Q.1.2 RiverMax (Pty) Ltd produces three items, X, Y and Z, which it supplies to the local stores. The table below indicates the budgeted information for 2023: X Y Z Sales (units) 35 000 34 000 48 000 Selling price per unit R17 R26 R23 Variable cost per unit R11 R18 R12 Annual fixed cost R250 000 R310 000 R360 000 Required: Calculate the aggregate break-even units and sales for RiverMax (Pty) Ltd. Round off your answers to the nearest whole number.
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- 6. Bloomsbury plc sells one product for which data for a budgeted period are given below: Selling price per unit Variable cost per unit Fixed cost per unit 80 48 16 Fixed costs are based on a budgeted level of activity of 5,000 units. Calculate the total costs of production of 5,000 units: A. £80,000 B. £240,000 C. £320,000 D. £400,000.Accounting Please solve it ASAP with all requirements Q.7. Toews Ltd has prepared the following flexible budget for the coming year. The Budgeted level of activity is 7,500 units. £ Sales 250,000 Direct material 75,000 Direct labour 60,000 Variable overheads 30,000 Fixed overheads 45,000 Profit 22,500 lf the budget is flexed to a level of activity of 10,000 units, what would the total budgeted cost be? a) £280,000 b) £265,000 c) £123,750 d) £168,750Q3: Fantastic Cement Manufacturing Company expects from you to calculate and present the master budget for the year 2020 from the following information? 1. Sales budget: Type 1 cement Br400, 000 Type 2 Cement Br600, 000 2. Production costs budget: Direct material cost 70% of sales Direct wages Br 50,000 3. Manufacturing overhead budget : Fixed manufacturing overhead Br 24,000 Variable manufacturing overhead Br 36,000 4. Total Operating expenses budget Br 30,000 Required: prepare a Master Budget for Fantastic Company for Year 2020 and show the expected net profit by considering the above data only
- 2.3 REQUIRED Use the information provided below to determine the optimum mix of products that should be produced by Volex Limited. Also indicate the total contribution that would be earned. INFORMATION Volex Limited has only 2 500 machine hours available to produce three products viz. Product A, Product B and Product C. The following budgeted information relates to the three products for January 2024: Product A Product B R60 R75 R36 R30 4 hours 5 hours 280 units 300 units Sales price per unit Variable costs per unit Machine hours required per unit Estimated sales demand Product C R90 R60 2.5 hours 320 unitsFinance management PnA calculators. The following information was extracted from the budget for the yearended 31 December 2023: $Sales 10 400Selling price per calculator350Variable production cost per unit216Fixed production costs154 000Variable selling and administrative costs per unit29Fixed selling and administrative costs82 000 Calculate the following:a) Break-even quantityb) Break-even value using the marginal income ratioc) Margin of safety (in terms of units)d) Expected total marginal income and net profitThe Management Accountant of Kafululu Plc has prepared the following budget information for theyear ending 31st December 2022 for product A. Annual Fixed Costs K270,000.00 Variable costs per unit K90.00 Contribution to sales ratio(C/S) 75% Annual budget units 1,500 Required:a) Calculate the contribution per unit for Product A. b) Calculate the Unit Selling Price for Product A. c) Calculate the Break Even Point for Product A. d) Calculate the margin of safety in Units and in percentage terms. e) If the Selling Price per Unit is reduced by 10%, variable cost per Unit is increased to K100.00and Fixed costs remain unchanged, calculate:i. The new Breakeven Point. ii. The total units that should be sold in order to make a profit of K450,000 in 2020.(
- The following are selected budgeted data for Green Company for the coming year: Budgeted sales ₱600,000 Selling price per unit ₱12 Fixed expenses ₱150,000 Variable cost per unit ₱8 What is the breakeven point in units? Show solution Group of answer choices 018,750 012,500 150,000 037,5002.2.Total Marginal Income and Net Profit/Loss of each proposal. 2.3. Break-even quantity of each proposal. INFORMATION- The following budgeted information for the month ended 31 December 2021 was provided by Glasfit Ltd fora product produced from one of its projects:Sales (30 000 units X R10 per unit) R300 000Total variable costs (30 000 units X R4.50 per unit) R135 000Total fixed costs R66 000Net profit R99 000The profit forecast is less than what was hoped for. The sales manager suggested two proposalsto improve the position: Proposal A involves launching a new marketing campaign. This would involve additionalfixed costs of R16 500 for advertising. Sales volume is expected to increase to 33 000 units,with no change in the unit selling price and variable costs. Proposal B involves a R1 per unit reduction in the selling price. Fixed costs will reduce byR9 000. The sales volume is expected to be 35 000 units.Q5): ABC Ltd makes three products and reviewing the profitability of its product line. You are given following budgeted data about firm for coming Year. Products F1 F2 F3 Sales (in Units 000) 120 100 80 Revenue (RS. in 0000) 144 150 88 Costs: Rs.) Material 480,000 500,000 240,000 Labor 320,000 400,000 160,000 Overheads 600,000 650,000 360,000…
- 7.3 Shown below are the totals from 2018 period budgets. Revenue budget Materials usage from production budget Labor cost budget Manufacturing overhead budget General and administrative budget Capital expenditure budget P100,000 15,000 20,000 20,000 30,000 20,000 32 How Work-in-Progress Inventories: Beginning of 2018 End of 2018 ndilet b rsM x) 1E valM 10,000 lsa 5,000 PLS Finished Goods Iventory: Beginning of 2018 End of 2018 Pla 15,000 10,000 Tax Rate 40% hen dees20 oldibsllonU Instructions: nongt od Prepare a forecasted Income Statement for the year. bas sldigilgonQ49 Arrow, Incorporated, manufactures two products that it sells to the same market. Excerpted below are its budgeted and actual operating results for the year just completed: Budget Actual Unit sales Product X 21,500 40,000 Product Y 89,000 79,000 Unit contribution margin Product X $ 6.00 $ 3.90 Product Y $ 13.00 $ 14.00 Unit selling price Product X $ 13.00 $ 14.00 Product Y $ 30.00 $ 29.00 Industry volume was estimated to be 1,865,000 units at the time the budget was prepared. Actual industry volume for the period was 2,400,000 units. Arrow measures variances using contribution margin. The weighted-average budgeted contribution margin per unit is: Multiple Choice $10.43. $11.64. $12.23. $9.12. $9.17.SOM plc sells one product for which data for a budgeted period are given below: Selling price per unit Variable cost per unit Fixed cost per unit £ 90 40 22 Fixed costs are based on a budgeted level of activity of 5,000 units. Calculate the total costs of production of 5,000 units: A. £110,000 B. £250,000 C. £450,000 D. £310,000.