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Hi, I need to answer this five exercises of an assignment that I have. I have 5 hours to answer it, thanks. Problem - I

Hi, I need to answer this five exercises of an assignment that I have. I have 5 hours to answer it, thanks.image text in transcribed

Problem - I (20 Puntos) Reavis Company prepared the following income statement for 2012: REAVIS COMPANY Income Statement For the Year Ended December 31, 2012 ______________________________________________________________________________ Sales (20,000 units) ............................................................................................. $600,000 Variable expenses ................................................................................................ 360,000 Contribution margin ............................................................................................ 240,000 Fixed expenses .................................................................................................... 180,000 Net income .......................................................................................................... $ 60,000 Instructions Answer the following independent questions and show computations to support your answers. 1. What is the company's break-even point in units? Cul es el punto de empate en unidades? 2. How many more units would the company have had to sell to earn net income of $90,000 in 2012? Cuntas unidades adicionales tiene que vender la compaa para obtener una ganancia de $90,000 en el 2012? 3. If the company expects a 25% increase in sales volume in 2013, what would be the expected net income in 2013? Si la compaia espera un aumento de 25% en el volumen de ventas en el 2013, cul sera la ganancia esperada para el 2013? 4. How much sales dollars would the company have to generate in order to earn a target net income of $110,000 in 2013? Cuntas ventas en dlares tiene que generar la compaa para obtener una ganancia de $110,000 en el 2013? Problem I - Solution Cost-Volume-Profit (20 Puntos) 1 2 4 5 P3 BADM 5040 Managerial Accounting Examen Parcial II Captulos 5 6 y 7 Dr. Herminio Rodrguez Prncipe, CPA Problem II (20 Puntos) ROMALY Company bottles and distributes Frapes, a flavored summer beverage. The beverage is sold for $1.50 per 8-ounce bottle to retailers. Management estimates the following revenues and costs at 100% of capacity. Net sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $3,150,000 600,000 500,000 580,000 310,000 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $110,000 90,000 100,000 80,000 Instructions A. How much is net income for the year using the CVP approach? Cunto es la ganancia neta para el ao usando el formato de CVP? B. How much is the contribution margin ratio? Cunto es el % de Margen de Contribucin? C. Compute the break-even point units and dollars. Compute el punto de empate en unidades y en dlares? Solution to Problem II - ROMALY Company (20 Puntos) A VARIABLE COSTING INCOME STATEMENT Dollars Per Unit $ $ $ $ $ B BEP in units: BEP in dollars: C Contribution Margin Ratio: BADM 5040 Managerial Accounting Examen Parcial II Captulos 5 6 y 7 Dr. Herminio Rodrguez Prncipe, CPA P5 Problem III (20 Puntos) MACARY Music, Inc. produces a hip-hop CD that is sold for $15. The contribution margin ratio is 30%. Fixed expenses total $6,750. Instructions A. Compute the variable cost per unit. Compute el costo variable por unidad? B. Compute how many CDs that MARCARIE will have to sell in order to break even. Compute cuntas unidades de CDs MARCARIE tiene que vender para salir empate (sin ganancias ni prdidas)? D. Compute how many CDs that MARCARIE will have to sell in order to make a target net income of $16,200. Compute cuntos CDs MARCARIE tiene que vender para obtener una ganancia de $16,200? Solution to Problem III - MARCARY Music, Inc. (20 Puntos) A. B. C. Chapter 6 - Apendice - Absorption and Variable Costing Problem IV - Ex. 102 (20 Puntos) Momentum Bikes manufactures a basic road bicycle. Production and sales data for the most recent year are as follows (no beginning inventory): Variable production costs Fixed production costs Variable selling & administrative costs Fixed selling & administrative costs Selling price Production Sales $90 per bike $450,000 $22 per bike $500,000 $200 per bike 20,000 bikes 17,000 bikes Instructions (a) Prepare a brief income statement using variable costing. Prepare un Estado de Ingresos simple usando el formato de costo variable? Solution Problema IV - Ex. 102 a. Income Statement variable costing. (20 Puntos) P7 BADM 5040 Managerial Accounting Examen Parcial II Captulos 5 6 y 7 Dr. Herminio Rodrguez Prncipe, CPA Problema - V - Incremental Analysis (20 Points) Anheiser has three divisions: Bud, Wise, and Er. The results of May, 2010 are presented below: Bud Wise Er Total Units sold 3,000 5,000 2,000 10,000 Revenue $70,000 $50,000 $40,000 $160,000 Less variable costs 32,000 26,000 16,000 74,000 Less direct fixed costs 14,000 19,000 12,000 45,000 Less allocated fixed costs 6,000 10,000 4,000 20,000 Net income $18,000 ($5,000) $ 8,000 $21,000 All of the allocated costs will continue even if a division is discontinued. Anheiser allocates indirect fixed costs based on the number of units to be sold. Since the Wise division has a net loss, Anheiser feels that it should be discontinued. Anheiser feels if the division is closed, that sales at the Bud division will increase by 20%, and that sales at the Er division will stay the same. Instructions A.Prepare an analysis showing the effect of discontinuing the Wise division. Prepare un anlisis demostrando el efecto de descontinuar la divisin Wise. B. Should Anheiser close the Wise division? Briefly indicate why or why not. Debe Anheiser cerrar la division Wise? Explique brevemente porqu o porqu no . Problem - V - Incremental Analysis (20 Points) A. Calculations: Revenue = Variable costs = Allocation of total allocated fixed costs: To Bud = To Er = B. Bud Wise Er Total

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