Multiple Product Break-Even Analysis jos Tax Service provides professional accounting and tax services. All tax return services are classified into one of three categories standard, matin, and complex Flowing is intermine your last year, the fixed cost of rent, utilities, and so forth were $65,000. Average variable coses Average contribution margn Product Staillard Mutform Standard Multiform Complex $265 (75) (150) MS $115 500 Combuban margina 1405 CHO X15 1,750 Required (a) Determine Joe's break-even dollar sales volume Enter biling rates and contribution margins using all decimals, when needed Round contribution margin ratio to three decimal places Round break even sales volume to the nearest dollar.. Weighted Billing Rate 1 $140 Weighted Contribution Margin 250 UNI 26 W 255- 10 ME 17.5 M TEM 105 39 M GAIN 1 326,923 M d) Determine Joe's margin of safety in sales dollars Hint Use weighted average billing rate Round answer to the nearest whole number $58077

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Multiple Product Break-Even Analysis
jos Tax Service provides professional accounting and tax services. All tax return services are classified into one of three categories standard, matin, and complex Fungserman or in your he
last year, the feed cost of rent, utilities, and so forth were $65,000.
Average variable costs
Average contribution margn
Product
Standard
Multiform
Comple
Standard Multiform Complex
$140 $265
(75) (150)
145
$115
500
Required
(a) Determine Joe's break-even dollar sales volume.
Enter biling rates and contribution margins using all decimals, when needed
Round contribution margin ratio to three decimal places
Round break even sales volume to the nearest dollar.
Commitution margina
Breik-even sales volume
$65
(10)
X35
Weighted
Billing Rate
S
Weighted
Contribution
Margin
381
26 W
255
101
11 M
105
39 M
GAIS N
126,923
1
Determine Joe's margin of safety in sales dollars. Hine, Use weighted average billing race
Round answer to the nearest whole number i
$58.077
Transcribed Image Text:Multiple Product Break-Even Analysis jos Tax Service provides professional accounting and tax services. All tax return services are classified into one of three categories standard, matin, and complex Fungserman or in your he last year, the feed cost of rent, utilities, and so forth were $65,000. Average variable costs Average contribution margn Product Standard Multiform Comple Standard Multiform Complex $140 $265 (75) (150) 145 $115 500 Required (a) Determine Joe's break-even dollar sales volume. Enter biling rates and contribution margins using all decimals, when needed Round contribution margin ratio to three decimal places Round break even sales volume to the nearest dollar. Commitution margina Breik-even sales volume $65 (10) X35 Weighted Billing Rate S Weighted Contribution Margin 381 26 W 255 101 11 M 105 39 M GAIS N 126,923 1 Determine Joe's margin of safety in sales dollars. Hine, Use weighted average billing race Round answer to the nearest whole number i $58.077
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