Horngren's Accounting, The Financial Chapters, Student Value Edition (11th Edition)
11th Edition
ISBN: 9780133876352
Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
Publisher: PEARSON
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Textbook Question
Chapter 21, Problem P21.49APGA
Calculating cost-volume-profit elements
The budgets of four companies yield the following information:
Company
Up | Down | Left | Right | |
$ 2,187,500 | $ (d) |
$ 375,000 | $ (i) |
|
Sales Costs | (a) | 77,000 | 225.000 | 374,400 |
Vairable Costs Field Costs |
(b) | 216,000 | 236,000 | (k) |
Operating income (Loss) | 256,700 | (e) | (g) | 85,400 |
Units Sold | 125,000 | 14.000 | (h) | (i) |
Contribution Margin per Unit | $ 3.50 |
$ (f) |
$ 75.00 | $ 18.00 |
Zrrtntwwyi Margin Ratio | ( c ) | 80% | (i) | 20% |
Requirements
- Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent.)
- Which company has the lowest breakeven point in sales dollars?
- What causes the low breakeven point?
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Chapter 21 Solutions
Horngren's Accounting, The Financial Chapters, Student Value Edition (11th Edition)
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Learning Objective 6...Ch. 21 - Prob. S21A.18SECh. 21 - Use the following information for Short Exercises...Ch. 21 - Prob. S21A.20SECh. 21 - Use the following information for Short Exercises...Ch. 21 - Computing absorption cost per unit Abrey, Inc. has...Ch. 21 - Prob. S21A.23SECh. 21 - Prob. S21A.24SECh. 21 - Prob. E21.25ECh. 21 - Prob. E21.26ECh. 21 - Prob. E21.27ECh. 21 -
E21-28 Determining total variable cost
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