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Reptile Tanks sell specialised tanks to keep reptiles safe and healthy. The budget for next year is as follows: Mar 3 of 35 Details
Reptile Tanks sell specialised tanks to keep reptiles safe and healthy. The budget for next year is as follows: Mar 3 of 35 Details General Tanks $ Breeder Tanks Quantity expected to sell 1400 units 1972 units Tank Selling Price $638 $849 Tank Cost Price $338 $402 Other Variable Costs per $63 $61 Tank Total Annual Fixed Costs $117959 $113246 Unsure What is the expected profit earned from General Tanks? a. 213841.00 b. 768238.00 c. 647946.00 d. 302041.00 ONGO DOGO ORD M Notes 9 10 Next Page Go To Quality Control Machine costs $55684 $107482 f 35 Total Cost Driver Hours in assembly 55696 Inspections 29134 Machine hours 63938 ure The activity cost rate that will be applied in ABC costing for Machining is closest to? a. 1.20 b. 3.04 c. 1.68 d. 1.33 Water Tanks sell environmental water tanks and have provided the following budget information for next year Details Water Tanks Quantity expected to sell 6,450 units Tank Selling Price $1199 Tank Cost Price $860 Other Variable Costs per $180 Tank Total Annual Fixed Costs $1,018,000 Will the business operate above the break-even point based on this information? Yes No Mark Note 5 TechTronics make Laser TVs and sell these at a premium price of $4,500 each. Through their ABC costing system, they have determined their Direct Materials per TV are $1265 and Direct Labour costs per TV are $701. The detailed analysis of ABC determined the indirect variable costs per TV are $89 and fixed costs per TV were $42 when there was a production of 2209 TVs produced last year. Other fixed costs for last year were $134136. Costs are expected to remain constant for the coming year. What is the number or closest to number of TVs that will need to be sold to break- even given the bove selling prices and cost information? a. 55 b. 56 C. 37 d. 93 C No 15 Next Page Go
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