-Assume that you are working as an Accounting manager in Nizwa SAOG. One of your senior manager provided you the following data and asked you to find out the P/v ratio. Total production for the year 50000 units and closing stock at the end of the year 20,000 units . Fixed expenses OMR. 5000 and Break-even point OMR. 15,000 and selling price per unit OMR 1.500. O a. 2 O b. 0.77 O c. 0.16 O d. None of the given options

-Assume that you are working as an Accounting manager in Nizwa SAOG. One of your senior manager provided you the following data and asked you to find out the P/v ratio. Total production for the year 50000 units and closing stock at the end of the year 20,000 units . Fixed expenses OMR. 5000 and Break-even point OMR. 15,000 and selling price per unit OMR 1.500. O a. 2 O b. 0.77 O c. 0.16 O d. None of the given options

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings...

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Sales mix and margin of safety Use the data from E11-20. assume that 31.500 units of digital game players and 13.500 computer tablets were sold in the current year. Assuming no change in the sales mix, determine the following for Northwest Technology Inc. Round to one decimal place. Margin of safely for game players expressed as (a) units sold, (b) sales dollars, and (c) a percentage.
Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings total annual fixed costs are 38,400. If operating income last year was 28,800, what was the number of units Starling sold? a. 4,800 b. 6,400 c. 5,600 d. 11,200
Margin of safety Use the data from E11-12 and assume that break-even sales are $2,798 million. Determine the following for Molson-Coors Brewing Company. Round to one decimal place. Margin of safety expressed as a percentage.
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29- The economic production quantity (EPQ), produced by Al-Anaaqa Company, is 2200 units. The set up cost for each production run is BD 45.375. The annual holding cost per unit of inventory is BD 8 and the annual demand is 160,000 units. Find the total annual costs of inventory if the maximum inventory is 825 units. A. 3,600 B. 12,100 C. 6,600 D. 3,300
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1. The ordering costs related to a product are P12.50 per order. The cost of carrying one item of inventory for one year is P16. The business sells 40,000 units of the product evenly throughout the year. At EOQ, total ordering costs per year and total carrying costs per year, respectively, must be? 2. Data for Magaling Co.’s material X are as follows; annual usage : 12,600 units; Working days per year : 360 days normal lead time 20 days. The units of Material X are required evenly throughout the year. What is the reorder point?
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Suppose the marginal cost and marginal revenue (in ¢000) for a product produced by a company is estimated to be MC=q+35 MR=560+22q-q^2 Where q is the quantity produced and the firm’s break-even is 5 units per week You are Required to I. determine the total cost and the total revenue function in terms of q. II. estimate the output at which profit is maximize III. calculate the maximum profit
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15. Orion Company sells several products. Information of average revenue and costs is as follows: Selling price per unit $23 Variable cost per unit: Direct material $4.00 Direct manufacturing labor $1.60 Variable manufacturing Overhead $0.40 Sales commission $2.10 Annual fixed costs $100,000 The company sells 12,000 units at the end of the year. The contribution per unit is? a. $16.50 b. $14.90 c. $18.60 d. $19.00