Determine PN ratio, fixed cost and BEP with the help of following information: Description Sales ( Lakhs) Profit ( Lakhs) 2014-15 2015-16 20.00 50.00 5.00 10.00
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- Using percentage of completion cost to cost input measure the gross profit in 2014 is a. P 60,000b. P 74, 429c. P 160,000d. P 225,714Calculate the gross margin for a product with a cost price of R350 that isselling for R503.13 (incl. VAT)A company has following details for this yearDetails Total sales($) Total cost($) Details Total sales($) Total cost($)Year ended 31/12/2018 35,78,998 25,89,709Year ended 31/12/2019 48,90,742 31,67,984 Calculate P/V ratio, Fixed cost, break even sales, Margin of safety 2018/2019, Variable cost 2018/2019and percent of fixed cost 2018/2019
- Calculate the cost per sale in 2017.Refine the forecast by using the historic growth in product revenue and service revenue from 2017 to 2018 to estimate 2019 products and service revenues respectively for the year 2019. Use historic growth in cost of revenue for each of the segments to forecast separate segment cost of revenue.Assuming that "Cost of Revenue" is the only variable cost, Net income is $18,485, and using the formula Revenue- Cost of Revenue – Fixed Costs = Net Income, what is Facebook's total fixed costs in 2019?
- Calculate the manufacturing cost per unit of HJ6 in 2017.Sohar 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.What is the net income for January 2020 under absorption costing? The selling price is P20.00 per unit
- Describe the LIFO double-extension method. Using thefollowing information, compute the index at December 31,2017, applying the double-extension method to a LIFOpool consisting of 25,500 units of product A and 10,350units of product B. The base-year cost of product A is$10.20 and of product B is $37.00. The price at December31, 2017, for product A is $21.00 and for product B is$45.60. (Round to two decimal places.)Additional data: Selling and Administrative expenses are 60% fixed and 40% variable A. What is the net income for 2020 under the variable costing method? B. What is the net income for 2020 under the absorption costing method? C. What is the net income for 2021 under the absorption costing method?If Actual sales are OMR 470000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)?