Given the cost formula Y $17,500+ $4x, at what level of activity will total cost be $42,500? Multiple Choice 10,625 units 4,375 units 5,250 units. Search < Prev 22 of 25 ‒‒‒ +++ ‒‒‒ Next J
Q: SQU LLC is considering purchasing the following new machines which relevant data is presented below.…
A: Capital Budgeting is a process used to identify projects which would add value to the organization.…
Q: レ %24 B5 Chapter 10 Lab application-A X Bb Chapter 10 Lab application -A X * CengageNOWv2 | Online…
A: Each inventory is valued as per the rule of cost or market. The total inventory value is calculated…
Q: McGown Corporation has the following information: Raw Materials Inventory Work in Process Inventory…
A: MANUFACTURING COST Manufacturing Cost are those Cost Which is Directly or Indirectly Associates…
Q: Forrester Company is considering buying new equipment that would decrease monthly fixed costs from…
A: The sales level at which a business experiences neither a profit nor a loss is known as the…
Q: Draw V Type here to search Read aloud 7-2B-CVP Analysis, "What if?" Analysis Kevin Co.'s projected…
A: Contribution margin = Sales - Variable cost(A)Sales-(B)Variable cost=(C)Contribution margin $…
Q: W. Percent Complete Units Materials Conversion Work in process inventory, May 1 Work in process…
A: Solution 1 Equivalent units of production (EUP) Units % material EUP-Materials %…
Q: The Converting Department of Worley Company had 680 units in work in process at the beginning of the…
A: Working: Conversion Equivalent Units Inventory in Process - Begining =680 units*(100%-40%)…
Q: In applying the high-low method, what is the fixed cost? Month Miles Total Cost January 70000 $92000…
A: High-low method: It is a method of calculating the fixed and variable cost from the total cost…
Q: A division can sell externally for $73 per unit. Its variable manufacturing costs are $42 per unit,…
A: Transfer price means the price charged by one department from other department of the same company…
Q: Whirly Corporation's contribution format income statement for the most recent month is shown below:…
A: Variable costs are costs that vary with the change in the level of output whereas fixed costs are…
Q: Price $10 $5 B P 20 40 Graph A 60 80 Quantity $150, inelastic $200, inelastic O $150, elastic $400,…
A: At a price of $5, total revenue equals price* quantitySo, total revenue= $5*40 = $200
Q: 2. Change all of the numbers in the data area of your worksheet so that it looks like this: A В…
A: Margin of safety means the difference between the budget sales and breakeven sales. It means the…
Q: Current Attempt in Progress Sheridan Company collected the following production data for the past…
A: Variable cost is the cost that changes with change in the activity of cost driver used. The variable…
Q: In a transportation problem with 4 sources and 2 destinations, how many shipping lanes will exist?…
A: Number of sources = 4 Number of destinations = 2 Shipping Lanes = ?
Q: ngineering: A В 100,000 150,000
A: Let number of units produced per year be Q. Variable Cost Per Hour as,
Q: Cost A Cost B Cost C Total Costs Cost B is a A. Fixed B. variable C. Mixed D. sunk 60,000 units…
A: Expenses that change according to the volume of products or services a company generates are known…
Q: Forrester Company is considering buying new equipment that would increase monthly fixed costs from…
A: Contribution margin: It refers to the leftover revenue after deducting or decreasing the variable…
Q: Cost Allocation To: uality control 78,400 21,600 00,000) 0 Fabricating $ 140,600 S 28,800 20,000…
A: The various methods for cost allocation are direct, step and reciprocal method. Using reciprocal…
Q: %24 %24 %%24 %24 %24 %24 X My Home ngageNowv2| Online teachir x…
A: The break even sales units are calculated as fixed cost divided by CM per unit. Operating income is…
Q: The procurement team must decide between the two decision alternatives To provide management greater…
A: Given in the question: Number of units required = 2.5 Million Cost making equation under low cost…
Q: mer
A: In process costing we use equivalent unit concept to calculate…
Q: Assume that sufficient time is available on the constrained machine to satisfy demand for all but…
A: ProductWXKDFSSelling price$335.19$228.47$199.22Variable cost$259.24$173.06$159.59Contribution per…
Q: Item 1 2 3 4 5 6 Required: Item 1 Quantity 2 3 4 1 1 1 1 1 1 Cost $17.70 10.80 72.00 $ 4.80 $ $…
A: Cost is the amount which is paid to purchase the inventory and net realizable value is the amount…
Q: O a. decrease the break-even volume. O b. None of the given answers. O c. have no effect on the…
A: Answer: Option A: Will have no effect in the break-even volume.
