Consider the following information:   ITEM SALES(Units) SALES VARIABLE COST A           9000          $54000      5.95 B           12000        60000         3.75 C           15000         60000         3.50 D           25000         75000        1.75 Costs of the period are as follows (salaries $45000, rent $10000, depreciation $8000, furniture and computers $24000, raw materials $ 120,000, insurance $5000, periodic maintenance $4000, interest expense $3000, utilities (fixed) $4000, property tax $3000, advertising $9000 (set at the beginning of the year), and new cars $62000). What is the breakeven point for all items? How many units of item A, B, C, & D are needed to breakeven? Calculate the profit of item A.

Q: For the next questions, please refer to the given data: UNIT UC Total Cost November 1 Balance 20,000…

A: Under weighted average method, the goods are sold on the basis of average cost of all the units…

Q: Calculate the selling price if the company adds mark-up of 82% on variable manufacturing costs.

A: Variable costs are those costs which change with the level of production or activity. The variable…

Q: For Sheridan Company, sales is $2000000, fixed expenses are $900000, and the contribution margin…

A: Solution: Fixed expenses = $900,000 Target net income = $700,000 Contribution margin ratio = 36%

Q: Identify each cost below as variable (V), fixed (F), or mixed (M), relative to units sold. Explain…

A: Variable cost is the cost that varies with the changes in output. Fixed cost is the cost that is…

Q: For each total fixed cost listed below determine the fixed cost per unit when sales are 35, 70, and…

A: Fixed cost in total is constant but fixed cost per unit will decrease when production volume…

Q: Carla Vista Company sells its product for $10400 per unit. Variable costs per unit are:…

A: Variable costing or direct costing is a method that is used to allocate the variable cost to the…

Q: Use the data to prepare the cost statement and income statement by use the variable cost . The…

A: The above question relates to preparation of Cost Sheet and Income Statement and Number of units…

Q: Type of cost Sales person commision Wages Expense Fringe benefit for direct labor Utility expense -…

A: While preparing a production  budget we will considered estimated cost to have look how much cost we…

Q: Sondela Ltd is a manufacturing company that is planning to use the cost-plus pricing method to set…

A: Total  Variable cost per unit = Direct material + Direct labour + Manufacturing overheads + Sales…

Q: HWGMOF373 Corp has the following data: Unit selling price Unit variable expenses (ID#72095) Total…

A: The margin of safety is the excess value of sales over the break-even sales. It can be calculated by…

Q: The following is data from the Coft Company which manufactures and sells helmets. Cost Cost…

A: High Low Method. In cost accounting, the high low method is used to calculate the variable cost and…

Q: How much is the unit contribution margin?

A: Contribution Margin: It is the difference between the selling price and the variable cost per unit.…

Q: For each total fixed cost listed​ below, determine the fixed cost per unit when sales are 25​, 50​,…

A: Fixed Cost per Unit = Total Fixed Cost/Units Sold

Q: 1. The Variable Cost of Goods Sold in the Marin Company totals P325,000. Fixed selling and…

A: Contribution margin = Sales - Total Variable cost   Total Variable cost = P325,000 + P210,000 Total…

Q: Platinum Corporation gathered the following data for its maintenance costs: Units produced Total…

A: A high low method is used to differentiate the fixed cost and variable cost.

Q: 1. Calculate Economic Order Quantity (EOQ), number of orders, annual ordering costs, annual carrying…

A:

Q: Nadia company produced electronic equipment if variable cost is 10$ and fix cost 20000 and Variable…

A: The break even sales are calculated as total fixed cost divided by contribution margin ratio.

Q: The following table represents the impact of purchases on the operating income: Alternatives…

A: All the transactions of the company that are happened during the year will be recorded first in the…

Q: The following information is available for ABC Company: Variable Cost = $1 per unit Total Fixed…

A: Given, Variable cost = $1 per unit Fixed Cost = $5000 Price per unit = $5

Q: Year    Production-units     Total Cost       2015    100,000     $ 500,000.00      2016    150,000…

A: Highest level is found at year 2019 Lowest level is found at year 2015

Q: According to 3 different types of businesses; (total fixed expense 120,000) X product 40 pieces,…

A: Total fixed expense = 120,000 Product X  Unit Selling price = 5,000 Unit variable expense = 2,000…

Q: Assume the following information for a product line: Sales $700,000 Variable cost of goods sold…

