4. Electroluxy appliance Company produces microwave. The following information relates to The Company in June 2024...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
4. Electroluxy appliance Company produces microwave. The following information relates to The Company in June 2024 : Required: Sales 8,000 units Per Unit Total Selling price per unit $100 $800,000 Variable cost per unit Fixed costs $60 $480,000 $222,000 $222,000 1) Compute CVP follow; (1) Unit contribution margin (2) Total contribution margin (3) Unit contribution margin ratio (4) Total contribution margin ratio (5) Operating income 2) Compute Breakeven point in units 3) Compute Breakeven point in units if Electroluxy appliance Company would like to required a target profit of 10% from total sale. 4) Compute Breakeven point in units if Electroluxy appliance Company would like to increase sale price 10% 5) Compute Breakeven point in units if variable costs increase by $10. 4. Electroluxy appliance Company produces microwave. The following information relates to The Company in June 2024 : Required: Sales 8,000 units Per Unit Total Selling price per unit $100 $800,000 Variable cost per unit Fixed costs $60 $480,000 $222,000 $222,000 1) Compute CVP follow; (1) Unit contribution margin (2) Total contribution margin (3) Unit contribution margin ratio (4) Total contribution margin ratio (5) Operating income 2) Compute Breakeven point in units 3) Compute Breakeven point in units if Electroluxy appliance Company would like to required a target profit of 10% from total sale. 4) Compute Breakeven point in units if Electroluxy appliance Company would like to increase sale price 10% 5) Compute Breakeven point in units if variable costs increase by $10.
Expert Answer:
Answer rating: 100% (QA)
To compute the various aspects of CostVolumeProfit CVP analysis for Electroluxy Appliance Company lets break down the information given Computing CVP ... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Calculate Annes remuneration for 15 April 2022. INFORMATION The normal wage of Anne is R200 per hour and her normal working day comprises 9 hours. The standard production time for each employee is 10...
-
Mountain Sports Ltd. is a small, Lethbridge-based social enterprise dedicated to the advancement of outdoor fitness activities for children and adults. This retail store operation is an Alberta...
-
Question 4: Partners M, N, and O agreed to share the net income or loss in the ratio of 5:4:3 respectively. Their capital balances were Rs.80, 000, Rs. 70, 000 and Rs. 60, 000. They decided that "O"...
-
(a) Determine the eigenvalues and spectral radius of the matrix (b) Use this information to find the eigenvalues and spectral radius of 201 212 320 25 0 15 (k+1) = Tu")
-
League Up & Co. owns vast amounts of corporate bonds. Suppose League Up buys $900,000 of CocoCorp bonds at face value on January 2, 2018. The CocoCorp bonds pay interest at the annual rate of 8% on...
-
How might low-quality information in ecological statements be improved? In your answer, name two specific institutional mechanisms.
-
Sam Santiago operates a retail variety store. The books include a cash payments journal and an accounts payable ledger. All cash payments (except petty cash) are entered in the cash payments journal....
-
To reach the top of the building, Batman's grappling hook needs to be traveling with a speed of 31.5 m/s when it leaves the barrel of his grappling gun. What must be the minimum spring constant of...
-
Which series has the highest beta. BraveNewCoin Liquid Index for Bitcoin 1D BNC Trading Brave Ne Yellow Green Blue Orange
-
Examine 5-10 resources (journal articles, association websites, government organizations, non-profit agencies, etc.) that address your stated goal in some fashion. Review each resource with an...
-
Mary, Rose and Peter decided to start a wellness centre offering massage (Mary), yoga (Rose) and tai chi (Peter). Peter has worked as a CEO of a large company and has felt burnt out for a while, so...
-
These questions require to demonstrate the knowledge of current and emerging theory and research about developing children's co-operative behaviour. In the table below match the pro-social skill to...
-
Select a specific site at which this retailer operates at, provide a google maps link: Describe the trade area this site falls under. Present points that you believe were critical in selecting this...
-
In a physics lab experiment, a student uses a ripple tank to study the interference pattern of water waves. The student generates two coherent wave sources with a frequency of 2 Hz. The sources are...
-
1. Creditor (lender) has an agreement with Debtor whereby Debtor has provided assets (real or personal property) as collateral in return for a loan. 2. Creditor registers the security agreement...
-
A rigid tank A is connected to a spherical elastic balloon B as shown in the figure below. Both contain air at the ambient temperature of 25 C. The volume of tank A is 0.05 m and the initial pressure...
-
TRUE OR FALSE: 1. Banks with a significantly large share of fixed-interest rate home loans are less exposed to interest rate risks. 2. Although Australian banks are pretty big, they are not...
-
How does financial reporting help to improve corporate governance?
-
What is meant by 'revenue recognition'?
-
Purchases on credit during Year 3 amount to 20m. The trade payables (creditors) at the start of Year 3 were 6m. The trade payables (creditors) at the end of Year 3 were 4m. What is the amount of cash...
-
Describe four advantages of using statistical sampling.
-
Which of the following is the reason preliminary estimates of materiality should be made by the auditor? a. Materiality guidelines cannot be adjusted after the audit procedures are conducted. b....
-
Which of the following is not a part of the audit risk model? a. Inherent risk. b. Control risk. c. Materiality risk. d. Detection risk.
Study smarter with the SolutionInn App