Q: Gunes Corporation uses the weighted-average method in its process costing system. This month, the…
A:
Q: The following three identical units of Item Alpha are purchased during April: Item Alpha Units Cost…
A: FIFO (“First-In, First-Out”) is a method used to calculate inventory. It assumes that the oldest…
Q: Determine the missing amounts. (Roud answers to 0 decimal places, eg 5,275) 1 2 3 $ Unit Selling…
A: Contribution is the amount of money earned by the entity after deducting the variable costs from the…
Q: Question 17 'USC' STANDS FOR UNIT SHIPPING COST AREA X AREA Y AREA Z SUPPLIES 200 PLANT A 200 USC: 5…
A: The question is related to Transportation. Shipping expenses are the costs associated with carrying…
Q: An analyst built the following spreadsheet, complete with named ranges (for example, cell B2 is…
A: Gross profit is the difference between revenue per unit and cost price per unit.
Q: Cash 72000 Ending WIP 54000 Beginning WIP 85000 DM used 40000 DL used 61000 Factory overhead 50000…
A: the costs related to the manufacture process are the manufacturing costs.These include costs…
Q: Following data is given; Direct Expenses OMR10,000 Direct wages OMR 30,000 Direct materials OMR…
A: Cost accounting means where every cost of doing business is recorded in necessary account and cost…
Q: Which of the following is the EVC of new product X?
A: Let me state the given data, Reference product YNew product XProduct price400EVCStartup…
Q: es c.'s total predetermined overhead rate is $50 per hour based on a monthly capacity of 59,400…
A: Budgeted Fixed Overhead CostBudgeted fixed overhead is the fixed overhead costs budgeted for a…
Q: Quantity Price Demanded $90 10 $80 25 $70 40 $60 55 $50 70 Refer to the Table. The equilibrium price…
A: According to theory of demand, equilibrium is the point at which quantity supplied is equal to…
Q: Break-Even Sales Currently, the unit selling price of a product is $280, the unit variable cost is…
A: CVP analysis is considered a decision-making tool that helps management to make strategies and take…
Q: Snipe Company has been purchasing a component, Part Q, for $19.20 per unit. Snipe is currently…
A: Fixed Costs are considered while evaluating make or buy decision, since these cost are incurred…
Q: Raju is in a competitive product market. The expected selling price is $80 per unit, and Raju's…
A: In target costing, the target cost can be measured by deducting the gross profit from the sales…
Q: ok nt Ask Print ferences Exercise 5-22 (Algo) CVP analysis with two products LO P3 Handy Home sells…
A: Break even point :— It is the point of production where total cost is equal to total revenue. At…
Q: Trevor Company expects sales of Product W to be 62,000 units in April, 77,000 units in May, and…
A: Desired ending inventory for April = Budgeted sales for May x 40% = 77000*40% = 30800 units
Q: Average Rate of Return-Cost Savings Maui Fabricators Inc. is considering an investment in equipment…
A: Average rate of return on the project means how much net income a business is earning annually on…
Q: e.com/courses/31939/quizzes/265081 The same scenario will be used for questions 1-10. Keith Shoe…
A: none of the aboveExplanation:Output:Total Cost calculation when unit price is $32.00:1. Purchase…
Q: Variable Costs $135,000 ??? Fixed Costs $25,000 ??? Mixed Costs $16,000 ??? Total Costs $176,000…
A: The total fixed costs remains constant for each level of production but total variable costs changes…
Q: In applying the high-low method, what is the unit variable cost?
