Question
Unit Price $47 Unit Cost $22 Fixed Cost for Production $350,000 Demand (units) 40,000 Model Unit Price $47 Quantity Sold 38,000 Revenue Unit Cost $22
Unit Price $47 Unit Cost $22 Fixed Cost for Production $350,000 Demand (units) 40,000 Model Unit Price $47 Quantity Sold 38,000 Revenue Unit Cost $22 Quantity Produced 38,000 Variable Costs (total) Fixed Cost $350,000 Profit
a) Calculate the revenue for units sold.
b) Calculate the overall variable cost of production.
c) Calculate the total profit for this production.
d) Refer to the table. What is the appropriate equation in Excel for Profit?
e) Identify the risk factors that the profit it is exposed.
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
a The revenue for units sold is Revenue Model Unit Price x Quantity Sold Revenue 47 x 38000 Revenue ...
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Management Accounting
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
6th Canadian edition
013257084X, 1846589207, 978-0132570848
