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Q: Profit
A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: equired r
A: Given information :
Q: Define Gross Profit Method.
A: Definition: Merchandise Inventory: Merchandise is the stock of goods bought by a wholesaler, or a…
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A: A consolidated financial statement is inclusive of all the subsidiary companies where the owner has…
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A: Computation of Gross income from business/profession: Gross receipt from customer = 900000 Sale of…
Q: Difference between present value and net present value.
A: Present value (PV) is the current value of a future sum of money or stream of cash flow given a…
Q: Question # 11 O Revisit Choose the best option Net profit is calculated as: O Sales minus cost of…
A: Note: Net profit is calculated by substructing the cost of sales and the overhead from the sales. or…
Q: How much more profit (loss) does the company make b
A: Profit is the residual income generated after reduction of costs from the total revenue Now,…
Q: O e. Incremental cost.
A: Opportunity cost - Opportunity cost is benefit forgone for the next best alternative for an…
Q: Define the term profit oriented.
A: Profit Oriented Company: Profit oriented company are refer as the company which main aim is to earn…
Q: al Benefit al M&O Cost al M&O Grac age Value Payment
A: Incremental internal rate of return refers to the process of analyzing the estimated rate of return…
Q: tion that gives the profit in
A:
Q: = new profit sharing ratio
A: When a new partner is admitted the old partners need to sacrifice some amount their profit share to…
Q: Profit will by $
A: This whole question is based on the concept Relevant cost What is Relevant cost? In simple words,…
Q: Which of the following would be considered as a limiting factor to maximize the profit? O a. Book…
A: Limiting factors can be defined as the constraints in availability of production resources in order…
Q: Economic Value Added (EVA
A: EVA is an important concept in the world of finance and accounting. It is one of the often used…
Q: Define Purchase return.
A: Financial accounting is the process of recording, summarizing, and reporting all the transactions in…
Q: What is profit contribution
A: The profit is calculated as difference between total revenue earned and total expenses incurred.
Q: Which of these expressions is correct? a. Gross profit less expenses = profit. b. Sales less cost of…
A: Gross Profit is the operating profit
Q: e opportunity cost of a good
A: First option is wrong because money price is the price of goods in terms of money value. Second…
Q: corrected profit
A: Unearned Revenue represents the amount of advances received from the customers on the account of…
Q: theories of profit
A: The profit is the key incentive for a firm to operative business . According to each theory of the…
Q: What is b Purchase Volume?
A: Purchase volume means the total amount of all the purchases charged to a single account.
Q: Explain an example how to calculate gross profit.
A: Gross profit is the left over revenue after deducting all direct costs of making the products or…
Q: 1. What is the cost of goods available for sale? 2. What is the gross profit?
A: Cost of goods available for sale includes beginning inventory and net cost of purchases made. Gross…
Q: 1. The amount by which an item contributes towards covering fixed cost and providing for profit is…
A:
Q: What is cost-efficiency according to: 1. Profit Projection 2. Cost estimates
A: profit maximization is considered primary objective of the management. this objective of management…
Q: Define “Market Value Added (MVA)” and “Economic Value Added(EVA).”
A: Introduction: Economic value added (EVA) and Market value added (MVA) are computations utilized to…
Q: Gross Profit %===>
A: FIFO is the abbreviation used for the First In First Out method: FIFO Date Item Quantity Cost…
Q: ) Calculate New Profit Sharing Ratio and Sacrificing Ratio
A:
Q: With respect to the CVP analysis, which one of the following formulas is correct? a) px=vx+fc+Profit…
A: Following are the components of the equation: Profit= Sales- variable cost Fixed cost is the…
Q: Profits -to-Sales relationships are defined as profit margins. Select one: a. True b. False
A: Ratio analysis is referred as the quantitative method of understanding company’s liquidity,…
Q: Sales revenue min a. gross margin income from c b. C. cost of goods d. net sales
A: The question is based on the concept of Financial Accounting. As per the Bartleby guidelines we are…
Q: et cost = Selling price - ______________. a. Cost b. Profit margin c. Revenue d. Expenses
A: Solution: Target cost = Selling price - profit margin. This is because target cost is the estimated…
Q: loss ( n.l. ) increase the cost . * true fales
A: The net loss means when the expenses are greater than the revenue it will results in a loss. It is…
Q: Profit 12
A: Given: The linear trends based on 2020 profits is given as,
Q: Find the Gross Profit
A: Direct costs are associated with the manufacturing of goods/services provided to consumers,…
Q: Do you think turn over causes profit or profit causes turn over
A: Actually, If there is no sale, there is no profit because of profit based on the Sales as a fixed…
Q: Explain the term Divisible Profit.
A: Common stock: Common stock is the instrument used by the company for raising funds from the general…
Q: Define Selling profit.