A: Formula: Variable cost per unit= Total cost of high actvity- Total cost of low actvityHighest…
Q: Which of the following would produce no change in the contribution margin per unit? Select one: O a.…
A: Contribution Margin: The process or theory which is used to judge the benefit given by each unit of…
Q: Journalize Standard Cost Entries Encinas Company produced 4,700 units that require 10 standard…
A: Actual production given is 47900 pounds4700 × 10 = 47000 standard one Direct Materials quantity…
Q: Lake Corporation is considering the elimination of one of its segments. The segment incurs the…
A: Note: Avoidable cost are relevant in decision making as these can be avoid or cost can be reduced…
Q: ill in the blank spaces for each of the exercises below $Retail $Cost $Cost $MU MU% (per unit) (per…
A: Price setting is a process of deciding the selling price of an item based on the cost and the…
Q: Marlin Motors sells a single product with a selling price of $350 with variable costs per unit of…
A: Contribution margin per unit has been calculated as follows: Contribution margin per unit=Selling…
Step by step
Solved in 3 steps
- Gunes Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were: Percent Cost Complete Materials costs $10,600 $12,800 65% Conversion costs 30% A total of 8,500 units were started and 7,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Cost Materials costs $142,100 $359,500 Conversion costs The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. The cost per equivalent unit for conversion costs for the first department for the month is closest to: Multiple Choice $40.03 12 stv MacBook Air 80 DII DD F2 F5 F6 F3 F4 F7 FB F9 F11 @ 23 $ & 3 4 7 8. 9. W E T Y U 11 S F H. J K > C. V B .. .. * 00FILE Paste Clipboard A1 4 1. Determine the break-even point. 2. Compute the margin of safety and explain its significance. 3. Compute the degree of operating leverage at a particular level of sales and explain how it can be used to predict changes in net operating income. & Ee- HOME Calibri INSERT BIU. FR - I READY Font Jnit sales 5 elling price per unit 6 fariable expenses per unit 7 ixed expenses x 11 17 fariable expense ratio 18 A 1 Given the following information complete a CVP analysis 2 or JPL, Inc.: 9 Use the data to answer the following. 10 PAGE LAYOUT 14 Contribution margin per unit 15 16 M ratio 11. Compute the CM ratio and variable expense ratio 12 elling price per unit 13 ariable expenses per unit 19. Compute the break-even point 20 Ireak-even in unit sales 21 Ireak-even in dollar sales 22 23. Compute the margin of safety 24 Margin of safety in dollars Sheet1 CVP Analysis - Excel FORMULAS % Alignment Number Conditional Format as Cell Formatting Table Styles- Styles Given…Kimmel, Accounting, 7e Help | System Announcements 16 PM/ Remaining: 23 min. CALCULATOR PRINTER VERSION 1 BACK NEXT Problem 21-01A National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Unit Direct materials Direct labor $44 Variable manufacturing overhead $15 Fixed manufacturing overhead $1,377,000 Variable selling and administrative expenses $ 5 Fixed selling and administrative expenses $ 1,053,000 These costs are based on a budgeted volume of 81,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. GMX
- 3.4 Break Even Point Analysis Multiple choice. Indicate on the ANSWER SHEET the letter and the amount of the correct answer. Given: Based on 100,000 units of production, variable cost rate is P2 per unit and fixed cost is P20,000. Q34 How much must be the variable cost rate at 80,000 and 125,000 units of production? a) P2.50 and P1.60, respectively c)P2.00 for both e) P3.00 and P2.50 b) P2.75 and P1.76, respectively d) P2.00 and P1.60 respectively d) None of the above Q35. How much must be the fixed cost rate per unit at 80,000 and 125,000 units of production? a) P.25 & P.16, respectively c) P.16 & P.20, respectively b) P.20 for both d) P25 & P 30 respectively e). P 60 and P30 respectively f) None of the above Q36. What do the areas/lines (a-e-b), (b-f-c), (f-e-g) and (c) refer to in Graph 1? (a-e-b) (a) Loss area (b) Profit area 3.6 (b-f-c) Variable cost Variable cost Fixed cost a) P30 b) P20 (c) Loss area (d) None of the above Q37. To what may the areas (m-o-n), (n-o-x) and (t-p-o-x)…Do not use Excel to solve and with clear writing plz Q.2-a-Make the present worth comparison of different life machines for which costs are shown below, if i-8 %.Which machine would you select ? Machine A Machine B Cost S 600 700 Annual benefit ,S/year 100 100 Salvage value ,5 250 180 Useful life, year 5 10ngageNOWv2| Online teachin x takeAssignment/takeAssignmentMain.do?invoker%-&takeAssignmentSessionLocator%=&inprogress%3false く☆ eBook 2. What if FlashKick added a third line-tournament quality soccer balls that were expected to take 40 percent of the units sold of the match balls and would have a selling price of $42 each in January and February, and $45 each in March? Prepare a sales budget for FlashKick for the first three months of the coming year. Show total sales for each product line by month and in total for the first quarter. If required, round your answers to the nearest cent. FlashKick Company Sales Budget For the First Quarter January February March Quarter Practice ball: Units 50,000 V 58,000 V 80,000 V 188,000 V Unit price 8.25 V $ 8.25 V 8.25 V $ 8.25 Sales 412,500 V$ 478,500 V 660,000 V 1,551,000 V Match ball: Units 4,200 4,500 V 7,800 V 16,500 15 V 15 V $ 15 V 15 V Unit price 67,500 V $ 117,000 V 247,500 V Sales $ 63,000 V Tournament ball: 5,200 V 11,000 V 2,800 3,000…
