purse: 2020FA Accounting for * CengageNoWv2 | Online teachir x 2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker3&takeAs... еВook Calculator Sales Mix and Break-Even Sales Data related to the expected sales of kayaks and canoes for River Sports Inc. for the current year, which is typical of recent years, are as follows: Products Unit Selling Price Unit Variable Cost Sales Mix Kayaks $240 $160 20% Canoes 510 240 80% The estimated fixed costs for the current year are $273,760. Instructions: 1. Determine the estimated units of sales of the overall product necessary to reach the break-even point for the current year. units 2. Based on the break-even sales (units) in part (1), determine the unit sales of both kayaks and canoes for the current year. Kayaks units Canoes units Assume that the sales mix was 80% Kayaks and 20% canoes. Determine the estimated units of sales of the overall product necess reach the break-even point for the current year. units

purse: 2020FA Accounting for * CengageNoWv2 | Online teachir x 2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker3&takeAs... еВook Calculator Sales Mix and Break-Even Sales Data related to the expected sales of kayaks and canoes for River Sports Inc. for the current year, which is typical of recent years, are as follows: Products Unit Selling Price Unit Variable Cost Sales Mix Kayaks $240 $160 20% Canoes 510 240 80% The estimated fixed costs for the current year are $273,760. Instructions: 1. Determine the estimated units of sales of the overall product necessary to reach the break-even point for the current year. units 2. Based on the break-even sales (units) in part (1), determine the unit sales of both kayaks and canoes for the current year. Kayaks units Canoes units Assume that the sales mix was 80% Kayaks and 20% canoes. Determine the estimated units of sales of the overall product necess reach the break-even point for the current year. units

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter9: Current Liabilities And Contingent Obligations

Section: Chapter Questions

Problem 16P: Premium Obligation Yummy Cereal Company is offering one toy shovel set for 15 box tops of its...

