Determine the contribution margin per unit

Assignment Help Managerial Accounting
Reference no: EM133008569

Question - Jeffy Inc. sells a single product. The company's most recent net income statement is given below. Assume that at this level, the number of units sold is P10,000.

Sales P200,000

Less: Flexible (Variable) Expenses (120,000)

Contribution Margin 80,000

Less: Capacity related (Fixed) Expenses (50,000)

Net Income P30,000

Required -

a) Determine the Selling price per unit?

b) Determine the Variable cost per unit?

c) Determine the Contribution margin per unit?

d) Determine the Contribution margin ratio?

e) Determine the Break-even point in units?

f) Determine the Break-even point in total peso sales?

g) To achieve P40,000 in net income, what is the total sales?

Reference no: EM133008569

Questions Cloud

Calculate the portfolio expected return : Calculate the portfolio expected return and standard deviation for various portfolios. Assume correlation coefficients of 1, 0, and -1
Compute the investor required rate of return : Compute the investor's required rate of return by using CAPM for Turbo Ltd ordinary shares, which have a 0.5 beta. The risk free-rate is 10%
What the present value of growth opportunities : Question - ABC's stock trades at $70, next year's earnings are going to be $7, earnings are growing at 5%, What the Present Value of Growth Opportunities
Prepare the journal entry for each transaction : Purchased equipment costing $25,000 in exchange for a $15,000 bank loan and paid $10,000 cash for the remainder. Prepare the journal entry for each transaction
Determine the contribution margin per unit : The company's most recent net income statement is given below. Assume that at this level, the number of units sold is P10,000. Determine the Contribution margin
What is the purpose of a peer review : Question - Relating to auditing - What is the purpose of a peer review? Discuss the reasons why peer reviews have become necessary
Record transactions in the T accounts : Mel invested $10,000 in the business from his personal savings account. Advertising bill received but unpaid, $700. Record transactions in the T accounts
What will be the average cost : The average costs to bake croissants are $0.40 for 3,300 and $0.35 for 6,600. If the total cost function for croissants is linear, what will be the average cost
What are the major points of contention in the case : During the three months ended September 30, 20X1, Nailed It! purchased an additional $500,000 of component parts. What are major points of contention in case

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd