Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How would I solve this, please help me provide a formula as a guide in order to solve these problems. thank you. ACCOUNTING AND PAYROLL

How would I solve this, please help me provide a formula as a guide in order to solve these problems. thank you. image text in transcribed
ACCOUNTING AND PAYROLL ADMINISTRATION Module: Cost Accounting Name: Student ID: Assignments: CVP Exercise 1 EVP ANALYSIS COMPUTATIONS in the banks for the following independent Care Bunseling CAM UNIT SELLING UIT VARIABLE OCIATICOS NUMAR OF TOTAL CONTAGUTION TOTAL UNIT SOLO OPERATING INCOME A 5 70s 25 $ 900,000 $ 200.000 15.000 30 125.000 300.000 C 250 150 4.500.000 1,238.000 O 24000 1.500,000 Exercise 2 CVP ANALYSIS, INCOME TANES. DO Motors ha acar dealership On avertits for $26.00, which purchase from the manufacturer for $22.000 och mesthi Motors 10.000 inrent and utilities and $70.000 for salespeople's in addition to their remarople are paid a commission of S500 for eacher they will Do Motorsale sends $10,000 each month for local verents. Its tax rates 40%. Required 1 How many castiga Motors each month to break wan? 2. Diego Motorhusatare monthly net income of 500,000 What is its twget operating corrow many must be sold each month to reach the target omilynncome 1,000! Exercise 3 CVP, TARGET OPERATING INCOME SERVICE FM Soud Turtle provided to the Mondays through Fridays. Its monthly variable costs per cridare as follows Lunch and snacks Eucational supples Other supplies paper products, toties, etc! 110 75 35 2:40 Monthly Red costs consist of flowing Rent tities Insurance 2.100 400 250 1,400 650 4 100 Miscellaneous Total Spotted Turtlechargeath parent 60 per child per month Required: 1 Calculate the breakevenport 2 Spotted Turtles target operating income is $10.500 per month Computer childer who berrolled to wear operating income 3 Spotted Turtle last sease and had to move to another bulding Morthly rent for the new building is $3.500. In addition at the sestion of parents. Spotted Turtips to take children on field trips. Monty costs of the fields we $2.500 ly how much the othed Turke Increase fons per child to meet the target operating income of $10.000 per month same number of children in requirement

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Financial and managerial accounting

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

1st edition

111800423X, 9781118233443, 1118016114, 9781118004234, 1118233441, 978-1118016114

Students also viewed these Accounting questions