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Posted on Sep 14, 2024

1. 2.00 points Information for Pueblo Company follows: Sales Revenue Less Total Variable Cost Contribution Margin Product $55 000 $10.800 $44 200 Product $64,000 $22520

1. 2.00 points Information for Pueblo Company follows: Sales Revenue Less Total Variable Cost Contribution Margin Product $55 000 $10.800 $44 200 Product $64,000 $22520 $41.480 Determine its break-even sales dollars if total fixed costs are $33,000. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Break-Even Sales Dollars Sandy Bark, Inc., makes no model of wooden cance Partial information for follows: Required: 1. Complete the following table (Round your "Cost per Unit" answers to 2 decimal places.) 460 50 00 $ Number of Cance Produced and Sold Totalt Variable costs Fixed Coats Total Costs Cost per un Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit 73,140 147,200 220,300 S 2. Suppose Sandy Bank sells cances for $500 each Calculate the contribution margin per cance and the contribution marginalis (Round your intermediate calculations and final answers to places. Round your percentage answer to 2 decimal places. ..1234 should be entered as 12.34%. Unit Contrbution Margin Contribution Margin Ratio 3. This year Sandy Bank expects to sell 770 canoes. Prepare a contribution margin income statement for the company (Round your intermediate calculations to 2 decimal places.) SANDY BANK, Inc. Contribution Margin income Statement For the Current Year Contribution Margin Income from Operations 4. Calculate Sandy Bank's break-even point in units and in sales dollars. (Round final answers to the nearest whole number). Break Even Units Break Even Sales Revenue 5. Suppose Sandy Bank wants to earn 368000 profit is year Calculate the number of cances that must be sold to achieve this target Round Unit Contribution Margin to 2 decimal places. Round to the next whole number.) Sandy Bank, Inc., makes one model of wooden cance. And the information for it folos Number of cances produced and sold 450 650 800 $ 72.000 $187 200 $250 200 106000 $12000 $187 2005187 200 201 200 $315.200 $160.00 $ 180,00 $ 0.00 Variable cost per un Food cost per unit Total unit SSB00S 000 $ Required 1. Suppose that Sandy Bank nearest whole number) s it seling price to $500 per cance Calculate its new break even point in units and in sales dans Do not round intermediate calculations. Round your final answers to New B -Even Units Break Even Sales Revenue 2. Sandy Bank sells 1,510 cances, compute its margin of safety in dollars and as a percentage of sales. Use the new sale price of $500) Round your answer Margin of Safety Percentage of Sales Ramada Company produces one golf cart model. A partially complete table of company costs follows: Required: 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of Golf Carts Produced and Sold 400 Units 600 Units 800 Units Total costs Variable costs $ Fixed costs per year Total costs 444,000 192,000 636.000 $ Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 2. Ramada sells its carts for $1,850 each. Prepare a contribution margin income statement for each of the three production levels given in the table. Golf Carts Produced and Sold 400 units 600 units 800 units Contribution Margin Net Operating Income 4. Calculate Ramada's break-even point in number of units and in sales revenue (Round your final answers to the nearest whole number.) Break-Even Units Break-Even Sales Revenue 5. Assume Ramada sold 200 carts last year. Without performing any calculations, determine whether Ramada eamed a profit last year, No Yes 6. Calculate the number of carts that Ramada must sell to earn $85,500 profit. Target Unit Sales Carts 7. Calculate Ramada's degree of operating leverage if it sells 650 carts. (Round your answer to 4 decimal places. (l...12345 should be entered as 12.345%.)) Degree of Operating Leverago 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 20 percent less than expected. (Round your answer to 3 decimal places.) Effect on Profit 1. 2.00 points Information for Pueblo Company follows: Sales Revenue Less Total Variable Cost Contribution Margin Product $55 000 $10.800 $44 200 Product $64,000 $22520 $41.480 Determine its break-even sales dollars if total fixed costs are $33,000. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Break-Even Sales Dollars Sandy Bark, Inc., makes no model of wooden cance Partial information for follows: Required: 1. Complete the following table (Round your "Cost per Unit" answers to 2 decimal places.) 460 50 00 $ Number of Cance Produced and Sold Totalt Variable costs Fixed Coats Total Costs Cost per un Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit 73,140 147,200 220,300 S 2. Suppose Sandy Bank sells cances for $500 each Calculate the contribution margin per cance and the contribution marginalis (Round your intermediate calculations and final answers to places. Round your percentage answer to 2 decimal places. ..1234 should be entered as 12.34%. Unit Contrbution Margin Contribution Margin Ratio 3. This year Sandy Bank expects to sell 770 canoes. Prepare a contribution margin income statement for the company (Round your intermediate calculations to 2 decimal places.) SANDY BANK, Inc. Contribution Margin income Statement For the Current Year Contribution Margin Income from Operations 4. Calculate Sandy Bank's break-even point in units and in sales dollars. (Round final answers to the nearest whole number). Break Even Units Break Even Sales Revenue 5. Suppose Sandy Bank wants to earn 368000 profit is year Calculate the number of cances that must be sold to achieve this target Round Unit Contribution Margin to 2 decimal places. Round to the next whole number.) Sandy Bank, Inc., makes one model of wooden cance. And the information for it folos Number of cances produced and sold 450 650 800 $ 72.000 $187 200 $250 200 106000 $12000 $187 2005187 200 201 200 $315.200 $160.00 $ 180,00 $ 0.00 Variable cost per un Food cost per unit Total unit SSB00S 000 $ Required 1. Suppose that Sandy Bank nearest whole number) s it seling price to $500 per cance Calculate its new break even point in units and in sales dans Do not round intermediate calculations. Round your final answers to New B -Even Units Break Even Sales Revenue 2. Sandy Bank sells 1,510 cances, compute its margin of safety in dollars and as a percentage of sales. Use the new sale price of $500) Round your answer Margin of Safety Percentage of Sales Ramada Company produces one golf cart model. A partially complete table of company costs follows: Required: 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of Golf Carts Produced and Sold 400 Units 600 Units 800 Units Total costs Variable costs $ Fixed costs per year Total costs 444,000 192,000 636.000 $ Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 2. Ramada sells its carts for $1,850 each. Prepare a contribution margin income statement for each of the three production levels given in the table. Golf Carts Produced and Sold 400 units 600 units 800 units Contribution Margin Net Operating Income 4. Calculate Ramada's break-even point in number of units and in sales revenue (Round your final answers to the nearest whole number.) Break-Even Units Break-Even Sales Revenue 5. Assume Ramada sold 200 carts last year. Without performing any calculations, determine whether Ramada eamed a profit last year, No Yes 6. Calculate the number of carts that Ramada must sell to earn $85,500 profit. Target Unit Sales Carts 7. Calculate Ramada's degree of operating leverage if it sells 650 carts. (Round your answer to 4 decimal places. (l...12345 should be entered as 12.345%.)) Degree of Operating Leverago 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 20 percent less than expected. (Round your answer to 3 decimal places.) Effect on Profit