Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000 Units sold 400 Unit selling price of a TV unit OMR 2,000 Unit variable costs OMR 500 The break-even point in units is:
Q: Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000…
A:
Q: Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000…
A: Breakeven point means sales revenue at which business is recovering it's fixed costs and variable…
Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…
A: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity units -…
Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…
A: A cost equation seems to be a quantitative equation that a business may use to anticipate the costs…
Q: Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales…
A: Sales 2,200 units Sales price $75 per unit Variable costs $45 per unit Fixed costs…
Q: Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit…
A: CALCULATION OF NET INCOME Net income= Contribution-Fixed cost Contribution Per Unit= sale…
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A: Cost-volume-profit analysis is a technique that is used to determine the impact of costs and sales…
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A: Contribution margin per unit = Selling price per unit - Variable cost per unit…
Q: Turtle Inc.’s income statement for the year 2019 on production and sales of 200,000 units is as…
A: Solution:- Calculation of break-even point for Turtle for the year 2019 in units as follows under:-…
Q: Spring Manufacturing sold 610,000 units of its product for $98 per unit in 2019. Variable cost per…
A: Contribution margin = Sales - Variable costs Operating income = Contribution margin - Fixed costs
Q: ABC Company has the following information: Variable Cost per Unit is P 15; Fixed Expenses is…
A: Total Sales = 10,000 units x P20 = P200,000 Total Variable cost = 10,000 units x P15 = P150,000…
Q: For XYZ Company, how many units of their product would have to be sold to yield a target operating…
A: Break-even analysis is a technique widely used by the production department. It helps to determine…
Q: Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit…
A: Break Even Point= Fixed Cost/Contribution per unit Fixed Cost= 240000 Contribution per unit= sale…
Q: Muscat Pharmacy had sales of OMR 1,000,000 (50,000 units) for 2019. The variable expenses were OMR…
A: Break even point means a point where firm is neither earning profit nor incurring any loss. For…
Q: X Company had the following information available for 2020: Number of units sold 30,000 units…
A: The desired net income is = $2,450,000
Q: Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000…
A: As per CVP analysis, Net Income = Sales Revenue - Variable costs - Fixed costs
Q: Spring Manufacturing sold 610,000 units of its product for $98 per unit in 2019. Variable cost per…
A: Contribution margin = Sales - Variable costs Operating income = Contribution margin - Fixed costs
Q: For the current year ending April 30, Philip Company expects fixed costs of $70,000, a unit variable…
A: The break even sales are the sales where business earns no profit no loss during the period.
Q: The Valdez Mug Company manufactures plastic mugs that sell to wholesalers for P4.00 each. Variable…
A: Contribution margin per unit = Sales price - Total variable cost per unit = P4 - P2.2 = P1.80 per…
Q: Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000…
A: Break even sale is the point of sale where no profit and no loss incurred. It is the point of sale…
Q: Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000…
A: CVP Income Statement refers to the income statement in which net income/(loss) is calculated by…
Q: Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,200…
A: Break-even analysis is a technique which plays an important role in decision making and it helps…
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A: Total cost of goods sold = Cost of goods sold per unit * Number of units produced Gross margin =…
Q: Following figures relate to Rajkot Mills Ltd. For the year 2019: Fixed factory overhead…
A: Break even point is the point where company is at zero profit. Break even point is where company is…
Q: What is the contribution margin ratio? b. What is the break-even point in dollars? c. What is the…
A: The profit analysis table helps in identifying cost points like contribution and profit, which play…
Q: Bonita, Inc. is a company that manufactures and sells a single product. Unit sales for each of the…
A: An income statement is a financial report that indicates the revenue and expenses of a business. It…
Q: Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit…
A: Net Income of the business means net income after deducting all costs like fixed costs and variable…
Q: In 2019, Crane Company sold 3000 units at $250 each. Variable expenses were $140 per unit, and fixed…
