Question: Question # 1 : Fill in the missing data for each of the following independent cases. ( Ignore income taxes. ) Note: Do not round

Question #1:
Fill in the missing data for each of the following independent cases. (Ignore income taxes.)
Note: Do not round Intermedlate calculatlons. Leave no cells blank - be certain to enter "0" wherever required.
Question #2:
College Pizza delivers pizzas to the dormitories and apartments near a major state university. The company's annual fixed expenses
are $67,000. The sales price of a pizza is $16, and it costs the company $8 to make and deliver each pizza. (In the following
requirements, ignore income taxes.)
Required:
Using the contribution-margin approach, compute the company's break-even point in units (pizzas).
What is the contribution-margin ratio?
Note: Enter your answer as a decimal.
Compute the break-even sales revenue. Use the contribution-margin ratio in your calculation.
How many pizzas must the company sell to earn a target profit of $73,000? Use the equation method.
Question #3:
Rosario Company, which is located in Buenos Aires, Argentina, manufactures a component used in farm machinery. The firm's fixed
costs are 3,700,000p per year. The variable cost of each component is 1,200p, and the components are sold for 3,800p each. The
company sold 5,700 components during the prior year. ( rho denotes the peso. Argentina's national currency. Several countries use the
peso as their monetary unit. On the day this exercise was written. Argentina"s peso was worth US$0.104. In the following
requirements, ignore income taxes.)
Required:
Compute the break-even point in units.
Note: Round your answer to the nearest whole number.
What will the new break-even point be if fixed costs increase by 10 percent?
Note: Round your answer to the nearest whole number.
What was the company's net income for the prior year?
The sales manager believes that a reduction in the sales price to 3,300 rho will result in orders for 700 more components each year.
What will the break-even point be if the price is changed?
Note: Round your answer to the nearest whole number.
Should the price change discussed in requirement 4 be made?
Question # 1 : Fill in the missing data for each

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!