- M Question 6- QUIZ- CH 18-C X Project 6 x .mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu%252Fw... 18 es Saved Help Save Exercises 18-41 (Algo) Allocation of Central Costs; Profit Centers [LO 18-3] Woodland Hotels Incorporated operates four resorts in the heavily wooded areas of northern California. The resorts are named after the predominant trees at the resort: Pine Valley, Oak Glen, Mimosa, and Birch Glen. Woodland allocates its central office costs to each of the four resorts according to the annual revenue the resort generates. For the current year, the central office costs (000s omitted) were as follows: Front office personnel (desk, clerks, etc.) Administrative and executive salaries Interest on resort purchase Advertising Housekeeping Depreciation on reservations computer Room maintenance Carpet-cleaning contract Contract to repaint rooms $ 12,100 5,700 4,700 600 3,700 80 1,210 50 570 $ 28,710 Revenue (000s) Square…Unit sales (a) Selling price per unit Variable cost per unit Traceable fixed expense TB MC Qu. 12A-46 Woodridge Corporation manufactures numerous... Woodridge Corporation manufactures numerous products, one of which is called Alpha-32. The company has provided the following data about this product Multiple Choice $1,375,220 77,000 76.00 61.00 $1,323,000 $52.220 Help $ $ Management is considering increasing the price of Alpha-32 by 5%, from $76.00 to $79.80. The company's marketing managers estimate that this price hike would decrease unit sales by 5%, from 77,000 units to 73,150 units Assuming that the total traceable fixed expense does not change, what net operating income will product Alpha-32 earn at a price of $79.80 if this sales forecast is correct? Save & Exit%24 B15 Chapter 10 Lab application-A X コ* W Bb Chapter 10 Lab application - A X CengageNOWv2| Online teach : takeAssignment/takeAssignmentMain.do?invoker%=&takeAssignmentSessionLocator=&inprogre... O ☆ eBook Show Me How The following information is taken from a company's records. Cost Market value per Unit per Unit Inventory Item 1 (9 units) $32 $31 Inventory Item 2 (21 units) 6 - Inventory Item 3 (12 units) 9. 8. Applying the lower-of-cost-or-market approach, what is the correct value that should be reported on the balance sheet for inventory? Show All Check Mv Work 4 more Check My Work uses remaining Sample Proble...docx Sample Proble....docx Proble....docx
- Exercise 8: Find the missing number Number of units Total variable Total Fixed Total cost Cost per cost cost unit 500 35000 20000 ? ? 1500 ? ? ? ? 1800Connect ezto.mheducation.com/ext/map/index.html?_con3Dcon&external_browser=D0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/.. ☆ er 8 homework G Saved Help Save & Exit Submit Check my work Samuelson and Messenger (SAM) began 2021 with 200 units of its one product. These units were purchased near the end of 2020 for $25 each. During the month of January, 100 units were purchased on January 8 for $28 each and another 200 units were purchased on January 19 for $30 each. Sales of 125 units and 100 units were made on January 10 and January 25, respectively. There were 275 units on hand at the end of the month. SAM uses a perpetual inventory system. Required: 1. Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO. 2. Complete the below table to calculate ending inventory and cost of goods sold for January using average cost. ok Complete this question by entering your answers in the tabs below. nt…DocHub X D Unit 4 Project - TVM Calculator X b.com/claudiasirois1122/Xv7zYW5RnILBBINV2A9egx/unit-4-project-tvm-calculator-pdf?pg=6 > ✓Sign - O Ri + 4. Use the TVM Calculator to fill in the following table given that the APR is 6%. Round to 2 decimal places as needed. PV = PMT= FV = APR = Periods CHANGES = Compounding: CHANGES Principal Compounding Periods $1,000 D $1,000 $1,000 $1,000 $1,000 Annually Semiannually Monthly Weekly Daily 1 2 12 a. What did P represent in the compound interest formula? P = regular deposit amount 52 shift Amount after 1 year enter If we summarize the effect seen in the table, we see that more compoundings per year means that you will have more money in the account, but the amount of increase will eventually level off. Most banks publish the APY, or Annual Percentage Yield, instead of the APR to account for this effect. $1060 $1060.90 365 $1061.83 Extension 5. What are some financial goals that people save for? Some financial goals people save for are a…