QUESTION 22 Beverage Sales $200K; Beverage Sales% -25; Payroll Cost% - 30; Net Profit - $25k; Gross Margin - $320K. Calculate the following: Payroll Cost - For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
Q: 21. Future Company's projected income statement for the month before any special order is as…
A: Accepting the special order will not increase any fixed expenses, there will only change in…
Q: Exercise 22: The annual demand for an item is 3,200 units. The units cost is P6 and inventory…
A: Economic Order Quantity was used by the entity to find the required order level of inventory and it…
Q: 20x4 20x5 Cost incurred during the year. Estimated costs to complete Billings during the year. Cash…
A: 1. Particulars 20X4 20X5 Cost incurred during the year (a) 1,500,000 1,300,000 Estimated cost…
Q: . Direct labor budget 5. Factory overhead budget 6. Cost of goods sold…
A:
Q: giver JulyRM1,500,000 Aug RM1,600,000 Sept RM1,700,000 Oct RM1,800,000 RM1,900,000 RM1,800,000 Nov…
A: Cash Budget: It is that tool, which indicates the amount of available cash is appropriate or not for…
Q: Exercise 22-19 Cash conversion cycle LO A4 ($ millions) Accounts payable, end of year $ 49,049…
A: Days in receivable = 365 x Accounts receivable, ending / Net sales = 365 x 17,874 / 229,234 = 28…
Q: 9. Statement 1 (S1): A home office records shipments to its branch at billing prices and adjusts the…
A: As per our protocol we provide solution to the one question only but you have asked two multiple…
Q: ata Year 2 Quarter Year 3 Quarter 1 3 4 1 udgeted unit sales 40,000 60,000 100,000 50,000 70,000…
A: Solution:
Q: Q+1: The income statement for the Stylo Company for the past ycaris: $4,500,000 Sales (150000 units…
A: Decision making is a process or an act of deciding something using rational thinking, intuition and…
Q: 14. ABC Company sells 3 products. Sales and CMR for the 3 products follow: Product A В C Sales…
A: Particulars A B C Sales P20000 P40000 P100000 Contribution Margin Ratio 45% 40% 15% CMR as…
Q: QUESTION 27 The following information pertains to Hepburn Company: Month Sales Purchases January…
A: The cash budget is prepared to record cash receipts and payments during the period.
Q: , 40% in the month following, 8% in the second month following, and 2% uncollectible. Credit sales…
A: Given: To prepare the cash budget of the month which is ending of quarter Sep 30, 201A as, As…
Q: Oman Environmi w.dassmarker.com/online- on 6 of 16 ABC Computers (January) Actual (OMR) Target (OMR)…
A: Given that: Actual labour costs = OMR 166000 Target labour costs = OMR 175000
Q: Eencise 35 A sales Iudgd Rir the fra five monihs ofr 2021 is iven om a certn product tine…
A: Boots style Inc.…
Q: Ox1. The folowing information nas been extracted from the company's accounting records: All sales…
A: This question is about the cash budget. For the preparation of the cash budget, one needs to add all…
Q: Question 7 The annual requirement for materials AB of Amor Company total 21,000 units. The cost to…
A: Economic Order Quantity is optimal order quantity to minimize total cost related to holding cost and…
Q: sa percent of sales in the last line of your report, rounded to one decimal place. 5 aun apn Isaac…
A: Gross profit margin the ratio of gross profit/(loss) to total revenue.
Q: 1. The ordering costs related to a product are P12.50 per order. The cost of carrying one item of…
A: Hi student Since there are multiple questions, we will answer only first question.
