REQUIRED Calculate the following from the information provided below: 3.1.1 Break-even value using the marginal income...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
REQUIRED Calculate the following from the information provided below: 3.1.1 Break-even value using the marginal income ratio 3.1.2 Margin of safety (in units) 3.1.3 Break-even quantity if a sales commission of 20% is introduced. INFORMATION Simba (Pty) Ltd manufactures a single product and the following budget has been produced by the management accountant: Sales at R250 per unit Variable costs Fixed manufacturing, administrative and marketing costs All the units produced are expected to be sold. R1 000 000 R600 000 R250 000 REQUIRED Calculate the following from the information provided below: 3.1.1 Break-even value using the marginal income ratio 3.1.2 Margin of safety (in units) 3.1.3 Break-even quantity if a sales commission of 20% is introduced. INFORMATION Simba (Pty) Ltd manufactures a single product and the following budget has been produced by the management accountant: Sales at R250 per unit Variable costs Fixed manufacturing, administrative and marketing costs All the units produced are expected to be sold. R1 000 000 R600 000 R250 000
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
What is the discount yield, bond equivalent yield, and effective annual return on a $ 5 million commercial paper issue that currently sells at 98.625 percent of its face value and is 136 days from...
-
Wember Company acquired a subsidiary company on December 31, 2003, and recorded the cost of the intangible assets it acquired as follows: Patent ..... $100,000 Tradename ..... 80,000 Goodwill ........
-
Given that x is a hyper geometric random variable, compute p(x) for each of the following cases: a. N = 5, n = 3, r = 3, x = 1 b. N = 9, n = 5, r = 3, x = 3 c. N = 4, n = 2, r = 2, x = 2 d. N = 4, n...
-
Which of the following is not a reason an internal auditor should participate in internal control reviews during the design of new systems? a. It is more economical to design controls during the...
-
Refer to P2-5. Apple Inc., headquartered in Cupertino, California, designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players...
-
The income statement of Sunland Company is presented here Sunland Company Income Statement For the Year Ended November 30, 2022 Sales revenue $7,477,800 Cost of goods sold Beginning inventory...
-
Provides a thorough and detailed analysis of how social media marketing can empower a marketing strategy, including the benefits and potential risks (if any) of using this type of marketing.
-
Describe and differentiate the major types of information systems.
-
What are the factors that changed the primary role of HRM from a caretaker of records to a strategic partner?
-
How does the use of smartphones and other devices make delivery of HRIS functionality more effective? More complicated?
-
Justify the need for an HRIS.
-
How does an N-tier simplify IT departments task of maintaining client software?
-
1. It takes Doug 6 days to reroof a house. If Doug\'s son helps him, the job can be completed in 4 days. How long would it take Doug\\\'s son, working alone, to do the job?
-
What is the maximum volume of 0.25 M sodium hypochlorite solution (NaOCl, laundry bleach) that can be prepared by dilution of 1.00 L of 0.80 M NaOCl?
-
Joe, the nurse manager for CCU, counsels Registered Nurse Bob about his errors in charting and tells Bob that the next time an error is made, a formal warning will be put in his personnel file. Bob...
-
Which theorist helps a manager understand why an employee who does not feel safe on the job cannot perform his or her job duties well? A. Maslow. B. Herzberg. C. Vroom. D. Alderfer.
-
Research by Aiken et al. on magnet hospitals shows: A. Job satisfaction has no impact on an organizations effectiveness. B. Magnet hospitals have high turnover rates. C. Job satisfaction is...
Study smarter with the SolutionInn App