Dennis Ltd makes a single product, the Flair. Over the next period, period 1, DennisLtd plans to sell 4,200 Flairs. Revenue and cost data for period 1 are shown below:Sales (4,200 units)MaterialsVariable labour costsVariable overheadsFixed overheadsProfit£483,000140,000170,00082,70086,0004,300 O Calculate total contribution and contribution per unit.O Calculate break-even point in units and sales (£).O Calculate the margin of safety in units and percentage of sales.O Calculate how many units would need to be sold to make £7,500 proO Calculate how much profit would be made if 5,000 units were sold.

Name: Dennis Ltd makes a single product, the Flair. Over the next period, p
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Description: Dennis Ltd makes a single product, the Flair. Over the next period, period 1, DennisLtd plans to sell 4,200 Flairs. Revenue and cost data for period 1 are shown below:Sales (4,200 units)MaterialsVariable labour costsVariable overheadsFixed overheads

1- Calculation of total contribution and contribution per unit. Contribution= sales - variable…

Business

Accounting

Dennis Ltd makes a single product, the Flair. Over the next period, period 1, Dennis Ltd plans to sell 4,200 Flairs. Revenue and cost data for period 1 are shown below: Sales (4,200 units) Materials Variable labour costs Variable overheads Fixed overheads Profit £ 483,000 140,000 170,000 82,700 86,000 4.300

Dennis Ltd makes a single product, the Flair. Over the next period, period 1, Dennis Ltd plans to sell 4,200 Flairs. Revenue and cost data for period 1 are shown below: Sales (4,200 units) Materials Variable labour costs Variable overheads Fixed overheads Profit £ 483,000 140,000 170,000 82,700 86,000 4.300

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...

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