Question: M/s Q-Mobile sells Cellular Phones for Rs.1000. The unit variable cost per phone is Rs.500 plus a Selling Commission of 10%. Fixed manufacturing costs total

M/s Q-Mobile sells Cellular Phones for Rs.1000. The unit variable cost per phone is Rs.500 plus a Selling Commission of 10%. Fixed manufacturing costs total Rs.12,500 per month, while fixed selling and Administrative costs total Rs. 25,000. Required: A. What is the contribution margin per phone? B. What is the breakeven point in phones? C. How many phones must be sold to earn a targeted profit of Rs. 75,000?Single line text.

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!

Concord Clinic's directors are budgeting for administrative staff for next year. They need to plan for enough capacity to handle patients in the clinic's three practice areas: urgent care, general...

Note : the Answer should be Computerized Solved Section 1 (5 Marks) [CLo 1] ABS's Cellular sells phones for $120. The unit variable cost per phone is $72 plus selling commission of 10%. Fixed m costs...

Oates Tannery sells boxes of leather for $160. The unit variable cost per case is $80 plus commission of 10%. Fixed manufacturing costs total $2,000 per month, while fixed selling and administrative...

U.S. Telephone Cellular sells phones of $100. The unit variable cost per phone is $50 plus selling commission of 10% (based on the unit sales price per phone). Fixing manufacturing cost total $1,210...

ABSs Cellular sells phones for $120. The unit variable cost per phone is $72 plus selling commission of 10%. Fixed m costs total $1,550 per month, while fixed selling and administrative costs total...

Ryan Corporation is a charitable organization that supplies boxes of food free to families in need. Fixed costs are $ 1 , 0 0 0 , 0 0 0 . Each box of food costs $ 8 0 . The corporation has a budgeted...

Ryan Corporation is a charitable organization that supplies boxes of food free to families in need. Fixed costs are $1,000,000. Each box of food costs $80. The corporation has a budgeted...

1 Randy's tireland makes a product that sells for $68 per unit and has $47 per unit in variable costs. Annual fixed costs are $24,000. If Rambles sells 10 units less than breakeven, how much loss...

Need Help ASAP! Thanks 1 - Ritz Furniture has a contribution margin ratio of 0.16. If fixed costs are $176,600, how manydollars of revenue must the company generate in order to reach the break-even...

Talk Time Cellular sells smart phones for $150. The unit variable cost per phone is $25 plus a selling commission of 10%. Fixed manufacturing costs total $5,600 per month, while fixed selling and...

(Wallace) Bell Industries sells samsung phones for CDN$100. The unit variable cost per phone is $50 plus a selling commission of 10%. Fixed manufacturing costs total $1,250 per month, while fixed...

When Gail dies, she owns 100% of the stock of an S corporation, with an adjusted basis of $10,000 and FMV of $100,000. The adjusted basis and FMV of the assets inside the S corporation are the same...

In Application 3 the solution (6, 6, 6, 1) was obtained by setting the free variable x4 = 1. (a) Determine the solution corresponding to x4 = 0. What information, if any, does this solution give...

As is common payroll procedure for most employers, Clara's company q , her paycheck semimonthly into her checking account. This is a paperless process and no check is issued to the employee. By...

Assume that you are planning to purchase a 55-inch LED, LCD flat-screen television. In groups of three or four, determine the lowest cost for the television, considering the available alternatives...

Steve Reese is a well-known interior designer in Fort Worth, Texas. He wants to start his own business and convinces Rob ODonnell, a local merchant, to contribute the capital to form a partnership....

Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at a local university and earns a salary of $67,800. Meg works part time...

A small particle of mass m is released from rest in a viscous fluid to fall under gravity. The particle experiences a linear drag force F = -bv, measuring distance z downwards as the positive...

Write simple valence bond wave functions for the diatomic molecules B 2 and O 2 . State the bond order predicted by the simple VB model and compare with the LCAO predictions in Table 6.3. TABLE 6.3...

Could someone help me with the exact excel functions for the cells in these problems

Discuss the role of the HRM function in strategy formulation. page 79

Discuss how human resource management affects a companys balanced scorecard. page 29

Every time we allow the post offi ce to deliver packages late and we just grumble to ourselves and say nothing to our postal carriers, we enable mail delivery services around the world to continue at...