Problem 7-3 Calculating Break-EvenIn each of the following cases, find the unknown variable. Ignore taxes. (Do not roundintermediate calculations and round your answers to the nearest whole number, e.g.,32.)AccountingBreak-EvenUnit PriceUnit Variable Cost Fixed CostsDepreciation25,000 $24 $10$225,000120,000142,400,0001,200,000es12,00025140,00040,000

Accounting break even is calculated by dividing sum of fixed and depreciation by contribution…

Answered: Problem 7-3 Calculating Break-Even In…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Calculating Break-Even In each of the following cases, find the unknown variable.Ignore taxes. Accounting Break-Even Unit Price Unit Variable Cost Fixed Costs Depreciation 95,800 $ 42 $ 30 $ 820.000 ? 143,806 ? 64 2,750,000 $ 1.150.000 7,835 97 ? 245,000 105,000
Qs Let the selling Price of a product is 200$ and the variable cost is 120$ and the Fixed Cost is 120008 find: . Quantity of Break Even Point. . Break Even Point Revenues in dollar. . The number of product if the operating profitis 24000 a b. c d. The sale value if the expected profit 8000$. = 5=
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations.) Total Break-Even Sales Revenue Variable Fixed Contribution Net Income Sales Expenses Expenses Margin Revenue $ 40,000 30,000 40,000 2. 80,000 15,000 80,000 3. 40,000 80,000 50,000 4. 110,000 22,000 38,000
Holding other factors constant, a company's contribution margin per unit will increase with: O a. any decrease in quantity sold. O b. increase in its total fixed costs c. O c. any decrease in the selling price per unit O d. any increase in variable cost per unit O e. None answers given are correct. 14:0 nere to search W A a 10) ENG 15-04-2 prt sc delete home end $ 96 & 6. num 8. + backspace lock V E T P home D F J K enter pause C 1 shift end alt ctrl
2 Question If cost is represented by C(x) = 1.8x + 10,000 and revenues are represented by R(x) = 8.5x, which equation could be used to find the break-even point? Select the correct answer below: O 6.7x O 6.7x= -10,000 O 8.5x = 1.8x - 10,000 O 10.3x = 10,000 - 1.8x + 10,000 8.52 = 1.8x +10,000
Problem 9-4 Calculating OCF [LO 2] a. Fill in the missing numbers in the following income statement: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g. 32.) Sales 643,700 Costs 384,300 Depreciation 136,500 EBIT Taxes (25%) Net income b. What is the OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.) c. What is the depreciation tax shield? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.) b. OCF C. Depreciation tax shield
DJ.JJ Time lelL 1.2 O d. $1.66 O e. $6.67 CLEAR MY CHOICE Which of the following statements related to CVP chart is not true? O a. None of the given answers. O b. To calculate the total fixed cost from a graph is by multiplying a level of volume by the variable cost per unit found out earlier and subtracting that from the total cost for that level of volume. O c. The intercept between the total cost line on a graph and the y-axis determines variable cost. O d. To determine the variable cost per unit from a graph, the change in cost is divided by the change in units. O e. The high-low method is a way to estimate the cost behavior by graphically connecting the two cost amounts identified with the highest and lowest volume levels. f. The slope of the total cost line determines the variable cost per unit. PAGE NEXT PAGE COLL CET 0024 A MAG241C GAMING MONITOR
CS_1_PIR_second Required 1: What is the company’s overall break-even point in dollar sales? (Round CM ratio to 4 decimal places and final answer to the nearest thousand dollars.) Break-even point in dollar sales Required 2A: Of the total fixed expenses of $268,000, $16,980 could be avoided if the Velcro product is dropped, $132,800 if the Metal product is dropped, and $78,800 if the Nylon product is dropped. The remaining fixed expenses of $39,420 consist of common fixed expenses such as administrative salaries and rent on the factory building that could be avoided only by going out of business entirely. What is the break-even point in unit sales for each product? (Do not round intermediate calculations.) Velcro Metal Nylon Break-even point in unit sales Required 2B: Of the total fixed expenses of $268,000, $16,980 could be avoided if the Velcro product is dropped, $132,800 if the Metal…
17-Assume that in one of the written test of your interview, the following question has been asked. If the breakeven point OMR 40,000, Profit OMR 2000 and fixed cost OMR 8000.What will be the amount of variable cost? Being the interviewee how will you answer this question ? a. OMR 32000 b. OMR42000 c. OMR 50000 d. OMR 40000
7 If you know that: Fixed cost = AED 3000 Variable cost= AED 500 Quantity= 100 units price= AED 10 What is the amount of: 1- Total costs? 2- Average total costs? 3- Total revenue? What are possible three market conditions in which the invisible hand is not working and there is a dead weight loss (lost economic surplus) in the market?
QUESTION 1 If the mark-up on cost is 20%, please and the selling price(Excl. VAT) is R600, which of the following amounts is the correct Cost Price(Excl. VAT)? O A. R100 OB. R580 O C. R575 O D. R500 QUESTION 2 Which one of the following statements with respect to VAT is false? O A. There is no indication of a VAT charge next to zero-rated item listed on an invoice. O B. In general, no input VAT claim is allowed by SARS on the purchase of a double-cab delivery vehicle. O C. The buyer of zero rated supplies will not get any refund from SARS for buying usch an item. O D. If a vendor sells only VAT exempt supplies, it may not register for VAT.
QUESTION 2 Calculate the financial break even for the following details; 1. required return =9% 2. accounting break even 10% 2. cash break even 50 (without tax) 130 Units 260 Units 560 Units None of these

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