Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in...
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Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case Case A Case B Case C Case D Unit Sales 1,000 800 4,300 3,000 Sales revenue $20,000 $ 1,600 $ 20 $60,000 Variable cost per unit $10 $2 $14 $ 5 Contribution margin 10,000 $800 $ 137,600 $ 45,000 Fixed Costs $7,600 $ 300 $100,000 $ 30,000 Net income 3,000 $300 $ 86,000 $ 15,000 Unit contribution margin $ 10 $ 6,000 $19 Break-even point (units) 700 300 4,000 2,000 Margin of safety (units) 300 500 100 1,000 Question 8 Answer saved Marked out of 10.00 P Flag question Customer-Level Planning 7-Eleven operates a number of convenience stores worldwide. Assume that an analysis of operating costs, customer sales, and customer patronage reveals the following: Fixed costs per store $120,000/year Variable cost ratio 0.80 Average sale per customer visit $21.00 Average customer visits per week 1.50 Customers as portion of city population 0.05 Determine the city population required for a single 7-Eleven to earn an annual profit of $40,000. Round annual contribution per customer to two decimal places. For customers required for desired profit and required population, round up to the nearest whole number (i.e., 325.333 customers = 326) Annual contribution per customer Customers required for desired profit Required population Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case Case A Case B Case C Case D Unit Sales 1,000 800 4,300 3,000 Sales revenue $20,000 $ 1,600 $ 20 $60,000 Variable cost per unit $10 $2 $14 $ 5 Contribution margin 10,000 $800 $ 137,600 $ 45,000 Fixed Costs $7,600 $ 300 $100,000 $ 30,000 Net income 3,000 $300 $ 86,000 $ 15,000 Unit contribution margin $ 10 $ 6,000 $19 Break-even point (units) 700 300 4,000 2,000 Margin of safety (units) 300 500 100 1,000 Question 8 Answer saved Marked out of 10.00 P Flag question Customer-Level Planning 7-Eleven operates a number of convenience stores worldwide. Assume that an analysis of operating costs, customer sales, and customer patronage reveals the following: Fixed costs per store $120,000/year Variable cost ratio 0.80 Average sale per customer visit $21.00 Average customer visits per week 1.50 Customers as portion of city population 0.05 Determine the city population required for a single 7-Eleven to earn an annual profit of $40,000. Round annual contribution per customer to two decimal places. For customers required for desired profit and required population, round up to the nearest whole number (i.e., 325.333 customers = 326) Annual contribution per customer Customers required for desired profit Required population
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A B D F G H J K L M 1 2 3 Case A Case B Case C Case D 4 Unit sales 1000 800 3900 1000 5 ... View the full answer
Related Book For
Accounting Information Systems basic concepts and current issues
ISBN: 978-0078025334
3rd edition
Authors: Robert Hurt
Posted Date:
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