Study the information given below and answer each of the following questions independently: Calculate the total Marginal Income and Net Profit/Loss if all the tables are sold. 3.1 Use the marginal income ratio to calculate the break-even value. Calculate the new total Marginal Income and Net Profit/Loss, if an increase in advertising expense by R100 000 is expected to increase sales by 400 units. How many units must be sold if the company wishes to eam a net profit of R298 920. Based on the expected sales volume of 2 400 units, determine the sales price per unit (expressed in rands and cents) that will enable the company to break even. INFORMATION 3.2 3.3 3.4 3.5 Samcor Limited manufactures tables. The following information was extracted from the budget for the year ended 30 June 2022: 1. Total production and sales Selling price per table 2. 3. 4. 5. Variable manufacturing costs per table: Direct material Direct labour Overheads Fixed manufacturing overheads Other costs: Fixed marketing and administrative costs Sales commission 2 400 units R1 200 R288 R192 R96 R216 960 R144 000 5%

Study the information given below and answer each of the following questions independently: Calculate the total Marginal Income and Net Profit/Loss if all the tables are sold. 3.1 Use the marginal income ratio to calculate the break-even value. Calculate the new total Marginal Income and Net Profit/Loss, if an increase in advertising expense by R100 000 is expected to increase sales by 400 units. How many units must be sold if the company wishes to eam a net profit of R298 920. Based on the expected sales volume of 2 400 units, determine the sales price per unit (expressed in rands and cents) that will enable the company to break even. INFORMATION 3.2 3.3 3.4 3.5 Samcor Limited manufactures tables. The following information was extracted from the budget for the year ended 30 June 2022: 1. Total production and sales Selling price per table 2. 3. 4. 5. Variable manufacturing costs per table: Direct material Direct labour Overheads Fixed manufacturing overheads Other costs: Fixed marketing and administrative costs Sales commission 2 400 units R1 200 R288 R192 R96 R216 960 R144 000 5%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

The data below relate to a small service business. The business delivers a standard service to all customers. (Enter your answer as an integer number.) Fixed costs Variable cost per service £100,000 146 271 Selling price per service How many services need to be provided to make a profit of £166,000 for the business? Enter your answer below. The number of services to make the required profit is
4. Assume you are the logistics manager of Apple and need to get 2000 latest MacBook (Retails at $2000 each) to market. Choices include: Rail, cost $1000 and takes a week Air, cost $5000 and take a day Which would you choose? Assume the yearly profit as 10% of sales. Hint – Find cost incurred by the manufacturer per day based on yearly profit. Use that value to find the total cost for each shipping method (shipping charge plus daily costs).
REQUIRED Use the information provided below to answer each of the following questions independently: 2.1 Calculate the break-even quantity. (2 Marks) 2.2 Calculate the sales value required to achieve a net profit of R150 000, using the marginal income ratio. (4 Marks) 2.3 Determine the selling price per unit if a net profit of R624 600 is desired. (4 Marks) INFORMATION The following information was extracted from the budget of Mary's Manufacturers for the period July to December 2021: 1. Total production and sales 2 300 units 2. Selling price per unit R200 3. Variable manufacturing costs per unit: Direct materials R60 Direct labour R40 Overheads R20 4. Fixed manufacturing overheads R200 000 5. Other costs: Fixed marketing and administrative costs R100 000 Sales commission 10% of sales
Tomperance, inc. is studying marketing cost and sales volume, and has generated the following information by use of a scatter diagram and a least sauares regression analysis Regression Aralyss $750 $43,000 Scater Dagram Variabie cost per Unt so Tocal mondhy fCd cost 541500 Tomporance is now proparing an cstmate for monthly sales of 19,000 units. On the basis of the data presonted, compute the most accurate salos forocast possibie. O An amount other than those listed above. O $I84300. S176.700. O S172.200. O S1700.
Answer full question
A company is assessing granting credit to a new customer. The variable cost per unit is $88, the current price is $115, the probability of default is 34% and the monthly required return is 4.0%. Calculate the NPV of the switch. Assume the customer will purchase once.
Please answer it as soon as possible! Thank you!
Please help with 7 through 10. Thank you!:)
he company has these parties of goods on hand: 10x1.000 TL; 20x900 TL; 10x800 TL; 10x700 TL. If 37 items are sold with 20% profit margin (COGS +20% Profit), what is COGS and Sales Revenue in LIFO? a. COGS: 9.400 TL; Sales Revenue: 11.280 TL b. COGS: 33.600 TL; Sales Revenue: 40.320 TL c. COGS: 30.300 TL; Sales Revenue: 36.360 TL d. COGS: 12.700 TL; Sales Revenue: 15.240 TL
If cost of sales is $100,000 and the margin is 20% , what is the amount for sales? a. $20,000 b. $120,000 c. $125,000 d. $150,000 The Rocky Point Fishers is a trader in Sea Foods. The firm operates with a standard margin from sales of 1/3. What would be the mark up? a. 1 / 2 b. 1 / 4 c. 2 / 3 d. 3 / 1
Show Me How E Print Item O eBook Break-Even Sales Currently, the unit selling price of a product is $370, the unit variable cost is $300, and the total fixed costs are $1,309,000. A proposal is being evaluated to increase the unit selling price to $410. a. Compute the current break-even sales (units). units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant. units heck My Work 4 more Check My Work uses remaining. Previous All work saved. Email Instructor
Selena Corporation is currently considering relaxing its credit standards. Based on the analysis done, relaxing credit standard will potentially increase sales by 5%. Selena Corporation is currently selling 400 units with selling price of P700. Variable costs per unit based on status quo is at P400. The average total cost per unit is P425. What is the additional profit contribution from sales if credit standards are relaxed?