Noel Stewart has estimated that the total fixed costs for his department are £10,000.He also estimated that his variable cost per unit is £10. If Noel produced 10,000 units his fixed cost per unit would be: £1 £100 £1,000 £0
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- How do I work this problem using excel? Calculate the break even number of units with a target profit of $120,000 if the fixed expenses are $15,000 and the contribution margin is $60 per unit.Yanks Ltd uses the following cost function: Y = $7000 + $8.50X. If the number of units produced in a month is 200, what would be the total cost?Suppose that a company is spending 60,000 per year for inspecting, 30,000 for purchasing, and 40,000 for reworking products. A good estimate of nonvalue-added costs would be a. 70,000. b. 130,000. c. 40,000. d. 90,000. e. 100,000.
- Rossini Ltd uses target costing and has designed a new machine that is estimated to sell on the market at a price of £10,280. The company wishes to make a profit margin of 20% and currently estimates from the design work undertaken that it will cost £8,640. Based on the above figures, what will the target cost gap be? a) £2,056 b) £8,224 c) £1,728 d) £416Buildit Ltd has ascertained that its total costs (T) can be estimated for any level of output (O) and sales (S) according to the following equation: T = (£50 × O + £10,000) + (£20 × S + £5,000) If the production level was 500 units and sales were 400 units, what would Buildit's fixed costs be? O A. £48,000 O B. £15,000 O C. £35,000 O D. £33,000Clockmaker Ltd. makes a product called wallet. Managers from Clockmaker Ltd. want to achieve a profit of £82, 800. The wallet price equals £82 per unit. Each unit of wallet has a cost of £36 and annual total fixed costs equal £147, 200. Considering this information, which of the following statements is true? O a. To achieve the desired profit, Clockmaker Ltd. needs to sell 5, 000 units of wallet. O b. Clockmaker Ltd. would need to sell more than 3, 200 units of wallet to have positive profits. O c. Contribution per unit equals £46. O d. All the answers are true.
- A company expects to sell 75,000 widgets at a price of $10.00. The unit variable costs are estimated at $8.00, and the fixed costs are estimated at $125,000. On the basis of this information, calculate the following: 1. Contribution margin 2. PV ratio 3. Revenue break-even by using the PV ratio 4. Profit generatedJersey Ltd uses target costing and has designed a new machine that is estimated to sell on the market at a price of £10,280. The company wishes to make a profit margin of 20% and currently estimates from the design work undertaken that it will cost £8,640. Based on the above figures, what will the target cost gap be? a)£2,056 b)£8,224 c)£416 d)£1,728How do I work this problem in excel? Calculate the break even number of units if the fixed expenses are $7,000 and the contribution margin is $14 per unit.
- Suppose that a company has fixed costs of $16 per unit and variable costs $9 per unit when 13,000 units are produced. What are the fixed costs per unit when 10,400 units are produced? Round your answer to the nearest cent. Fixed costs per unit $Help me pleaseA department makes a product whose contribution per unit is £1,000, and which takes 20 hours machine time. A component used in this product with a marginal cost of £300 (taking 5 hours of machine time) could be purchased from an external Supplier. The department is working at full capacity. What is the maximum price that the company may pay to buy the component from an external supplier?£575£550£500£600