number of units that Ender must sell to break even. C. Sales level in units that Ender must reach to earn a profit of $180,000. Contabution margin a. per unit b. Break-even in units C. Sales in units backsp R U 33 6) C. pause alt ctriH24 A B 1 Paulson Paint, Inc 234567 2 Sales Volume Projection 8 9 10 11 12 13 17 18 19 20 21 22 23 24 25 Sales in Gallons 36 37 38 39 Year Ready 2014 2015 2016 2017 2018 Year 2014 2015 2016 2017 2018 Totals 14 Magnificent Pa tVolume Projection Using Exponential Smoothing 15 16 fx с iT Magnificent 424,000 425,000 413,000 453,000 440,000 2016 2017 2018 424,000 425,000 413,000 453,000 440,000 D Known x's Known y's Year 26 27 Marvelous Paint Volume Projection Using Growth Function 28 29 30 31 32 33 34 35 Actual Sales in Gallons Weight Sales New x Stupendous Year General Information E Marvelous None None 226,560 259,600 295,700 226,560 259,600 295,700 Projection of Marvelous 2019 Sales Volume 2019 Weighted F Sales Volume Projection for 2019 Sales Projection G Sales Budget H 1 Production345678 Sources of Sales Estimate a Sales Manager 1st Quarter $520,000 2nd Quarter 3rd Quarter 4th Quarter $410,000 $370,000 $610,000 b Marketing Consultant $540,000 $480,000 $400,000 $630,000 C Production Manager $460,000 $360,000 $350,000 $580,000 9 They have estimated that the cost of goods sold is 70 percent of sales. The company tries to maintain 10 percent of next quarter's expected cost of goods sold as the current quarter's ending inventory. The ending inventory of this year is $25,000. For budgeting, the ending inventory of the next year is expected to be $28,000. 70% 10% $25,000 $28,000 10 11 Required 12 a. Complete the spreadsheet below to allow the inventory purchases budget to be prepared for each of the estimates above. 13 14 Spreadsheet Tips 1. This spreadsheet uses a function called vertical lookup. This function can pull the appropriate values from a table. The form 15 of this function is =VLOOKUP(value,table,column#). In this example, the table is in cells A5 to F7.…