Question
For a manufacturing company that has total monthly costs of $100,000, variable costs per unit of $10, sales price per unit of $15, income tax
2. Provide the following data for company XY:
Year : 2008 2009
total sales: $145k $121.4k
cost of goods sold: $880k $738.4k
Sell and Manage. Expenses: $92.5k $80.7k
Assuming that the high-low method is appropriate in this case, the total fixed costs of selling and administrative expenses are:
3. The following date corresponds to the KFC company:
Fixed monthly cost $200,000
Selling price/unit: $12
Variable cost/unit: $4
Income Tax Rate: 20%
The contribution margin per unit is:
4. For company ABC, you have provided the following costs for the past year. Fixed costs = $40,000, variable cost is 60% of total costs.
Find the total costs.
5. For a manufacturing company that has total monthly costs of $100,000, variable costs per unit of $10, selling price per unit of $15, income tax rate of 20%, target net income of $10,000. Assume that all the other variables do not affect the cost-volume-profit relationship, if sales in units (quantities) increase, the total cost in dollars:
- Increase or decrease / if you can calculate to what value, do so, if not, don't worry.
6. For a manufacturing company that has total monthly costs of $100,000, variable costs per unit of $10, selling price per unit of $15, income tax rate of 20%, target net income of $10,000. Assume that all the other variables do not affect the cost-volume-profit relationship, if sales in units (quantities) increase, the variable cost per unit:
- Increase or decrease / if you can calculate to what value, do so, if not, don't worry.
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
1 The contribution margin per unit is the sales price per unit minus the variable cost per unit which is 15 10 5 To calculate the breakeven point in dollars we can use the formula Breakeven point doll...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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