Required information[The following information applies to the questions displayed below.]Information for Pueblo Company follows:Sales RevenueLess: Total Variable CostContribution MarginWeighted average CM ratioProduct A Product B$ 60,000$ 31,490$ 28,510Required:Determine Pueblo's (overall) weighted-average contribution margin ratio.Note: Do not round intermediate calculations.%$ 57,000$ 11,800$ 45,200

Contribution margin ratio is the one which is determined by the entity for the purpose of knowing…

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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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Prepare an Excel worksheet that illustrates cost-volume-profit (CVP) analysis, also referred to as breakeven analysis. Assume that a particular product sold at Astro Ltd a US toy company has a sales price per unit of $4.00; variable cost per unit of $2.20; and total fixed cost of $90,000. 1) Calculate the contribution margin per unit, the break-even point in units of sales, and the break-even point in dollars of sales. In the input area, show sales price per unit, variable cost per unit, and total fixed cost. In the output area, show contribution margin per unit, breakeven point in units, and breakeven point in dollars computed using appropriate formulas. 2) Assume that the planning team at Astro Ltd estimates that for the next planning period selling price for this product will increase 40%; variable expenses will decrease 25%; and that total fixed cost will decrease 25%. Compute the new values for sales price per unit, variable cost per…
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Following information is related to Product X of Zempa Company: Current replacement cost $230 Cost to distribute $42 Historical cost Normal profit margin Selling price $215 $36 $245 If lower-of-cost-or-market rule (LCM Rule) is applied, then the value of Product X that would be reported in the balance sheet is: a.
The following information is available for Sunland Department Stores: Average operating assets Controllable margin Contribution margin Minimum rate of return What is Sunland's residual income? O $59200 O. $160800 O $10800 O $670000 $740000 70000 220000 8%
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The following CVP income statements are available for Sunland Company and Carla Vista Company: Sunland Company Carla Vista Company Sales revenue $370,000 $370,000 Variable costs 222,000 74,000 Contribution margin 148,000 296,000 Fixed costs 98,000 246,000 Operating income $50,000 $50,000 (a) Calculate the break-even point in dollars and the margin of safety ratio for each company. (Round break-even point to the nearest whole dollar, e.g. 5,275 and margin of safety ratio to 2 decimal places, e.g. 15.25%.) Sunland Company Carla Vista Company Break-even point $ $ Margin of safety ratio de % %
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 812,500 552,500 260,000 134,000 126,000 54,000 $ 72,000 1. Dollar sales for company to break even 2. Dollar sales for North segment to break even 3. Dollar sales for South segment to break even North $ 650,000 520,000 130,000 67,000 $ 63,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the North region. 3. Compute the break-even point in dollar sales for the South region. South $ 162,500 32,500 130,000 67,000 $ 63,000 Note: For all requirements, round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar.
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 900,000 630,000 270,000 132,000 1. Dollar sales for company to break even 2 Dollar sales for North segment to break even 3. Dollar sales for South segment to break even 138,000 57,000 $ 81,000 North $ 675,000 540,000 135,000 66,000 $ 69,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the North region. 3. Compute the break-even point in dollar sales for the South region. South $ 225,000 90,000 135,000 66,000 $ 69,000 Note: For all requirements, round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar.
Assume the following financial data pertains to a certain single-product lodging business:Room Sales - $400,000Total Variable - $260,000Costs Contribution Margin - $140,000Total Fixed Costs - $ 76,000IBIT - $ 64,000Based on the financial data provided, the contribution margin percentage is __________ percent.
Required information [The following information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 40,000 26,000 14,000 8,680 $5,320 9. What is the break-even point in dollar sales? Break-even point

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