Purple Battery Sdn Bhd makes and sells a single product and the following forecast information is...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Purple Battery Sdn Bhd makes and sells a single product and the following forecast information is available for the year ending 31 March 2021. Direct materials Cost per unit produced RM 20 Direct labour Variable production overheads The projected sales price is RM60 a unit and the company's budgeted level of sales are 20,000 units for the year. The fixed costs are RM120,000 per annum. Required: a) Find the sales value and sales units necessary to break even. 15 10 b) Find the sales units necessary to break even if there is a 15% increase in the direct materials unit price. c) Find the net profit for the company if the budgeted level of sales is achieved. d) Find the number of sales units to achieve a target profit of RM40,000. e) Find the company's Margin of Safety in Ringgit Malaysia. Purple Battery Sdn Bhd makes and sells a single product and the following forecast information is available for the year ending 31 March 2021. Direct materials Cost per unit produced RM 20 Direct labour Variable production overheads The projected sales price is RM60 a unit and the company's budgeted level of sales are 20,000 units for the year. The fixed costs are RM120,000 per annum. Required: a) Find the sales value and sales units necessary to break even. 15 10 b) Find the sales units necessary to break even if there is a 15% increase in the direct materials unit price. c) Find the net profit for the company if the budgeted level of sales is achieved. d) Find the number of sales units to achieve a target profit of RM40,000. e) Find the company's Margin of Safety in Ringgit Malaysia.
Expert Answer:
Answer rating: 100% (QA)
a Find the sales value and sales units necessary to break even Total fixed costs RM120000 Sales price per unit RM60 Total variable costs per unit Dire... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Presidio Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data pertain to Presidio Manufacturing's operations: Current assets as of December 31...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-6. On December 12, Irene purchased the building where her store is located. She paid...
-
Consider thedeadlock situation that could occur in the dining-philosophers problem when the philosophers obtain the chopsticks one at a time. Discuss how the four necessary conditions for deadlock...
-
Suppose the exchange rate between U.S. dollars and the Swiss franc was SFr1.6 = $1, and the exchange rate between the dollar and the British pound was 1 = $1.50. What was the exchange rate between...
-
A particle is in the ground state of a box of length L. Find the probability of finding the particle in the interval x = 0.002L at (a) x = L/2, (b) x = 2L/3, (c) x = L. (Since x is very small, you...
-
How can you formally obtain discovery of information about the adverse party posted on a social media site?
-
Consider the intersection of two shocks of opposite families, as sketched in Fig. 4.23. For M 1 = 3, p 1 = 1 atm, ? 2 = 20?, and ? 3 = 15?, calculate the pressure in regions 4 and 4?, and the flow...
-
Hinsdale Corp. issues 1,000 shares of $3 par value common stock at $20 per share. Later in the year, the company repurchased 200 shares at a cost of $22 per share. 1. Record the journal entry for the...
-
The Scottsville Textile Mill1 produces five different fabrics. Each fabric can be woven on one or more of the mills 38 looms. The sales departments forecast of demand for the next month is shown in...
-
You are in charge of purchases at the student-run used-book supply program at your college, and you must decide how many introductory calculus, history, and marketing texts should be purchased from...
-
For which architectures would you expect the largest benefits from a replacement of floating-point arithmetic by fixed-point arithmetic?
-
What is a (design) model?
-
How would you define the term cyber-physical system (CPS)? Do you see any difference between the terms embedded systems and cyber-physical systems?
-
Which challenges do you see for the security of embedded systems?
-
Please list possible definitions of the term embedded system!
-
Using the information contained in the tables below, develop a preliminary profile of the victim and offender by determining the likelihood that the: 8 points A. Offender is at least 18 B. Victim is...
-
Which of the following is FALSE regarding the purchasing power parity (PPP). a. The PPP is a manifestation of the law of one price b. The PPP says that a country with a higher expected inflation can...
-
Following are a series of cost behavior graphs. The total cost is shown on the vertical (y) axis and the volume (activity) is shown on the horizontal (x) axis. For each of the following situations,...
-
Classify each of the following key performance indicators according to the balanced scorecard perspective it addresses. Choose from financial perspective, customer perspective, internal business...
-
For each of the situations listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that is violated (competence, confidentiality, integrity, or credibility). 1....
-
The audit procedures applied to accrued liabilities differ from those applied to accounts payable because a. Accrued liabilities balances are less material than accounts payable balances. b. Evidence...
-
Match each assertion to the related audit objective. Each assertion may be used once, more than once, or not at all. Audit objective 1. To determine whether the amount shown as invento- ries in the...
-
Audit procedures should be designed to accomplish specific audit objectives. Review the following inventory audit procedures and indicate which audit objectives are being accomplished and how. a....
Study smarter with the SolutionInn App