Calculate the missing values. Express dollar values rounded to two decimal places and break-even volumes rounded up to the next integer. Fixed Cost (FC) per month Variable Cost (VC) per unit Selling Price (S) per unit Break-even Volume (x) per month Total Variable Cost at Break-even (TVC) per month Total Revenue (TR) per month at Break-Even $8,700.00 $26.00 $39.00 $129,000.00 $490.00 1,070 $740.00 $79.00 20 $34.00 $51.00 406

Calculate the missing values. Express dollar values rounded to two decimal places and break-even volumes rounded up to the next integer. Fixed Cost (FC) per month Variable Cost (VC) per unit Selling Price (S) per unit Break-even Volume (x) per month Total Variable Cost at Break-even (TVC) per month Total Revenue (TR) per month at Break-Even $8,700.00 $26.00 $39.00 $129,000.00 $490.00 1,070 $740.00 $79.00 20 $34.00 $51.00 406

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 11E

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Klamath Company produces a single product. The projected income statement for the coming year is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. 2. Suppose 10,000 units are sold above break-even. What is the operating income? 3. Compute the contribution margin ratio. Use the contribution margin ratio to compute the break-even point in sales revenue. (Note: Round the contribution margin ratio to four decimal places, and round the sales revenue to the nearest dollar.) Suppose that revenues are 200,000 more than expected for the coming year. What would the total operating income be?
When prices are rising (inflation), which costing method would produce the highest value 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)
Faldo Company produces a single product. The projected income statement for the coming year, based on sales of 200,000 units, is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Suppose that 30,000 units are sold above the break-even point. What is the profit? 2. Compute the contribution margin ratio and the break-even point in dollars. Suppose that revenues are 200,000 greater than expected. What would the total profit be? 3. Compute the margin of safety in sales revenue. 4. Compute the operating leverage. Compute the new profit level if sales are 20 percent higher than expected. 5. How many units must be sold to earn a profit equal to 10 percent of sales? 6. Assume the income tax rate is 40 percent. How many units must be sold to earn an after-tax profit of 180,000?
Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90. The companys monthly fixed expenses are $180,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of October when they will sell 10,000 units. How many units will Cadre need to sell in order to realize a target profit of $300,000? What dollar sales will Cadre need to generate in order to realize a target profit of $300,000? Construct a contribution margin income statement for the month of August that reflects $2,400,000 in sales revenue for Cadre, Inc.
If a company has fixed costs of $6.000 per month and their product that sells for $200 has a contribution margin ratio of 30%, how many units must they sell in order to break even? A. 100 B. 180 C. 200 D. 2,000
Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The companys monthly fixed expenses are $22,500. What is the companys break-even point in units? What is the companys break-even point in dollars? Construct a contribution margin income statement for the month of September when they will sell 900 units. How many units will Maple need to sell in order to reach a target profit of $45,000? What dollar sales will Maple need in order to reach a target profit of $45,000? Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.
Calculate the missing values. Express dollar values rounded to two decimal places and break-even volumes rounded up to the next integer. Fixed Cost (FC) per month Variable Cost (VC) per unit Selling Price (S) per unit Break-even Volume (x) per month Total Variable Cost at Break-even (TVC) per month Total Revenue (TR) per month at Break-Even $8,600.00 $24.00 $39.00 $127,000.00 $450.00 1,010 $730.00 $78.00 25 $31.00 $52.00 420
Data concerning Bon Corporation's single product appear below: Selling price per unit $ 180.00 Variable expense per unit $ 68.40 Fixed expense per month $ 130,200 The break-even in monthly dollar sales is closest to:
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 $446,600
The Little Rock Company shows fixed expense of $12150, an M/S ratio of 25%, and a C/M ratio of 30% for one month’s operations. Required: a. The break-even point in rupees b. Actual sales c. Profit for the month
Bear Publishing sells a nature guide. The following information was reported for a typical month: Total Per Unit Sales $ 17,600 $ 16.00 Variable expenses 9,680 Contribution margin 7,920 Fixed expenses 3,600 Net operating income $ 4,320 What is Bear's current break-even point in unit and dollars? (Round your intermediate calculations to 2 decimal places.)
Menlo Company manufactures and sells a single product. The company’s revenue andexpenses for the last quarter follow:Total Per UnitRevenue £ 450,000 £ 30Less variable cost 180,000 12Contribution margin 270,000 18Less fixed cost 216,000Profit £ 54,000Required(a) What is the quarterly break-even point in units sold and in revenue? (b) Without resorting to computations, what is the total contribution margin at thebreak-even point? (c) How many units would have to be sold each quarter to earn a target profit of£90,000? Use the unit contribution method. Verify your answer by preparing acontribution statement of profit or loss at the target level of revenue. A,B,C - has been answered - https://www.bartleby.com/questions-and-answers/menlo-company-manufactures-and-sells-a-single-product.-the-companys-revenue-and-expenses-for-the-las/6745038f-6bd1-4eb7-9f65-ce799a62eeb2 I need : (d) Refer to the original data. Compute the company’s margin of safety in both poundand percentage terms. (e) What…

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Fixed Cost (FC) per month	Variable Cost (VC) per unit	Selling Price (S) per unit	Break-even Volume (x) per month	Total Variable Cost at Break-even (TVC) per month	Total Revenue (TR) per month at Break-Even
$8,700.00	$26.00	$39.00
$129,000.00	$490.00		1,070
$740.00		$79.00	20
	$34.00	$51.00	406