Oka Co, produces and sells two products, A and B. Revenue and cost data are shown below: A B Product Mix 25% 75% Selling price per unit $40 $30 Variable Cost per unit $25 $20 Total fixed costs $208,620 Which of the following statements are correct?
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![Oka Co, produces and sells two products, A and B. Revenue and cost data are shown below:
A
B
Product Mix
25%
75%
Selling price per unit
$40
$30
Variable Cost per unit $25
$20
Total fixed costs
$208,620
Which of the following statements are correct?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fffb5db5a-1c14-432d-b362-d5a8161c27d7%2F6c7e5bdc-6af0-40df-ba4c-01c27eede3dc%2Fgiol798_processed.png&w=3840&q=75)
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- The following information relates to the operations of a company; cost per unit from supplier- GH¢80, variable cost per unit GHC40 and total fixed cost of GHC300000. The company determines its selling price by adding a margin of 20%. What is the breakeven quantity? A. 5556units B. 6665units OC. 5000units D. 6000unitsFollowing information is related to Product X of Zempa Company: Current replacement cost $230 Cost to distribute $42 Historical cost Normal profit margin Selling price $215 $36 $245 If lower-of-cost-or-market rule (LCM Rule) is applied, then the value of Product X that would be reported in the balance sheet is: a.Zachia Ltd provides the following data regarding its four product lines: Product Sales mix Weighted average contribution margin per unit (WACMU) Fixed costs Desired profit after tax w Y 60 20 15 $13.7 $71,000 $33,950 The corporate tax rate is 30% Required Calculate the number of units of Product X that must be sold in order to achieve the desired after-tax profit?
- Following information is related to Product X of Zempa Company: Current replacement cost Cost to distribute Historical cost Normal profit margin Selling price $230 $42 $215 $36 $245 If lower-of-cost-or-market rule (LCM Rule) is applied, then the value of Product X that would be reported in the balance sheet is: a. $215 b. $230 c. $203 d. $167Please provide answer in text (Without image)A company produces 4 different products. Table 1 shows the selling price, production cost, and selling probability associated with each product. Product Selling Price Production Cost Selling Probability A $350 $300 0.24 B $290 $250 0.17 C $275 $220 0.23 D $175 $150 0.36 Calculate the expected value and standard deviation of the company’s revenue related to selling these products. Calculate the expected value and standard deviation of the company’s cost related to selling these products. What would be the expected profit and its standard deviation? Explain every assumption you made.
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