Q: Libscomb Technologies' annual sales are $6,879,896 and all sales are made on credit, it purchases…
A: The operating cycle is the period which provides the days which required the company to convert it's…
Q: Problem 11-5 (IAA) Tragie Company provided the following data for purchases and sales: Sales…
A: Gross income/ profit is the amount remaining after deducting the cost of goods sold from sales.…
Q: 1. Prepare a CVP income statement for 2017 based on management’s estimates. 2. Compute the…
A: Cost-volume-profit (CVP) analysis is a method of cost accounting that looks at the impact that…
Q: A Company has 20 days as average raw material inventory holding period (AAI), 15 days processing…
A: Here, Average Raw Material Inventory Holding Period is 20 days Processing Time is 15 days Finished…
Q: Prepare the following schedules or statements for 2016: 1. Sales budget 2.…
A: 1. Formula
Q: QUESTION 1 Nice2022 Limited is a company producing and selling plastic products. Sales price per…
A:
Q: Problem 10-50: Comprehensive Profit Plan Background Spring Manufacturing…
A: Income Statement: A financial statement which shows profitability of company over a period of time…
Q: For the next questions, please refer to the given data: UNIT UC Total Cost November 1 Balance 20,000…
A: Cost of goods sold is arrived at by adding up opening inventory with purchases and then sales and…
Q: 29. Use the following information for questions (29 to 32). The following informa pertains to Adel…
A: Budget: A budget is an estimation to determine the income that will be earned and expenses that will…
Q: View Policies Current Atternpt in Progress Blue Spruce Corp.reported net sales $ 1,000,000; cost of…
A: Gross Profit margin of the company means how much margin company is earning on account of gross…
Q: PROBLEM 23-10A IS MY QUESTION. POSTED 23-9A FOR REFERENCE FOR 23-10A. Problem 23-9A: Zowine…
A: The cash flow statement is prepared to record the cash flow from various activities including…
Q: 18. Assume the company's monthly target profit is $17,000. The dollar sales to attain that target…
A: Break even= Break even is a point where total sales are equal to total costs. this point is showing…
Q: Problem 1. The following pertains to the financial records of SinoTrump Company: Sales Purchases…
A: Lets understand the basics. Management is require to track the cash inflow and cash outflow so that…
Q: PROBLEM 14: MMM Company started operations in 2019. The following data are abstracted from the…
A: Inventory remained from 2019 = 120000 - 75000 = 45000 Sales in 2020 from 2019 production = 45000 and…
Q: Q # 1: The income statement for the Stylo Company for the past year is: Sales (150000 units @ $30)…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Omega Enterprises sells two products, Model E100 and F900. Monthly sales and the contribution margin…
A: Formulas; Contribution Margin%=ContributionSales×100
Q: Zulfiqar Incorporation produces and sells a single product, has provided its contribution format…
A: Cost-Volume-Profit analysis is the technique of managerial accounting, which examines that how…
Q: Micky2, Inc. sells two products X and Y. Data concerning the company for July follow: Product X:…
A: >Net Income is actually the excess of Revenues over total cost. >Total cost can be classified…
Q: QUESTION 7 Using the following information, calculate the monthly net profit Sales for the month…
A: Net profit = Total revenues - Total expenses Profit margin = Net profit / Total revenues
Q: Problem 3: Economic Order Quantity GHI Company has an annual demand of 100,000.00 units of Material…
A: The total of material to be ordered at one time is known as the Economic ordering quantity. This…
Q: Prob current year: 5,250,000 150,000 250,000 Purchases Purchase returns and allowances Rental income…
A: An income statement is a financial report that indicates the revenue and expenses of a business. It…
Q: PROBLEM 14: MMM Company started operations in 2019. The following data are abstracted from the…
A: Hi student Since there are multiple questions, we will answer only first question.
Q: Calculate Net Profit in dollars.
A: Information Provided: Total sales = $1,500,000 Gross profit = 40% of Sales Payroll Costs = $257,000…
Step by step
Solved in 2 steps
- e 1 of 16)- Google Chrome om/mod/quiz/attempt.php?attempt3D1893419&cmid%3891193 NG SYSTEM (ACADEMIC) erial Accounting - Spring21 %3 Time left 1:58:1 Company XYZ has three products A, B and C. The sales mix for products A, B and C are 7,5 and 4 units respectively. The contribution margin per unit for products A, B and C are $900, $600 and $400 respectively. Assuming that the fixed costs were $2,272,000. What is the breakeven point in units (in total)? (rounded to the nearest number) O a. None of the given answers O b. 1,641 O c. 6,745 O d. 3,335 O e. 800 The contribution margin ratio is 50%. If total fixed costs are $21.000, then what is the total cost ($) of producing andUsing the following information, determine the activity rate for the purchasing activity. Activity Estimated Activity Cost Estimated Activity-Base Usage Setup $80,000 1,000 Purchasing 130,000 10,000 Inspecting 50,000 2,000 a.$2.00 b.$8.00 c.$130.00 d.$13.00826 XVfx A B C D E F G H 1 K L M N 0 P 2 Product Product 4 3 From: Feb Question #1 (Part A) - Create a function using match, index and offset to sum the total of the revenue for each product given a set range. *Assume the user will always correctly enter a from month before the to month 4 To: Apr 5 Total 6 7 Product Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 8 Product 1 106 174 114 92 167 149 174 107 145 177 142 153 9 Product 2 181 135 133 170 153 90 129 124 165 135 155 171 10 Product 3 116 150 166 167 164 141 176 117 141 108 155 164 11 Product 4 111 161 184 139 181 149 145 115 167 160 117 129 12 Product 5 186 156 135 136 145 183 178 160 148 150 166 131 13 14 15 16 17 18 19 20 + 21 22 23 24 35
