Selling price per unitVariable manufacturing cost per unitFixed manufacturing cost per unitVariable selling cost per unitFixed selling cost per unitExpected production and salesBy how many units can Granville Company Limited's sales decline, before a loss isincurred?A.300 unitsB. 308 unitsC.316 unitsD. 320 units$250$75$90$45$202 000 units175

The break even sales are calculated as fixed costs divided by contribution Margin Ratio. The…

Answered: Selling price per unit Variable…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question 54
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Sales fixed cost $2,000,000 units sold 50 unit selling price $140,000 profit $400,000 Find the variable cost per unit and the breakeven point.
Question 5 ABC Ltd sells a product that has a price of GH¢8.00 per unit, variable manufacturing cost of GH 4.00 per unit. ABC Company has a fixed manufacturing cost of GH¢150,000 and fixed general, selling and administrative expenses of GH¢50,000. You are required to answer the following questions as the management accountant of ABC Ltd. a. How many units does ABC Company have to sell to breakeven? b. How many units does ABC Company have to sell to earn an operating income of GH$200,000? c. d. What sales revenue must ABC Company achieve to breakeven? e. What sales revenue must ABC Company achieve to earn an operating income of GH$200,000? Suppose ABC expects to sell 300,000 units, what is the margin of safety? How do you explain your result?
Unit VI question 6
Rogers Company reported net income of $43,319 for the year. During the year, accounts receivable increased by $7,282, accounts payable decreased by $3,300, and depreciation expense of $7,495 was recorded. Net cash provided by operating activities under the indirect method for the year is?
QUESTION 10 Randall has received a special order for 4300 units of its product at a special price of $20. The product normally sells for $34 and has the following manufacturing costs: AZ Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Per unit 2 3 3 2 Assume that Randall has sufficient capacity to fill the order. If Randall accepts the order, what effect will the order have on the company's short-term profit? *** If a decrease, place a sign before your answer. For example, a decrease of $1,000 would be answered -1,000.
Stella Company sells only two products, Product A and Product B. Product A $50.00 $36.00 Selling price Variable cost per unit Total fixed costs Product B $50.00 $21.00 A. 54,018 units of Product A and 27,009 units of Product B B. 57,000 units of Product A and 28,500 units of Product B C. 28,500 units of Product A and 57,000 units of product B D. 27,009 units of Product A and 54,018 units of Product B Total $1,539,500 Stella sells two units of Product A for each unit it sells of Product B. Stella faces a tax rate of 20%. Stella desires a net after-tax income of $68,000. The breakeven point in units would be (Round any intermediary calculation up to the next whole unit.)

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