Chap. 3 Homework Assignment iSavedHelpSave & ExitSubmitCheck my work5!Required informationPart 2 of 2[The following information applies to the questions displayed below.]Warner Clothing is considering the introduction of a new baseball cap for sales by local vendors. The company hascollected the following price and cost characteristics.1.66pointsSales price15 per unit3 per unit42,000 per monthSkipped2$Variable costsFixed costsеВookAssume that the company plans to sell 5,000 units per month. Consider requirements (b), (c), and (d) independently of each other.PrintRequired:a. What will be the operating profit?b. What is the impact on operating profit if the sales price decreases by 10 percent? Increases by 20 percent?c. What is the impact on operating profit if variable costs per unit decrease by 10 percent? Increase by 20 percent?d. Suppose that fixed costs for the year are 10 percent lower than projected, and variable costs per unit are 10 percent higher thanprojected. What impact will these cost changes have on operating profit for the year? Will profit go up? Down? By how much?References

a) Operating profit: An operating profit is the profit from business operations( gross profit -…

Answered: Required: a. What will be the operating…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Home CengageNOWv2| Online teachin X akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false еВook | Show Me How Print Item Target Profit Beard Company sells a product for $15 per unit. The variable cost is 10 per unit, and fixed costs are 1,750,000. Determine (a) the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $400,000. a. Break-even point in sales units X units b. Break-even point in sales units required for the company to ach ve a target profit of $400 X units Feedback Check My Work a. Unit sales price minus unit variable costs equals unit contribution margin. Fixed costs divided by unit contribution margin = break-even point in units. b (Fixed costs Target profit) divided by unit contribution margin = sales units.
? eBook Print References Cove's Cakes is a local bakery. Price and cost Information follows: Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed costs per month $ 13.91 2.20 1.16 0.21 4,653.00 Required: 1. Calculate Cove's new break-even point under each of the following Independent scenarios: a. Sales price increases by $1.30 per cake. b. Fixed costs Increase by $470 per month. c. Variable costs decrease by $0.26 per cake. d. Sales price decreases by $0.50 per cake. 2. Assume that Cove sold 465 cakes last month. Calculate the company's degree of operating leverage. 3. Using the degree of operating leverage, calculate the change in profit caused by a 5 percent increase in sales revenue. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate Cove's new break-even point under each of the following independent scenarios: Note: Round your answers to the nearest whole number. Required 3 a. Sales price…
Unauthorized My Home CengageNOWv2 | Online teachin × + https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogres. Chapter 20 еBook Show Me How Contribution Margin Ratio a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 40%, sales were $34,800,000, and fixed costs were $1,500,000, what was the operating income? $4 6:39 PM 63°F 11/5/2021
#becausesneaker... CH 21 HW--MJR v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&take AssignmentSes Custom Order eBook Show Me How Target Profit Outdoors Company sells a product for $195 per unit. The variable cost is $100 per unit, and fixed costs are $332,500. Determine (a) the break-even point in sales units and (b) the sales units required to achieve a target profit of $63,175. a. Break-even point in sales units b. Break-even point in sales units required to achieve a target profit of $63,175 units units
Question 3Study the scenario and complete the questions that follow:Nonna Greco LimitedNonna Greco Limited manufactures and sells Italian HIP sunglasses. The following information relatesto January 2020:Units manufactured and sold: 500Income statement:RSales 261 500Less: Manufacturing costs 223 000Material 75 000Labour 50 000Manufacturing overheads (@ R20 per machine hour) 98 00038 500Less: Selling and administrative expenses (60% fixed) 17 500Net profit 21 000The following changes will come into effect on 1 February 2020: A sales price increase of 10%, resulting in a 5% decrease in sales volume. Due to negotiations with the labour union, the labour rate per hour will increase by 6%. It is expected that material costs will increase by 10%.The variable budget for manufacturing overheads indicates a total cost ofR94 400 at a capacity utilisation of 4 600 hours.Source: Hunde, T. (2020)Required:3.1 Calculate the total marginal income and marginal income per unit for the year ended 1…
G 1. Compute the companys deg X Connect tent A https://ezto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser=0&l Saved napter 05 Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (9,600 units at $225 each) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs $2,160,000 1,728,000 $432,000 324,000 Pretax income $ 108,000 1. Compute the company's degree of operating leverage for 2019. 2. If sales decrease by 5% in 2020, what will be the company's pretax income? 3. Assume sales for 2020 decrease by 5%. Prepare a contribution margin income statement for 2020. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the company's degree of operating leverage for 2019. Degree of operating leverage 3.0 ост 20 W
https://camdenccinstructure.com/courses/3788/assignments/3. sions Question 4 rences View Policies orations Current Attempt in Progress PLUS Support Coronado Industries produces corn chips. The cost of one batch is below: Central се 365 $17 Direct materials Direct labor 12 ges 10 Variable overhead za Fixed overhead 14 An outside supplier has offered to produce the corn chips for $26 per batch. How much will Coronado Industries save if it accepts the offer? O $27 per batch O $3 per batch e $17 per batch O $13 per batch hp sal
Welcome | MyUSF CengageNOWv2| Online teachir x gagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inpro... to For the current year ending January 31, Harp Company expects fixed costs of $188,500 and a unit variable cost of $51.50. For the coming year, a r wage contract will increase the unit variable cost to $55.50. The selling price of $70.00 per unit is expected to remain the same. Required: a. Compute the break-even sales (units) for the current year. Round your answer to the nearest whole number. units b. Compute the anticipated break-even sales (units) for the coming year, assuming the new wage contract is signed. units 主

