The following information is for Alex Corp:Product X: RevenueVariable CostProduct Y: RevenueVariable CostTotal fixed costs$12.00$4.50$25.00$10.00$40,500What is the operating income, assuming actual sales total 120,000 units, and the sales mix is two units of Product X and one unit of Product Y?1,960,0001,240,5001,200,0001,159,500

To calculate the operating income, we will be using the following steps: Step 1: Calculate the…

Answered: The following information is for Alex…

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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Pharoah Corp. had total variable costs of $179,400, total fixed costs of $74,400, and total revenues of $260,000.Compute the required sales dollars to break even. Required sales $ enter the required sales in dollars
Teague Co. reports the following data: Sales $489,300 Variable costs 278,900 Contribution margin $210,400 Fixed costs 170,700 Income from operations $39,700 Determine Teague Co.’s operating leverage. Round your answer to one decimal place.fill in the blank 1
1. What would be the gross margin for FPD if it accepted the transfer price that will be charged by CD?
Rings company has three product lines A, B and C. The following financial information is available:
Please do not give solution in image format thanku
The following information is for Bullwinkle Industries Inc.: Line Item Description East West Sales volume (units): Product Alpha 45,000 38,000 Product Omega 60,000 50,000 Sales price: Product Alpha $500 $600 Product Omega $250 $225 Variable cost per unit: Product Alpha $275 $275 Product Omega $140 $140 a. Determine the contribution margin for the East Region and West Region.East Region: fill in the blank 1 of 2$West Region: fill in the blank 2 of 2$ b. Determine the contribution margin ratio for the East Region and West Region. Round the contribution margin ratio to one-tenth of a percent.East Region: fill in the blank 1 of 2%West Region: fill in the blank 2 of 2%
Blane Company has the following data: Total sales $800,000 Total variable costs $300,000 Fixed costs $200,000 Units sold 50,000 units What will operating income be if units sold double to 100,000 units?
Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $374,700 $1,056,000 Variable costs 150,300 633,600 Contribution margin $224,400 $422,400 Fixed costs 158,400 246,400 Income from operations $66,000 $176,000 a. Compute the operating leverage for Beck Inc. and Bryant Inc. If required, round to one decimal place. Beck Inc. Bryant Inc. b. How much would income from operations increase for each company if the sales of each increased by 20%? If required, round answers to nearest whole number. Dollars Percentage Beck Inc. $ % Bryant Inc. $ %
Smith Corporation has variable costs equal to $5.10 per unit, fixed costs of $11,000, and total output equal to 240 units. What is the total cost? Multiple Choice $9,776 O $11,000 $12,224 $15,110 $17,224
(e) Product Blue Product Red Selling $12.00 $24.00Variable cost $4.00 $8.00Contribution margin $8.00 $16.00Fixed costs apportioned $200,000 $400,00Budgeted Sales Units 140,000 60,000 Calculate the breakeven points, for each product and the company as a whole and comment on your findings f)Discuss the merits and demerits of the cost volume profit analysis (CVP)
The Tom Company reports the following data. Sales $181,203 Variable costs 94,503 Fixed costs 35,700 Determine Tom Company's operating leverage. Round your answer to one decimal place.

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