Question: 1. You are given the following data for the year 2016 of XYZ Co. Limited Variable cost 600,000 Fixed cost 300000 Net profit 100,000 1000,000

1. You are given the following data for the year 2016 of XYZ Co. Limited Variable cost 600,000 Fixed cost 300000 Net profit 100,000 1000,000 Required, Find out: a) Break-even point (3 MARKS) b) P/V ratio (3 MARKS) c) Margin of safety (2 MARKS) d) Draw a break even chart showing contribution

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Investment Question Part 2 Part 1 The annual rate of return of a savings portfolio is assumed to be distributed N(9%,6%) An investor starts with a $1MM investment. The investor withdraws $10K per...

3. You are given the following data for the year 2016 of XYZ Co. Limited Variable cost 600,000 Fixed cost 300000 Net profit 100,000 1000,000 Required, Find out: a) Break-even point (3 MARKS) b) P/V...

You are given the following data for the year 2016 of XYZ Co. Limited Variable cost 600,000 Fixed Cost 300,000 Net Profit 100,000 Required, Find out: a) Break-even point b) P/V ratio c) Margin of...

i need the work to be hand written then uploaded as a picture as an attachment answer all the questions please 3. You are given the following data for the year 2016 of XYZ Co. Limited Variable cost...

this is a final review in the attachment. I know how to do most of it but just want to compare the results. 1. Use the following information to determine the gross margin for Pacific States...

examination of the case study that follows with a view to advise the HTZ Group on issues that would help improve on the efficiency and performance of the business. Read the case study and then answer...

1). James Company has a margin of safety percentage of 20% based on its actual sales. The break-even point is $170,000 and the variable expenses are 50% of sales. Given this information, the actual...

please answer all three questions(evrrything in screen shot) CASE .California Pizza Kitchen Everyone knows that 95% ofrestaurants fail in the rst twoyears, and a lot ofpeople think it's "location,...

CASE .California Pizza Kitchen Everyone knows that 95% ofrestaurants fail in the rst twoyears, and a lot ofpeople think it's "location, location, location." It could be, but my experience is you have...

you will find 30 multiple choices and there is the answer in bold font , I want you to explain for me a solution way and show me the details. 18. Sanderson sells a single product for $50 that has a...

Question 10 According to a study on the effects of smoking by pregnant women on rates of asthma in their children, for expectant mothers who smoke 20 cigarettes per day, 22.3% of their children...

A coin for which the probability of heads is 0.6 is tossed nine times. Use the table of the binomial distribution given at the end of this book to find the probability of obtaining an even number of...

Which of the following bond ratings indicates that short - term obligations remain very safe but payments over the longer lerm might not be sustainable in the event of a slowdown in the economy? A ....

As it plows a parking lot, a snowplow pushes an ever-growing pile of snow in front of it. Suppose a car moving through the air is similarly modeled as a cylinder pushing a growing plug of air in...

Suppose the School Company has this book value balance sheet: The current liabilities consist entirely of notes payable to banks, and the interest rate on this debt is 10 percent, the same as the...

In The Effect of Nozzle Design on the Stability and Performance of Turbulent Water Jets (Fire Safety Journal, Vol. 4, August 1981), C. Theobald describes an experiment in which a shape measurement...

Hannibal Steel Company has a Transport Services Department that provides trucks to haul ore from the companys mine to its two steel millsthe Northern Plant and the Southern Plant. Budgeted costs for...

An electric air heater consists of a horizontal array of thin metal strips that are each 10 mm long in the direction of an airstream that is in parallel flow over the top of the strips. Each strip is...

is holacracy successful organization system

13.6 Explain how to set up aflexible benefits program.

13.2 Describe five government-mandated benefits.

13.3 Discussfive types of voluntary healthcare-related employee services or benefits offered to employees.