Question: Dept. A . Dept. B . Dept C Total Sales 450,000 600,000 750,000 1800,000 less VC 2 Profit 110,000 60,000 200,000 370,000 b. Suppose sales

Dept. A . Dept. B . Dept C Total

Sales 450,000 600,000 750,000 1800,000

less VC 2

Profit 110,000 60,000 200,000 370,000

b. Suppose sales in current year increases by 15%. Calculate profit as % of sales for the new level of sales and explain why the % is greater than the one calculated in part A.

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!

The statements of financial position of Mars plc and Jupiter plc at 31 December 20X2 are as follows: Statements of comprehensive income for the year ended 31 December 20X2 Mars acquired 80% of the...

What are the two biggest problems causing the decline in profits and the two biggest issues causing the cash flow problems? Discuss why. (10) Kathole Retail STATEMENT OF FINANCIAL POSITION: ASSETS:...

Accounting question Parent Ltd acquired equity in Subsidiary Ltd on 1 April 2011. At that date, the identifiable net assets were considered to be fairly valued and the equity of Subsidiary Ltd...

Question 3 Parent Ltd acquired equity in Subsidiary Ltd on 1 April 2011. At that date, the identifiable net assets were considered to be fairly valued and the equity of Subsidiary Ltd comprised:...

FINANCIAL MANAGEMENT BREAKEVEN ANALYSIS AND GROSS PROFIT MARGIN: VARIABLES: P = Selling Price per Product V = Variable Cost per Product F = Fixed Cost per Period Q = Quantity Sold 100,00 80,00 100...

Make suggestions as to how Denine can improve the profitability and cash flows of Kathole Retail (identify those statement of comprehensive income and statement of financial position items as well as...

QUESTION 1 (20) 1.1 XML Limited presented the Statement of Comprehensive Income below for its most recent financial year. R Sales 743 000 402 000 341 000 Cost of sales Gross profit Operating expenses...

GLOBUS. Can you please explain how we can do a better performance? Any tips would be greatly appreciated!!! Most of the numbers that we decided looks great but we are in last place: Investor...

INTRODUCTION Harry Hill and Steven Sharp have lived in Blenheim for many years. They love the lifestyle and the close proximity to quality tramping tracks. Harry currently owns HH Living which is a...

Hi, I have an Assignment for my Finance Subject. I have attached the necessary documentation here for you to view including the Lecture slides of all the Topics covered for this assignment. Please...

Prepare an income tax return (with appropriate schedules) for the Taxpayers for 2019, using the following guidelines and information: The Taxpayers choose to file ajoint income tax return The...

Jims Landscaping is in the business of maintaining and improving yards in surrounding areas. The company bases its overhead cost budgets on the following data: Variable:Overhead costs Supplies...

L Use the following data to answer the following question. Price Quantity Demanded Quantity Supplied Surplus $5 10 15 20 25 30 1,000 900 700 400 300 100 0 200 300 400 600 1,000 Shortage or Using the...

14. True Or False. Composition and division involve the distributive predication of an attribute.

The American Carbon Registry, www.americancarbonregistry.org, provides approved measurement methodologies for energy companies who wish to show greenhouse gas emission reduction through retrofitting...

When ranking acidity of organic compounds, are we suppose to look their atomic size or electronegativity? For instance, when ranking the acidic strength of o-chloro benzoic acid and o- bromo bezoic...

Ride & Co . is a successful moto sharing company that operates in 20 cities of Spain, Italy and France. Its business model consists in the acquisition of motorcycles from 2 main manufacturing...

Digby has a new design for their product Deal next round that can reduce their material cost of producing units from $8.14 to $7.32. Digby passes on half of all cost savings by cutting the current...

As a consultant, you are given a project to reinforced a tunnel that is subjected to sea-water flooding. The design requirements that you must fulfill are; the beam that will be used to reinforce the...

Question 7 . Given the following simple maze, convert the maze into a graph. ( 5 points ) Question 8 . Implement depth first search in the maze function in homework 1 . py . ( 2 0 points ) Question 9...

3. What is the difference between perception and assessment of a particular everyday situation? Give at least three examples.

7. One or other combination of 16.

1. Discuss the following statements: a) Mastery is not the same as understanding. b) Being bigger than is not the same as being the thing that is bigger. c) The difference between order and disorder...