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Managerial Accounting Hi CH Tutor! Please help me to answer these questions on Microsoft Excel. We need the one-by-one solution for these. If you follow
Managerial Accounting
Hi CH Tutor! Please help me to answer these questions on Microsoft Excel. We need the one-by-one solution for these. If you follow the instructions, I will give you positive feedback. Thank you.
The following are the traditional income statement of Tidus Incorporated: Sales 1,000,090.00 Manufacturing Costs Fixed 125,000.00 Variable 225,000.00 Total manufacturing costs 350,000.00 Gross profit 650,000.00 Expenses Selling 120,000.00 Administration 280,000.00 Total expenses 400,000.00 Net income before tax 250,000.00 Income taxes (30.00%) 75,000.00 Net income after tax 175,000.0041. What is the contribution margin under variable costing statement suppose that 30.00% of the expenses are fixed costs? a. 650,000.00 c. 655,000.00 b. 250.000.00 d. 495,000.00 42. What is the contribution margin ratio under variable costing statement suppose that 30.00% of the expenses are fixed costs? a. 65.00% c. 65.50% b. 25.00% d. 49.50%43. The following are the selected information from Ochu Corporation: Raw materials per unit 30.00 Direct labor per unit 10.00 Factory overhead per unit 10.00 Total xed costs [00,000.00 Selling price per unit 75.00 Quantity produced and sold 6,000 units Consider each question's situation separately. If the management is planning to reduce the fixed marketing expenses to 80,000.00 but units sold will redLiCe by 15.00%, what would be the net effect in net income? a. profit will decrease by 2,500.00 b. profit will increase by 2,500.00 c. profit will decrease to 2,500.00 (1. No effect 44. The management of Ochu Corp. is to reduce the selling price to 20.00 and units sold will increase to 2,500.00, what would be the net effect in net income assume all other variables remain constant? a. profit will decrease by 20,000.00 b. profit will increase by 20,000.00 c. profit will increase to 20,000.00 d. No effect 45. Towards improvement of company's performance an increase variable costs by 5.00 and a corresponding decrease in fixed cost for 20,000.00 is being considered. At eeteris paribus, what would be the net effect in net income? a. profit will increase by 10,000.00 b. profit will increase to 40,000.00 c. profit will decrease to 40,000.00 (1. No effect 46. Due to rising prices of raw materials used in production, the management is planning to increase selling price by 5.00% but sales but with a negative impact on sales by 2.00%. All other things remain constant, what would be the net effect in net income? a. profit will decrease by 19,050.00 b. profit will increase by 19,050.00 c. profit will decrease to 69,050.00 d. No effect 47. If the management will attempt to increase selling price by 9.00 but sales to decrease by 10.00% and xed cost is to increase by 30,000.00, what would be the net effect in net income, assuming all other factors remain unchanged? a. profit will increase by 3,600.00 b. profit will decrease by 3,600.00 c. profit will increase to 3,600.00 d. No effect 48. 1f the management will attempt to increase selling price to 7311) due to increase in variable cost by 1.50 but sales to decrease by 8.00% and fixed coast is to be valued to 96,28L'Iil while tax rate is to be reduced from 40% to 3U%, which of the following statements is true assuming all other factors remain unchanged? a. No effect on contribution margin and CM ratio b. No effect on breakeven pesos and units c. No effect on net income after tax d. No effect on net inconie before taxStep by Step Solution
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