3 Break-even Point in units 9 0 1 Break-even in dollars 2 $424,594 23 24 849.19 25 26 Reconciliation of NOI 27 NOI variable = 128 +fixed MOH per unit change in inventory * 429 equals NOI absorption. 430 Margin of Safety in units 176.54 Margin of Safety in dollars $88,267.70 Margin of Safety percentage 17.21% 24.47 $ 23,991.79 227.71 $ 5.573.14 $ 29,564.93
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Breakeven point where from/how calculated is the breakeven point?
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- P8.6 (LO 3) (Compute FIFO, LIFO, Average-Cost—Periodic and Perpetual) Ehlo Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction Quantity Price/Cost 1/1 Beginning inventory 1,000 $12 2/4 Purchase 2,000 18 2/20 Sale 2,500 30 4/2 Purchase 3,000 23 11/4 Sale 2,200 33 Instructions Compute ending inventory AND cost of goods sold, assuming Ehlo uses: Perpetual system, LIFO cost flow. Periodic system, weighted-average cost flow. Perpetual system, moving-average cost flow.Problem: AAA Company produces and sells Product X: Annual Demand 24,000 units Annual cost to held one unit of inventory P11.52 Order Cost P38.40 Beg. Inventory P 0 a. What is the Economic Order Quantity? b. How much is the total Order Costs? c. How much is the total Carrying Costs?P8.6 (LO 3) (Compute FIFO, LIFO, Average-Cost—Periodic and Perpetual) Ehlo Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye.Date Transaction Quantity Price/Cost1/1 Beginning inventory 1,000 $122/4 Purchase 2,000 182/20 Sale 2,500 304/2 Purchase 3,000 2311/4 Sale 2,200 33Instructions Compute ending inventory AND cost of goods sold, assuming Ehlo uses: a. Periodic system, FIFO cost flow. b. Perpetual system, FIFO cost flow. c. Periodic system, LIFO cost flow. d. Perpetual system, LIFO cost flow. e. Periodic system, weighted-average cost flow. f. Perpetual system,…
- 35) What is the inventory at the end of the first quarter? A) 725 B) 525 C) 50 D) 75 36) What is the binary constraint at the end of the third quarter? A) 75 B) 200 C) 450 D) 0 37) What is the net production at the end of the first quarter? A) 75 B) 200 C) 450 D) 600 Please answer all questions thanks.Selling price per unit 14 current sales 25,249 break – even sales 20,735 Compute the margin of safety in dollars. Enter only the amount of the margin of safety in the box provided below. Enter the amount only do not enter letters, words, dollar signs, or the calculation.Problem 12a: Fullerton IV Company has had a policy of reordering inventory every 30 days. Using the data below, what is the economic order quantity EOQ? Ordering cost F $10 per order Carrying cost C 20% of purchase price Purchase price P $10 per unit Total sales per year S 1,000 units Safety stock 0 Days per year 360 Problem 12b: Continuing with the previous question, what is the total inventory cost, TIC? Problem 12c: Continuing with the previous questions, how many orders should Fullerton place per year?
- 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. 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)10. In a period of rising prices, the FIFO method of costing inventory results in income tax savings for companies. Select one: True False 11. When prices increase, FIFO reports higher gross profit and net incomethan LIFO. Select one: True False 12. A debit memo represents a decrease to accounts payable and therefore results in less money owed to the seller. Select one: True FalseCompute the Break-Even Point [LO5–5] Mauro Products distributes a single product, a woven basket whose selling price is $15 and whose variable expense is $12 per unit. The company’s monthly fixed expense is $4,200. Required: 1. Solve for the company’s break-even point in unit sales using the equation method. 2 . Solve for the company’s break-even point in dollar sales using the equation method and the CM ratio. 3. Solve for the company’s break-even point in unit sales using the formula method. 4 . Solve for the company’s break-even point in dollar sales using the formula method and the CM ratio.
- Data concerning Follick Corporation's single product appear below: Selling price per unit $ 110.00 Variable expense per unit $ 30.80 Fixed expense per month $ 321,552 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1,148,400 $638,851 $321,552 $446,600vi) If cost of goods sold increases 20%, fixed selling expense decreases RM10,000 and selling price decreases 10%, calculate the profit/loss for DSRSB. (CLO3, C4) vii) Calculate the additional sales volume required to meet RM 10,500 additional administrative expenses to maintain the original profit. (CLO3, C4)46. What would the amount of cost of sales be in the following scenario? Purchases returns, R8 000; Freight costs, R4 800; Sales, R320 000; Closing inventory, R25 000; Purchases, R40 000 and Opening inventory, R25 000. A. R32 000 B. R36 800 C. R40 000 D. R283 200