module 6 hw

Activity 2: Complete me! Directions: Fill in the needed data to complete the table below. Unit B.E.P in B.E.P in Selling Price per Unit Variable Cost per Unit Total Fixed Cost Contributio Units Pesos n Margin P19,500.00 P15.00 P13.00 P960.00 P18.00 P15.00 P24.00 P3.00 69 P34.00 P3.00 150 P27.00 P5.00 100 2. 3. 4.

1. prepare an estimated income statement for 20Y7.

ACCOUNT

Solve thi question financial accounting

G http Chapter Review My... Sales price Contribution margin ratio Fixed costs Tra.. Vernon Company reported the following data regarding the product it sells: a. Break-even point in dollars a. Break-even point in units b. Sales in dollars b. Sales in units c. Break-even point in dollars c. Break-even point in units $60 Man... $ 10% $216,000 M Questio... Required Use the contribution margin ratio approach and consider each requirement separately. b Ans... 2,160,000 36,000 Bes... Saved a. What is the break-even point in dollars? In units? b. To obtain a profit of $54,000, what must the sales be in dollars? In units? c. If the sales price increases to $72 and variable costs do not change, what is the new break-even point in dollars? In units? US fron.

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A1 fx Chapter 5: Applying Excel A В 1 Chapter 5: Applying Excel 2 3 Data 20,000 units $60 per unit $45 per unit $270,000 4 Unit sales 5 Selling price per unit 6 Variable expenses per unit 7 Fixed expenses 8 9 Enter a formula into each of the cells marked with a ? below 10 Review Problem: CVP Relationships 11 12 Compute the CM ratio and variable expense ratio 13 Selling price per unit 14 Variable expenses per unit 15 Contribution margin per unit $60 per unit 45 per unit $15 per unit 16 17 CM ratio 25% 18 Variable expense ratio 75% 19 20 Compute the break-even 18,000 units $1,080,000 21 Break-even in unit sales 22 Break-even in dollar sales 23 24 Compute the margin of safety 25 Margin of safety in dollars 26 Margin of safety percentage 120,000 10% 27 28 Compute the degree of operating leverage $ 1,200,000 900,000 300,000 $270,000 $ 29 Sales 30 Variable expenses 31 Contribution margin 32 Fixed expenses 33 Net operating income 30,000 34 35 Degree of operating leverage 10.00 36 %24

What is the unit contribution margin on these accounting question?

Assume the following: 1. selling price per unit = $25 2. variable expense per unit = $13 3. the total fixed expenses = $20,000 4. net operating income = $14,200 Given these four assumptions, unit sales must be: Multiple Choice 3,420 units. 1,200 units. 2,342 units. 2,850 units.

Determine the missing amounts.     Unit SellingPrice   Unit VariableCosts   Unit ContributionMargin   Contribution MarginRatio 1.   $750     $375     $    (a)      % (b) 2.   $450     $    (c)   $153        % (d) 3.   $    (e)   $    (f)   $760     40  %

Determine the missing amounts UNIT SELLING PRICE UNIT VARIABLE COSTS UNIT CONTRIBUTION MARGIN CONTRIBUTION MARGIN RATIO $550 $330 (a)$___ (b) ___% $250 (c) $___ $110 (d) ___% (e) $___ (f) $___ $960 40%

A7 please help.......

PA1. 10.1 When prices are rising (inflation), which costing method would produce thehighestvalue for gross margin? Choose between first-in, first-out (FIFO); last-in, first-out (LIFO); and weighted average (AVG). Evansville Company had the following transactions for the month. Number of Units Cost per Unit $6,000 7,000 7,500 Purchase 2 Purchase 3 Purchase 4 Calculate the gross margin for each of the following cost allocation methods, assuming A62 sold just one unit of these goods for $10,000. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)

I'se the following information to answer questions 1-6. Selling price per unit Luriable manufacturing cost per unit Fixed manufacturing cost per unit V'ariable selling cost per unit Fixed selling cost per unit Expected production and sales P100 20 30 25 10 1,000 units 1. Contribution margin per unit is a. P50 b. P55 с. Р80 d. P15 2. The contribution margin ratio is a. 45% b. 50% c. 55% d. 15%

Please help solve,

Assume the following information:VolumeTotal Cost100 units$1,30090 units1,500106 units1,750What is the variable cost per unit? (Round answer to three decimal places.)a. $28.125b. $15.625c. $20.178d. $13.175

Assume in each case that the selling expenses are $9 per unit and that the normal profit is $6 per unit. Calculate the limits for each case. Then enter the amount that should be used for lower of cost or market.     Selling Price   Upper Limit   Replacement Cost   Lower Limit   Cost   LCM (a)   $63     $     $44     $     $53   $   (b)   52         35         39     (c)   59         44         45     (d)   54         38         36

Question 4

Need help with this question solution general accounting

EXERCISE l: BREAK EVEN POINT IN UNITS AND IN REVENUE Unit selling price 248.00 Unit variable costs (6.00) ($300,000-50,000) $2.00 Unit contribution margin Fixed Costs: $100,000 Calculate the following: 1. Break-even point in units 2. Break-even point in revenue EXERCISE 2: BREAK-EVEN POINT IN UNITS AND IN REVENUE Using the information in Exercise 1, if rent were iıncreased by S25,000 and variable costs and unit selling price remained unchanged, what would be the new PV ratio and break- even point in units and in revenue?

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Find expressions for the Revenue, Cost, and Profit from selling x thousand items. 2) Item Price Fixed Cost Variable Cost $3.00 $31,471 3775x

Q2: Fill in the missing amounts in each of the four case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) Case Units Sales Variable Sold Contribution Expenses Margin per Unit Fixed Net Expenses Operating Income A 20,000 $300,000 $220,000 ? $45,000 ? B 12,000 ? $120,000 $15 ? $18,000 Case Sales Variable Average Fixed Net Operating Expenses Contribution Expenses Income Margin Ratio с D $900,000 ? 40% ? $125,000 ? ? 45% $120,000 $37,500 Required: 1. Cases A and B assume that only one product is being sold. 2. Cases C and D assume that more than one product is being sold.

Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (13,200 units × $20 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 264,000 132,000 132,000 147,000 $ (15,000) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales. 2. The president believes that a $6,700 increase in the monthly advertising budget, combined with an intensified effort by the sales staff, will result in an $84,000 increase in monthly sales. If the president is right, what will be the increase (decrease) in the company's monthly net operating income? 3. Refer to the original data. The sales manager is convinced that a 10% reduction in the selling price, combined with an increase of $31,000 in the monthly advertising budget, will double unit…

Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3? (Do not round intermediate calculations.) Break-even point in units Break-even point in dollar sales

In the cost-volume- profit graph (above), what is represented by the point marked "A"?   Question 1 options:   Breakeven point   Fixed expenses   Operating income area   Operating loss area