Following are data from 4 separate companies. Supply the missing data in each independent case. ...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Following are data from 4 separate companies. Supply the missing data in each independent case. • Round unit contribution margin answers to two decimal places. • Use rounded unit contribution margin answers for subsequent computations. • Round UP break-even point units. Unit Sales Sales revenue Variable cost per unit Contribution margin Fixed Costs Net income $ Unit contribution margin $ Break-even point (units) Margin of safety (units) $ Case A 2,500 $80,000 $20 0 $14,000 $ 0 0 $ 0 0 Case B 1,600 0 $ $2 $1,600 $ 0 $900 $ 0 $ 0 Case C 0 0 $24 $ 0 $ $164,000 $ 0 $ 0 8,000 600 Case D 0 $240,000 0 0 0 0 $30 4,000 2,000 Following are data from 4 separate companies. Supply the missing data in each independent case. • Round unit contribution margin answers to two decimal places. • Use rounded unit contribution margin answers for subsequent computations. • Round UP break-even point units. Unit Sales Sales revenue Variable cost per unit Contribution margin Fixed Costs Net income $ Unit contribution margin $ Break-even point (units) Margin of safety (units) $ Case A 2,500 $80,000 $20 0 $14,000 $ 0 0 $ 0 0 Case B 1,600 0 $ $2 $1,600 $ 0 $900 $ 0 $ 0 Case C 0 0 $24 $ 0 $ $164,000 $ 0 $ 0 8,000 600 Case D 0 $240,000 0 0 0 0 $30 4,000 2,000 Following are data from 4 separate companies. Supply the missing data in each independent case. • Round unit contribution margin answers to two decimal places. • Use rounded unit contribution margin answers for subsequent computations. • Round UP break-even point units. Unit Sales Sales revenue Variable cost per unit Contribution margin Fixed Costs Net income $ Unit contribution margin $ Break-even point (units) Margin of safety (units) $ Case A 2,500 $80,000 $20 0 $14,000 $ 0 0 $ 0 0 Case B 1,600 0 $ $2 $1,600 $ 0 $900 $ 0 $ 0 Case C 0 0 $24 $ 0 $ $164,000 $ 0 $ 0 8,000 600 Case D 0 $240,000 0 0 0 0 $30 4,000 2,000 Following are data from 4 separate companies. Supply the missing data in each independent case. • Round unit contribution margin answers to two decimal places. • Use rounded unit contribution margin answers for subsequent computations. • Round UP break-even point units. Unit Sales Sales revenue Variable cost per unit Contribution margin Fixed Costs Net income $ Unit contribution margin $ Break-even point (units) Margin of safety (units) $ Case A 2,500 $80,000 $20 0 $14,000 $ 0 0 $ 0 0 Case B 1,600 0 $ $2 $1,600 $ 0 $900 $ 0 $ 0 Case C 0 0 $24 $ 0 $ $164,000 $ 0 $ 0 8,000 600 Case D 0 $240,000 0 0 0 0 $30 4,000 2,000
Expert Answer:
Answer rating: 100% (QA)
Calculating Missing Data for Each Case Case A Unit contribution margin 80000 Sales revenue 2500 Unit ... View the full answer
Related Book For
Accounting What the Numbers Mean
ISBN: 978-0073527062
9th Edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
Posted Date:
Students also viewed these accounting questions
-
Psychology is a discipline that spans many levels of analysis, yet the popular media often assigns only a single cause to a complex issue. Please help me find three media articles on an issue, such...
-
Xanadu, Corporation manufactures and sells one product, Alph, for $47 per unit. Xanadu is the only manufacturer that produces Alph because it is a patent-protected product. Although Xanadu, Corp....
-
Following are data from 4 separate companies. Supply the missing data in each independent case. Case 1 Case 2 Case 3 Case 4 Sales revenue $100,000 $90,000 $Answer $Answer Contribution margin $40,000}...
-
For the spherical coordinate system (R, , ) in Fig. 1.6, show that: Fig 1.6 X @3 0 Ex R e2 en ee X2
-
A radioactive isotope decays at a rate proportional to its concentration. If the concentration of an isotope is C (mg/L), then its rate of decay may he expressed as rd [mg/ (Ls)] = kC where k is a...
-
The stagnation temperature in an airflow is \(149^{\circ} \mathrm{C}\) upstream and downstream from a normal shock wave. The absolute stagnation pressure downstream from the shock wave is \(229.5...
-
Match the flowchart, context diagram, or data flow diagram segments in the right column to an appropriate description in the left column. 1. Statements are prepared and sent to customers from data...
-
Even though there have been some high-visibility cases in recent years, the number of raids and fines on employers who hire undocumented workers is tiny, some would say symbolic. This is in spite of...
-
You are Professional Accountant (SA) for registered accountants. A client of yours in the SME sector is speculating shares on listed company on the JSE. The detail and name of the listed company is...
-
As the newest BFM in the program office, you notice a disbursement for the X-86 Aircraft landing tail hook in the accounting system. You then notice that the disbursement is not matched to an...
-
Please answer all. I will upvote and thank you in advance! Mike and Donna Jones recently got married and moved to your area. They are both 30 years old. Neither one of them has ever done any...
-
Outback Outfitters sells high quality hiking boots. They have a capacity to make1500 pairs per year. Each pair of hiking boots sells for $630. Annual fixed costs are $280,000,and the variable costs...
-
The N excess/deficit factor for 100 kg of an organic material that contained 60% C (carbon) and 0.5% N (nitrogen) would likely be (assuming that 35% of the carbon is metabolized by microorganisms and...
-
Find a general solution to the given Cauchy-Euler equation for t> 0. at dy +21-6y=0 dt- The general solution is y(t) = .
-
Find the derivative of the function *4-7x3+ x F(x)= in two ways: by using the Quotient Rule and by simplifying first. (Check that your answers are equivalent. Which method do you prefer?). Quotient...
-
A patron goes out for a meal. There is a tax of 5 . 9 5 % , and the restaurant patron will be giving a tip of 2 4 . 5 % on the post - tax amount. If the total paid ( in meal, tax, and tip ) was 2 5...
-
How does Google Chat Technology help increase communication when working in Virtual Teams? What are some limitations with using Information and Communication Technology ( Google GroupsLinks to an...
-
Revol Industries manufactures plastic bottles for the food industry. On average, Revol pays $76 per ton for its plastics. Revol's waste-disposal company has increased its waste-disposal charge to $57...
-
This problem is based on the 2008 annual report of Intel Corporation in the appendix. Find in the Selected Financial Data (also known as the Five-Year Financial Summary), or calculate, the following...
-
A portion of the current assets section of the December 31, 2010, balance sheet for Gibbs Co. is presented here: The company's accounting records revealed the following information for the year ended...
-
Enter the following column headings across the top of a sheet of paper: Enter the transaction / situation letter in the first column and show the effect, if any, of the transaction entry or...
-
Why do you think there was a reduction of cases where fraud was detected by internal audit and internal controls in the 2006-2008 comparison survey by the ACFE? Does it mean that these elements of...
-
In 2005, a group of concerned shareholders of Johnson & Johnson requested the board of directors establish a policy of, whenever possible, separating the roles of the chair and CEO, so that an...
-
Evaluate the ethicality of the corporate governance systems at Microsoft based on the discussion in the text.
Study smarter with the SolutionInn App