A: Net income: Net income is the excess amount of revenue that arises after deducting all the expenses…
Q: unrealized gain
A: Unrealized gai or loss occur due to changes between cost and market value of a given security. If…
Q: g price ple costs costc
A: When the resources to produce the products are scare, the product giving maximum contribution per…
Q: Which one is Variable cost Select one: a. salaries b. Direct material c. Rent d. Insurance
A: Direct materials is a variable cost as it changes with nos of units of output. Salaries, rent and…
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- Schylar Pharmaceuticals, Inc., plans to sell 130,000 units of antibiotic at an average price of 22 each in the coming year. Total variable costs equal 1,086,800. Total fixed costs equal 8,000,000. (Round all ratios to four significant digits, and round all dollar amounts to the nearest dollar.) Required: 1. What is the contribution margin per unit? What is the contribution margin ratio? 2. Calculate the sales revenue needed to break even. 3. Calculate the sales revenue needed to achieve a target profit of 245,000. 4. What if the average price per unit increased to 23.50? Recalculate: a. Contribution margin per unit b. Contribution margin ratio (rounded to four decimal places) c. Sales revenue needed to break even d. Sales revenue needed to achieve a target profit of 245,000If 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. 2,000Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are $15,250. Delta Co.s tax rate is 36% and the company wants to earn $44,000 after taxes. What would be Deltas desired pre-tax income? What would be break-even point in units to reach the income goal of $44,000 after taxes? What would be break-even point in sales dollars to reach the income goal of $44000 after taxes? Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.
- 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?Company XYZ currently produces and sells 40,000 units. At this level, the total contribution margin is $320,000 while the total fixed costs $80,000. If sales are expected to increase by 20% in the next period, how much would the new profit be ( $)? a. 336,000 b. 272,000 c. 400,000 d. 304,000 e. None of the given answersCompany XYZ currently produces and sells 40,000 units. At this level, the total contribution margin is $320,000 while the total fixed costs $80,000. If sales are expected to increase by 40% in the next period, how much would the new profit be ($)? O a. 304,000 O b. 336,000 O c. 272,000O O d. 368,000 O e. None of the given answers 11:42 o search W D dx ENG 22-05-2021 hp Tort sc delete home end 96 5. + back space tock T 5 0 enter G K pause 51 ↑ shift 11 2 end alt ctri
- Company XYZ currently produces and sells 40,000 units. At this level, the total contribution margin is $320,000 while the total fixed costs $80,000. If sales are expected to increase by 50% in the next period, how much would the new profit be ($)? O a. 336,000 O b. None of the given answers Oc 304,000 O d. 272,000 O e. 400,000Company XYZ currently produces and sells 40,000 units. At this level, the total contribution margin is $320,000 while the total fixed costs $80,000, If sales are expected to increase by 20% in the next period, how much would the new profit be ($)? O a. 272,000 O b. 400,000 O c. 304,000 O d. None of the given answers O e. 336,000 Bahjat Oman Company produces and sells scientific calculators. The budgeted selling price per unit is $15. Budgeted unit sales in the first half of the year 2021 is as follows: January 18,000 units, February 14,000, March 28,000, April 42,000, May 35,000 and June 32,000 units. The company's credit policy is to collect 25% of the total sales in the month of sale, and 60% in the month following the sale, and the remaining in the second month following sale. The expected total cash collections in Lion dollars in June is closest to: out of O a. $ 271,500 on O b. None of the given answersCompany XYZ currently produces and sells 40,000 units. At this level, the total contribution margin is $320,000 while the total fixed costs ?($) $80,000. If sales are expected to increase by 10% in the next period, how much would the new profit be 336,000 a O 272,000 b O 304,000 cO None of the given answers .d O 400,000 .e O
- Fill In The Blank Outlast Company's projected profit for the coming year follows: Total Per Unit Sales P200,000 P20 Less: Variable costs (120,000) (12) Contribution margin 80,000 P8 Less Fixed expenses (64,000) Operating Profit P 16,000 Requirements: 1. How many units must be sold to earn a profit of P30,000? units 3. Compute the additional profit that Outlast would earn if sales were P25,000 more than expected? P 3. For the projected level of sales, what is the margin of safety? P 4. Suppose Outlast would like to earn operating income equal to 20 percent of sales revenue. How many units must be sold for this goal to be realized? units NOTE: *If your answer is in monetary value, OMIT the peso sign (ex: if the answer is One hundred pesos just type 100) **If your answer is in thousands value, do not put space/s between the numbers and do not forget to type comma to indicate thousand value (ex: if the answer is one thousand just type 1,000) ***If your answer has decimal places, round your…A firm has fixed costs of P200,000 and variable costs per unit of P6. It plans on selling 40,000 units in the coming year. To realize a profit of P20,000, the firm must have a sales price per unit of at least * a. P11.00. b. P11.50. c. P10.00. d. P10.50.Jamie Quinn, a sole proprietor, has the following projected figures for next year: Selling price per unit $150.00 Contribution margin per unit $45.00 Total fixed costs $630,000 What is the break-even point in dollars? a.$2,100,000 b.$426,000 c.$189,000 d.$900,000