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In: Accounting
Cost-Volume-Profit Relations: Fill in Missing Data Following are data from 4 different companies. Provide the missing...
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Cost-Volume-Profit Relations: Fill in Missing Data
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Solutions
Expert Solution
| Case A | Case B | Case C | Case D | ||
| Units | 1,000 | 800 | 4,200 | 3,000 | |
| Sales Revenue | $20,000 | $2,400 | $163,800 | $60,000 | |
| Variable cost per unit | $10 | $2 | $14 | $8 | |
| Varaible cost | $10,000 | $1,600 | $58,800 | $24,000 | |
| Contribution Margin | $10,000 | $800 | $105,000 | $36,000 | |
| Fixed Cost | $8,300 | $200 | $100,000 | $24,000 | |
| Net Income | $1,700 | $600 | $5,000 | $12,000 | |
| Units contribution margin | $10 | $1 | $25 | $12 | |
| Break-even point | 830 | 200 | 4,000 | 2,000 | |
| Margin of safety | 170 | 600 | 200 | 1,000 | |
ekkarill92 answered 3 years agoRelated Solutions
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in...
Cost-Volume-Profit Relations: Missing Data
Following are data from 4 separate companies. Supply the missing
data in each independent case
Case A
Case B
Case C
Case D
Unit Sales
1,000
800
Answer
Answer
Sales revenue
$20,000
Answer
Answer
$60,000
Variable cost per unit
$10
$2
$10
Answer
Contribution margin
Answer
$800
Answer
Answer
Fixed Costs
$8,100
Answer
$60,000
Answer
Net income
Answer
$600
Answer
Answer
Unit contribution margin
Answer
Answer
Answer
$13
Break-even point (units)
Answer
Answer
4,000
2,000
Margin...
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in...
Cost-Volume-Profit Relations: Missing Data
Following are data from 4 separate companies. Supply the missing
data in each independent case.
Case 1
Case 2
Case 3
Case 4
Sales revenue
$90,000
$150,000
Answer
Answer
Contribution margin
$45,000
Answer
$40,000
Answer
Fixed costs
$30,000
Answer
Answer
Answer
Net income
Answer
$15,000
$24,000
Answer
Variable cost ratio
Answer
0.40
Answer
0.60
Contribution margin ratio
Answer
Answer
0.25
Answer
Break-even point (dollars)
Answer
Answer
Answer
$150,000
Margin of safety (dollars)
Answer
Answer
Answer
$125,000
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in...
Cost-Volume-Profit Relations: Missing Data
Following are data from 4 separate companies. Supply the missing
data in each independent case
Case A
Case B
Case C
Case D
Unit Sales
1,000
800
Answer
Answer
Sales revenue
$20,000
Answer
Answer
$60,000
Variable cost per unit
$10
$2
$10
Answer
Contribution margin
Answer
$800
Answer
Answer
Fixed Costs
$8,100
Answer
$60,000
Answer
Net income
Answer
$600
Answer
Answer
Unit contribution margin
Answer
Answer
Answer
$13
Break-even point (units)
Answer
Answer
4,000
2,000
Margin...
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in...
Cost-Volume-Profit Relations: Missing Data
Following are data from 4 separate companies. Supply the missing
data in each independent case.
Case 1
Case 2
Case 3
Case 4
Sales revenue
$100,000
$90,000
Answer
Answer
Contribution margin
$40,000}
Answer
$20,000
Answer
Fixed Costs
$24,000
Answer
Answer
Answer
Net income
Answer
$7,000
$9,000
Answer
Variable cost ratio
Answer
0.50
Answer
0.20
Contribution margin ratio
Answer
Answer
0.40
Answer
Break-even point (dollars)
Answer
Answer
Answer
$20,000
Margin of safety (dollars)
Answer
Answer
Answer
$30,000
Fill in the missing amounts for the following 4 companies. Each case is independent of the...
Fill in the missing amounts for the following 4 companies. Each
case is independent of the others. Assume that only one product is
being sold by each company:
Company A
Company B
Company C
Company D
Units Sold
600
900
Sales in Dollars
$30,000
$63,000
$235,000
$
Total Variable Expenses
$6,600
$
$
$135,000
Per Unit C/M
$
$60
$270
$140
Total Fixed Expenses
$20,600
$35,000
$144,000
$
Net Operating Income (Loss)
$
$7,000
$(9,000)
$(25,000)
The following information is taken from the accounting records of four different companies. Provide the missing...
The following information is taken from the accounting records
of four different companies. Provide the missing amounts. Assume
there are no indirect materials used in the company’s finished
product.
Company 1
Company 2
Company 3
Company 4
Direct Materials Inventory, beginning
$15,400
$
$6,000
$165,300
Purchases of direct materials
86,400
52,600
258,800
Total direct materials available for use
394,600
111,600
Direct Materials Inventory, ending
26,700
59,350
Direct materials used in production
90,800
Direct labor
212,700
25,500
299,100
Total manufacturing overhead...
The following information is taken from the accounting records of four different companies. Provide the missing...
The following information is taken from the accounting records
of four different companies. Provide the missing amounts. Assume
there are no indirect materials used in the company’s finished
product.
Company 1
Company 2
Company 3
Company 4
Direct Materials Inventory, beginning
$15,900
$
$6,500
$166,000
Purchases of direct materials
86,400
52,600
258,900
Total direct materials available for use
394,900
112,000
Direct Materials Inventory, ending
26,200
59,750
Direct materials used in production
91,100
Direct labor
212,000
25,000
298,500
Total manufacturing overhead...
ROI: Fill in the Unknowns Provide the missing data in the following situations: Eastern Division Western...
ROI: Fill in the Unknowns
Provide the missing data in the following situations:
Eastern Division
Western Division
Southern Division
Sales
Answer
$6,000,000
Answer
Net operating income
$180,000
$ 360,000
$120,000
Operating assets
Answer
Answer
$600,000
Return on investment
25%
18%
Answer %
Return on sales
0.05
Answer
0.08
Investment turnover
Answer
Answer
2.5
The budgets of three companies yield the following information. fill in the blanks for each missing...
The budgets of three companies yield the following information.
fill in the blanks for each missing value. Carey Company: Net sales
Revenue ________, Variable Costs 196,000, Fixed Costs 162,000,
Operating Income (loss)__________, Units Sold 14,000, Contribution
Margin per Unit__________, Contribution Margin Ratio 60%.
Doren Company: Met Sales Revenue 950,000, Variable Costs
760,000, Fixed Costs 100,000, Operating Income(loss)__________,
Units Sold_________, Contribution Margin per Unit $76.00,
Contribution Margin Ratio____________.
Everest Company: Net Sales Revenue___________, Variable Costs
186,300, Fixed Costs____________, Operating Income (loss)...
sing Data Set C, fill in the missing data.
(a)
Using Data Set C, fill in the missing data. (Round your p-values to 4 decimal places and other answers to 2 decimal places.)
R2
ANOVA table
Source
F
p-value
Regression
Variables
p-value
Intercept
Floor
Offices
Entrances
Age
Freeway
(b)
The predictors whose p-values are less than 0.05 are (You may select more than one answer. Click the box with a check mark for the correct answer and double...
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