{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T04:35:11-04:00", "answer_date": "2024-06-28 04:35:11", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4238840", "url": "\/study-help\/questions\/i-have-strugling-with-this-question-doing-on-excel-could-4238840", "question_creation_date_js": "2024-06-28T04:35:11-04:00", "question_creation_date": "Jun 28, 2024 04:35 AM", "meta_title": "[Solved] i have strugling with this question doing | SolutionInn", "meta_description": "Answer of - i have strugling with this question doing on excel. could you please help me to find out it Details of Keira Pty Ltd's | SolutionInn", "meta_keywords": "strugling,question,excel,help,find,details,keira,pty,ltd,s,income,statement", "question_title_h1": "i have strugling with this question doing on excel. could you please help me to find out it Details of Keira Pty Ltd's income statement", "question_title": "i have strugling with this question doing on excel. could you please", "question_title_for_js_snippet": "i have strugling with this question doing on excel could you please help me to find out it Details of Keira Pty Ltd's income statement for the past year are as follows Sales (18 000 units) Cost of sales Direct materials Direct labour Variable factory overhead Fixed factory overhead GROSS PROFIT Variable selling expenses Fixed selling and admin expenses PROFIT BEFORE TAX Income tax expense (30 ) PROFIT $290,000 310,000 102,000 42,000 96,000 30,000 $990,000 744,000 246,000 126,000 120,000 36,000 84,000 Required Consider each of the following independent situations Determine the company's break even point in units and sales dollars What is the margin of safety If the company wants to make an after tax profit of $100,000, what is the dollar level of sales necessary to reach its goal If the sales volume is 15,000 units, what is the selling price needed to achieve an after tax profit of $100,000 lf the company's sales volume increases by 10 as a result of increasing fixed selling expenses by $10,000 and variable selling expenses by $0 60 per unit, what is the company's after tax profit If direct material costs increase 15 , direct labour costs increase 10 , variable overhead costs increase 15 , and fixed overhead increases by $10 000, how many units must be sold to earn an after tax profit of $100,000 Round your calculations to the next highest unit ", "question_description": "

i have strugling with this question doing on excel. could you please help me to find out it <\/p>

Details of Keira Pty Ltd's income statement for the past year are as follows:<\/p>

Sales (18 000 units) Cost of sales:<\/p>

Direct materials<\/p>

Direct labour<\/p>

Variable factory overhead<\/p>

Fixed factory overhead<\/p>

GROSS PROFIT<\/p>

Variable selling expenses<\/p>

Fixed selling and admin expenses PROFIT BEFORE TAX<\/p>

Income tax expense (30%) PROFIT<\/p>

$290,000 310,000 102,000<\/p>

42,000<\/p>

96,000 30,000<\/p>

$990,000<\/p>

744,000 246,000<\/p>

126,000 120,000 36,000 84,000<\/p>

Required:<\/p>

Consider each of the following independent situations:<\/p>

  1. Determine the company's break-even point in units and sales dollars. What is the margin of safety?<\/li>
  2. If the company wants to make an after-tax profit of $100,000, what is the dollar level of sales necessary to reach its goal?<\/li>
  3. If the sales volume is 15,000 units, what is the selling price needed to achieve an after-tax profit of $100,000?<\/li>
  4. lf the company's sales volume increases by 10% as a result of increasing fixed selling expenses by $10,000 and variable selling expenses by $0.60 per unit, what is the company's after-tax profit?<\/li>
  5. If direct material costs increase 15%, direct labour costs increase 10%, variable overhead costs increase 15%, and fixed overhead increases by $10 000, how many units must be sold to earn an after-tax profit of $100,000? Round your calculations to the next highest unit.<\/li> <\/ol>

    <\/p>", "transcribed_text": "", "related_book": { "title": "Income Tax Fundamentals 2013", "isbn": "1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516", "edition": "31st Edition", "authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1124.jpg", "uri": "\/textbooks\/income-tax-fundamentals-2013-31st-edition-9781285586618", "see_more_uri": "" }, "free_related_book": { "isbn": "0692651640", "uri": "\/textbooks\/death-an-exploration-learning-to-embrace-lifes-most-feared-mystery-1st-edition-978-0692651643-262457", "name": "Death An Exploration Learning To Embrace Lifes Most Feared Mystery", "edition": "1st Edition" }, "question_posted": "2024-06-28 04:35:11", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-substantive-tests-of-transactions-are-typically-performed-for-this", "description": "What substantive tests of transactions are typically performed for this process?", "stars": 3 }, { "url": "\/study-help\/psychology\/1-establish-a-place-for-listing-assignments-some-teachers-reserve-1984107", "description": "1. 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