E19-8 All/That Blooms provides environmentally friendly lawn services for homeowners Its operating costs are as follows. Depreciation Advertising Insurance $1,400 per month $200 per month month $2,000 per lawn $12 per $10 per lawn $2 per lawn Weed and feed materials Direct labor Fuel All That Blooms charges $60 per treatment for the average single-family lawn. Instructions Determine the company's break-even point in (a) number of lawns serviced per month and (b) dollars.
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- Blossom provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation (straight-line) $1,500 per month Advertising $350 per month Insurance $3,610 per month Weed and feed materials $20 per lawn Direct labor $7 per lawn Fuel $1 per lawn Blossom charges $80 per treatment for the average single-family lawn. For the month ended July 31, 2022, the company had total sales of $9,600.Oriole provides enivronmentally friendll laswn services for homeownders. Its operating costs are as follows: depreciation (straight-line) $1500 per month advertising $400 per month insurance $3560 per month weed and feed materials $24 per lawn dircet labor $3 per lawn fuel $1 per lawn Oriole charges $80 per treatment for the average single family lawn. For the month ended July 31, 2022, the company had total sales of $9600. Prepare a CVP Income statement for the month ended July 31,2022.All That Blooms provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation $ 1,400 per month Advertising $ 3,283 per month Insurance $ 1,200 per month Weed and feed materials $ 14 per lawn Direct labor $ 11 per lawn Fuel $ 3 per lawn All That Blooms charges $ 81 per treatment for the average single-family lawn. Determine the company’s break-even point in number of lawns serviced per month. Break-even point enter the break-even point in number of lawns serviced per month lawns Determine the company’s break-even point in dollars. (Round answer to 0 decimal places, e.g. 1,225.) Break-even point $enter the break-even point in dollars rounded to 0 decimal places
- Oriole provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation $1,500 per month Advertising $100 per month Insurance $4,035 per month Weed and feed materials $17 per lawn Direct labor $3 per lawn Fuel $1 per lawn Oriole charges $70 per treatment for the average single-family lawn. (A) Determine the company’s break-even point in number of lawns serviced per month. Break-even point Type your answer here lawns (B) Determine the company’s break-even point in dollars. Break-even point $Type your answer hereP10-7 Self-Construction Olson Machine Company manufactures small and large milling machines. Selling prices of these machines range from $35,000 to $200,000. During the 5-month period from August 1, 2019, through December 31, 2019, Olson manufactured a milling machine for its own use. This machine was built as part of the regular production activities. The project required a large amount of time from planning and supervisory person-nel, as well as that of some of the company’s officers, because it was a more sophisticated type of machine than the regular production models. Throughout the 5-month period, Olson charged all costs directly associated with the construction of the machine to a special account entitled “Asset Construction Account.” An analysis of the charges to this account as of December 31, 2019, follows:All That Blooms provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation $ 1,400 per month Advertising $ 3,454 per month Insurance $ 1,400 per month Weed and feed materials $ 13 per lawn Direct labor $ 10 per lawn Fuel $ 3 per lawn All That Blooms charges $ 85 per treatment for the average single-family lawn. Correct answer icon Your answer is correct. Determine the company’s break-even point in number of lawns serviced per month. Break-even point enter the break-even point in number of lawns serviced per month lawns eTextbook and Media Incorrect answer icon Your answer is incorrect. Determine the company’s break-even point in dollars. (Round answer to 0 decimal places, e.g. 1,225.) Break-even point $enter the break-even point in dollars rounded to 0 decimal places
- Product A is produced with the following costs: 1) Paper material P20 per unit 2) Plastic P15 per unit 3) Rubber P27000 per 12000 units. 4) Labor P4 per unit 5) Indirect material costs P2.5 per unit The company pays P60,000 for rent per month for factory. It depreciates a P300,000 vehicle used for delivery and a P210,000-machine used for manufacturing, both have a life of 5 years. a. How much should be the total overhead costs if in a month, 1000 units were produced? b. How much should be the direct material costs if in a month, 1,500 units were produced? c. How much is the total conversion cost if 3,000 units are produced? d.How much is the total product cost per unit if in a month of production 4,750 units were produced? e. How many units should be sold in a month to break even?ABC Company must decide whether it must continue to produce an engine component or buy it from Engine Co. for P25,000 each. The demand for the coming year is 20 units. The costs of producing a single unit of the engine component are as follows: Direct materials P13,000Direct labor 7,000Factory Overhead (80% fixed) 10,000Total P30,000 If ABC buys the components, the facility now used to make the components can be rented out to another firm for P100,000. REQUIREMENTS: 1. Should ABC make or buy the components? 2. How much is the maximum amount that ABC is willing to pay an outside supplier for the engine component? Pls show solutions per requirement.P8-3A Make or Buy Allen Corporation currently makes the nylon convertible top for its main product, a fiberglass boat designed especially for water skiing. The costs of producing the 1,500 tops needed each year follow: Nylon fabric $ 270,000 Aluminum tubing 96,000 Frame fittings 24,000 Direct labor 162,000 Variable manufacturing overhead 30,000 Fixed manufacturing overhead 180,000 Dustin Company, a specialty fabricator of synthetic materials, can make the needed tops of comparable quality for $390 each, F.O.B. shipping point. Allen would furnish its own trademark insignia at a unit cost of $12. Transportation would be $18 per unit, paid by Allen Corporation. Allen's chief accountant has prepared a cost analysis that shows that only 20% of fixed overhead…
- Demmert Production spent the following money in the current fiscal year: $5,400 on equipment yearly maintenance; $22,000 on refurbishing offices; $35,000 on improving efficiency in the shipping and receiving area; and $25,000 on installing a security system in the manufacturing plant. What is Demmert supposed to do with all of these bills?2. Foxx Company manufactures water sealant. This sealant is used to stop leaks in basement orin concrete retainer walls. In 2019 the company sold 1.6M gallons of sealant at price of P3.00per gallon with a variable cost per gallon of P1.50. The fixed costs were P1,550,000In 2020, new automated equipment will be used in production. This will increase fixed costsfor the year to P1,785,000. The variable cost per gallon has been estimated at P1.30 per gallon.The sales volume increased by 15% percent in 2020.Required:1. For 2019 compute the BEP in gallons and pesos.2. For 2020 compute the BEP in gallons and pesos.3. How much is the EBIT for 2019 & 20204.Using the cost and revenue data for 2019 consider each of the following situationsindependently:a. What is the effect on the break even point (in gallons) for the decrease in variable cost fromP1.50 to P1.30?b. What is the effect on the break even point for the increase in fixed costs of P235,000?CH7-44 Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,500 DVDs and 4,500 equipment sets. Information on the two products is as follows: Questions are attached. Please ensure to answer only Question 4 : COMPUTE THE MARGIN OF SAFETY FOR THE COMING YEAR IN SALES DOLLARS - THANK YOU DVDs Equipment Sets Price $8 $25 Variable cost per unit 4 15 Total fixed cost is $110,100. Suppose that in the coming year, the company plans to produce an extra-thick yoga mat for sale to health clubs. The company estimates that 9,000 mats can be sold at a price of $20 and a variable cost per unit of $11. Total fixed cost must be increased by $36,700 (making total fixed cost $146,800). Assume that anticipated sales of the other products, as well as their prices and variable costs, remain the same.