How can I Calculate the 3 Questions A101234Complete the following 3 Wk 3 Financial Exercises:Problem Set 2, Part 2 problems using the following ratios:56Sales level at which operating income is zero0If sales above breakeven, then profitIf sales below breakeven, then lossOTotal sales = total expensesBreak Even Point: Unit Sold = Fixed expenses + Operating7 Income / Contribution Margin per unitBreak Even Point: Sales $ = Fixed expenses + Operating8 Income / Contribution Margin Ratio9 Problem14O1. Calculate the break even number of units if the fixedexpenses are $7,000 and the contribution margin is $14 per10 unit.2. Calculate the break even sales dollars if the fixed11 expenses are $7,000 and the contribution ratio is 40%.3. Calculate the break even number of units with a targetprofit of $120,000 if the fixed expenses are $15,000 and the12 contribution margin is $60 per unit.1315K16esc17X✓ fx 1. Calculate the break even number of units if the fixed expenses are $7,000 and the contrABC18Fixed expenses = total contribution margin19Readyf1Index Wk 3 - Set 1, Part 2 Wk 3 - Set 2, Part 1Accessibility: Investigate46°FHeavy rain?f22f33€0*****III$4f5AnswerInsert your answer.Insert your answer.Insert your answer.%Wk 3 - Set 2, Part 2 Wk 3 Set 2, Part 3516 -^6f7O Search4+fg7*fg+8TeKAAf10(A9

The concepts of cost volume profit analysis will be used here. Break-even point is the point at…

Answered: 1. Calculate the break even number of…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 87PSB

See similar textbooks

Similar questions

Sales Price = P200Variable Cost Ratio = 40%Total Contribution Margin = P3,600,000Net profit ratio = 5%*Ignore tax implicationsUsing the following information, compute for the following:A. Total sales B. Variable cost per unit C. Contribution margin ratio D. Units sold E. Total fixed cost F. Break-even in volume G. Margin of safety H. Margin of safety ratio I. Total ExpensesJ. Total Profit
Question 3: CRS Company’s financial information is given in the table below. Year Sales (OMR) Fixed Costs Variable Costs 2019 405000 90000 225000 2020 450000 120000 240000 Calculate: P/V ratio, E.P. Sales required to earn a profit of OMR 40000. Margin of safety at a profit of OMR 50000 Profit when sales are OMR. 200000.
Sales Price = P200Variable Cost Ratio = 40%Total Contribution Margin = P3,600,000Net profit ratio = 5%*Ignore tax implicationsUsing the following information, compute for the following:E. Total fixed cost F. Break-even in volume G. Margin of safety H. Margin of safety ratio I. Total ExpensesJ. Total Profit
Ma4. Given: Selling price per unit Euros 96,00 € Total fixed Expenses Euros 106 000,00 € Variable Expenses per unit Euros 36,00 € Target profit Euros 23 000,00 € If Variable Expenses are reduced by : % 25% and if Total Fixed Expenses are increased by : % 15% Find sales in units to achieve target profit Units a. (23,000+106,000x(1/0.15))/(96-36x(1/0.25)) b. (23,000+106,000x(1+0.15))*(96-36x(1-0.25)) c. (23,000-106,000/(1+0.15))/(96-36x(1-0.25)) d. (23,000+106,000x(1+0.15))/(96-36x(1-0.25)) e. (23,000+106,000x(1+0.15))*(96+36x(1-0.25)) f. (23,000-106,000x(1+0.15))/(96-36x(1-0.25)) g. (23,000+106,000x(1/0.15))/(96-36x(1-0.25))
Understanding CVP relationships Calculate the missing amounts for each of thefollowing firms:Units Selling Variable Costs Contribution Fixed OperatingSold Price per Unit Margin Costs Income (Loss)Firm A 11,200 $24.00 ? $100,800 $41,300 ?Firm B 8,400 ? $18.20 ? 64,500 $32,940Firm C ? 7.30 4.20 10,850 ? (6,750)Firm D 4,720 ? 51.25 41,064 48,210 ?
Question: picture** A. What is Cullumber's contribution margin ratio? Its variable cost ratio? (Round ratios to 2 percentage places, e.g. 0.38 = 38%) Contribution margin ratio _____% Variable ratio ______% B1.) Compute breakeven sales. (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) Break even sales $_______ B2.) What is Cullumber's margin of safety? Margin of safety $_____ C.) If Cullumber's sales were to increase by $100,000 with no change in fixed expenses, by how much would operating income increase? (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) Net operating income will increase by $_______ D.) Cullumber's managers have determined that variable costs per unit will increase by 20% beginning next month. To offset this increase in costs, they are considering a 10% increase in the sales price. Market research indicates that the price increase will…
Page 4.1 NUBD Co.’s break-even sales are P528,000. The variable costs ratio to sales is 60%, while the net income percentage is 8%. Compute for the: a. Net income. b. Degree of operating leverage
A business has selling price of P 129.50 with an average variable cost of P 54.40. Fixed costs are P 1,400,000. Calculate the following: What is the breakeven sales revenue? Use 2 decimal places in computing CM Ratio (Answer the figures only; no decimal places)
The following pertained to Lomi Inc.: Product Sales Price Unit Variable Cost Projected sales A P50 P34 5,000 units B 20 15 25,000 units C 25 16 20,000 units Fixed costs amounted to P154,000. Instructions: 2. Describe its net income if the sales mix will be based on peso sales. Why is the result not applicable in aiding management in decision-making?
Kk.1. Subject :- Accounting Assume the following (1) selling price per unit = $30, (2) variable expense per unit = $18, and (3) total fixed expenses = $55,200. Given these three assumptions, the unit sales needed to achieve a target profit of $12,000 is: Multiple Choice 5,600 units. 17,600 units. 84,800 units. 67,200 units.
(e) Product Blue Product Red Selling $12.00 $24.00Variable cost $4.00 $8.00Contribution margin $8.00 $16.00Fixed costs apportioned $200,000 $400,00Budgeted Sales Units 140,000 60,000 Calculate the breakeven points, for each product and the company as a whole and comment on your findings f)Discuss the merits and demerits of the cost volume profit analysis (CVP)
3-20 Once a company exceeds its breakeven level, operating income can be calculated by multiplying:a. The sales price by unit sales in excess of breakeven units.b. Unit sales by the difference between the sales price and fixed cost per unit.c. The contribution margin ratio by the difference between unit sales and breakeven sales.d. The contribution margin per unit by the difference between unit sales and breakeven sales.©2016 DeVry/Becker Educational Development Corp. All Rights Reserved.Exercises3-21 CVP computations. Fill in the blanks for each of the following independent cases.Case RevenuesVariableCosts Fixed Costs Total CostsOperatingIncomeContributionMargin Percentagea. $600 $ 800 $1,600b. $2,500 $200 $ 900c. $ 500 $300 $ 500d. $1,200 $200 25%3-22 CVP computations. Garrett Manufacturing sold 410,000 units of its product for $68 per unit in 2017.Variable cost per unit is $60, and total fixed costs are $1,640,000.1. Calculate (a) contribution margin and (b) operating income.2.…

SEE MORE QUESTIONS

Recommended textbooks for you

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

SEE MORE TEXTBOOKS