CengageNOWv2 | Online teachin xGrades for Gabriela Maldonado: X+m/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=falseeBookShow Me HowBreak-Even Sales Under Present and Proposed ConditionsPortmann Company, operating at full capacity, sold 1,000,000 units at a price of $188 per unit during the current year. Its inSales$188,000,000Cost of goods sold(100,000,000)Gross profit$88,000,000Expenses:Selling expenses$16,000,000Administrative expenses 12,000,000Total expenses(28,000,000)Operating income$60,000,000The division of costs between variable and fixed is as follows:VariableFixedCost of goods sold70%30%Selling expenses75%25%Administrative50%50%expensesManagement is considering a plant expansion program for the following year that will permit an increase of $11,280,000 in yearl$5,000,000 but will not affect the relationship between sales and variable costs.Required:1. Determine the total variable costs and the total fixed costs for the current year.Total variable costsWTotal fixed costs2. Determine (a) the unit variable cost and (b) the unit contribution margin for the current year.Unit variable costUnit contribution marginCheck My WorkEmail Inst✔●<

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Required: 1. Determine the total variable costs and the total fixed costs for the current year. Total variable costs 4 Total fixed costs 2. Determine (a) the unit variable cost and (b) the unit contribution margin for the current year. Unit variable cost Unit contribution margin

Required: 1. Determine the total variable costs and the total fixed costs for the current year. Total variable costs 4 Total fixed costs 2. Determine (a) the unit variable cost and (b) the unit contribution margin for the current year. Unit variable cost Unit contribution margin