- = UDY_Jan... MANCOSA All tools Edit Convert Sign 76 IT PGDPM___Pr... PGDPM_Proj... Project_Proje... Rubric_CSTU... 3.2.Required Calculate the following from the information provided below: 3.2.1.Net profit or loss 3.2.2. The number of units that must be sold to obtain a profit of R1 000 000. INFORMATION The following projected figures were obtained from Drake Traders: Sales (50 000 units @ R24) Variable cost Fixed cost 69 zoom PROJ_Jan23_PGDPM_P... X R 1 200 000 280 000 88 600 Find text or tools Q + Create (3) (4) : 0) U & < 1:32 AM 9/17/2023 X យ 4 3 U 3HRM ASSIGNMENT- MBA II SEM POF Entrepreneurship_MBA II Sem.pd x PDE Financial Management - MBA II X O File | C:/Users/ANIKET%20PATWA/Downloads/Financial%20Management%20-%20MBA%2011%20Sem%20.pdf (D Page view A Read aloud V Draw E Highlight 1 of 2 ++ Erase Profit Rs.10,000 Variable Cost 70% 4. The comparative statement of two companies, namely Radha Co. Ltd and Mohan Co. Ltd. given below: Particulars Radha Co. Mohan Co. Sales 400000 400000 Variable Cost 200000 200000 Contribution Calculate? Calculate? Fixed Cost 100000 EBIT Calculate? Calculate? Interest 1000 EBT Calculate? Calculate? You are required to calculate different leverages, and comment which company is better in financial terms, assuming the rate of taxes is 30% and number of shares is 6000. 5. N O 15:58 O Type here to search a 4)) ENG 25 03-05-2021 +Example 14: CVP Analysis Application: For example, sale price of one laptop is $500, sales revenue=500Q; Assume that expense is Y=a+bx=$80,000+300Q. We can draw two lines to assume Horizontal line (X) is the units sold Q and Vertical line (Y) is dollar sales $. We need to draw a graph using this information
- Draw V Type here to search Read aloud 7-2B-CVP Analysis, "What if?" Analysis Kevin Co.'s projected contribution-format income statement for the upcoming month is shown below: Sales (500 units) Variable expenses Contribution margin local or shared file Fixed expenses Net operating income $10,000 4,000 6,000 1,000 $5,000 Required: a.) Compute the breakeven point in units. b.) Compute the breakeven point in dollars. c.) If the company wishes to earn a monthly target profit of $10,000, how many units must be sold each month? d.) Compute the company's margin of safety. State your answer in both dollar and percentage terms. e.) The company's manager thinks that adding a salaried sales staff member at a cost of $2,000 per month will increase sales by $4,000 per month. If he is correct, what will be the net dollar advantage or disadvantage of making this change? f.) Refer to the original data, the company's manager believes that a new production process will improve profitability He plans to…ageNOWv2 | Online teachin X + m/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress... If a business had sales of $3,894,000 and a margin of safety of 20%, the break-even point in sales dollars was Oa. $778,800 Ob. $3,115,200 Oc. $7,009,200 Od. $4,672,8001. Compute the missing term. Dollar Markup Cost $427.38 a. $216.41 dollar markup b. $361.41 dollar markup c. $261.41 dollar markup d. $1,116.17 dollar markup Selling Price $688.79
- Customers balance December 31, 2023 om customers e balance, March 31, 2024: cted in 2nd Ot 2024 Data table Total sales Budgeted purchases of direct matenal Budgeted direct labor cost Budgeted manufacturing overhead costs Variable manufacturing overhead Depreciation Insurance and property taxes Budgeted selling and administrative expenses Salaries expense Rent expense Insurance experese Depreciation experie Supples expense Print Done 208.000 40,900 37,500 1,100 1.200 6,700 4,000 1,000 1,400 6.240Example-4 Open with Google Slides The Garware Paints Ltd presents to you the following income statement in a condensed form for the first quarter ending March 31: Particulars Sales Variable costs Contribution Fixed costs Net income P/V ratio Break-even sales Sales-mix (per cent) X Rs 1,00,000 80,000 20,000 0.20 0.50 Product Y Rs 60,000 42,000 hy 18,000 0.30 0.30 Z Rs 40,000 24,000 16,000 0.40 0.20 Total Rs 2,00,000 1,46,000 54,000 27,000 27,000 0.27 1,00,000 100 Determine the Break-even point for the firm. □ How many units of each product X, Y and Z need to be sold in order to achieve the Break-even, given the selling price of Rs. 10, 15 and 5 respectively? Assumption: Sales Mix remains Constantb) Write Excel Formulas for given data sheet A B D E 1 Product Product Price per Sales tax(10% |Net Price No item of price) ? name 2 1 Mouse 5000 keyboard joyStick 3 1000 4 3 1500 4 VGA cable 800 6. Monitor 15000 Total price of all items 5% concession on total price 7 ? 8 ? 9. Total bill ? Dage 213