Tell group victim points in units from the following cells $350,000, variable cost $50,000 fixed cost $90,000, total number of units, 5000
Q: Compute the breakeven point and verify it from the following data:…
A: Break-Even Point: It is the point of sales at which entity neither earns a profit nor suffers a…
Q: KGM Inc. has fixed costs of $500,000. When 50,000 units are produced, the total costs (both fixed…
A: The objective of the question is to calculate the total costs at a production level of 75,000 units…
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A: The objective of the question is to understand the financial performance of a radiologist group…
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A: Solution:- Calculation of equations represents the algebraic expressions for the two equations…
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A: Break even point (BEP): Breakeven is the point where total expenses are equal to total revenue. at…
Q: 5. Choose 6 out of the next 9 Questions: (A) Explain in detail the meaning of Contribution Margin.…
A: Contribution margin is difference between the sale price and the variable cost. Break even (units)=…
Q: Given that Blackboard Clinic has fixed costs of $1,000,000 and a total cost forecast of $1,700,000…
A: VARIABLE COST Variable Cost are Fixed at Per Unit Basis. Variable costs are costs that change…
Q: Compute the breakeven revenue. Revenue Variable costs Contribution margin $40,000 30,000 10,000
A: Solution... Contribution margin ratio = Contribution margin / sales revenue
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A: Prime costs = Direct materials + Direct labor
Q: (Enlarge each graph before selecting your answer.) O A. $55,000+ $50,000 $45,000- $40,000 Cot…
A: The total cost concept in business refers to the sum of all the costs incurred in producing and…
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A: Variable costs are costs that varies with the change in the level of output whereas fixed costs are…
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A: In the Reciprocal method cost of each service department is allocated to other service departments
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A: Total cost = Variable cost + Overhead cost + Fixed cost Total cost = (8,000*15) + $75,000 + $650,000…
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A:
Q: Joint products A and B emerge from common processing that costs $80,000 and yields 5,000 units of…
A: Step 1: Define Cost Allocation:The costs incurred by a firm can be broadly categorized into direct…
Q: Bryant Company uses the reciprocal services method to allocate support department costs and has…
A: Total cost is the cost which has been incurred to manufacture the products or to render the…
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A: PLANNING BUDGETPlanning Budget is the estimated cost of expenses and revenue based on estimated…
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A: Contribution margin: The difference between the sales and the variable costs is called contribution…
Q: Given the cost formula, Y = $16,000 + $3.40X, total cost for an activity level of 4,000 units would…
A: Total cost is the sum total of fixed cost and variable cost.Total cost = Total fixed cost + Total…
Q: KGM Inc. has fixed costs of $900,000. When 60,000 units are produced, the total costs (both fixed…
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Q: for the estimated total costs how did you get 4,500,000 , 5,100,000 , 5,000,000?
A: In the query, Calculation of Total estimated costs is to be elaborated. We have, 2020 2021 2022…
Q: Jamison Company uses the reciprocal services method to allocate support department costs and has…
A: Solution:- Calculation of the total Janitorial Department cost using the reciprocal services method…
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A: Break-even point: It is the point at which the company covers its variable cost only. At this…
Q: Determine the missing amounts. 1. 2. 3. LA $ Unit Selling Price $600 $250 (e) $ LA LA Unit Variable…
A: Unit contribution margin :— It is the difference between unit selling price and unit variable cost.…
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A: Direct Method: Under direct method, service department costs are allocated to production departments…
Q: COGS under variable costing? (Single Choice)
A: Cost of goods sold is the total of all the direct costs of producing the product which has been…
Q: 31) Beta has three products, A, B, and C. The following information is available: C $24,000 9,000…
A: The term "operating income" refers to the money that remains after all operational expenditures and…
Q: Given , the crossover point between the following locations is 25.000 Al- Riyadh Jidda Fixed Cost…
A: Cross over point is the point where the cost of both locations will match to each other. It is…
Q: KGM Inc. has fixed costs of $900,000. When 60,000 units are produced, the total costs (both fixed…
A: Fixed cost will remains constant. It will not change even though their is change in production.
Q: Bronx Lebanon Diagnostic Care has the following cost structure: Fixed Costs $800,000 Variable cost…
A: Introduction: Cost Volume Profit (CVP) Analysis describes how changes in costs, expenses and Volume…
Q: Assume the following financial data pertains to a certain single-product lodging business: Room…
A: Contribution Margin Percentage = (Contribution Margin / Room Sales) x 100
Q: Assume that a company provided the following cost formulas for three of its expenses (where q refers…
A: The difference between planning and flexible budget is said to be revenue and spending variance.