A: Decrease selling price=Selling price in 2019×100-4%=$250×96%=$240
Q: Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000…
A: CVP is cost volume profit analysis which says that Net Income = Sales Revenue - Variable costs -…
Q: Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit…
A: Sales: Sales include a number of goods and services sold by the organization during their accounting…
Q: Nizwa Co. has the following information available for December 2019: Total fixed costs R.O. 240,000…
A: Contribution ratio Contribution ratio refers to a ratio expressing the percentage of sales to cover…
Q: During the year 2020, Wouie Corporation's production was equal to its normal capacity of 1,000…
A: The Numerical has covered the concept of Variable and Absorption Costing Income Statement. In the…
Q: Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit…
A: Calculation of contribution margin per unit as follows under:-
Q: Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit…
A: Contribution margin is the difference of sales revenue per unit and variable cost per unit. Variable…
Q: The following data for 2021 are available for Canlubang Automotive Company which manufactures and…
A: Contribution per unit = selling price per unit – variable cost per unit Break even point…
Q: Muscat Pharmacy had sales of OMR 1,000,000 (50,000 units) for 2019. The variable expenses were OMR…
A: Break-even analysis is a technique used widely by the production management. It helps to determine…
Q: Muscat Pharmacy had sales of OMR 1,000,000 (50,000 units) for 2019. The variable expenses were OMR…
A: Break even point means a point where firm is neither earning profit nor incurring any loss. For…
Q: Company produces and sells X and Y. In 2020, 10,000 units of X were sold at P10 per unit with…
A: The Break-even point indicates the number of units to be sold by the business entity to recover its…
Q: Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit…
A: Break-even point is a level of sales where the co. recovered its total cost. it can be calculated by…
Q: Muscat Pharmacy had sales of OMR 1,000,000 (50,000 units) for 2019. The variable expenses were OMR…
A: Cost accounting A method of managerial accounting under which the total cost of production is…
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A: Solution Budget is the estimation of revenue and expenses over a specified future period of time.
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A: In this numerical has covered the concept of Cost volume Profit Analysis . Break even point is point…
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A: Contribution margin = Sales - Variable expenses Contribution margin ratio= Contribution margin /…
Q: For XYZ Company, how many units of their product would have to be sold to yield a target operating…
A: Formula: Required units = [ ( Fixed cost + Target profit ) / Contribution margin per unit ]…
Q: X Company had the following information available for 2020: Number of units sold 30,000 units…
A: Given, Selling price per unit = $1,000 Variable price per unit = $650 Total fixed cost = $8,750,000
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A: Increase in Net income if absorption costing is used instead of Variable costing = Increase in…
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A: Cost Volume Profit Analysis - Cost Volume Profit is the method of computing operating profit by…
Q: Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000…
A: The question is multiple choice question Required Choose the Correct Option
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- Mario Company is considering discontinuing a product. The costs of the product consist of $20,000 fixed costs and $15,000 variable costs. The variable operating expenses related to the product total $4,000. What is the differential cost? A. $19,000 B. $15,000 C. $35,000 D. $39,000Zena Technology sells arc computer printers for $55 per unit. Unit product costs are: A special order to purchase 15,000 arc printers has recently been received from another company and Zena has idle capacity to fill the order. Zena will incur an additional $2 per printer for additional labor costs due to a slight modification the buyer wants made to the original product. One-third of the manufacturing overhead costs is fixed and will be incurred no matter how many units are produced. When negotiating the price, what is the minimum selling price that Zena should accept for this special order?The following data for 2021 are available for Canlubang AutomotiveCompany which manufactures and sells a single automotive product line.Unit selling price = 40Unit variable cost = 20Total fixed cost = 200,000a.) What is the break-even point in units for the current year?b.) Prepare a break-even chart for the operation in 2021 intervals of 5,000 units from 5,000to 30,000 units (show complete solution)
