Below are the extracted income statement from Amir Manufacturing for 2023: Amir Manufacturing Income Statement for...
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Below are the extracted income statement from Amir Manufacturing for 2023: Amir Manufacturing Income Statement for the year 2023 Sales (40,000 unit) (-) Variable costs a. Break-even point b. Margin safety c. Profit and loss area Contribution margin (-) Fixed costs Profit RM 720,000 (360,000) 360,000 (108,000) 252,000 You are required to: i) Calculate the selling price per unit, variable cost per unit and contribution margin per unit. ii) Calculate the Break Even Point in both units and sales (RM) using the contribution margin iii) Calculate the sales in unit if the company desired to gain a profit of RM270,000. iv) Compute the company's margin of safety in both RM and units v) Construct the graph that shows the following situation based on profit of RM270,000. (using graph paper): (2 marks) method. (4 marks) (5marks) (4marks) (5marks) Below are the extracted income statement from Amir Manufacturing for 2023: Amir Manufacturing Income Statement for the year 2023 Sales (40,000 unit) (-) Variable costs a. Break-even point b. Margin safety c. Profit and loss area Contribution margin (-) Fixed costs Profit RM 720,000 (360,000) 360,000 (108,000) 252,000 You are required to: i) Calculate the selling price per unit, variable cost per unit and contribution margin per unit. ii) Calculate the Break Even Point in both units and sales (RM) using the contribution margin iii) Calculate the sales in unit if the company desired to gain a profit of RM270,000. iv) Compute the company's margin of safety in both RM and units v) Construct the graph that shows the following situation based on profit of RM270,000. (using graph paper): (2 marks) method. (4 marks) (5marks) (4marks) (5marks)
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i Calculation of selling price per unit variable cost per unit and contribution margin per unit Selling price per unit Sales Number of units sold Variable cost per unit Variable costs Number of units ... View the full answer
Related Book For
Managerial Accounting
ISBN: 9781260247787
17th Edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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