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Old MathJax webview it is single , the first two is part A while the third pic is part B Cosmos PC Ltd is a
Old MathJax webview
it is single , the first two is part A while the third pic is part B
Cosmos PC Ltd is a company which produces and sells the new mini laptop. For its 2023 business plan cosmos has estimated the following: Selling price per laptop Variable cost per laptop Annual fixed costs - Total $750 $450 $180,000 ($30,000) Net loss Required: a. Prepare a projected contribution type income statement based on the 2023 business plan. Cosmos PC Itd Projected Income Statement for year ending Dec 31, 2023 a) Calculate the break-even in units and in sales dollars for 2023. Cosmos PC Itd Projected Income Statement for year ending Dec 31, 2023 a) Calculate the break-even in units and in sales dollars for 2023. b) How many units is Cosmos planning to sell in 2023? c) Calculate the units that needs to be sold to earn $1,000,000 before tax? COSMOS PC Itd 60% Variable cost as a % of sales) Total annual fixed cost $180,000 i. Calculate the contribution margin ratio? ii. What is the break-even point in sales dollars? iii. What are the dollar sales if the company is operating at a $100,000 loss? iv. If the company is operating at a $120,000 profit what are the dollar sales? V. If sales increase by $70,000 by how much will profit increase (or loss decrease)Step by Step Solution
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