Q: Sandhill Company makes three models of tasers. Information on the three products is given below.…
A: Variable cost Depends upon the production of goods or services that is increment of sales increases…
Q: The housekeeping services department of Ruger Clinic, a multispecialty practice had $100,000 in…
A: Given: Direct cost is $100,000 Patient revenue is $5,000,000 Total hours is $5,000 Adult service…
Q: Better Health Company has two service departments-actuarial and premium rating, and two operations…
A: The various methods for cost allocation among departments are direct, step and reciprocal method.…
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- The Housekeeping Services Department of Ruger Clinic, had $100,000 in direct costs during the year. Department Revenue HK Hours Adult Services $3,000,000 1,500 Pediatric Services $1,500,000 3,000 Other Services $ 500,000 500 Total $5,000,000 5,000 What is the value of the cost pool? Which of the two cost drivers is better? Patient service revenue or housekeeping hours? Why?Using 0 & 3,000 patient-days, variable cost per patient-day would be: a.$5.00 b.$10.00 c.$6.67 d.$7.17KGM Inc. has fixed costs of $500,000. When 50,000 units are produced, the total costs (both fixed and variable) amount to $650,000. What would be the total costs at a production level of 75,000 units? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) Group of answer choices $725,000 $500,000 $750,000 $225,000
- Manly Beach Enterprises projects the following information for the coming year. Sales Production 1,900 units 2,000 units Selling price per sewing machine Total variable manufacturing cost Total fixed manufacturing cost Marketing and administrative cost (40% variable based on sales) $200 $160,000 $60,000 $80,000 a. Determine the projected net income using absorption costing: $ b. Determine the projected net income using variable costing: $Selected financial data for the Micco Community Health Clinic follows for a volume of 120,000 patients. Total Fixed Costs $304,144 Total costs (fixed and variable) $464,620 Calculate the variable cost per patient. (input your number without dollar signs or commas. Use 2 decimal places.)If the contribution margin per unit is Php 15 and it takes 3.0 machine hours to produce the unit, the contribution margin per unit of limited resource is: O Php 5.00 O Php 20.00 O Php 4.00 O Php 11.00 O None of the above. Activate Wing
- Submit A retailer has two departments-Home and Garden. The company's most recent contribution format income statement follows: Total Home Garden Sales $৪00, 000 $350,000 $450,000 Variable expenses 320,000 120,000 200,000 Contribution margin Fixed expenses 480,000 230,000 250,000 400,000 140,000 260,000 35:51 Net operating income (1loss) $ 80,000 $ 90,000 $(10,000) The retailer is considering whether It should close the Garden Department. Further analysis revealed that, of the fixed expenses being charged to the Garden Department, $140,000 are sunk costs or allocated costs that will continue If Garden is discontinued. In addition, If the Garden Department is discontinued, sales in the Home Department will drop by 5%. How much does the company's profit increase or decrease if the Garden Department is discontinued? (If a decrease, the dollar amount is indicated in parentheses, ie., $ (1,000).) Multiple Cholce $ (124,000) O Quiz $ (161,500) 1009Davenport Incorporated has two divisions, Howard and Jones. The following is the segmented income statement for the past month: Howard Jones Total Sales revenue $ 800,000 $ 600,000 $ 1,400,000 Variable costs 400,000 480,000 880,000 Contribution margin $ 400,000 $ 120,000 $ 520,000 Direct fixed costs 200,000 100,000 300,000 Segment margin $ 200,000 $ 20,000 $ 220,000 Fixed costs (allocated) 150,000 150,000 300,000 Net operating income (loss) $ 50,000 $ (130,000) $ (80,000) What would Davenport's income (loss) be if the Jones Division was dropped?If Cape Cod Railway’s costs total $50,000 per month, the variable passengers is $10 , and tickets sell for $50 , what is the contribution margin per unit and contribution margin ratio? A. $40 per passenger; 20%B. $10 per passenger; 80% C. $10 per passenger; 20% D. $40 per passenger; 80%
- Below is a project WBS with cost apportioned by percent. If the total project cost is estimated to be $650,000, what are the estimated costs for the following deliverables? (Round the final answers to the nearest dollar.) Definition 10% Router systems project $650,000 Implementation 47% Objectives Requirements Inputs Outputs Files Interfaces Programming In-house testing Customer testing and review 3% 7% 3% 4% 5% 9% 22% 38% 9% a. Design? b. Programming? C. In-house testing? Design 43%Service Cost Allocation Harley Corp. has two service departments, (Admin Support Dept. & It Support Dept.) and two producing departments (AgencyLine and BancAssure). Provided below are the relevant data: Service Departments Operating Departments Admin Agency Line BancAssure Direct Costs P150,000 P300,000 P5,000,000 P6,000,000 Services by Admin Support 40% 40% 20% Services by IT Support 20% 70% 10% Requirements Prepare a 3 different complete service cost allocation report with details using the following methods: 1. Direct Method IT ServicesA division sold 250,000 calculators during 2020: Sales 3,000,000 Variable costs: Materials 690,000 Order processing 250,000 Billing labor 200,000 Selling expenses 110,000 Total variable costs 1,250,000 Fixed costs 1,500,000 How much is the unit contribution margin?