Last year, Ezra Company reported sales of P640,000, a contribution margin of P160,000, and a net loss of P40,000. Based on this information, the break-even point was: P640,000 P480,000 P800,000 P960,000
Q: Last month dexter company had $32010 loss on sale of 164000 fixed costs are 86130 a month. By how…
A: Cost volume profit analysis is the technique used by the management for decision-making. The methods…
Q: A Company is Making a Loss of Rs 100,000 and relevant information is as Follows, Sales Rs 120,000,…
A: Contribution = Sales - Variable Cost = Rs120,000 - Rs80,000…
Q: At 40,000 units of sales, Rock Corporation had an operating loss of P 3.00 per unit. When sales were…
A: Break-even point is the point at which company has no profit no loss. It is a situation at which…
Q: Ever Manufacturers had sales of $900,000 in 2006 and their cost of goods sold represented 65 percent…
A: Given, Sales =$900,000 COGS =65% of sales = $900,000*65% = $585,000 Selling and Administrative…
Q: Data from a company's last period of operations shows sales of 2,000 units, total contribution…
A: Contribution margin: It refers to the total amount of earnings available to company to cover its…
Q: The break-even point for sales of Luckyme is P200,000 with a contribution margin of 40%. Assuming…
A: Break even sales = P 200,000 Contribution margin = 40% Profit = P 100,000
Q: a. If Canace Company, with a break-even point at $661,200 of sales, has actual sales of $870,000,…
A: The question is based on the concept of Cost Accounting. Break even point is the point at which…
Q: Last year, Pastis Productions reported $100,000 in sales and $40,000 in cost of goods sold.…
A:
Q: Sales revenue for XYZ Company is $1,000,000. The cost of goods sold is $450,000 and the operating…
A: Thus, the net operating income is $300,000.
Q: Determine the company's margin of safety percentage. Round answer to the nearest whole number.
A: Margin of safety is that portion of sales which is over and above the break even point of the…
Q: ean Company has sales of $228,000, and the break-even point in sales dollars is $157,320. Determine…
A: Margin of safety means the difference between the budget sales and breakeven sales. It means the…
Q: UW98022 company's break-even-point in sales revenue is $880,000, and its variable expenses are 80%…
A: Given that: Breakeven Sales = 880,000 Net Loss = $38000 Variable costs ratio = 80%
Q: Shown below is the Profit & Loss Statement of start-up company THE PEANUT BETTER CO. Let us assume…
A: The question is related to Return on Investment. The return on investment is calculated with the…
Q: Manor Homes plans to discontinue a segment which last year generated a contribution margin of…
A: The fixed cost which is not avoidable is the costs that are incurred even if the segment is…
Q: East Mullett Manufacturing earned operating income last year as shown in the following income…
A: Average operating assets = (beginning operating assets + ending operating assets ) / 2 Residual…
Q: Ruby Corp's sales last year were $435,500, its operating costs were $350,000, and its interest…
A: TIE number is earnings before interest and taxes (EBIT) divided by the total interest payable
Q: arukh Corporation sells a single product for Rs. 15 per unit. Last year, the company's sales revenue…
A: Break-even analysis is a technique widely used by the production department. It helps to determine…
Q: The condensed income statement for Monroe Corp. for the past year is as follows: Product В C Sales…
A: If product B is discontinued then Total Fixed costs will be allocated to product "C" Because Fixed…
Q: KR Corporation's break-even-point in sales is Rs. 900,000, and its variable expenses are 75% of…
A: Contribution margin ratio = 1 - variable expense ratio= 1 - 0.75= 0.25
Q: Sabv Corporation's break-even-point in sales is $820,000, and its variable expenses are 80% of…
A:
Q: ABC company recorded a net loss of P215,000 for the year just ended. Total operating expenses was…
A: Gross profit = net income(loss) + Total operating expenses Net sales = Gross profit + cost of sales…
Q: Last month Bryn Company had a $45,057 profit on sales of $296,632. Fixed costs are $72,308 a month.…
A: Contribution Margin = Fixed Costs + Net Income. Contribution Margin Ratio = (Fixed Costs + Net…
Q: The condensed income statement for a Hayden corp. For the past year…
A: Formula: Change in net income = Sales made by T - Variable cost of T
Q: of P184,000 and a total cost and expenses amounting to P211,600. Fixed costs amounted to P86,480,…
A: Revenue refers to the earned by an entity through its basic activities such as selling some goods or…
Q: During the current year, the net sales of Ridgeway, Inc., were 10 percent below last year’s level.…
A:
Q: Sheeza Corporation sells a single product for Rs. 15 per unit. Last year, the company's sales…
A: Fixed cost means the cost which do not vary with the level of output where as variable cost will…
Q: Last year, a company reported sales of $715.5k, a contribution margin ratio of 39.25% and a net loss…
A: Break even point means a point where firm is neither earning profit nor incurring any loss. For…
Q: Sabv Corporation's break-even-point in sales is $920,000, and its variable expenses are 70% of…
A: Break-even Point The break-even point (BEP) of sales is calculated as the sales revenue at which…
Q: A company had fixed costs of 180,000 last year with contribution margin ratio of 32% and selling…
A: Contribution margin = Fixed cost + Net income Contribution margin = 180,000 + 32,800 Contribution…
Q: Orono Corp.'s sales last year were $575,000, its operating costs were $362,500, and its interest…
A: As per formula Times interest earned (TIE) ratio = (Sales-Operating cost)/Interest expenses Where…
Q: Solen Corporation s break-even-point... the break,ven-port in sales is $910.000, and its variable…
A: Break-even point: It can be defined as the production level at which total costs fall equal to total…
Q: If a business had sales of $3,894,000 and a margin of safety of 20%, the break-even point in sales…
A: Introduction: Break even point: The point where there is no profit nor loss to the company for the…
Q: Phan Company has not reported a profit in five years. This year the company would like to narrow its…
A: Given that: Net Loss = $7500 Selling price per unit = $36.50 Variable costs per unit = $24 Fixed…
Q: . Calculate the break-even sales when a business has sales of $824,000 and a margin of safety of…
A: Introduction: The dollar amounts of income at which a firm generates no profit are referred to as…
Q: A company had incurred fixed expenses of Rs. 540000, with sales of Rs. 1800000 and earned a profit…
A: The Break-even point is the situation where the company earns no profit and incurs no loss.
