The following information is available from the accounting records of Eva Corporation Fixed costs per period are $4800 Sales volume for the last period was $19,360and vanable costs wore $13,552 Capacity per period is a sales volume of $32.000 Complete parts (a) through (d) below(a) Compute the following() the total contribution marginThe total contribution margin is(1) the contribution rateThe contribution rate is %(b) Compute the break-even point in the following ways()in sales dollarsThe break-even point in sales dollars is S() as a percent of capacityThe break-even point as a percent of capacity isN(c) Draw a detailed break-even chart Choose the correct graph belowOA.OB.Oc.32203242842432

Break-even point is the no loss no profit level of any firm.

The following information is available from the accounting records of Eva Corporation Fixed costs per penod are S4800 Sales volume for the last period was $19 360 and variable costs wore $13,552 Capacity per penod is a sales volume of $32.000 Complete parts (a) through (d) below (a) Compute the following () the total contribution margin The total contribution margin is $ () the contribution rate The contribution rate is (b) Compute the break-even pont in the following ways (0 in sales dolars The break even point in sales dollars is S () as a percent of capacity The break even point as a percent of capacity is N

The following information is available from the accounting records of Eva Corporation Fixed costs per penod are S4800 Sales volume for the last period was $19 360 and variable costs wore $13,552 Capacity per penod is a sales volume of $32.000 Complete parts (a) through (d) below (a) Compute the following () the total contribution margin The total contribution margin is $ () the contribution rate The contribution rate is (b) Compute the break-even pont in the following ways (0 in sales dolars The break even point in sales dollars is S () as a percent of capacity The break even point as a percent of capacity is N

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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The Mariachi Company prepared the following contribution format income statement based on a sales volume of 1,200 units (the relevant range of production is 500 units to 2,000 units): Sales 26,400Variable expenses 18,000Contribution margin 8,400Fixed expenses 6,200Net operating income 2,200 What is the break-even point in dollar sales?
The accountant for PNW, LLC has prepared a contribution format income statement. Assume that the following information is within the relevant range. Sales (9,000 units) Variable expenses Contribution margin Fixed expenses $540,000 405,000 135,000 130,500 Net operating income $ 4,500 Assuming that the information provided is within the relevant range, the contribution margin ratio is closest to:
Information concerning a product produced by Rundle Company appears as follows. Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs Required Determine the following: $ 171 $92 $ 505,600 a. Contribution margin per unit. b. Number of units that Rundle must sell to break even. c. Sales level in units that Rundle must reach to earn a profit of $205,400. a. Contribution margin per unit b. Break-even in units c. Required sales in units
Break-Even Sales and Cost-Volume-Profit Chart Last year Hever Inc. had sales of $1,000,000, based on a unit selling price of $400. The variable cost per unit was $320, and fixed costs were $88,000. The maximum sales within Hever Inc.'s relevant range are 3,200 units. Hever Inc. is considering a proposal to spend an additional $36,000 on billboard advertising during the current year in an attempt to increase sales and utilize unused capacity. Required: 1. Construct a cost-volume-profit chart on your own paper, indicating the break-even sales for last year. In your computations, do not round the contribution margin percentage. Break-even sales (dollars) Break-even sales (units) 2. Using the cost-volume-profit chart prepared in part (1), determine (a) the income from operations for last year and (b) the maximum income from operations that could have been realized during the year. In your computations, do not round the contribution margin percentage. Income from operations Maximum income…
The following information comes from the companies accounting records at a sales level of $50,000 units Sales price Variable costs per unit $10 Fixed costs per unit What is the contribution margin ratio? (express the answer as a percentage for example 0.435 = 43.5%) $17 $14
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 $ 15,000 9,000 6,000 3,120 $ 2,880 Net operating income 2. What is the contribution margin ratio? Contribution margin ratio
Hobbs Company produces one product for which following is information is available. Product A S per unit Selling price 6.00 Direct Material 2.50 Direct Labor 1.40 Variable overhead 1.10 $ 120,000 per annum Total Fixed cost Sales units 200,000 per annum |Required: a) Calculate contribution margin per unit. b) Calculate break even point in units. c) Calculate break even point in sales value d) Calculate profit for the year based on total contribution. e) Calculate Margin of safety in units and percentage of sales.
Given: The annual accounting data for 2018, presented below. : 1500K$ : 1000K$ Fixed factory overhead : 300K$ Variable factory overhead: 200KS Fixed admin costs : 500K$ Variable admin costs : 250KS : 400K$ 50KS :6000K$ Direct material Direct labour Sales salaries Sales commissions Sales Revenues Required: Write an income statement for the data given above, using a) the gross margin technique, and b) the contribution margin technique
Graham Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (1,000 units) Variable expenses Contribution margin Fixed expenses Net operating income O 0 units O 895 units The break-even point in unit sales is closest to: (Round your intermediate calculations to 2 decimal places.) 700 units $ 50,000 O 650 units 32,500 17,500 12,250 $ 5,250
Restate the following income statement in contribution margin format. (Round answers to 2 decimal places, e.g. 15.25 or 15.25%.) Sales ($59 per unit) $ 8,260.00 Less cost of goods sold ($40 per unit) 5,600.00 Gross margin 2,660.00 Less operating expenses: Salaries $839.00 Advertising 450.00 Shipping ($1.14 per unit) 159.60 1,448.60 Operating income $ 1,211.40 PER UNIT RATIO Select an income statement item $Enter a dollar amount $Enter a dollar amount enter percentages % Select between addition and deduction Select an opening name for section one : Select an income statement item $Enter a dollar amount…
Compute the missing amounts for the following table: Compute the missing amounts. ( Enter the contribution margin ratio to the nearest percent, X%)
Subject: acounting

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