t3 Fill the annual income statement for Evtel Kitchen Appliances. Assume that they only sell the Low Option. (Remark: Use Table A, Annual Fixed Costs and the given Tax Rate.) a Revenue b Cost of Goods Sold с Gross Margin d Marketing, Selling and Distribution Expenses Administrative Expenses R&D Income Before Taxes Income Tax Expenses Net Income e f g h i

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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H.
K
35
36
TABLE A
TABLE B
Annual Fixed Costs (TL)
Marketing, Selling and
Distribution Expenses
Low Option
High Option
725,000.00
37
Annually Estimated
Annually Estimated Sales
Administration Expenses
1,250,000.00
38 Sales
30,000.00
1,285.00
15,000.00
1,443.00
39 Price (TL)
$4
Price (TL)
2$
R&D
379,000.00
40
Direct Fixed Costs
4,750,000.00
41 Materials
Number Required
Unit Costs (TL)
Materials
Number Required rqaaS
42 Stove
1
172.25
Stove
1
202.25
43 Oven
1
242.15
Oven
1
252.15
TAX RATE
44 Display Screen
45 Driver
1
19.25
Display Screen
2
36.24
2
18.10
Driver
2
18.10
20%
46 Electronic Card
1
11.97
Electronic Card
Bluetooth
1
11.97
47 Bluetooth
1
11.16
1
11.16
48 Fan
2
7.99
Fan
8
7.99
49 Light Bulb
1
Light Bulb
Smart Connectivity
4.99
5.99
50
39.99
51 Direct Labor Costs
85.32
52 Packaging Cost Per
49.27
Direct Labor Costs
10%
Increase from LowOption's Direct Labor Cost
Increase from LowOption's Packaging Cost
53
Packaging Cost Per Unit
4%
54
Instructions
Answers
Transcribed Image Text:H. K 35 36 TABLE A TABLE B Annual Fixed Costs (TL) Marketing, Selling and Distribution Expenses Low Option High Option 725,000.00 37 Annually Estimated Annually Estimated Sales Administration Expenses 1,250,000.00 38 Sales 30,000.00 1,285.00 15,000.00 1,443.00 39 Price (TL) $4 Price (TL) 2$ R&D 379,000.00 40 Direct Fixed Costs 4,750,000.00 41 Materials Number Required Unit Costs (TL) Materials Number Required rqaaS 42 Stove 1 172.25 Stove 1 202.25 43 Oven 1 242.15 Oven 1 252.15 TAX RATE 44 Display Screen 45 Driver 1 19.25 Display Screen 2 36.24 2 18.10 Driver 2 18.10 20% 46 Electronic Card 1 11.97 Electronic Card Bluetooth 1 11.97 47 Bluetooth 1 11.16 1 11.16 48 Fan 2 7.99 Fan 8 7.99 49 Light Bulb 1 Light Bulb Smart Connectivity 4.99 5.99 50 39.99 51 Direct Labor Costs 85.32 52 Packaging Cost Per 49.27 Direct Labor Costs 10% Increase from LowOption's Direct Labor Cost Increase from LowOption's Packaging Cost 53 Packaging Cost Per Unit 4% 54 Instructions Answers
C.
F
H.
Fill the annual income statement for Evtel Kitchen Appliances. Assume that they only sell the Low Option. (Remark: Use Table A, Annual Fixed Costs and the
Part 3
15
given Tax Rate.)
Revenue
16
b.
Cost of Goods Sold
17
Gross Margin
18
d
19
Marketing, Selling and Distribution Expenses,
e
Administrative Expenses
20
f
R&D
22
Income Before Taxes
h
23
Income Tax Expenses
24
Net Income
C.
21
Transcribed Image Text:C. F H. Fill the annual income statement for Evtel Kitchen Appliances. Assume that they only sell the Low Option. (Remark: Use Table A, Annual Fixed Costs and the Part 3 15 given Tax Rate.) Revenue 16 b. Cost of Goods Sold 17 Gross Margin 18 d 19 Marketing, Selling and Distribution Expenses, e Administrative Expenses 20 f R&D 22 Income Before Taxes h 23 Income Tax Expenses 24 Net Income C. 21
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