Selected information for ï¬ve different companies is listed in the following table. Required: Find the missing amounts,
Question:
Required:
Find the missing amounts, assuming each company is operating at the break-even point.
Transcribed Image Text:
Revenue Variable Cost Sales Company per Unit per Unit Fixed Cost Volume $8.00 $165,000 10,000 $40.00 8.00 59.00 35.00 360,000 20,000 3.50 40.00 22.00 59,994 (c) (d) 42,700 30,745 (e)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
a RX VCX FC 0 R10000 810000 165000 0 R10000 80000 165000 0 R10000 245000 0 ...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
The ï¬nancial information of three companies is listed in the following table with some numbers omitted. Required: For each of the three companies listed ï¬nd the missing numbers....
-
The data listed in the following table gives hourly measurements of heat flux q (cal/cm2/h) at the surface of a solar collector. As an architectural engineer, you must estimate the total heat...
-
The data listed in the following table are from a study by Benignus and others (1981). Blood and brain levels of toluene (a commonly used solvent) were measured in rats following a 3-hour inhalation...
-
In Exercises 1 through 28, differentiate the given function. y = 2x
-
List the four steps critical to financial success when planning for the life event getting started. Explain how the warning dont procrastinate applies to each step. In your answer, include how often...
-
Design sag rods to support the purlins of an industrial building roof whose span and slope are shown in the accompanying figure. Sag rods are placed at 1 points between roof trusses, which are spaced...
-
In order to test for a gender gap in the way that men and women purchase cars, the Grant Survey Company polls exactly 750 adult men and 750 adult women randomly selected from adults in the United...
-
Members of the board of directors of Safety Step have received the following operating income data for the year ended May 31, 2016: Members of the board are surprised that the industrial systems...
-
On May 1, 20X1, Riverside Company sold a plasma screen TV and a TWO-year maintenance agreement to a customer for a joint price of $2,000. Riverside collected all the cash up front on May 1, the...
-
For each of the following, review the data in the images below and identify the (1) delimiter and (2) the qualifier (if applicable). Is an asset ID a good data field to use as a unique identifier in...
-
Following are a series of statements regarding topics discussed in this chapter. (a) At the break-even point, total revenue dollars equal total variable costs. (b) To compute a desired after-tax...
-
Selected information for four different companies is listed in the following table. Required: (a) Calculate the contribution margin and contribution margin ratio for each company. (b) Determine the...
-
Implement a subclass of BankAccount from How To 9.1 called BasicAccount whose withdraw method charges a penalty of $30 for each withdrawal that results in an overdraft.
-
List the pros and cons of a keyless entry system. Given the choice, what type of system would you install in your home?
-
What does a standard statement of qualifications NOT ask of contractors?
-
How important are learning teams in the online academic venue? Why?
-
What efforts could coca cola have emplyed to rebuild its reputation and restore consumer confidence following 1999 belgium contamination?
-
Compare functionalist theory of gender to the feminist theory of gender? How do they differ? Why has Functionalist theory lost much of its standing in contemporary society?
-
The two following separate cases show the financial position of a parent company and its subsidiary company on November 30, 2024, just after the parent had purchased 90% of the subsidiarys stock:...
-
What is an access control list?
-
Get-Up-N-Go! is a not-for-profit organization with a mission of improving the quality of life for senior citizens; one objective within that mission is to increase seniors physical activity. One...
-
WeeCare is a not-for-profit that provides food, clothing, and medical care to children in developing countries. U. S. television programs are sponsored by WeeCare to describe its programs, show the...
-
How are transfer prices involved in cap-and-trade schemes for carbon and other emissions?
-
The management of Quest Media Inc. is considering two capital investment projects. The estimated net cash flows from each project are as follows: Year Radio Station TV Station 1 $420,000 $880,000 2...
-
Doggie Pawz produces two models of dog beds: rectangle and circle. The following information about the costs to produce the companys products has been provided. Category Estimated Cost Cost Driver...
-
Use the method of averages to find the approximate yield rate for the bond shown in the table below. The bond is to be redeemed at par. Face Value $24,000 Bond Rate Payable Semi-annually Time Before:...
Study smarter with the SolutionInn App