- Stripe Company has been purchasing a component, Part Q, for P19.20 per unit. Stripe is currently operating at 70% of capacity, and no significant increase in production is anticipated in the near future. The cost of manufacturing a unit of Part Q is estimated as follows: Direct materials P11.50 Direct labor 4.50 Variable factory overhead 1.12 Fixed factory overhead 3.15 Total P20.27 Should the company make or buy the component? Prepare a differential analysis report dated March 12 of the current year to support your answer.Dhofar Company has the following information: Total Fixed cost OMR 8000 Selling price per unit OMR 20 Variable cost per unit OMR 12, What will be the correct amount of Profit when 2500 Units have been sold? Select one: a. OMR 12000 b. None of the options c. OMR 10000 d. OMR 20000 2) Power Company's income statement for 2021 is given below. If inventory balances are 5000 in 2021 and 9000 in 2020, and if accounts payables balances are 7000 in 2021 and 12000 in 2020. Which of the following is cash payments for COGS (cash inputs)? Sales 75,000 -COGS 55,000 Gross Profit 20,000 -Operating Expenses 8,000 Operating Profit 12,000 -Interest Expense 2,000 Profit before Tax 10,000 -Tax 3,000 Net Profit 7,000 Select one: a. 54000 b. 56000 c. 59000 d. 63000Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,200 units Sales price $75 per unit Variable costs $45 per unit Fixed costs $18,480 (a) Correct answer iconYour answer is correct. What is the contribution margin ratio? Contribution margin ratio Type your answer here 40 % eTextbook and Media Attempts: 2 of 5 used (b) What is the break-even point in dollars? Break-even point
- Ouzts Corporation is considering Alternative A and Alternative B. Costs associated with the alternatives are listed below: Alternative A Alternative B Materials costs $ 49,000 $ 64,700 Processing costs $ 44,900 $ 44,900 Equipment rental $ 15,500 $ 15,500 Occupancy costs $ 17,400 $ 26,100 What is the financial advantage (disadvantage) of Alternative B over Alternative A? Garrison_16e_Rechecks_2019_10_10 Multiple Choice $126,800 $(24,400) $151,200 $(139,000)Two companies Malcom and Yoda manufacture the similar hand-sanitizing products. The following data for the two companies for the year 2019 are provided below: Malcom ($) Yoda ($) Sales revenue 60,000 72000 Total costs 42,000 48000 Variable Costs 40 % of sales revenue 50% Required: If sales of the product in Yoda company are equal to 3,000 units, determine the BEP (in units), and present the Break-even chart. In 2019, company Yoda plans to increase the variable cost by $1 while the fixed cost and the selling price will remain constant. Calculate the number of units to be sold in order to earn the same profit as Malcom in 2019. Based on your answers to parts 1 and 2, Discuss which company has a safer financial position, and why. I need the answers of the the remaining subparts too all these three pointsSBD Phone Company sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, andvariable costs are $36 per unit. How will the break-even point in units change in response to each of thefollowing independent changes in selling price per unit, variable cost per unit, or total fixed costs? Use Ifor increase and D for decrease. (It is not necessary to compute new break-even points.) Total fixed costs to $190,000
- SBD Phone Company sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, andvariable costs are $36 per unit. How will the break-even point in units change in response to each of thefollowing independent changes in selling price per unit, variable cost per unit, or total fixed costs? Use Ifor increase and D for decrease. (It is not necessary to compute new break-even points.) Selling price per unit to $120BioClinic sells its product for $80 per unit. During 2025, it produced 120,000 units and sold 105,000 units. Costs per unit are: direct materials $25, direct labor $10, variable overhead $5, and variable operating expenses $3. Fixed costs are $840,000 manufacturing overhead, and $75,000 operating expenses. Assuming no variances were reported, no beginning inventory and the company uses absorption costing, what will be reported as gross margin? Question options: a) $3,600,000. b) $3,885,000. c) $2,760,000. d) $3,465,000.Dennis Company sells a product for P20, variable costs are P8 per unit, and fixed costs are P32,000.a. What is Dennis' break-even point in units?b. Find the selling price that Dennis must charge to earn an P8,000 profit selling 1,600 units.c. Dennis is considering new equipment that would increase fixed costs by P2,000 while reducing unit variable costs by P1.60 per unit. Find the sales level where Dennis is indifferent between the two cost structures.
