The following information is given for Rise Up Sdn.Bhd: Unit sales price Variable cost per unit...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The following information is given for Rise Up Sdn.Bhd: Unit sales price Variable cost per unit Total Fixed cost RM15 RM7 RM55,000 Required: a) Calculate the Contribution margin per unit. b) Contribution margin ratio. c) Break-even sales in the unit and RM. d) Sales in units required to achieve a net income of RM5,000. e) Sales in units required to achieve a net income of 15% of sales. (2 marks) g) Briefly explain what margin of safety is and its use. (2 marks) (4 marks) (3 marks) (3 marks) f) Assume the budgeted sales of RM150,000 with a break-even sales level of RM125,000. What is the margin of safety for Rise Up Sdn Bhd? (3 marks) (3 marks) The following information is given for Rise Up Sdn.Bhd: Unit sales price Variable cost per unit Total Fixed cost RM15 RM7 RM55,000 Required: a) Calculate the Contribution margin per unit. b) Contribution margin ratio. c) Break-even sales in the unit and RM. d) Sales in units required to achieve a net income of RM5,000. e) Sales in units required to achieve a net income of 15% of sales. (2 marks) g) Briefly explain what margin of safety is and its use. (2 marks) (4 marks) (3 marks) (3 marks) f) Assume the budgeted sales of RM150,000 with a break-even sales level of RM125,000. What is the margin of safety for Rise Up Sdn Bhd? (3 marks) (3 marks)
Expert Answer:
Related Book For
Posted Date:
Students also viewed these accounting questions
-
The following information is given for a particular part. Using a lead time of two weeks, complete the table. Week Gross requirements On-hand/scheduled receipts Net requirements Planned order...
-
The following information is given for Greenbaum Tool Manufacturing Company: Required: 1. Determine the ABC allocation rate for each activity (i.e., each manufacturing overhead cost pool). 2....
-
The following information is given for Tripp Company, which uses the indirect method. Net income $20,000 Depreciation expense 3,000 Increase in accounts receivable 2,000 Payment of dividends 2,000...
-
The measured and corrected cylinder pressures around IVC (210CA) are given in the table. Find out the reference pressure ppeg (the manifold air pressure) at IVC, using 5 point half-width (n=10) for...
-
Consider the following events: Scientists reveal that consumption of oranges decreases the risk of diabetes, and at the same time, farmers use a new fertilizer that makes orange trees more...
-
(a) Prove the reduction formula (b) Use part (a) to evaluate cos 2 x dx. (c) Use parts (a) and (b) to evaluate cos 4 x dx. 1 cos"- cos"-'x sin x + cos"x dx cos"-2x dx
-
Define distributed information system architecture and provide an example.
-
Ricardo has asked you to computerize the billing process for Citron so that customers can get their cars quickly and still be billed correctly. Draw a decision table that represents the conditions,...
-
Q1. i) To aid analysis of the variation in flow in a river, a Flow Duration Curve (FDC) is used. Sketch a typical Flow Duration Curve and, with reference to the sketch, describe what Q70represents....
-
For the spring assemblages shown in Figures P2-8 through P2-16, determine the nodal displacements, the forces in each element, and the reactions. Use the direct stiffness method for all problems....
-
made an experiment to make a Grignard reagent using ether and benzene bromide, and to make triphenylmethanol with methyl benzoate. At this time, the reaction efficiency was different when CPME was...
-
A single card is drawn from a standard deck of cards. Find the probabilities if the given information is known about the chosen card in Problems 31-36. A face card is a jack, queen, or king. \(P(\)...
-
True or false? An expected value of \(\$ 5\) means that you should expect to win \(\$ 5\) each time you play the game. Explain.
-
Suppose that in an assortment of 20 calculators there are 5 with defective switches. Draw with and without replacement. a. If one machine is selected at random, what is the probability it has a...
-
a. A game consists of removing a card from a deck of 52 cards. If the card is a face card, you win \(\$ 1\) and the game is over. If it is not a face card, remove another card. If that one is a face...
-
Suppose the odds are 33 to 1 that someone will lie to you at least once in the next seven days. State this as a probability.
-
Company XYZ is planning to sell 20,000 units at a price of $5 per unit during the month of December. The company has total fixed costs of $60,000. Assume a planned margin of safety of $16,000, what...
-
CRUZ, INC. Comparative Balance Sheets December 31, 2015 CRUZ, INC. Income Statement For Year Ended December 31, 2015 Required Use the indirect method to prepare the cash provided or used from...
-
What role do standard costs play in controlling the operations of a business?
-
The Sacramento plant of Montero Food Corporation produces a gourmet cheese. The following data pertain to the year ended December 31, 2017: Required Prepare a schedule analyzing the physical flow of...
-
Explain how the profit-maximizing price is calculated. Why is the profit-maximizing price extremely difficult to calculate for an actual product?
-
Laura says she doesnt believe that humans were at one time chimpanzees or gorillas. Jeff says he doesnt believe it either. Explain why biologists also dont believe that humans are descended from...
-
Write a letter to Grandma telling her about drug resistance in living organisms. Explain to her why drug resistance is such a common phenomenonincluding why insects become more resistant to...
-
During a drought, the supply of seeds available to a finch population decreases. The smaller, softer seeds, which are easier to crack, are quickly eaten up. Finches with larger, stronger beaks are...
Study smarter with the SolutionInn App