roblem 4 reen Meadows makes three types portable coolers. The company's tota pst P1,080,000. Selling prices, variable cósts, and sales percentages of eac f cooler follow:

Accounting
27th Edition
ISBN:9781337272094
Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Chapter21: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 21.4CP: Break-even analysis Somerset Inc. has finished a new video game, Snowboard Challenge. Management is...
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106
Cost Accounting
Problem 4
Green Meadows makes three types portable coolers. The company's total fixed
cost P1,080,000. Selling prices, variable costs, and sales percentages of each type
of cooler follow:
MODEL
SELLING
VARIABLE
SALES
PRICE
COST
MIX
P 7,600
12,000
· 20,000
30%
X100
X950
C 800
P 8,800
14,800
24,000
50%
20%
1. What is the company's break-even point in units and pesos?
2.If the company has a target of IM how many units of each type of cooler must
be sold
Problem 5
Alonzo owns a barber where he employs five barbers and pays each a base rate of
P2,000 per month. One of the barbers act as the manager and receives an extra
P3,000 per month. In addition to the base rate, each barber is paid a commission of
P20 per haircut. A barber can do an average of 6 haircuts a day. The barber shop
is open 24 days a month. Other costs incurred are as follows:
Advertising
Rent
Barber supplies
P 1,000 per month
4,000 per month
400 per month
1,750 per month and
Utilities
25
per
haircut
Magazines
Cleaning Supplies
250 per month
15
per haircut
Currently Alonzo charges P100 per haircut
Required
1.Compute the break-even point ns a) number of haircuts snd in (b) total pesos
2.In March, 1400 haircuts were given, Compute the net income
3 Alonzo wants a net income of P25,000, compute the number of haircuts that
must be given
AJE Alonzo wants a net income of P40,000, and 1,500 haircuts were given, how
much must be the amount charged per haircut
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Transcribed Image Text:106 Cost Accounting Problem 4 Green Meadows makes three types portable coolers. The company's total fixed cost P1,080,000. Selling prices, variable costs, and sales percentages of each type of cooler follow: MODEL SELLING VARIABLE SALES PRICE COST MIX P 7,600 12,000 · 20,000 30% X100 X950 C 800 P 8,800 14,800 24,000 50% 20% 1. What is the company's break-even point in units and pesos? 2.If the company has a target of IM how many units of each type of cooler must be sold Problem 5 Alonzo owns a barber where he employs five barbers and pays each a base rate of P2,000 per month. One of the barbers act as the manager and receives an extra P3,000 per month. In addition to the base rate, each barber is paid a commission of P20 per haircut. A barber can do an average of 6 haircuts a day. The barber shop is open 24 days a month. Other costs incurred are as follows: Advertising Rent Barber supplies P 1,000 per month 4,000 per month 400 per month 1,750 per month and Utilities 25 per haircut Magazines Cleaning Supplies 250 per month 15 per haircut Currently Alonzo charges P100 per haircut Required 1.Compute the break-even point ns a) number of haircuts snd in (b) total pesos 2.In March, 1400 haircuts were given, Compute the net income 3 Alonzo wants a net income of P25,000, compute the number of haircuts that must be given AJE Alonzo wants a net income of P40,000, and 1,500 haircuts were given, how much must be the amount charged per haircut Scanned with CamScanner
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ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,