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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CengageNOWY2 |Online teachix M(no subject) - morganmcgrew4@ X Alrn/takeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator3&inprogress=false Update eBook 4 Show Me How Break-Even Sales Currently, the unit selling price of a product is $280, the unit variable cost is $230, and the total fixed costs are $560,000. A proposal is being evaluated to increase the unit selling price to $310. a. Compute the current break-even sales (units). 9,600 X units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant. 6,000 X units Feedback Check My Work a. Fixed costs divided by the unit contribution margin equals break-even sales in units. b. Repeat the calculations in (a) using anticipated amounts. Previous Next Check My Work ems 734 PM /25/2021 O a ere to search
120 SRBBARH ageNOWv2 | Online teach x + SOFTWARE UPDATE takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false macOS Big Sur 11.3.1 is available and w later tonight. еВook 4 Show Me How E Print Item eak-Even Point Radison Inc. sells a product for $75 per unit. The variable cost is $34 per unit, while fixed costs are $494,214. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $83 per unit. a. Break-even point in sales units units b. Break-even point if the selling price were increased to $83 per unit units Previous Next Check My Work Save and Exit Submit Assignment for Grading Email Instructor MacBook Air
gageNOWv2 | Online teachin x zakeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator%3&inprogress3false Equipment with an estimated market value of $29,889 is offered for sale at $48,377. The equipment is acquired for $14,472 in cash and a note payable of $21,295 due in 30 days. The amount used in the buyer's accounting records to record this acquisition is Oa. $35,767 Ob. $44,361 Oc. $29,889 Od. $14,472 Next Previous 3:37 AM 5/9/2022
My Home gugevowv2| Online teachin x O ) (29) Lucky Daye Floods (A X + w.com/ilrn/takeAssignment/takeAssignmentMa.uo?invoker=&takeAssignmentSessionLocator=&inprogress3false eBook Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail price of their product by 10% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is presented below. Current Units sold 980 Sales Price per Unit $120 Variable Cost per Unit 86$ $22 Contribution Margin. per Unit Fixed Costs $18,722 Break-Even (in units) 851 Break-Even (in dollars) $102,120 Sales $117,600 Variable Costs $96,040 Contribution Margin $21,560 Fixed Costs $18,722 Net Income (loss) $2,838 If they enact the 10% price increase, what will be their new break-even point in units and dollars? If required, round final answers to nearest whole number. New Price Break-even (in units) Break-even (in…
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. $4,672,800
Home * CengageNOWv2 | Online teachin x takeAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator=&inprogress=false еВook B Show Me How Print Item Sales Mix and Break-Even Analysis Conley Company has fixed costs of $17,802,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $180 $99 $81 Zoro 225 135 90 The sales mix for products Yankee and Zoro is 80% and 20%, respectively. Determine the break-even point in units of Yankee and Zoro. a. Product Model Yankee units b. Product Model Zoro units
My Home ngagervowv2| Online teachin x enow.com/ilrn/takeAssignment/takeAssignmentMan.uo?invoker=&takeAssignmentSessionLocator=&inprogress=false (29) Quavo - WORKIN ME ( X + eBook 回一 Marlin Motors sells a single product with a selling price of $350 with variable costs per unit of $140. The company's monthly fixed expenses are $42,000. A. What is the company's break-even point in units? Break-even units units B. What is the company's break-even point in dollars? Break-even dollars $ C. Prepare a contribution margin income statement for the month of November when they will sell 110 units. Use a minus sign for a net loss if present. Income Statement D. How many units will Marlin need to sell in order to realize a target profit of $37,800? units New break-even units E. What dollar sales will Marlin need to generate in order to realize a target profit of $37,800? (Previous New break-even dollars $$ Arrignment
* CengageNOWv2 |x C Power Serve Comp. X ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentScssionLocator &inprogress=false eBook Calculator Print Item The conderised pruduct-line income statement for Rhinebeck Company for the month of October is as follows: Rhinebeck Company Product-Line Income Statement For the Month Ended October 31 Hats Gloves Mufflers Sales $65,800 $88,500 $27,600 Cost of goods sold (25,800) (32,100) (13,800) Gross profit $40,000 $56,400 $13,800 Selling and administrative expenses (29,000) (34,500) (14,500) $11,000 $21,900 $(700) Operating incorne (loss) Fixed costs are 12% of the cost of goods sold and 36% of the selling and administrative expenses. Rhinebeck Company assunes that fixed costs would not be materially affecter discontinued. a. Prepare a differential analysis dated October 31 to determine if Mufflers should be continued (Alternative 1) or discontiriued (Alternative 2). If an amount is zero, enter "0 indicate a loss. Differential Analysis…
A My Home ngagevowv2.| Online teachir x gagenow.com/ilrn/takeAssignment/takeAssignmentMa.uo?invoker%3D&takeAssignmentSessionLocator=&inprogress=false D)(29) DJ Khaled - EVERY CHA X eBook Show Me How Marshall & Company produces a single product and recently calculated their break-even point as shown below. Current Units Sold 410 Sales Price per Unit $520 Variable Cost per Unit $375 Contribution Margin per Unit $145 Fixed Costs 006 Break-Even (in units) 28% Contribution Margin Ratio Break-Even (in dollars) $10,400 What would Marshall's target margin of safety point be in units and dollars if they required a $13,775 margin of safety? units Target margin of safety
1/1 gageNOWv2 | Online teachir xE com/ilm/takeASsignment/takeAssignmentMankao?invoker=&takeAssignmentSessiontocator=&inprogress%3Dfalse Garrison Boutique, a small novelty store, just spent $4,000 on a new software program that will help in organizing its inventory. Due to the steep learning curve required to use the new software, Garrison must decide between hiring two part-time college students or one full-time employee. Each college student would work 20 hours per week, and would earn $15 per hour. The full-time employee would work 40 hours per week and would earn $15 per hour plus the equivalent of $2 per hour in benefits. Employees are given two polo shirts to wear as their uniform. The polo-shirts cost Garrison $10 each. What are the relevant costs, relevant revenues, sunk costs, and opportunity costs for Garrison? OA. Relevant costs: benefits: $2 x 40 hours; uniforms: S10 x 2 shirts. Relevant revenues: None. Sunk costs: $4,000 for software. Opportunity costs: $4,000. OB. Relevant…
Unauthorized My Home CengageNOWv2| Online teachin x + -> https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogres. Chapter 20 еВook Operating Leverage Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $1,250,000 $2,000,000 Variable costs (750,000) (1,250,000) Contribution margin $500,000 $750,000 Fixed costs (400,000) (450,000) Operating income $100,000 $300,000 a. Compute the operating leverage for Beck Inc. and Bryant Inc. If required, round to one decimal place. Beck Inc. Bryant Inc. b. How much would operating income increase for each company if the sales of each increased by 20%? Dollars Percentage Beck Inc. % Bryant Inc. % c. The difference in the increases of operating income is due to the difference in the operating leverages. Beck Inc.'s higher operating leverage means that its fixed costs are a larger percentage of contribution margin than are Bryant Inc.'s. Feedback 6:43 PM…
CengageNOWv2| Online teachin X m/takeAssignment/takeAssignmentMain.do?invoker3&takeAssignmentSessionLocator=&inprogress=false ☆ 国。 Paused Calculator EPrint Item Alfredo Company purchased a new 3-0 printer for $960,000. Although this printer is expected to last for ten years, Alfredo knows the technology will become old quickly, and so they plan to replace this printer in three years. At that point, Alfredo believes it will be able to sell the printer for $10,000. Calculate yearly depreciation using the double-declining-balance method. Round final answers to nearest whole dollar amount. Year 1 Year 2 Year 3 Y Check My Work The double-declining balance uses 'double' the straight-line rate for depreciation. The 'base' that is used to apply that rate is the book value of the asset (determined by subtracting the balance in the accumulated depreciation account from the original cost of the asset). *** Previous Next Check My Work Save and Exit Submit Assignment for Grading All work saved.…