The past and future data of Elixir Manufacturing is as under: Variable cost % of sales Fixed
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Question:
The past and future data of Elixir Manufacturing is as under:
Variable cost
% of sales Fixed cost
Direct Material 64.80% --
Direct labor 56.16 % --
Factory overheads 24.84% 564,120
Marketing Expenses 8.10 % 135,360
Administrative expenses 2.16 % 132,120
Budgeted sales for the next year is $ 5,643,000
Required:
Break even sales in dollar
Profit ($ ) at the budgeted sales volume
Profit($) if the actual sales :
Drop 13% from budgeted sales
Increase 20% from budgeted sales
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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