Shipping expense is P9,000 for 8,000 pounds shipped and P11,250 for 11,000 pounds shipped. Assuming that this activity is within the relevant range, if the company ships 9,000 pounds, its expected shipping expense is closest to (nearest peso):
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Shipping expense is P9,000 for 8,000 pounds shipped and P11,250 for 11,000 pounds shipped. Assuming that this activity is within the relevant range, if the company ships 9,000 pounds, its expected shipping expense is closest to (nearest peso):
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- Shipping expense is $9,000 for 8,000 kilograms shipped and $11,250 for 11,000 kilograms shipped. Assuming that this activity is within the relevant range, if the company ships 9,500 kilograms, what is the expected shipping expense? Use the high-low method. Show your calculations. Without plagiarismThis year, Lambert Company will ship 1,500,000 pounds of goods to customers at a cost of $1,200,000. If a customer orders 10,000 pounds and produces $200,000 of revenue( total revenue is $20million), The amount of shipping cost assigned to the customer by using ABC would be a. Unable to be determined. b.$8,000($0.80per pound shipped) c.$24, 000(2% of the shipping cost) d. $12,000(1% of the shipping cost) e. None of theseThis year, Lambert Company will ship 1,500,000 pounds of goods to customers ata cost of $1,200,000. If a customer orders 10,000 pounds and produces $200,000 ofrevenue (total revenue is $20 million), the amount of shipping cost assigned to thecustomer by using ABC would bea. unable to be determined.b. $8,000 ($0.80 per pound shipped).c. $24,000 (2% of the shipping cost).d. $12,000 (1% of the shipping cost).e. None of these.
- 1. A company uses 1,500 units of Zeron per year. Each unit has an invoice cost of P222, including shipping costs. Because of the volatile nature of Zeron, it costs P860 for liability insurance on each shipment. The costs of carrying the inventory amount to P65 per item per year exclusive of a 20 percent cost of capital. Other order costs amounts to P18 per order. At present, the company orders 250 units at a time. What is the annual cost of the company's current order policy? 2. Summer Company has annual fixed costs of P90,000. This year, it recorded profit of P30,000 which is 10% of its sales. In the coming year, sales volume is expected to increase by P200,000 and the profit ratio will go up to 22%. What is Summer's break even sales ratio in the coming year? 3. Corporation C is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for P133.60 per unit.…5. The DN Company, which engages in the fabrication of automobile engine part with production capacity of 700,000 units per year, is only operating at 65% capacity due to unavailability of the necessary foreign currency to finance the importation of their raw materials. The current annual income is P450,000; annual fixed costs are P190,000 and variable cost are P0.35 per unit. Draw the breakeven chart.Rolam Limited requires 1280000 units of a spare part annually. The unit cost is Rs. 60 and inventory carrying cost per unit per annum is 25% of the average inventory cost. If the cost of procurement is Rs. 7500 determine:a) Economic Order Quantity (EOQ)b) Number of orders per annum c) Time between two consecutive orders
- Supercat is a common carrier by sea. During a particular quarter, its receipts consists of the following ( exclusive of taxes): Transport of passengers P2,000,000Transport of goods 3,000,000Transport of cargoes 1,500,000The output VAT and OPT due for the quarter are: Output Vat OPT Due Group of answer choices P780,000 P195,000 P540,000 P0 780,000 P0 P540,000 P60,000Bandoy Company produced 100,000 units of product and sol 75,000 units at P3.0 per unit in 2018. Variable unit cost are: MAnufacturing - P1.6; selling - P0.15. Fixed costs for 2018 include P30,000 of fixed manufacturing costs and P41,250 of fixed selling and administrative expenses. What would be the net income for 2018, using the absorption costing? *The cost of product X is 30 percent of its selling price, and the carrying cost is 8 percent of selling price. Accounts are paid on average 60 days after sale. Sales per month average P25,000. What is the investment in accounts receivable? choose the letter of the correct answera. P8,000.00b. P9,000.00c. P19,000.00d. P29,000.00e. P39,000.00
- 15 - For the goods purchased by the business, the Availability of Goods at the Beginning of the Period is 350.000 TL, the Purchase Discounts are 14.000 TL, the Intra-Period Purchases are 450.000 TL, the Purchase Expenses are 24.000 TL, the Returns from the Purchases are 11.000 TL, at the End of the Period. Which of the following is the cost of goods sold if the Goods Stock is 160,000 TL ? a) 670.000 TL B) 639,000 TL NS) 702.000 TL D) 651.000 TL TO) 695,000 TLTiger Corporation purchases 1,400,000 units per year of one component. The fixed cost per order is $55. The annual carrying cost of the item is 27% of its $10 cost. Determine the EOQ if (1) the conditions stated above hold, (2) the order cost is $1 rather than $55, and (3) the order cost is $55 but the carrying cost is $0.01. What do your answers illustrate about the EOQ model? Explain.A U Ltd manufactures and sells a single product, the company's sales and expenses for themonth of January 2021 were as follows:Total (Kshs)Value per unit (Kshs)Sales1.200.0080.00Less: Variable expenses840.0056.00Contribution360.0024.00Less: Fixed expenses300.00Net income60.00Required:What is the monthly breakeven point in units and in shillings?What is the total contribution margin at breakeven point?How many units would be sold each month to carn a minimum target net income ofkshs. 36.000?(iv)Using the original data, compute a company's margin of safety in both shilling and in percentage termsWhat is the contribution margin ratio, if the monthly sales increase by Kshs 16,000?