Reference no: EM132957190
A construction company has total revenues of $325,000, total construction costs of 302,000, and general overhead costs of $12,000 for the year. Determine the company's total profit for the year.
A construction company has total revenues of $325,000, total construction costs of 302,000, and general overhead costs of $12,000 for the year. Determine the contribution margin (CM) for this company if $6,000 of the overhead is considered variable overhead.
Problem 1: In a recent bid, your construction cost estimate was $192,000. You added 7.5% P&O markup to your bid. Your competitor's total bid was $216,000. What P&O Markup did you competitor use assuming they bid the same construction costs?
Problem 2: What is the break-even contribution margin ratio for a company with a fixed overhead of $190,000 and revenues of $2,225,000?
Problem 3: What is the P&O Markup for a company that targets an 11% gross profit margin?
|
Develop a cost volume profit graph
: The relevant range for units sold is from zero units to 60 units. Develop a Cost Volume Profit graph, including the break-even equation
|
|
Calculate the price per share that landie would be can sell
: Calculate the price per share that Landie and Josh would be can sell their shares in 2019, assuming that the required return from investor's is13%.
|
|
How will issuing more shares affect the capital structure
: Calculate the profit margin ratio of the company and comment on the profitability performance of the company. How will issuing more shares affect the capital
|
|
What is the lease liability on December
: On January 1, 2020, Jannael Company leased machinery from Chin Company for a 10-year period. What is the lease liability on December
|
|
What is the break-even contribution margin ratio for company
: P&O markup to your bid. Your competitor's total bid was $216,000. What P&O Markup did you competitor use assuming they bid the same construction costs?
|
|
Explain what is meant by audit judgement
: Explain what is meant by audit judgement, and give examples of its application in support of your explanation
|
|
Calculate the return that patrick motsipe would require
: A listed telecommunications company, Calculate the return that Patrick Motsipe would require on his investment in this company?
|
|
What is the amount of interest received on december
: Cody Company paid P1,198,000 of 10%, 20-year bonds with a face amount of P1,000,000. What is the amount of interest received on December 31, 2019
|
|
Explain the purpose of a performance appraisal
: Explain the purpose of a performance appraisal? What would you measure through performance appraisal also explain how would you measure these appraisal?
|