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Q: 2,250. 3,250. 2,875. 5,750. 6,750.
A: Margin of safety sale is sales above the Breakeven point.
Q: Top managers of Kyler Industries predicted 2018 sales of 14,400 units of its product at a unit price…
A: Under flexible budget, the revenue per unit and the variable cot per unit are multiplied by actual…
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A: Sales revenue: It is the revenue earned by a business on selling the goods or providing services to…
Q: During the current year, Mute Corporation expected to sell 22,200 telephone switches. Fixed costs…
A: Contribution per unit = Selling price per unit - Variable cost per unit = $3,100 - $1,280 = $1,820…
Q: Need help
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Q: BLZ manufactures very strong bricks for walls and security installations. Each brick is sold for…
A: Sale revenue=Number of units sold×Price per unit=50,000×K 20=K 1,000,000
Q: Top managers of Root Industries predicted 2024 sales of 14,700 units of its product at a unit price…
A: The budgets are prepared based on the estimates and used to evaluate the performance by comparing it…
Q: A Corporation is working on its direct labor budget for the next two months. Each unit of output…
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A: Introduction: The margin of safety is an accounting ratio that determines the proportion of sales…
Q: Based on the expected sales volume of 2 400 units, determine the sales price per unit (expressed in…
A: Break-Even Point is a point of sale where the company is able to recover the costs incurred for…
Q: Magnussen, Inc., uses the absorption costing approach to cost-plus pricing described in the text to…
A: Formula: Total product cost = Budgeted sales value x Unit product cost Multiplying budgeted sales…
Q: Edward Food Processing Company is a wholesale distributor of biscuits in Holborn. The Company has…
A: The sales volume at which a business starts to lose money is called the breakeven point. A…
Q: Edward Food Processing Company is a wholesale distributor of biscuits in Holborn. The Company has…
A: It has been provided: Selling price per unit = 4.00 Cost of Biscuits = 2.00 Profit on sale = 0.40…
Q: The sales in units required by Photo Finish to make an after-tax profit (TA) of $20,000, given an…
A: Introduction:- Cost-volume-profit (CVP) analysis is an important and systematic method that provides…
Q: Two businesses, P Ltd. and Q Ltd. sell the same type of product in the same type of market. Their…
A: Break-even is a point at which the business neither earns profits nor incurs losses.
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A: Lets understand the basics. For calculating after tax target profit, we need to use below formula.…
Q: Last year, Hever Inc. had sales of $936,000, based on a unit selling price of $390. The variable…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: During March, a firm expects its total sales to be $162,000, its total variable costs to be $95,200,…
A: Ans. Contribution margin is calculated by deducting variable cost from total sales.
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A: Gross profit = Sales - variable cost (or) profit before tax + fixed costs Given data Sales…
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A: A BUDGETED INCOME STATEMENT IS A FINANCIAL REPORT THAT SHOWS THE ESTIMATED REVENUE,, 99, 254);…
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A: Budgeted income statement is the statement that estimates the profit or loss in a future period.
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A: Budgets are prepared to estimate the amount of sales, cash collection, cash payments, and production…
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A: Sales price = Cost per unit + Profit per unit Cost = Direct material + Direct labor + Manufacturing…
Q: margin of safety (to the nearest €)?
A: The margin of safety is the difference between the actual sales and break-even sales. Margin of…
Q: I want to answer this question
A: Step 1: Introduction to the Absorption CostingIn cost accounting, absorption costing refers to the…
Q: lop managers of Juda Industries predicted 2025 sales of 14,500 units of its product at a unit price…
A: The flexible budget is prepared for actual production level on the basis of the standard rates. The…
Q: Solve
A: Step 1: Step 2: Step 3: Step 4:
Q: As a newly hired management accountant, you have been asked to prepare a profit plan for the company…
A: The Break-even point is the optimum point of no profit no loss as at this point the firm is earning…
Q: Answer the following questions using the information below: Kramer Enterprises reports year-end…
A: $582,400Budgeted variable cost= $582,40020X8selling price per units= $960,000/160,000=$6variable…
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Q: The Matrix Company has three product lines of belts—A, B, and C—with contribution margins of $7, $5,…
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Q: Part B RDX uses flexible budgets to control its selling expenses. Variable costs as a percentage of…
A: A budget that can be adapted to the activity or volume levels of a corporation is referred to as a…
Q: Hardaker Limited produces and sells two products. Product A sells for £12 per unit and has a total…
A: CVP analysis refers to a concept where the cost and profit of a product or range of products is…
Q: Wet Mop Incorporated expects to sell 10,000 mops. Fixed costs (for the year) are expected to be…
A: There are two type of costs being incurred in the business. One is fixed costs and other is variable…
Q: Framing House, Inc. produces and sells picture frames. Variable costs are expected to be $15 per…
A: sales dollars required to make a desired before tax profit = (Fixed cost + Desired…
Q: Edward Food Processing Company is a wholesale distributor of biscuits in Holborn. The Company has…
A: The sales volume at which a business starts to lose money is called the breakeven point. A…
Q: Prepare a complete projected income statement in the contribution format for each scenario, in the…
A: Lets understand the basics. Contribution margin income statement is a statement prepared by the…
Q: The Shoebottom Company has a maximum production capacity of 35,000 units per year. For that capacity…
