Prepare a CVP income statement for the break-even point.◄►LATotalWILDHORSE COMPANYCVP Income Statement$tAPer UnitPercent of Sales%%do% Wildhorse Company has the following information available for September 2022.Unit selling price of video game consolesUnit variable costsTotal fixed costsUnits sold$470$329$50,760600

Introduction Cost volume profit analysis is a planning procedure used by management to forecast how…

Answered: Wildhorse Company has the following…

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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eBook Sales Mix and Break-Even Analysis Heyden Company has fixed costs of $989,920. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit $230 Yankee Zoro Show Me How a. Product Model Yankee b. Product Model Zoro $510 390 The sales mix for products Yankee and Zoro is 40% and 60%, respectively. Determine the break-even point in units of Yankee and Zoro. units 270 units $280 Check My Work 2 more Check My Work uses remaining. 120 Previous Ne
REQUIRED Calculate the number of orders that should be placed based on the quantity that will keep the cost of placing the orders and the holding costs at a minimum. INFORMATION The following information was supplied by KL Suppliers for the only product that it sells: Monthly demand Unit cost Fixed cost per order Carrying cost per unit EOQ 300 units R20 R25 10% of the unit cost 300 units
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NEED ANSWER FOR ALL OR SKIP PLEASE DO NOT SAY ABOUT YOUR GUIDELINES PROVIDE COMPLETE CORRECT WELL EXPLAINED FORMULATED ANSWER FOR ALL PARTS Disk City, Inc., is a retailer for digital video disks. The projected net income for the current year is $2,370,000 based on a sales volume of 270,000 video disks. Disk City has been selling the disks for $17 each. The variable costs consist of the $4 unit purchase price of the disks and a handling cost of $2 per disk. Disk City’s annual fixed costs are $600,000.Management is planning for the coming year, when it expects that the unit purchase price of the video disks will increase 20 percent. (Ignore income taxes.)Required:1. Calculate Disk City’s break-even point for the current year in number of video disks. (Round your final answer up to nearest whole number.)2. What will be the company’s net income for the current year if there is a 15 percent increase in projected unit sales volume?3. What volume of sales (in dollars) must Disk City achieve…
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Question 4. Flopper Engines Ltd assembles and sells ship engines. In September and October 2016, the selling price per engine was £15,000. Further data for October and September are: September October Unit data Opening inventory 100 Production 250 250 Sales 150 290 Variable cost data Manufacturing cost per unit £6,800 £6,800 Fixed cost data Manufacturing costs Marketing costs £850,000 £250,000 £850,000 £250,000 REQUIRED: Calculate the operating income for September using (a) (b) (c) Variable (marginal) costing Full (absorption) costing Explain why there is a difference in profit between the two costing approaches. Why might the manager of the Mountain Climbing division prefer one method over the other when preparing his internal report to the CFO?
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Wildhorse Company has the following information available for September 2022. Unit selling price of video game consoles Unit variable costs Total fixed costs Units sold $470 $329 $50,760 600