Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

It must be answered within 1 hour. I'll give +1 to each answer, thanks. The cost and revenue information of India Company for the last

It must be answered within 1 hour. I'll give +1 to each answer, thanks.

image text in transcribed

The cost and revenue information of India Company for the last year (2022) is provided below: Sales units = 200 units, Selling price per unit =1500 dollars, Number of units produced =200 units, DM=$850 per unit, DL =$115 per unit, Var MOH=$20 per unit, Fixed MOH=$45.000, Var Selling and Adm Exp =$15 per unit, Fixed S\&A Exp =$15.000. A.) Prepare CVP Income Statement. B.) Calculate BEP in Units and BEP in dollars. C.) What is the margin of safety ratio of India Co.? D.) Calculate the degree of operating leverage and explain what happens to NI if sales increase 10% and decrease 10%. The cost and revenue information of India Company for the last year (2022) is provided below: Sales units = 200 units, Selling price per unit =1500 dollars, Number of units produced =200 units, DM=$850 per unit, DL =$115 per unit, Var MOH=$20 per unit, Fixed MOH=$45.000, Var Selling and Adm Exp =$15 per unit, Fixed S\&A Exp =$15.000. A.) Prepare CVP Income Statement. B.) Calculate BEP in Units and BEP in dollars. C.) What is the margin of safety ratio of India Co.? D.) Calculate the degree of operating leverage and explain what happens to NI if sales increase 10% and decrease 10%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

A Survey Of Financial And Managerial Accounting

Authors: Roger H. Hermanson, Roland F. Salmonson, James D. Edwards

5th Edition

025606976X, 978-0256069761

More Books

Students also viewed these Accounting questions

Question

What is Aufbau's rule explain with example?

Answered: 1 week ago