Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

$ GA % V $ Cost Profit Volume Analysis You are helping a luxury handmade soap company conducting CVP analysis. Complete the table below with

image text in transcribed

$ GA % V $ Cost Profit Volume Analysis You are helping a luxury handmade soap company conducting CVP analysis. Complete the table below with given information. Goat Milk Soap Moisturiser Care Soap Balanced & Mild Soap Total Expected Sales Volume (unit) per 140 50 230 month Selling Price per soap $ 55.00 $ 60.00 $ 60.00 Variable Cost per soap $ 15.00 $ 35.00 $ 25.00 Contribution Margin per soap $ $ Expected Sales Mix Percentage % % WACM Total weighted average contribution margin $ Rent and equipment cost per $ 10,600 year Full time supervisor salary per $ 46,000 year Website maintenance cost per $ 3,500 year Tax Rate 30 % Desired after tax profit per year $ 33,000 How many soaps the company needs to sale to reach its desired after tax profit per year? How many of Moisturiser Care Soap needs to be sold when the company has reached its desired after tax profit per year

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

The Social Function Of AccountsReforming Accountancy To Serve Mankind

Authors: John Flower

1st Edition

1138645249, 9781138645240

Students explore these related Accounting questions

Question

1. Follow directions the first time.

Answered: 3 weeks ago

Question

What is an RPIC, and where was it required?

Answered: 3 weeks ago