Hello tutor provide solution Use the following data:Variable production costs $480,000Variable S and A costs $55,000Fixed S and A costs $100,000Fixed production costs $270,000Unit sales price $8Production in units 120,000Sales in units 110,000Under full costing, net income (loss) is:A. $37,500B. $15,000C. $(25,000)D. None of the above

Step 1: Define Full CostingFull costing is also known as absorption costing which is a technique to…

Answered: Use the following data: Variable…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter14: Capital Structure Management In Practice

Section14.A: Breakeven Analysis

Problem 7P

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For each of the three independent situations in given picture computes the missing amounts
Wesley's income statement is as follows: Sales (10,000 units) Less variable costs Contribution margin Less fixed costs Net income $150,000 - 48,000 $102,000 - 24,000 $ 78,000 What is the unit contribution margin? A. $12.00 B. $ 7.20 C. $ 4.80 D. $10.20
Based on analyzing the production cost (Y) to units produced (X), the following relationship was found: Y=$5,000+$20X. The $20 in the equation represents: Select one: Oa. Variable production costs per unit Ob. None of the answers given Oc Total variable production costs. O d. Total fixed production costs Oe. Fixed production costs per unit. Next page age
5) Sales are $500,000 and variable costs are $350,000. What is the contribution margin ratio? а. 43% b. 30% c. 70% d. Cannot be determined because amounts are not expressed per unit.
Consider the following cost and pricing data of ABC Corp. on its Product X:Price: P120.00.per unitProfit Contribution: P90.00Proposed additional Cost: P3 per unit (for quality improvement)Current Profits: P2.4 millionSales: 100,000 units. A. Assuming that average variable costs are constant at all output levels, findABC Corp.’s total cost function before the proposed change.B. Calculate the total cost function if the quality improvement is implemented. UNANSWERED SUB-PARTSC. Calculate ABC Corp.’s break-even output before and after the change, assuming it cannot increase its price.D. Calculate the increase in sales that would be necessary with the quality improvement to increase profits to P2.7 million
8) Ahmet Company has three products, A, B, and C. The following information is available: A B с Sales Variable costs Contribution margin Fixed costs: Avoidable Unavoidable Operating income $70,000 37,000 33,000 10,000 7.000 $16,000 $97,000 51.000 46,000 20,000 12,000 $14.000 $23,000 15,000 8,000 2,000 9.400 $ (3,400) Ahmet Company is thinking of dropping Product C because it is reporting a loss. Assuming Ahmet drops Product C and does NOT replace it, operating income will A) increase by $3,400 B) increase by $2,000 C) decrease by $6,000 D) decrease by $11,400
Answer Questions #11,12, and 13 using the information below: Projected Sales: 25,000 Average Sales Price per Unit: $ 56.00 Average Variable Cost per Unit: $ 38.00 Total Fixed Costs: $ $ 342,000 11) Which of the following statements is true? A) Profit in the amount of $108,000 and total costs equal $950,000 B) Loss in the amount of $108,000 and total costs equal $950,000 C) Profit in the amount of $108,000 and total costs equal $1,292,000 D) Loss in the amount of $108,000 and total costs equal $1,292,000 12) Break-even Units equals: A) 6,000 B) 14,000 C) 19,000 D) 22,000 13) If Budgeted Sales were $1,300,000, then the Margin of Safety in dollars is: A) $100,000 B) $236,000 C) $350,000 D) $578,000
Find the missing information Output Fixed Variable Total Costs Costs Cost of (units) Costs per unit stion Company 4000 50000 70000 ? ? A Select one: O a. Total cost 120000 cost per unit 15.5 O b. otal cost 120000 cost per unit 30 O c. Total cost 74000 cost per unit 18.5 O d. Total cost 54000 cost per unit 13.5
What is the correct choice? Datamatix Company has gathered the following data: Unit Sales Price Unit Variable Costs Unit Sales Product 1 $18.00 $10.00 24,500 Product 2 27.00 17.00 17,500 Product 3 35.00 28.00 28,000 Fixed costs are $233,280. The weighted-average breakeven point is a. 34,500 units. b. 28,800 units. c. 25,200 units. d. 29,900 units.
Analyzing Income under Absorption and Variable Costing Variable manufacturing costs are $86 per unit, and fixed manufacturing costs are $193,200. Sales are estimated to be 6,900 units. If an amount is zero, enter "0". Round intermediate calculations to the nearest cent and your final answers to the nearest dollar. a. How much would absorption costing operating income differ between a plan to produce 6,900 units and a plan to produce 9,200 units? X b. How much would variable costing operating income differ between the two production plans? ✓
Please answer quicklyX product; total sales quantity is 25, unit sales price is 1600 TL, unit variable expense is 1000 TL. (Total fixed expenses 120.000TL)What is the 'break-even point' of X according to uniform production? 2310143019

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