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- Austin Co. plans to manufacture and sell electronic products. The projected data for producing its products for a typical year is as follows: Budgeted sales (in units) 1,200 Selling price per unit Variable costs per unit Total fixed costs $100 $80 $20,000 Income tax rate 20% Desired profits after tax $16,000 Required) Please answer the following questions and show all your works (formula and numbers) to get full credits. a. What are the contribution margin per unit and CM ratio? b. How many units (per year) would it have to produce in order to break even? c. To earn the desire after-tax profits, how many units (per year) would it have to sell/produce? d. Calculate the margin of safety ratio in the budgets amounts (per year) are sold. Define what is meant by the MOS. e. Calculate the degree of operating leverage if the budgets amount (per year) are sold. Define what is meant by the DOL.Kramer Enterprises reports year-end information from 2022 as follows: Sales (160,000 units) $960,000 Cost of goods sold 640,000 Gross margin 320,000 Operating expenses 260,000 Operating income $60,000 Kramer is developing the 2023 budget. In 2023 the company would like to increase selling prices by 8%, and as a result expects a decrease in sales volume of 10%. All other operating expenses are expected to remain constant. What is budgeted sales for 2023? A) $1,036,800 B) $1,066,666 C) $933,120 D) $864,000ABC, Inc., uses the absorption costing approach to cost-plus pricing described in the text to set prices for its products. Based on budgeted sales of 45,000 unit next year,the unit product cost of a particular product is 15.60. The company's selling,general,and administrative expenses for this product are budgeted to be 1,035,000 in total for the year. The company has invested 280,000 in this product and expects a return on investment of 11%. The selling price for this product based on the absorption costing approach would be closest to: a. 39.28 b. 17.32 c. 97.20 d. 38.60
- Martin Footwear produces high quality computer bags. The accountant has prepared the following budget information for 2019: Fixed costs (total) Manufacturing $2,500,000 Marketing and selling 250,000 Administrative 750,000 Total fixed costs $3,750,000 Other information Sales in dollars (total) $7,500,000 Selling price per unit $150 Variable manufacturing costs per unit $60 Variable selling costs per unit $10 Income tax rate 40% Required What is the break-even point for 2019 in units and in sales dollars? ( ignore income taxes) What is the projected net income before tax for 2019? How many computer bags will need to be sold to achieve a target profit, after taxes, of $3,000,000?Schylar Pharmaceuticals, Inc., plans to sell 130,000 units of antibiotic at an average price of $22 each in the coming year. Total variable costs equal $1,086,800. Total fixed costs equal $8,000,000. (Round all ratios to four significant digits, and round all dollar amounts to the nearest dollar.)Required:1. What is the contribution margin per unit? What is the contribution margin ratio?2. Calculate the sales revenue needed to break even.3. Calculate the sales revenue needed to achieve a target profit of $245,000.4. What if the average price per unit increased to $23.50? Recalculate:a. Contribution margin per unitb. Contribution margin ratio (rounded to four decimal places)c. Sales revenue needed to break evend. Sales revenue needed to achieve a target profit of $245,000Edward Food Processing Company is a wholesale distributor of biscuits in Holborn.The Company has achieved steady growth over the past few years while Biscuitprices have been on the increase. The Company is planning its budget for the nextfinancial year. Presented below are the data used to project the current year’s aftertax income of £110,400. £Average Sales Price per Box 4.00Average variable costs per Box Cost of Biscuits 2.00 Profit on sale 0.40 Total 2.40Annual fixed cost Selling 160,000 Administrative 280,000 Total 440.000Expected annual sales volume (390,000 boxes) £1,560,000Tax rate 20%Biscuit manufacturers have announced that they will increase prices of theirproducts by an average of 15% in the coming year due to increase in material andlabour costs. Edward Food Processing expects same rates or levels as the currentyear Required: (b) Calculate the Sales price per box that the company must charge to cover the15% increase in the costs of biscuits and still maintain the…
- If a company plans to sell 40000 units of product but sells 60000 units, the most appropriate comparison of the cost data associated with the sales will be by a budget based on O 60000 units of activity. O40000 units of activity. O the original planned level of activity. O 50000 units of activity.Photo Finish, Incorporated produces and sells picture frames. Variable costs are expected to be $17 per frame; fixed costs for the year are expected to total $130,000. The budgeted selling price is $25 per frame. The sales units required by Photo Finish to make a before-tax profit (πB) of $15,000 would be: Multiple Choice 16,850 units. 11,625 units. 20,675 units. 28,350 units. 18,125 units.Salalah Inc. sells a plastic products to wholesalers. The company's budget for the upcoming year revealed anticipated unit sales of 38500, a selling price of OMR 47, variable cost per unit of OMR 11, and total fixed costs of OMR 390000.what is the safety margin in units for Bahwan Inc.?
- Blitzle Inc has prepared the following budget data: Sales Volume 15,000 Unit Selling Price ₱750 Unit Variable Expenses ₱550 Fixed Manufacturing Expenses ₱1,600,000 Fixed Selling & Administrative Expenses ₱1,400,000 An advertising agency claims that an aggressive advertising campaign would enable the company to increase its unit sales by 25%. The maximum amount that the company can pay for advertising and obtain a net operating income of ₱350,000 would be ₱___________.In the current year, Becker Sofa Company expected to sell 12,000 leather sofas. Fixed costs for the year were expected to be $8,400,000; unit sales price was budgeted at $4,600; and unit variable costs were expected to be $2,200.Becker Sofa Company's margin of safety (MOS) in sales dollars is:I need an answer for the first question. (Letter A) Thank you!
