Reference no: EM13929411
Break-even Analysis- Single Product Whirlpool is considering selling delux refrigerators for residential use. Projected financial information related to this project follows (this is the base case or budget): Selling price $3,000 per unit Variable Cost $600 per unit Fixed costs $6,000,000 for the period Projected Sales4,500units (BUDGETED UNITS) Using this information, answer the following questions: What is the break-even point in sales dollars and units?
Calculate operating profit using information from base case.
How many refrigerators must be sold to earn a profit of $4,800,000?
What is the projected margin of safety in dollars and units?
Go back to the base case and calculate the operating profit if the selling price per unit increases by 15%.
Go back to the bas case. Recent change in strategy, paying commissions (increase variable cost) at $500 per unit increases the volume by 10% and decreases fixed cost by $1,000,000. Show the contribution margin and operating profit at these new cost / volume levels.
Balance sheet for the bonds and for the leases
: What amounts will appear in S&R's December 31, 2016, balance sheet for the bonds and for the leases?(Enter your answers in whole dollars.)
|
A report for the insurance company
: Suzuki is fully insured for fire losses but must prepare a report for the insurance company.
|
Ending inventory and cost of goods sold
: Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost.
|
Break-even point in units and sales dollars
: Determine Cove’s break-even point in units and sales dollars. (Round your Break-Even Units answer to the nearest whole number. Round your other intermediate calculations and sales dollars answer to 2 decimal places.)
|
Projected financial information
: Break-even Analysis- Single Product Whirlpool is considering selling delux refrigerators for residential use. Projected financial information related to this project follows (this is the base case or budget): Selling price $3,000 per unit Variable Co..
|
Job cost sheet for this job.
: Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
|
Customers and suppliers were conducted in cash
: Prepare the appropriate journal entry for each of the items above (a. through j.). You can assume that all transactions with employees, customers, and suppliers were conducted in cash. (Round your answers to the nearest dollar amount. Omit the "$" si..
|
Utilities cost is probably a mixed cost
: The chief administrator has informed her assistant that the utilities cost is probably a mixed cost that will have to be broken down into its variable and fixed cost elements by use of a scattergraph. The assistant feels, however, that if an analysis..
|
Traditional format, with costs organized by function
: Prepare an income statement for Marwick’s Pianos, Inc., for August. Use the traditional format, with costs organized by function. (A "Net operating loss" should be entered as a negative number
|