Currumbin Ltd sells a product for which they have a target profit of $30000 This product has variable costs of $4 per unit and total fixed costs of $45000 If 15000 units are to be sold, what should be the selling price a $2 b $5 c $3 d $9 Arnold Company Pty Ltd provided these estimates for the three months ending 30 June 2020, its first period of operation The beginning cash balance is $1,000 Cash receipts from sales $300 000 Cash payments for expenses 130 000 Payment for the purchase of new motor vehicle 15 000 Depreciation of motor vehicle 15 000 Repayment of a loan 100 000 What is the estimated cash balance at 30 June 2010 a $55000 deficit b $40000 surplus c $56000 surplus d $155000 surplus e $50000 surplus Park Ltd produces financial calculators The production capacity is 35,000 calculators, and the company is currently operating at 80 capacity Variable manufacturing costs are $12 per unit Fixed manufacturing costs are $420,000 The calculators are normally sold to Computek Ltd at $28 each Bronson has an offer from Office Equipment Ltd (a foreign wholesaler) to purchase an additional 6,000 calculators at $14 per unit The delivery costs for this order would be $13,000 What is the available capacity of Park Ltd before accepting this order a 35 000 units b 28 000 units c Cannot be determined with the data provided d 6 000 units e 7 000 units Jaxon Ltd settles their creditors accounts as follows 30 in the month of purchase and 70 in the month following purchase For the month of April their credit purchases totalled $85 000 and in May were $78 000 How much cash did Jaxon Ltd pay to their creditors in the month of May a $59 500 b $23 400 c $54 600 d $82 900 e $80 100

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Currumbin Ltd sells a product for which they have a target profit of $30000. This product has variable costs of $4 per unit and total

Currumbin Ltd sells a product for which they have a target profit of $30000. This product has variable costs of $4 per unit and total fixed costs of $45000.

If 15000 units are to be sold, what should be the selling price?

a.
$2

b.
$5

c.
$3

d.
$9

Arnold Company Pty Ltd provided these estimates for the three months ending 30 June 2020, its first period of operation. The beginning cash balance is $1,000.

Cash receipts from sales	$300 000
Cash payments for expenses	130 000
Payment for the purchase of new motor vehicle	15 000
Depreciation of motor vehicle	15 000
Repayment of a loan	100 000

What is the estimated cash balance at 30 June 2010?

	a.	$55000 deficit
	b.	$40000 surplus
	c.	$56000 surplus
	d.	$155000 surplus
	e.	$50000 surplus

Park Ltd produces financial calculators. The production capacity is 35,000 calculators, and the company is currently operating at 80% capacity. Variable manufacturing costs are $12 per unit. Fixed manufacturing costs are $420,000. The calculators are normally sold to Computek Ltd at $28 each. Bronson has an offer from Office Equipment Ltd (a foreign wholesaler) to purchase an additional 6,000 calculators at $14 per unit. The delivery costs for this order would be $13,000.

What is the available capacity of Park Ltd before accepting this order?

a.
35 000 units.

b.
28 000 units.

c.
Cannot be determined with the data provided.

d.
6 000 units.

e.
7 000 units.
Jaxon Ltd settles their creditors accounts as follows: 30% in the month of purchase and 70% in the month following purchase. For the month of April their credit purchases totalled $85 000 and in May were $78 000.

How much cash did Jaxon Ltd pay to their creditors in the month of May?

a.
$59 500

b.
$23 400

c.
$54 600

d.
$82 900

e.
$80 100