A: Cost: The amount paid to purchase the asset, install it, and put it into operations, is referred to…

Q: Total Variable cost is 490,000 OMR total units sold is 7000 units, total fixed cost is 80000…

A: TOTAL FIXED COST = 80000 OMR VARIABLE COST PER UNIT = 490,000 OMR / 7000 UNITS = 70

Q: 2. For financial accounting purposes, what is the total amount of period costs igcurred to sell…

A: Period cost are those cost which is not directly connected with the production process. All other…

Q: Q/ The value of monthly sales for the factory produce electric lamps (17500) and the rate of…

A: The term break-even is a point where all the costs of the entity are recovered and there could be a…

Q: Waterway Industries’s cost of goods sold is $ 520000 variable and $ 290000 fixed. The company’s…

A: Total cost of goods sold = 520,000 + 290,000 = 810,000 Total selling and administrative expenses =…

Q: 1. If a company sells goods that cost S80,000 for $92,000, the firm will: A. reduce Finished-Goods…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: # of Units Total Variable Total Fixed Total Total Periods Produced Cost Cost Cost Revenue…

A: Answer to Part a. i.e. Making a Break Even Chart as asked by student to help upon is in Step - 2

Q: 1. Profit or loss computation The net sales of Eagle Company in 2020 is P580,000. The cost of goods…

A: Net Income of the business can be calculated by deducting all the expenses from all the incomes in…

Q: 3. From the following particulars, Calculate, BEP (Units and amount) and Margin of safety, if actual…

A: Formula to be used   1. Contribution Per unit= Sale price-contribution per unit   2. P/V Ratio=…

Q: Sheridan reported the following information for the current year: Sales (58000 units) $1160000,…

A: Break-Even Point: It is the point of sales at which entity neither earns a profit nor suffers a…

Q: According to following information, Number of units produced is 20000. Variable Total Costs Fixed…

A: Formula: Total cost = Variable cost + Fixed cost. Cost per unit = Total cost / number of units…

Q: A truckload of materials was purchased for $ 36,000. They were sorted out into the following grades…

A: From the given information in the problem we will calculate the rate of unit in below steps.

Q: The cost and volume information below: Volume                      Cost    1 unit…

A: Variable cost:

Q: What is National's estimated annual usage in units? * Format: 1,111,111 National Co. has determined…

A: Order size (Q) = 10,000 units Total order cost in year (TC) = P20,000 Cost per order (O) = P100

Q: Calculate the direct material from the following information: Direct expenses RO 90,000, Direct…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Use the data to prepare the cost statement and Income statement by use the Total cost and Variable…

A: Cost Statement includes all the data related to cost like direct material, direct wages, direct…

Q: The following cost have been estimated based on sales of 30,000 units Direct materias P300,000…

A: Contribution margin = Total sales - Total variable costs where, Total variable costs = Direct…

Q: Ramona Company reported the following data. Price per unit = $10 Sales price Variable cost per unit…

A: Under Marginal costing (variable costing) contribution percentage or contribution per unit of…

Q: TRY YOUR UNDERSTANDING QUESTION Number of units produced 6,000 Units sold 5,000 Units in opening…

A: The absorption costing system determines the income earned by taking the portion of fixed cost…

Q: Quantity (Product X) - 1,200.00 Quantity (Product Y) - 1,800.00 Purchase cost per unit (Product X) -…

A: Cost of goos sold include all direct cost of production such as direct material cost, direct labour…

Q: The daily utility function in (in soles) gener- ated by the sale of which items is given by function…

A: The utility function is defined as one of the measures to measure the preferences of the customers…

Q: Ramona Company reported the following data. Price per unit = $10 Sales price Variable cost per unit…

A: Net income is the amount of operating revenue left after paying the operating expenses. This is an…

Q: Using ABC analysis, which of these should be classified as A item/s based "Annual Usage Cost"? Item…

A: Annual usage cost refers to the expenses involved in utilizing a certain product with a certain…

Q: Solve following 1) Units sold 10000 Variable Expenses $0.07Million C.M.P.U $13 NI $0.012Million…

A: Costing is the process of assigning cost to various raw materials and processes that the product has…

Q: Tony's Company has the following information for March: Sales $1,000,000 Variable cost of goods…

A: Contribution margin is part of cost volume profit analysis. That indicates that excess of revenue…

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.