Compute operating profit.

Question

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Answer 1

Question

Chapter 3, Problem 30E

a.

To determine

Compute operating profit.

b.

To determine

Compute operating profit, if the sales price decreases by10 percent and increases by 20 percent.

c.

To determine

Compute operating profit, if variable cost decreases by10 percent and increases by 20 percent.

d.

To determine

Compute operating profit, if fixed cost is 20% lower and variable cost is 10% higher.

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Chapter 15 Homework 13 Saved Help Save & Exit Submit Part 1 of 2 0.83 points eBook Ask Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,800 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 49,000 24,400 73,400 9,420 $ 82,820 c. Time tickets show the following labor used for the month. Print References Job 201 $ 40,000 Job 202 13,400 Total direct labor 53,400 25,000 $ 78,400 Indirect labor Total labor used d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $166,160 on credit. g. Incurred the following actual other…

quesrion 2

Anti-Pandemic Pharma Co. Ltd. reports the following information in its income statement: Sales = $5,250,000; Costs = $2, 173,000; Other expenses = $187,400; Depreciation expense = $79,000; Interest expense= $53,555; Taxes $76,000; Dividends $69,000. $136,700 worth of new shares were also issued during the year and long-term debt worth $65,300 was redeemed. a) Compute the cash flow from assets b) Compute the net change in working capital (325 marks)

Answer 2

Question

Chapter 3, Problem 30E

a.

To determine

Compute operating profit.

b.

To determine

Compute operating profit, if the sales price decreases by10 percent and increases by 20 percent.

c.

To determine

Compute operating profit, if variable cost decreases by10 percent and increases by 20 percent.

d.

To determine

Compute operating profit, if fixed cost is 20% lower and variable cost is 10% higher.

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Answer 3

Question

Chapter 3, Problem 30E

a.

To determine

Compute operating profit.

b.

To determine

Compute operating profit, if the sales price decreases by10 percent and increases by 20 percent.

c.

To determine

Compute operating profit, if variable cost decreases by10 percent and increases by 20 percent.

d.

To determine

Compute operating profit, if fixed cost is 20% lower and variable cost is 10% higher.

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Answer 4

Question

Chapter 3, Problem 30E

a.

To determine

Compute operating profit.

b.

To determine

Compute operating profit, if the sales price decreases by10 percent and increases by 20 percent.

c.

To determine

Compute operating profit, if variable cost decreases by10 percent and increases by 20 percent.

d.

To determine

Compute operating profit, if fixed cost is 20% lower and variable cost is 10% higher.

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Answer 5

Chapter 3, Problem 30E

a.

To determine

Compute operating profit.

b.

To determine

Compute operating profit, if the sales price decreases by10 percent and increases by 20 percent.

c.

To determine

Compute operating profit, if variable cost decreases by10 percent and increases by 20 percent.

d.

To determine

Compute operating profit, if fixed cost is 20% lower and variable cost is 10% higher.

Answer 6

Chapter 3, Problem 30E

a.

To determine

Compute operating profit.

Answer 7

Chapter 3, Problem 30E

a.

To determine

Compute operating profit.

Answer 8

b.

To determine

Compute operating profit, if the sales price decreases by10 percent and increases by 20 percent.

Answer 9

b.

To determine

Compute operating profit, if the sales price decreases by10 percent and increases by 20 percent.

Answer 10

c.

To determine

Compute operating profit, if variable cost decreases by10 percent and increases by 20 percent.

Answer 11

c.

To determine

Compute operating profit, if variable cost decreases by10 percent and increases by 20 percent.

Answer 12

d.

To determine

Compute operating profit, if fixed cost is 20% lower and variable cost is 10% higher.

Answer 13

d.

To determine

Compute operating profit, if fixed cost is 20% lower and variable cost is 10% higher.

Answer 14

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Answer 15

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Answer 16

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Answer 17

Ch. 3 - Write out the profit equation and describe each...Ch. 3 - What are the components of total costs in the...Ch. 3 - How does the total contribution margin differ from...Ch. 3 - Compare cost-volume-profit (CVP) analysis with...Ch. 3 - Fixed costs are often defined as fixed over the...Ch. 3 - Prob. 6RQ Ch. 3 - What is the margin of safety? Why is this...Ch. 3 - Prob. 8RQ Ch. 3 - Write out the equation for the target volume (in...Ch. 3 - How do income taxes affect the break-even...

Compute operating profit.

Compute operating profit.

Compute operating profit, if the sales price decreases by10 percent and increases by 20 percent.

Compute operating profit, if variable cost decreases by10 percent and increases by 20 percent.

Compute operating profit, if fixed cost is 20% lower and variable cost is 10% higher.

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Chapter 3 Solutions