Qu. 6-125 Mcdale Inc. produces and sells two ...Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below.ProductProduct149VZ50USales$36,000$12,400$41,000$28,410Variable expensesThe fixed expenses of the entire company were $39.100. The break-even point for the entire company is closest to:Multiple Cholce$79,910S83,191$39100S46,220< Prev11 of 36Next >11:01 AM耳 CA66°F Mostly cloudy ^10/20/2021Type here to searchDELL...

Formula: Contribution margin = Sales - Variable cost Contribution margin ratio = ( Total…

Answered: Mcdale Inc. produces and sells two…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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1. Rierson Inc. produces and sells two products. Data concerning those products for the most recent month appear below. The fixed expenses of the entire company were $17,730. The break-even point for the entire company is closest to: Product T77G Product 129C $14,000 Sales S19.000 $9.340 Variable expenses.. $5.180 a. $15,270 b. $31,661 C. $17,730 d. $32,250 2. The excess or deficiency of cash available over disbursements on the cash budget is calculated as follows: a. The beginning balance less the expected cash receipts less the expected cash disbursements. b. None of these, C. The cash available less the expected cash receipts plus the expected cash disbursements. d. The beginning balance plus the expected cash receipts less the expected cash disbursements. 3. Below are the importance of a budget, except: a. basis for performance evaluation. b. resource allocation. C. manipulation of financial results. d. motivation for employees to achieve more than the budgeted target. 4. What are…
The Abigail Company produces and sell two products, X and Y. Cost and revenue data on the products follow: Product X Product Y P24 Selling price per unit Variable cost per unit Contribution margin per unit P20 12 6. P8 P18 In the most recent month, the company sold 400 units of Product X and 800 units of Product Y. Fixed expenses are P10,000 per month. REQUIRED: 1. Prepare a comparative income statement for both products on the most recent monthly projections. 2. Compute the company's overall monthly break-even point in peso sales.
Dietrick Corporation produces and sells two products. Data concerning those products for the most recent month appear below: Product B32L $ 46,000 Sales $ 27,000 Variable expenses $ 13,800 $ 14,670 Fixed expenses for the entire company were $42,550. The break-even point for the entire company is closest to: Note: Round your intermediate calculations to 2 decimal places. Product K84B
20. Crumbley Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product P2 $48,000 $7,520 Product W4 Sales $16,000 Variable expenses $5,920 Fixed expenses for the entire company were $42,760. Determine the overall break-even point for the company in total sales dollars. bluo
Rite Aid Corporation produces and sells two products. Data concerning those products for the most recent month appear below: Product A Product B Sales $ 46,000 $ 27,000 Variable expenses $ 13,800 $ 14,670 Fixed expenses for the entire company were $42,550 The break-even $ for product A is closest to (rounding off the decimal): A. $25,809 B. $71,020 C. $69,754 D. $43,945 12
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product 149V Product Z5OU Sales $ 40,000 $ 45,000 Variable expenses $ 12,800 $ 28,850 The fixed expenses of the entire company were $38,940. The break-even point for the entire company is closest to: Multiple Choice $76,353 $38,940 $80,590 $46,060
Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit $ 200.00 Variable expenses per unit $ 95.50 Fixed expense per month $ 441,890The unit sales to attain the company's monthly target profit of $27,000 is closest to: (Do not round intermediate calculations.) 4487 4910 2344 4229
Adams Company makes a single product that it sells for $8.45 per unit. Provided below is information about this product for the past nine months: Month January February March April May June July August September Total Cost Incurred $28,730 $24,580 $30,660 $16,890 $19,120 $20,610 $17,490 $25,380 $15,540 Units Sold 6,400 5,150 6,900 2,950 3,600 4,150 3,350 5,500 2,700 Adams Company expects to sell 4,620 units of this product during October. Using the high-low method, calculate Adams Company's expected margin of safety for October.
only one product called a Deb. The s Selling and Administrative Expense et data are available: oment Monthly Fixed Cost $ 51,400 $ 61,400 $ 21,400 $ 41,400 Variable Cost Per Deb Sold on) are paid in cash in the month they are 00 Debs in February, then the total e expenses for February is: $ 1.04 $ 1.54 $ 0.34
Tenta Inks Company has compiled the following data for the last five months of operations: Month Labor Hours Cost of Sales August 160 ₱ 617 September 130 ₱553 October 180 ₱596 November 190 ₱725 December 110 532 Applying the HIGH-LOW METHOD, derive the cost equation. _____________________.
Frymire Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit $240.00 Variable expense per unit $79.20 Fixed expense per month $1,019,472 Assume the company's monthly target profit is $46,000. The dollar sales to attain that target profit is closest to: a. $3,228,703 b. $1,961,477 c. $1,590,257 d. $1,065,472
Combe Corporation has two divisions: Alpha and Beta. Data from the most recent month appear below: Alpha $165,000 S107, 250 S 89,100 Beta Sales Variable expenses Traceable fixed expenses $283, 500 $170, 900 S 87,700 The company's common fixed expenses total $86,500. The break-even in sales dollars for Alpha Division is closest to: (Round your Intermedlate calculations to 2 decimal places.) Multple Choice $5074 $254,571 $78,500 $24743

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