Q: Blossom Corp. has annual sales totaling $1146000 and an average gross profit of 20% of cost. What is…
A: Gross profit = Sales - Cost Gross profit = Sales x Gross profit (%) So, Sales = Gross profit +…
Q: Flamengo Co is a sporting goods manufacturing company. Last year, report the following information:…
A: Profit margin refers to how much profit earn by a company from its total sales made during the year.
Q: Parker Products, Inc. is a manufacturer whose absorption costing income statement reported sales of…
A:
Q: KR Corporation's break-even-point in sales is Rs. 900,000, and its variable expenses are 75% of…
A: Contribution margin at break even point = break-even-point in sales x (1 - variable expenses ratio)…
Q: The Little Rock Company shows fixed expense of $12150, an M/S ratio of 25%, and a C/M ratio of 30%…
A: Break-Even Point is a level of sales at which the company incurred no loss no profit. It is the…
Q: A company has a break-even point in revenue at ₱800,00. Variable expenses are 60% of the revenue. If…
A: The cost volume profit analysis or CVP analysis is used for the purpose of determining the effect on…
Q: UW98726 company's break-even-point in sales revenue is $970,000, and its variable expenses are 80%…
A: 1. VARIABLE EXPENSES = 80% 2. P/V RATIO = 20% 3. BREAKEVEN SALES = $970,000 4. FIXED COST = BREAK…
Q: Solen Corporation's break-even-point in sales is $850,000, and its variable expenses are 80% of…
A: Formula used : Sales value = Contribution margin / ( 100 - variable expenses % )
Q: A firm’s selling price was ₱45.00 per unit. Fixed expenses totaled ₱150,000, variable expenses were…
A: Given, Selling price = ₱45 per unit Variable expense = ₱20 per unit Fixed cost = ₱150,000
Q: Sabv Corporation's break-even-point in sales is $800,000, and its variable expenses are 70% of…
A: Answer - Calculation of Contribution margin : Break-Even Point Given, Contribution Margin = Fixed…
Q: Dean Company has sales of $76,000, and the break-even point in sales dollars is $47,120. Determine…
A: The margin of safety is calculated as sales above break even sales.
Q: Sabv Corporation's break-even-point in sales is $920,000, and its variable expenses are 70% of…
A: The Break-even point in sales refers to sales at which the revenues generated by the company is…
Last year, Ezra Company reported sales of P640,000, a contribution margin of P160,000, and a net loss of P40,000. Based on this information, the break-even point was:
- P640,000
- P480,000
- P800,000
- P960,000
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Margin of safety Jorgensen Company has sales of 380,000,000, and the break-even point in sales dollars is 323,000,000. Determine Jorgensen Companys margin of safety as a percent of current sales.During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000, 000. What is the sales margin?Last year, a company reported sales of $715.5k, a contribution margin ratio of 39.25% and a net loss of $23.8k. Based on this information, determine the company’s dollar sales to break-even. Note: The term “k” is used to represent thousands (× $1,000).
- Last year Easton Corporation reported sales of $750,000, a contribution margin ratio of 40% and a net loss of $27,000. Based on this information, the break-even point was: Multiple Choice $885,000 $817,500 $682,500 $777,000Sabv Corporation's break-even-point in sales is $820,000, and its variable expenses are 80% of sales. If the company lost $32,000 last year, sales must have amounted to: Multiple Choice $756,000 $660,000 $624,000 $788,000A company had fixed costs of 180,000 last year with contribution margin ratio of 32% and selling price of P50 per unit. The company incurred a loss of 32,800. How many units were sold last year?
- The Rachel Company has sales of $820,000, and the break-even point in sales dollars is $672,400. Determine the company's margin of safety as a percent of current sales.The Rachel Company has sales of $450,000, and the break-even point in sales dollars is $292,500. Determine the company's margin of safety as a percent of current sales.fill in the blank 1 %The Spector Company has sales of $830,000, and the break-even point in sales dollars is $547,800. Determine the Spector company's margin of safety as a percent of current sales.fill in the blank 1 of 1 %
- Jonick Company has sales of $460,000, and the break-even point in sales dollars is $372,600. Determine the company's margin of safety as a percent of current sales.___ %Nana Company had a margin of safety ratio of 20%, variable costs of 60% of sales, fixed costs of P240,000, a break-even point of P600,000, and an operating income of P160,000 for the current year. How much is the current year's sales?Star Boy Company sells a single product, Product X. Last year, sales revenue amounted to P700,000and total variable and fixed costs amounted to P420,000 and P210,000, respectively. The productswere sold at P7 per unitA study was made by the sales manager. It disclosed that the unit selling price could be increased by20% but with a corresponding decrease by 15% of the volume sold. If Star Boy Companyincorporates the changes in its next year forecast, what is the income for Product X?
