1.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate:Unit production cost under variable costing.
2.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To prepare:Unit product cost under absorption
3.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate: Contribution margin.
4.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate:Net operating income under variable costing:
5.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate: Gross margin
6.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate: breakeven point in sales and dollar.
7.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate:The different between net operating income using variable costing and absorption
8.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate: Break even.
9.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate: Breakeven
10.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate:Company’s variable net operating income will be same.
11.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate:Company’s absorption net operating income
12.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate: breakeven point in sales and dollar.
13.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate: breakeven point in sales and dollar
14.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate:net operating income of east region increases by 5%
15.
Introduction: Break even analysis is used to determine the number of product or service a company has to sell to cover its total cost. Above the breakeven point the company will earn profit while below it the company will earn loss.
To calculate: Net profit will increase if the company sale increases
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Chapter 4 Solutions
MANAGERIAL ACCOUNTING FOR MANAGERS
- Evergreen Corporation (calendar-year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.) Date Placed in Asset Service Original Basis Machinery October 25 $ 120,000 Computer equipment February 3 47,500 Used delivery truck* August 17 Furniture April 22 60,500 212,500 *The delivery truck is not a luxury automobile. Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount. b. What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation and elects out of §179 expense? Depreciation $ 440,500arrow_forwardLina purchased a new car for use in her business during 2024. The auto was the only business asset she purchased during the year, and her business was extremely profitable. Calculate her maximum depreciation deductions (including §179 expense unless stated otherwise) for the automobile in 2024 and 2025 (Lina doesn't want to take bonus depreciation for 2024) in the following alternative scenarios (assuming half-year convention for all): (Use MACRS Table 1, Table 2, and Exhibit 10-10.) e. The vehicle cost $85,000, and she used it 20 percent for business. Year Depreciation deduction 2024 2025arrow_forwardLina purchased a new car for use in her business during 2024. The auto was the only business asset she purchased during the year, and her business was extremely profitable. Calculate her maximum depreciation deductions (including §179 expense unless stated otherwise) for the automobile in 2024 and 2025 (Lina doesn't want to take bonus depreciation for 2024) in the following alternative scenarios (assuming half-year convention for all): (Use MACRS Table 1, Table 2, and Exhibit 10-10.) b. The vehicle cost $85,000, and business use is 100 percent. Year Depreciation deduction 2024 2025arrow_forward
- What adjusting journal entry should be recorded to account for the expiration of this asset on these financial accounting question?arrow_forwardAssume that ACW Corporation has 2024 taxable income of $1,720,000 for purposes of computing the §179 expense. The company acquired the following assets during 2024 (assume no bonus depreciation): (Use MACRS Table 1, Table 2, and Table 5.) Asset Machinery Placed in Service September 12 Basis $ 492,000 Computer equipment Delivery truck February 10 August 21 Qualified real property (MACRS, 15 year, 150% DB) April 2 Total 92,000 115,000 1,402,000 $ 2,101,000 a. What is the maximum amount of §179 expense ACW may deduct for 2024? b. What is the maximum total depreciation that ACW may deduct in 2024 on the assets it placed in service in 2024? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. a. Maximum §179 expense for 2024 b. Maximum total deductible depreciation for 2024arrow_forwardSolve fastlyarrow_forward
- What is the return on common stockholders equity for these financial accounting question?arrow_forwardEvergreen Corporation (calendar-year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.) Date Placed in Asset Machinery Service October 25 Original Basis $ 120,000 Computer equipment February 3 47,500 Used delivery truck* August 17 Furniture April 22 60,500 212,500 The delivery truck is not a luxury automobile. Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount. a. What is the allowable depreciation on Evergreen's property in the current year, assuming Evergreen does not elect §179 expense and elects out of bonus depreciation? Depreciation $ 69,096arrow_forwardwhat is the question answer ? general accounting questionarrow_forward
- Financial Accountingarrow_forwardsubject: general accounting questionarrow_forwardNicole organized a new corporation. The corporation began business on April 1 of year 1. She made the following expenditures associated with getting the corporation started: Expense Date Amount Attorney fees for articles of incorporation February 10 $ 40,500 March 1-March 30 wages March 30 6,550 March 1-March 30 rent Stock issuance costs March 30 2,850 April 1-May 30 wages Note: Leave no answer blank. Enter zero if applicable. April 1 May 30 24,000 16,375 a. What is the total amount of the start-up costs and organizational expenditures for Nicole's corporation? Start-up costs Organizational expendituresarrow_forward
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