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Required Information [The following mformation applies to the questions displayed below) Praveen Co manufactures and markets a number of rope products Management is considenng the future of Product XT. a special rope for hang gliding that has not been as profitable as planned. Since Product XT is manufactured and marketed independently of the other products, its total costs can be precisely measured Next year's plans call for a $160 selling price per 100 yards of Trope. Its fixed costs for the year are expected to be $262.400, up to a maximum capacity of 550,000 yards of rope Forecasted variable costs are $96 per 100 yards of XT rope, 1. Estimate Product XT's break-even point in terms of sales units and sales dollars ( unit - 100 yards) (Do not round Intermediate calculations.) per 100 yds. 100 96 Contribution Marpin Sales Less Variable cost Contribution margin Contribution Margin ratio Choose Numerator 5 4 Choose Denominator: Contribution Margin Ratio Contribution margin ratio 0 a) Estimate Product XT's break-even point in terms of sales units. (1 unit-100 yards) Choose Numerator: Choose Denominator: Break Even Units Break even units (b) Estimate Product XT's break-even point in terms of sales dollars. Choose Numerator: 1 Choose Denominator Break Even Dollars Break even dollars 0 Required Information [The following information applies to the questions displayed below! Praveen Co manufactures and markets a number of rope products. Management is considering the future of Product XT. a special rope for hang gliding, that has not been as profitable as planned Since Product XT is manufactured and marketed independently of the other products, its total costs can be precisely measured Next year's plans call for a $160 selling price per 100 yards of XT rope. Its fixed costs for the year are expected to be $262.400, up to a maximum capacity of 550,000 yards of rope. Forecasted variable costs are $96 per 100 yards of XT rope, 2. Prepare a contribution margin income statement showing sales variable costs, and fixed costs for Product XT at the break-even point PRAVEEN CO Contribution Margin Income Statement at Break Even) - Product XT Sper unit Units Total Contribution margin Required information The following information applies to the questions displayed below) This year Burchard Company sold 39.000 units of its only product for $16.80 per unit Manufacturing and selling the product required $124,000 of fired manufacturing costs and $184,000 of fored selling and administrative costs. Its per unit variable costs follow Material Direct lation. Catd on the basis of completed units) Variable selling and dinistrative costs Next year the company will use a new material, which will reduce material costs by 70% and direct labor costs by 30% and will not affect product quality of marketability Management is considering an increase in the unit selling price to reduce the number of units sold because the factory's output is nearing its annual output capacity of 44,000 units. Two plans are being considered. Under plant the company will keep the selling price at the current level and sell the same volume os lbst year. This plan will increase income because of the reduced costa from using the new material. Under plan 2. the company will increase the telling price by 30% This plan will decrease unit sales volume by 15% Under both plans, the total foved costs and the varinble costs per unit for overhead and for selling and administrative cost will remain the same Required: 1. Compute the break even point in doline sales for (8) plan 1 and (b) plen 2 (Round "per unit answers" and "CM ratio percentage answer to 2 decimal places) Piant Pun 2 Perunit Sales WC Mail Dired Variever Variatie Tural Contra Contribution Marina Choose Numerator Choose Denominator Contribution Margin Rate Contribution marga - Breve Point in De Choone Numerator Choce Denominator Break En point in Dollars even poin dans Panz Contribution Margin Rabo Corinne Ben Point Dolar Bakve pot Required Information [The following information applies to the questions displayed below) This year Burchard Company sold 39.000 units of its only product for $16.80 per unit. Monufacturing and selling the product required $124.000 of fixed manufacturing costs and $184,000 of fixed selling and administrative costs. Its per unit Variable costs follow Puterini Direct laboral on the basis of completed Variable overhead cott Vaible selling and distrative cost $4.de 1.40 0.40 8.4 Next year the company will use new material, which will reduce material costs by 70% and direct labor costs by 30% and will not affect product quality or marketability Management is considering an increase in the unit selling price to reduce the number of units sold because the factory output is nearing its annual output capacity of 44,000 units. Two plans are being considered Under plan the company will keep the selling price at the current level and sell the same volume os last year. This plan will increase income because of the reduced costs from using the new material. Under plan 2. the company will increase the selling price by 30%. This plan will decrease unit sales volume by 15% Under both plans, the total fixed costs and the variable costs per unit for overhead and for selling and administrative costs will remain the same. 2. Prepare a forecasted contribution margin income totement with two columns showing the expected results of plan 1 and pion 2 The statements should report soles total variable costs, contribution margin, total fixed costs, income before taxes, income taxes (30% rate), and net income BURCHARD CO Forecasted Contribution Margin Income statement Plant Plan Number of unite DO 150 Requtred Information (The following information applies to the questions displayed below) Henna Co produces and sells two products, Tondo. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 42,000 units of each product Sales and costs for each product follow Sales Variable costs Contribution margin Fixed conto Income before taxes Income taxes (5 rate) Net income Product 3747.00 523,320 224,280 108,250 116.000 40,6 $75.400 Producto 5747.60 149,20 598.00 *82,00 116.000 40.00 $75,00 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places) Product T Contribution Margin Ratio Choose Numerator: Choone Denominator: Contribution Marpin Ratio Contribution margin ratio Break Even Point In Dollar Choose Numerator: Choone Denominator: - Broak Even Point in Dollaro Break even point in dofars Producto Contribution Margin Ratio Contribution margin ratio Break Evan Point in Dollar Break even point in dollar Required information (The following information applies to the questions displayed below) Henna Co producer and sells two products, Tondo. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This yes, the company sold 42.000 units of each product Sales and costs for each product follow Sam Variable to Contribution in Pits theoreta I tel NI Product $147.60 52), 120 234. 100.20 110,00 Prodotto 1747. 145,520 8 2012 110,00 deco $ 95,00 1,400 2. Assume that the company expect sales of each product to decline to 25,000 units next year with no change in unit selling price Prepare forecasted financial results for next year following the format of the contribution margin income statement on just shown with columns for each of the wo products costume a 35% tax rete). Also, assume that any loss before taxes yields a 35 tax benefit (Round "per unanswers to 2 decimal places, Enterlosses and to benefits, if any, as negative values HENNACO Forcano contribution Margin income statement Proouch Producto Unito ferunt Total Per unit Total Total Corrubo mang Netice Requtred Information The following information applies to the questions displayed below) Henno Co produces and sells two products. T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 42,000 units of each product Sales and costs for each product follow Sales Variable to Contribution Fived costs Income before te Incontestate tin Product $147,600 152,20 224,20 2012 115,000 40. $ 75,00 Producto 3747.600 149,520 598.00 42,00 116,00 1,600 $ 75,00 3. Assume that the company expects soles of each product to increase to 56,000 units next year with no change in unit selling price. Prepare forecasted financial results for next year following the format of the contribution margin income statement shown with columns for each of the two products (assume 35% tax rate). (Round "per unit" answers to 2 decimal places HENNA CO Torecasted Contribution Margin income statement Product Producto Units Por unit Por unit Total Total Total Coton margin Nutcome