I OT Z 4.7 Missing data; integration of CVP factors The following data is available: Dika...
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I OT Z 4.7 Missing data; integration of CVP factors The following data is available: Dika Ltd Statement of Profit or Loss for the month ended 31 May 2015 Sales (? units) Less: Variable costs Contribution Less: Fixed costs Net profit Break-even point: Total Per unit Percentage R R % ? ? 100 ? ? ? ? ? ? ? 13 500 R90 000 In units: ? units In monetary value: Safety ratio: In units: In percentage: R? 20% Operating leverage factor: ? The above is applicable to the actual Statement of Profit or Loss for May 2015. The projected sales for June 2015 are 16 500 units or 10% higher than in May. The net profit was calculated as R20 250, whereas total fixed costs, the selling price and variable costs per unit were the same as those in May. Required (a) For May 2015: (i) Complete the Statement of Profit or Loss. (ii) Use the contribution approach to calculate the break-even point in units and monetary value. (iii) Calculate the safety ratios in monetary value and confirm the safety ratio per- centage. (iv) Calculate the operating leverage factor as at 31 May 2015. I OT Z 4.7 Missing data; integration of CVP factors The following data is available: Dika Ltd Statement of Profit or Loss for the month ended 31 May 2015 Sales (? units) Less: Variable costs Contribution Less: Fixed costs Net profit Break-even point: Total Per unit Percentage R R % ? ? 100 ? ? ? ? ? ? ? 13 500 R90 000 In units: ? units In monetary value: Safety ratio: In units: In percentage: R? 20% Operating leverage factor: ? The above is applicable to the actual Statement of Profit or Loss for May 2015. The projected sales for June 2015 are 16 500 units or 10% higher than in May. The net profit was calculated as R20 250, whereas total fixed costs, the selling price and variable costs per unit were the same as those in May. Required (a) For May 2015: (i) Complete the Statement of Profit or Loss. (ii) Use the contribution approach to calculate the break-even point in units and monetary value. (iii) Calculate the safety ratios in monetary value and confirm the safety ratio per- centage. (iv) Calculate the operating leverage factor as at 31 May 2015.
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