Question
In: Economics
The Sunrise enterprises, a single product company, provides you the following data for the Month of...
The Sunrise enterprises, a single product company, provides you the following data for the Month of Sep. 2020.
• Sales (4,000 units @ $25/unit): $1,00000
• Contribution Margin per unit: $12
• Total fixed expenses for the month: $18,000 Required: Calculate break-even point( in units and in dollars) and margin of safety( in Percentage, units and Dollars) for Sunrise enterprises using above data. Also draw a CVP graph and show the sales volume representing break-even point and margin of safety on the graph.
This question is from Economics, I want answer of this question with diagram and explanation of diagram
Please help me.
Solutions
Rahul Sunny answered 1 year agoRelated Solutions
Question 6: The following company provides a single product and have provided their summary forecast data...
Question 6: The following company provides a single
product and have provided their summary forecast data shown below
relating to its product for
2020.
Selling price per unit
$55
Variable manufacturing costs
$23
Annual fixed manufacturing costs
$450000
Variable, marketing, distribution and administration
costs
$9
Annual fixed non-manufacturing costs
$229000
Annual volume
50000
a. Calculate the contribution margin per
unit.
b. Calculate the contribution margin ratio.
c. Calculate the break-even in units and sales dollars
for 2020.
d.Calculate the profit...
Question 6: The following company provides a single product and have provided their summary forecast data...
Question 6: The following company provides a single
product and have provided their summary forecast data shown below
relating to its product for
2020.
Selling price per unit
$55
Variable manufacturing costs
$23
Annual fixed manufacturing costs
$450000
Variable, marketing, distribution and administration
costs
$9
Annual fixed non-manufacturing costs
$229000
Annual volume
50000
a. Calculate the contribution margin per
unit.
b. Calculate the contribution margin ratio.
c. Calculate the break-even in units and sales dollars
for 2020....
Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit...
Intercontinental, Inc., provides you with the following data for
its single product:
Sales price per unit
$
51.00
Fixed costs (per month):
Selling, general, and administrative (SG&A)
900,000
Manufacturing overhead
1,800,000
Variable costs (per unit):
Direct labor
6.00
Direct materials
13.00
Manufacturing overhead
9.00
SG&A
5.00
Number of units produced per month
300,000
units
Required:
Compute the amounts for each of the following assuming that both
production levels are within the relevant range. (Do not
round intermediate calculations. Round your...
Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit...
Intercontinental, Inc., provides you with the following data for
its single product:
Sales price per unit
$
50.00
Fixed costs (per month):
Selling, general, and administrative (SG&A)
1,800,000
Manufacturing overhead
2,700,000
Variable costs (per unit):
Direct labor
7.00
Direct materials
12.00
Manufacturing overhead
9.00
SG&A
4.00
Number of units produced per month
300,000
units
Required:
Compute the amounts for each of the following assuming that both
production levels are within the relevant range. (Do not
round intermediate calculations. Round your...
Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit...
Intercontinental,
Inc., provides you with the following data for its single
product:
Sales price per
unit
$
51.00
Fixed costs (per
month):
Selling,
general, and administrative (SG&A)
1,800,000
Manufacturing
overhead
2,700,000
Variable costs
(per unit):
Direct
labor
7.00
Direct
materials
12.00
Manufacturing
overhead
9.00
SG&A
6.00
Number of units
produced per month
300,000
units
Required:
Compute the amounts
for each of the following assuming that both production levels are
within the relevant range. (Do not round intermediate
calculations. Round your...
The Light Company manufactures a single product. The following data is available for 2017: Selling...
The Light Company manufactures a single product. The following
data is available for 2017:
Selling price………..................................$131
Units in beginning inventory……………….0
Units produced………………………….6,300
Units sold……………………………….5,400
Units in ending inventory………………
900
Variable costs per unit:
Direct
materials…………..
$ 65.00
Direct labor………………..
$ 30.00
Variable manufacturing
overhead $
0.00
Variable
selling/administrative
$ 7.00
Fixed costs:
Fixed manufacturing
overhead:
$75,600
REQUIRED: Please prepare an absorption costing
and a...
Weiss Enterprises makes three products in a single facility. Data concerning these products follow: Product A...
Weiss Enterprises makes three products in a single facility.
Data concerning these products follow:
Product
A
B
C
Selling price per unit
$
90.90
$
73.00
$
82.30
Direct materials
$
39.60
$
40.70
$
49.50
Direct labor
$
28.60
$
13.10
$
9.60
Variable manufacturing overhead
$
5.50
$
4.50
$
4.50
Variable selling cost per unit
$
4.20
$
3.30
$
2.70
Mixing minutes per unit
7.50
1.00
1.00
Monthly demand in units
3,000
1,000
2,000
The mixing...
The Hans Solo Company reports the following cost data for its single product. The company regularly...
The Hans Solo Company reports the following cost data for its
single product. The company regularly sells 300,000 units of its
product at a price of $45.00 per unit.
Direct materials
$3.86
per unit
Direct labor
$9.03
per unit
Overhead costs for the year
Variable overhead
$4.75
per unit
Fixed overhead per year
$456,700
Selling and administrative costs for the year
Variable
$1.99
per unit
Fixed
$89,100
Normal production level (in units)
300,000
units
If using variable costing:
a. What...
Rundle Manufacturing Company produces a single product. The following data apply to the standard cost of...
Rundle Manufacturing Company produces a single product.
The following data apply to the standard cost of materials and
labor associated with making the product:
Materials quantity per unit
1
pound
Materials price
$
6.10
per pound
Labor quantity per unit
2
hours
Labor price
$
10.10
per hour
During the year, the company made 2,020 units of product. At the
end of the year, the following variances had been calculated.
Materials usage variance
$
1,159
Favorable
Materials price variance
$...
Data concerning Cutshall Enterprises corporation's single product appear below: Note: fixed or variable Expenses is the...
Data concerning Cutshall Enterprises corporation's single
product appear below: Note: fixed or variable Expenses is the same
as fixed or variable costs.
Selling price per unit....$190.00
Variable expense per unit...$91.20
Fixed expenses per month...$424.840
the unit sales to attain the company 's monthly target profit of
$16.000 is closest to:
A) 3,872
B)2,320
C)4,834
D)4,462
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