Cleveland Foods Data Note: You can download the Excel file containing Cleveland Foods' data by clicking the above link and perform the necessary calculations for answering the upcoming questions. Question 12 (1 point) □ What is the unit contribution of BlueLiq, considering the given information? $0.70 $2.50 $ 1.00 $1.70 $ $ J 0 20% Retail Margin 2.50 Price to consumers (Retail Price) 15% Wholesale Margin 2.00 Price to retailers (Wholesale Price) $ 1.70 Price to Wholesalers Variable Costs $ 0.70 per unit Fixed Costs Variable Manufacturing Costs $300,000 annual $200,000 Corporate Overhead $250,000 Marketing and Advertising $750,000 Total Fixed Costs Cleveland Foods Data Fixed Manufacturing Costs Note: You can download the Excel file containing Cleveland Foods' data by clicking the above link and perform the necessary calculations for answering the upcoming questions. Question 11 (1 point). Listen 4 What is the price at which Cleveland Foods sells BlueLiq to wholesalers? $1.70 $2.50 $1.00
C erford Applicati... WP WileyPLUS B Bloomberg for Edu... mll 14 02:47:17 ezto.mheducation.com/ext/map/index.html?_con=con&ext... Mc Graw Hill Multiple Choice $253,250 Watson Company has monthly fixed costs of $86,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $15,300, what dollar amount of sales must be made to produce the target income? $101,300 $215,000 $38,250 Saved S
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
Relevant-cost approach to short-run pricing decisionsAlexon SL is an electronics business with eight product lines. Profit data for one of the products (XT-107) for themonth just ended (June 2018) are as follows:Sales, 200 000 units at average price of €100Variable costsDirect materials at €35 per unitDirect manufacturing labor at €10 per unit€7 000 0002 000 000€20 000 000Variable manufacturing overhead at €5 per unit 1 000 000Sales commissions at 15% of sales 3 000 000Other variable costs at €5 per unitTotal variable costs 1 000 000 14 000 000Contribution margin 6 000 000Fixed costsOperating profit5 000 000€1 000 000Xuclà Mecàniques Fluvià SA, an instruments company, has a problem with its preferred supplierof XT-107 component products. This supplier has had a three-week strike and will not be able tosupply Xuclà 3000 units next month. Xuclà approaches the sales representative of Alexon SL,Angela Zamora, about providing 3000 units of XT-107 at a price of €80 per unit. Zamorainforms…

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