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Question: Complete the requirements questions from CVP Analysis
Astra produces one product. A 10% wage increase goes into effect next year to the manufacturing employees. The wage is a variable labor. Overhead will not change as a result of wage increase. You are satisfied that volume is the primary factor affecting costs and have separated the semi-variable costs into their fixed and variable components by means of the least squares method. You also observed that the beginning and ending inventories are never materially different. Below are the current year data assembled for your analysis
Selling price per unit P80.00
Annual volume of sales 5,000 units
Variable cost per unit:
Materials P30.00
Fixed Costs P51,000
Labor 13.00
Overhead 6.00
Required: 1. What increase in the selling price is necessary to cover the 10% wage increase and still maintain the current contribution margin ratio?
2. How many units must be sold to maintain the current net income if the sales price remains at P80.00and the 10% wage increase goes into effect?
3. The president believes that an additional P190,000 of machinery (to be depreciated at 10% annually) will increase present capacity (5,300 units) by 30%. If all units produced can be sold at the present price and the wage increase goes into effect, would the estimated net income before compare with the estimated net income after expansion.
He is an active participant in his employer's pension plan. What is the maximum deductible IRA contribution he can make in 2016
Debit to Ordinary Share Dividends Distributable
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Testing cars, again. As in Exercise 69, state regulators are checking up on repair shops to see if they are certifying vehicles that do not meet pollution standards. a) In this context, what is meant by the power of the test the regulators are cond..
Identify the three valuation techniques that are discussed in IFRS 13 and illustrate each of these techniques with simple examples.
The machine will have a 12-year useful life and no salvage value. Calculate the cash payback period
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