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I only need the equations. Please and thank you! A B C D 4 8 Last Name S 5 ENTER YOUR INDIVIDUAL CASE NUMBER HERE
I only need the equations. Please and thank you!
A B C D 4 8 Last Name S 5 ENTER YOUR INDIVIDUAL CASE NUMBER HERE 6 (THIS IS POSTED IN YOUR GRADEBOOK) 7 First Name 9 Enter Your Name Here 10 11 Units Manufactured 100 12 13 Direct Materials in S's): 14 Total Cost for Your Direct Material Number 1 S 15 Total Cost for Your Direct Material Number 2 S 16 Total Cost for Your Direct Material Number 3 $ 17 Total Direct Materials (in $'s) 18 19 Direct Labor (in $'s) 20 21 Variable Factory Overhead (in S's) 22 Total Cost for Your F/O Number 1 S 23 Total Cost for Your F/O Number 2 S 24 Total Factory Overhead (in S's) 25 26 Cost of Goods Manufactured 27 (No Beg or End D/M or WIP Inventories) 28 29 Sales Price Per Unit S 30 Units Sold 100 31 Total Sales in S's S 32 33 Fixed Cost S S 5,000 10,000 S 10,000 $ 15,000 25,000 B C 34 35 WITH THE ABOVE DATA SOLVE THE FOLLOWING QUESTIONS REGARDING YOUR PRODUCT: 36 1) What is your Product's Operating income? 37 Record your answer here 38 39 2) What is your Product's Contribution Margin per unit? Record your answer here 40 41 42 3) What is your Product's Contribution Margin percent? Record your answer here 43 OIO 44 45 4) How Many Units Would Have to be Sold to break even? Record your answer here 46 47 5) How Many Units Would Have to be sold to Yield a 48 Target Operating Income of $30,000? 49 Record your answer here 50 52 6) USING YOUR OPERATING INCOME YOU CALCULATED IN NO. 1 ABOVE, What is your Product's 51 Planned Net Income Assuming a Tax Rate of 30%? Record your answer here 53 54 Case Part 2 Grading: Possible Points 55 2 points for each correct answer 12 56 1 point for use of excel formulas to support answers 6 57 Total points for case part 2 18 58Step by Step Solution
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