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nd A assessment.education.wiley.com B Present Value Tables (1.. W https://education.wiley. B ch01 (Fall 2020) w Final Exam (Fall 2020) Final Exam (FallI 2020) -/6 Question 22 of 50 > View Policies Current Attempt in Progress Sheridan Corporation's Perfume division has a segment margin is $92000 for the current reporting period. Total assets at the beginning of the period were $807000 and $907000 at the end of the period. What is the division's ROI? O 9.42% O 10.74% O 11.40% O 5.37% Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air
File Tools View UTS MK I GSL 20-21 (19.10.20 -13.30) - Word (Product Activation Failed) W UTS MK I GSL 20-21 (19.10.20 -13.30) * x Document2 Problem 1 Balance Shet Income Statement PT. MaTaHtari PT. MATAH+ari For the year Ended December 31 For the year Ended December 31 2019 2018 ASSET Sales Revenue 10.000.000.000 Cash 550.000.000 700.000.000 Cost of Good Sold 6.400.000.000 Marketable Securities 500.000.000 300.000.000 Gross Profit Account Receivable 700.000.000 550.000.000 Inventory 750.000.000 650.000.00D 3.600000.000 Total Currevt Assit 2.500.000.000 2.200.000.000 Operating Expenses Selling Expenses 200.000.000 Gross Fixed Asset 3.000.000.000 General & Administrative Expenses 150.000.000 4.000.000.000 Less : Accumulated Depreciation Depreciation Expenses 250.000.000 500.000.000 200.000.000 Nett Fred Assit Total Operating Expenses 3.500.000.000 2.800.000.000 600.000.000 Operating Profit TOTAL ASSET 6.000.000.000 5.000.000.000 3.000.000.000 Interest Expenses JABILITIBS E STOCKHOLDER'S…
Background Consider the following information for the company Freddie's Furniture Supplies, who manufacture outdoor furniture: Income Statement Freddie's Furniture Supplies Year Ended 31st December 2020 Net Sales Revenue $290,350 less: COGS $132,560 = Gross Profit $157,790 less: Operating (Non Product) Expenses $85,900 equals: Net Profit $71,890 Beginning and Ending Finished Goods, of the year, were $32,000 and $14,600 respectively. Question What was the COGM (Costs of Goods Manufactured) for Freddie's company for the year ended 31st December 2020? Select one: a. Cannot be calculated with the information provided. O b. COGM = $147,160 O c. COGM = $115,160 O d. COGM = $129,760
W https://education.wiley. B ch01 (Fall 2020) - PRI WP Final Exam (Fall 2020) B Present Value Tables (1.. Final Exam (Fall 2020) -/6 Question 34 of 50 View Policies Current Attempt in Progress Crane Products plans to produce 10500 units in January. Each unit requires 3 pounds of plastic, which costs $2 per pound. What standard material cost would the company use to plan for production? $5250 O $3500 O $2 O $6 Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air 80 F3 888 F4 F2 F5 F6 F7 F8 F9 @ 24 * 6. 7 Q W R. T Y 23
p Image 2021-08-18 at 11.59.20 AM LI.jpg + Add to 向 & Edit & Create v RE E HOur, Io minutes, 19 seconds. Question Completion Status: QUESTION4 Save Ansewer Anson Ltd has three product lines of belts - Metal belt, Cinch belt and Bow belt with contribution margins of $3, $2 and $1, respectively. The CEO forecasts sales of 200,000 units in the coming period, consisting of 20,000 units of Metal belts, 100,000 units of Cinch belts and 80,000 units of Bow belts. The company's fixed costs for the period are $255,000. Required What is the new break-even point in units for each type of product lines if the sales mix is maintained in the next period?* For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). A 三、 I品厄白Q BIU s Paragraph Arial 10pt Close Window Save All Answers Save and Sibmit to save and submit. Click Sove All Ariswers to save all answers. O Type here to search O 29°C Rain 12:2 8/18/
ssignment/takeAssignmentMain.do?invoker%3D&takeAssignmentSessionLocator=&inprogress=false E Calculator Park and West, LLC, provides consulting services to retail merchandisers in the Midwest. In 2019, they generated $722,000 in service revenue. Their total cost (fixed and variable) per client was $2,400 and they served 105 clients during the year. If operating expenses for the year were $302,000 what was their net income? Park and West, LLC Income Statement For Year Ending 2019 Previous Next Submit Test for Grading Email Instructor All work saved. 5:19 PM 10/2/2020
PROBLEM 14: MMM Company started operations in 2019. The following data are abstractedfrom the company’s production and sales records: 2019 2020 2021 Number of units produced 120,000 116,250 101,250 Number of units sold 75,000 108,750 97,500 Unit production cost P 4.50 P 5.20 P 5.80 Sales revenue 600,000 900,000 975,000 Using the FIFO cost flow assumption, the gross profit for the year ended December 31, 2021 is:
Assume the following data for Eim Alex Company for the years 2019, 2020, and 2021. Year Lifting.(Production) Costs (excluding DD&A) DD&A Production bbl 2019 750,000 855,000 325,000 2020 685,000 787,000 297,000 2021 578,000 729,000 362,000 Compute the DD&A per BOE for 2019. O 2.6308 2.6380 2.3680
Final Exam (Fall 2020) -/6 > Question 22 of 50 View Policies Current Attempt in Progress Sheridan Corporation's Perfume division has a segment margin is $92000 for the current reporting period. Total assets at the beginning of the period were $807000 and $907o00 at the end of the period. What is the division's ROI? O 9.42% 10.74% O 11.40% O 5.37% Attempts: 0 of 1 used Submit Answer Save for Later MacBook Air esc 80 F3 888 F1 F4 44 トII F6 - 19 F8 @ #3 24 % & * 6. 7 8 9. W T Y. A D F H K く○
&external_browser%3D0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group ter 8 homework i Saved Help Save & Exit Sub Check my wor Samuelson and Messenger (SAM) began 2021 with 200 units of its one product. These units were purchased near the end of 2020 for $25 each. During the month of January, 100 units were purchased on January 8 for $28 each and another 200 units were purchased on January 19 for $30 each. Sales of 125 units and 100 units were made on January 10 and January 25, respectively. There were 275 units on hand at the end of the month. SAM uses a periodic inventory system. Required: 1. Calculate ending inventory and cost of goods sold for January using FIFO. 2. Calculate ending inventory and cost of goods sold for January using average cost. oped Complete this question by entering your answers in the tabs below. ook Required 1 Required 2 rint Calculate ending inventory and cost of goods sold for January using FIFO. rences Cost of Goods…
Data for Al-Riyadh Company for the year ending in 2020: (10 Marks) Date Explanation Beginning Inventory Jan 1 Units Unit Cost Total Cost 150 April 20 August 3 Purchase 10 1,500 4,800 5,600 2,400 14,300 400 Purchase 12 400 14 Dece15 Purchase 150 16 Total Units Available for sale 1,100 Additional Information: Total sales is 800 units. Price per unit sold is $30. Operational Expenses is $2,500. Instruction: 1. Find the units of the ending inventory. 2. Find the cost of ending inventory using: A. FIFO B. LIFO. C. Weighted Average. 3. Find the cost of sales using: A. FIFO. B. LIFO. C. Weighted Average. 4. Find the net profit using: A. FIFO. B. LIFO. C. Weighted Average.
Final Exam (Fall 2020) - /6 > Question 39 of 50 View Policies Current Attempt in Progress Pharoahlndustries manufactures light fixtures for home, retail, and industrial customers. The retail line has been showing losses for several years, and management is considering dropping the line. Recent income statements have been very similar to the following information which was prepared for the most recent year: Home Retail Industrial Total $550600 $320600 $830600 $1701800 Sales Variable costs 357800 218300 681500 1257600 Contribution 192800 102300 149100 444200 margin Fixed costs 125600 130600 115600 371800 Operating income $67200 $(28300) $33500 $72400 Of the fixed costs, $316800 of it is common costs that have been allocated equally to each product line. What will total operating income be if Pharoah drops the retail line? O $77300 O $(4900) O $100700 O $25100 Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air esc 888 F4 F2 F3 F5 F6 F7 F8 # 2$ & * 3 4 6. 8. W Y D F G H I!!