Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 ) DETERMINE THE DIRECT VARIABLE INDUSTRIAL COST, INDIRECT VARIABLE INDUSTRIAL COST, DIRECT VARIABLE COMMERCIAL COST, COMMERCIAL VARIABLE COST OF PRODUCT 2 ) DETERMINE THE

image text in transcribed
1) DETERMINE THE DIRECT VARIABLE INDUSTRIAL COST, INDIRECT VARIABLE INDUSTRIAL COST, DIRECT VARIABLE COMMERCIAL COST, COMMERCIAL VARIABLE COST OF PRODUCT
2) DETERMINE THE DIRECT FIXED INDUSTRIAL COST, DIRECT FIXED COMMERCIAL COST, INDIRECT FIXED INDUSTRIAL COST, INDIRECT FIXED COMMERCIAL COST OF PRODUCT
3) FIND THE FULL COMMERCIAL COST, COMMERCIAL VARIABLE COST, COMMERCIAL DIRECT COST, FORMING COST OF THE PRODUCT.
3) DETERMINE THE SALES PRICE BY PUTTING A 25% PROFIT SHARE ON THE FULL COMMERCIAL COST OF THE PRODUCT AND AT THE LEVEL OF THE COMMERCIAL COST OF THE PRODUCT
A) Determine BREAK-OFF SALES AND PROFIT-MAKING SALES AMOUNT
B) Determine BREAK-OFF SALES AND PROFIT MAKING AMOUNT
2) Determine PROFIT IF 9,000 UNITS OF PRODUCT X ARE SOLD PER MONTH
3) IF THE MONTHLY PROFIT OF PRODUCT IS TARGET TO BE 50,000 TL, CALCULATE HOW MANY OF THE PRODUCT SHOULD BE SOLD.
4) DETERMINE WHAT WILL BE THE BREAK-OFF AND PROFIT-MAKING SALES AMOUNTS AND THE PROFIT/LOSS FROM THE PRODUCT IF THERE IS A 2% INCREASE IN THE DIRECT VARIABLE PRODUCTION COST OF PRODUCT X AND A 10.5% DECREASE IN THE SALES PRICE.
5) UNDER THE ABOVE CONDITIONS WHAT WILL BE YOUR DECISION TO CONTINUE PRODUCTION OF PRODUCT X OR NOT.
6) WHAT WILL BE YOUR AVOIDABLE AND UNAVOIDABLE COSTS AND BUSINESS PROFIT IF YOU DON'T CONTINUE PRODUCTION OF PRODUCT X?
7) EDIT THE INCOME STATEMENT OF PRODUCT X AT THE END OF A YEAR,
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information Systems

Authors: Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill

11th edition

1337552127, 978-1305971424, 1305971426, 978-0357688694, 978-1337673174, 133767317X, 978-1337552127

More Books

Students also viewed these Accounting questions

Question

Who do you consider family?

Answered: 1 week ago