Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contributio margin ratios for the two products follow: Product Flight Dynamic $ 740,000 64% Sure Shot $ 260,000 74% Sales CM ratio Fixed expenses total $580,000 per month. Total $ 1,000,000 ? Required: 1. Prepare a contribution format income statement for the company as a whole. 2. What is the company's break-even point in dollar sales based on the current sales mix? 2. If sales increase by $53.000 a month by how much would you expect the monthly net operating income to increase?

Q: How to draw a npv profile in excel

A: Net Present Value (NPV) is the technique used to discount the cash flows generated over the period…

Q: Share Issuances for CashChase, Inc., issued 10,000 shares of $20 par value preferred stock at $50…

A: Entries are provided below.Explanation:

Q: Important Factors to Consider When Building a TCO Model Example of a TCO Model?

A: TCO model or Total Cost Ownership Model is an model used to estimate the cost of product or a…

Q: Describe about the LIFO and FIFO method.

A:

Q: What is an ERP system?

A: Enterprise Resource Planning (ERP) System: Enterprise Resource Planning System refers to a…

Q: Distinguish between reverse engineering and reengineering.

A:

Q: Describe WACC and its components.

A: WACC: The weighted average cost of capital (WACC) is a computation of   cost of capitalof a company…

Q: Define each of the following terms: f. Just-in-time system; outsourcing

A: Answer: Just-in-time system: This is the method for managing inventories. It was developed by…

Q: Identify activities that consume resources.

A: Activity-based costing also known as ABC is a costing method that assigns indirect cost to…

Q: Give an example of a system development life cycle flow chart?

A: The SDLC, or system development life cycle, seems to be fundamentally a project management paradigm.…

Q: Give an example of each.

A: Cost standard example: The estimation to regulate the entire direct material cost standard and…

Q: Leno Manufacturing Company prepared the following factory overhead cost budget for the Press…

A: Flexible overhead cost budget: A flexible overhead cost budget is referred as a thorough plan for…

Q: Describe the term CVP analysis.

A: Cost-Volume-Profit Analysis (CVP Analysis): CVP Analysis is a tool of cost accounting that…

Q: X ***CPS Online Personal Finance + arn.edgenuity.com/Player/ nce Identifying Income and Expenses…

A: The question is related identification of item as income and expenses.

Q: Write out the equation for the CML and explain its meaning.

A: After the investment in different securities, portfolio is prepared which describe the overall…

Q: What is CVP analysis? Give three examples?

A: CVP Analysis:CVP analysis establishes the relation between cost, volume and profit of the company.…

Q: how to learn CAPM model?

A: In order to increase the return and reduce the risk, investors generally adding some securities to…

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.