Reference no: EM132487562
Viejol Corporation has collected the following information after its first year of sales. Sales were $2,000,000 on 100,000 units, selling expenses $230,000 (40% variable and 60% fixed), direct materials $490,000, direct labor $611,800, administrative expenses $278,000 (20% variable and 80% fixed), and manufacturing overhead $358,000 (70% variable and 30% fixed). Top management has asked for a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year.
Contribution margin for current year $ 500,000
Contribution margin for projected year $ 550,000
Fixed Costs $ 467,800
Question 1: Compute the break-even point in units and sales dollars for the current year.
Break-even point in units: 93560 units
Break-even point in dollars: $1871200
Question 2: The company has a target net income of $206,000. What is the required sales in dollars for the company to meet its target?
|
Determine the loss if the old elevator is replaced
: Determine the loss if the old elevator is replaced. Last year (2016), Richter Condos installed a mechanized elevator for its tenants.
|
|
Highest murder rates in the industrialized world
: Why does the United States have one of the highest murder rates in the industrialized world? What can and should we do to reduce our murder rate?
|
|
Determine what is the coupon rate
: A 12-year, annual coupon bond is priced at $1,102.60. The bond has a $1,000 face value and a yield to maturity of 5.33 percent. What is the coupon rate?
|
|
What are the effects of slavery
: What are the effects of slavery, The Great Migration, and the Jim Crow era laws that are evident in urban issues in our current society?
|
|
What is the required sales in dollars for the company
: The company has a target net income of $206,000. Deytermine What is the required sales in dollars for the company to meet its target?
|
|
Discuss analysis of regions and dynamics
: Wallerstein conceptualizes the capitalist system as a "world system" that consists of the three connected regions - core, periphery, and semi-periphery.
|
|
Compute the gain or loss on the sale
: If Twilight Hospital sells its old scanner on January 2, 2017, Compute the gain or loss on the sale. On January 2, 2016, Twilight Hospital purchased a $98,400
|
|
Obtaining the whole principal back
: Under what circumstances will the financial institution benefit from obtaining the whole principal back?
|
|
What three areas will impact sports in the future
: What three areas will impact sports in the future? What are some positive and negative aspects in the future of sport?
|