{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T09:14:02-04:00", "answer_date": "2024-06-28 09:14:02", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4280871", "url": "\/study-help\/questions\/hello-please-help-me-out-with-this-its-on-cost-4280871", "question_creation_date_js": "2024-06-28T09:14:02-04:00", "question_creation_date": "Jun 28, 2024 09:14 AM", "meta_title": "[Solved] Hello, please help me out with this.. It' | SolutionInn", "meta_description": "Answer of - Hello, please help me out with this.. It's on COST VOLUME PROFIT ANALYSIS Question Jeankelly Company manufactures cust | SolutionInn", "meta_keywords": "hello,help,s,cost,volume,profit,analysis,question,jeankelly,company,manufactures,custom-designed", "question_title_h1": "Hello, please help me out with this.. It's on COST VOLUME PROFIT ANALYSIS Question Jeankelly Company manufactures custom-designed baby shoes and other baby accessory products.", "question_title": "Hello, please help me out with this.. It's on COST VOLUME PROFIT", "question_title_for_js_snippet": "Hello, please help me out with this It's on COST VOLUME PROFIT ANALYSIS Question Jeankelly Company manufactures custom designed baby shoes and other baby accessory products The costs are as follows Variable costs are R10 80 per pair of custom pair of baby shoes, The selling price is R16 per custom pair of baby shoes and Fixed costs are R 66 560 Required a) What is the contribution margin for one pair of baby shoes 3 marks b) How many baby shoes must Jeankelly sell to break 3 marks c) If Jeankelly company sells 13 000 pairs of baby shoes, what is the operating income 4 marks d) Calculate the margin of safety in units and in sales revenue if 13 000 baby pairs of shoes are sold 2 marks e) Draw the CVP graph showing fixed cost, variable costs and break even point 8 marks", "question_description": "

Hello, please help me out with this.. It's on COST VOLUME PROFIT ANALYSIS<\/p>

<\/p>

Question<\/strong><\/p>

<\/p>

Jeankelly Company manufactures custom-designed baby shoes and other baby accessory products. The costs are as follows:<\/p>

  1. Variable costs are R10.80 per pair of custom pair of baby shoes,<\/li>
  2. The selling price is R16 per custom pair of baby shoes and<\/li>
  3. Fixed costs are R 66 560.<\/li> <\/ol>

    <\/p>

    Required:<\/strong><\/p>

    <\/p>

    a) What is the contribution margin for one pair of baby shoes? 3 marks<\/p>

    b) How many baby shoes must Jeankelly sell to break? 3 marks<\/p>

    c) If Jeankelly company sells 13 000 pairs of baby shoes, what is the operating income? 4 marks<\/p>

    d) Calculate the margin of safety in units and in sales revenue if 13 000 baby pairs of shoes are sold. 2 marks<\/p>

    e) Draw the CVP graph showing fixed cost, variable costs and break-even point. 8 marks<\/p>", "transcribed_text": "", "related_book": { "title": "Fundamentals Of Statistics", "isbn": "978-032184460, 032183870X, 321844602, 9780321838704, 978-0321844606", "edition": "4th Edition", "authors": "Michael Sullivan III", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/445.jpg", "uri": "\/textbooks\/fundamentals-of-statistics-4th-edition-445", "see_more_uri": "" }, "free_related_book": { "isbn": "069108047X", "uri": "\/textbooks\/theory-of-formal-systems-volume-47-1st-edition-978-0691080475-304619", "name": "Theory Of Formal Systems Volume 47", "edition": "1st Edition" }, "question_posted": "2024-06-28 09:14:02", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/from-the-following-account-balances-prepare-in-proper-form-for", "description": "From the following account balances, prepare in proper form for September (a) An income statement, (b) A statement of owners equity, (c) A balance sheet for FrechetteRealty. 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